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Registered Address: 2 Leman St, London E1 8FA
GL16 8RZHouse Prices / South West, Forest of Dean, Wetheral Close
Last updated May 2026
Key Postcode Insights
GL16 8RZ is a residential postcode situated on Wetheral Close, Milkwall, Coleford, GL16 with 6 addresses.
It ranks as the 293rd largest and 442nd most expensive of the 1,010 postcodes in the GL16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
6
Properties
- Houses
Key Postcode Insights
GL16 8RZ is a residential postcode situated on Wetheral Close, Milkwall, Coleford, GL16 with 6 addresses.
It ranks as the 293rd largest and 442nd most expensive of the 1,010 postcodes in the GL16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
6
Properties
- Houses
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House Pricesin GL16 8RZ
Sale prices range from £250,267 for 3 bedroom freehold houses with a garden (1,108 ft2) to £432,223 for 4 bedroom freehold houses with a garden (1,700 ft2) .
Monthly rental prices range from £1,360 pcm for 3 bed houses to £1,554 pcm for 4 bed houses.
The gross rental yield is between 4.3% and 6.5%.
The average value per square foot is £190.
Average Sale Value
£312,589
Average Rental Value
£1,466 pcm
Average Rental Yield
5.6% /year
Average Value Per Sqft
£190 /ft2
Sales Market Trendsin GL16 8RZ
The last sale in GL16 8RZ sold for £250,000 on 23rd March 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £312,589.
The GL16 8RZ Sales Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.9% | £312,589 |
| April 2025 | 1.1% | £315,526 |
| April 2024 | -1% | £312,226 |
| April 2023 | 4.5% | £315,481 |
| April 2022 | 9.9% | £302,030 |
| April 2021 | 8.9% | £274,789 |
| April 2020 | 1.1% | £252,342 |
| April 2019 | 4% | £249,474 |
| April 2018 | 5.1% | £239,875 |
| April 2017 | 7% | £228,142 |
| April 2016 | 4.5% | £213,221 |
| April 2015 | 5.7% | £204,058 |
| April 2014 | 5.1% | £193,005 |
| April 2013 | 0.1% | £183,584 |
| April 2012 | -3.3% | £183,463 |
| April 2011 | 0.6% | £189,813 |
| April 2010 | 3.4% | £188,638 |
| April 2009 | -10.4% | £182,469 |
| April 2008 | 0.2% | £203,693 |
| April 2007 | 0% | £203,297 |
Rental Market Trendsin GL16 8RZ
The current average rental value in the postcode is £1,466.
The GL16 8RZ Rental Market has increased by 61.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,466pcm |
| April 2025 | 5% | £1,429pcm |
| April 2024 | 8% | £1,361pcm |
| April 2023 | 6.6% | £1,260pcm |
| April 2022 | 9.3% | £1,182pcm |
| April 2021 | 6.5% | £1,082pcm |
| April 2020 | 1.1% | £1,016pcm |
| April 2019 | 3.3% | £1,004pcm |
| April 2018 | 1.9% | £972pcm |
| April 2017 | 5.2% | £954pcm |
| April 2016 | 4.4% | £906pcm |
| April 2015 | 3% | £868pcm |
| April 2014 | 2.8% | £843pcm |
| April 2013 | 3% | £820pcm |
| April 2012 | -0.3% | £796pcm |
| April 2011 | 3.1% | £799pcm |
| April 2010 | 1.2% | £775pcm |
| April 2009 | -8.4% | £766pcm |
| April 2008 | 6.1% | £836pcm |
| April 2007 | 0% | £788pcm |
Explore Propertiesin GL16 8RZ, Wetheral Close, Milkwall, Coleford, GL16
- 1, Wetheral Close, Coleford, GL16 8RZ4 bed modern house
- 2, Wetheral Close, Coleford, GL16 8RZ4 bed modern house
- 3, Wetheral Close, Coleford, GL16 8RZ4 bed modern house
- 4, Wetheral Close, Coleford, GL16 8RZ4 bed modern house
- 5, Wetheral Close, Coleford, GL16 8RZ4 bed modern house
- 6, Wetheral Close, Coleford, GL16 8RZ3 bed modern house
Sales Historyin GL16 8RZ
The last sale was on 23rd March 2025 for £250,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 9 sales since 1995.
GL16 8RZ has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Mar 2025£250,000 | 3 Bed HouseWetheral Close6, Wetheral Close, Coleford, GL16 8RZ
Sold Mar 2024£425,000 | 4 Bed HouseWetheral Close5, Wetheral Close, Coleford, GL16 8RZ
Sold Jul 2022£100,000 | 3 Bed HouseWetheral Close6, Wetheral Close, Coleford, GL16 8RZ
Sold Mar 2021£100,000 | 4 Bed HouseWetheral Close5, Wetheral Close, Coleford, GL16 8RZ
Sold Dec 2020£360,000 | 4 Bed HouseWetheral Close3, Wetheral Close, Coleford, GL16 8RZ
Sold Feb 2020£420,000 | 4 Bed HouseWetheral Close2, Wetheral Close, Coleford, GL16 8RZ
Sold Mar 2018£350,000 | 4 Bed HouseWetheral Close1, Wetheral Close, Coleford, GL16 8RZ
Sold Mar 2018£100,000 | 4 Bed HouseWetheral Close2, Wetheral Close, Coleford, GL16 8RZ
Sold Mar 2017£100,000 | 4 Bed HouseWetheral Close1, Wetheral Close, Coleford, GL16 8RZ
Nearby Postcodesto GL16 8RZ
GL16 8RZ is the 293rd largest and the 442nd most expensive postcode out of the 1,010 postcodes in the GL16 area.
- 88 mGL16 8PZ, Station Road, Milkwall, Coleford, GL16GL16 8PZ3 Addresses
- 92 mGL16 8QA, Lambsquay Road, Milkwall, Coleford, GL16GL16 8QA23 Addresses
- 136 mGL16 8PX, Tufthorn Road, Coleford, GL16GL16 8PX17 Addresses
- 148 mGL16 8PY, Tufthorn Road, Coleford, GL16GL16 8PY15 Addresses
- 172 mGL16 8QB, Perrygrove Road, Coleford, GL16GL16 8QB7 Addresses
- 176 mGL16 7LD, Station Road, Milkwall, Coleford, GL16GL16 7LD7 Addresses
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Property Typesin GL16 8RZ
- 6 modern houses built after 1980
- modern house (6)
Energy Efficiencyof properties in GL16 8RZ
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (6)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Saleson Wetheral Close
Schools Nearbyto GL16 8RZ
The nearest primary school to GL16 8RZ is Ellwood Primary School which is 1.2 kilometres away.
- 1.2kmEllwood Primary School
- 1.4kmCoalway Primary School
- 1.8kmClearwell Church of England Primary School
The nearest secondary school is Five Acres High School which is 3.2 kilometres away.
- 3.2kmFive Acres High School
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Public Transport Nearbyto GL16 8RZ
The closest station to GL16 8RZ is Lydney station which is 9.0 kilometres away.
- 9.0kmLydney
- 16.1kmChepstow
- 18.5kmCam & Dursley
- 22.9kmStonehouse
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