10, Machen Road
10, Machen Road
Description & Estimates
10, Machen Road, Coleford is recorded publicly as a period freehold house across 1,800 ft2 of internal area, sitting on a 502 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 10, Machen Road, Coleford is £329,513 and its rental estimate is £1,489 per month, given the available information and assuming reasonable condition.
Machen Road, Broadwell, Coleford, GL16 falls within the GL16 postal district, in the borough of Forest of Dean.
Our Data Sources
10, Machen Road, Coleford has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated November 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 10, Machen Road, Coleford, we estimate a market value of £345,988 and a rental value of £1,564 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £306,447 and £1,385 per month respectively.
Recent Market Change
Over the last year, 10, Machen Road, Coleford has seen its estimated sale value drop by £7,779 (2.4%) and its estimated rental value rise by £44 per month (3.0%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 10, Machen Road, Coleford as measuring 502 m2.
That makes it the 8th largest plot in the postcode, where all 25 other houses have recorded plot data.
Energy Efficiency
10, Machen Road, Coleford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 10, Machen Road, Coleford completed on 1st February 2021 at £292,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 39.7% over the period since February 2021.
- Sold Feb 2021£292,500
- Sold Jul 2006£235,000
- Sold Oct 1999£72,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 10, Machen Road, Coleford have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd February 2023, was 8, Perch Drive, Coleford, GL16 7DG, a freehold house which sold for £337,500.
Read more about house prices in GL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 25 addresses on Machen Road, Broadwell, Coleford, GL16, 10, Machen Road, Coleford comes out as the 2nd largest and the 9th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the GL16 district.
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Schools Nearby
- 1.0kmCoalway Primary School
- 1.7kmBerry Hill Primary School
- 1.7kmSt John's C of E Academy
- 1.2kmFive Acres High School
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Public Transport Nearby
From 10, Machen Road, Coleford, the nearest station is Lydney, 10.6 kilometres away.
- 10.6kmLydney
- 18.4kmChepstow
- 18.9kmCam & Dursley
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
