17, Machen Road
17, Machen Road
Description & Estimates
Public records show 17, Machen Road, Coleford to be a modern freehold house with 1,162 ft2 of internal area, sitting on a 232 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
17, Machen Road, Coleford has an estimated sale value of £326,859 and an estimated rental value of £1,395 per month, assuming reasonable condition and based on the information available.
Machen Road, Broadwell, Coleford, GL16 lies in the borough of Forest of Dean, within the GL16 postal district.
Our Data Sources
17, Machen Road, Coleford has 2 entries in the Land Registry , most recently in December 2016 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 17, Machen Road, Coleford would be worth £343,202, with a potential rental value of £1,464 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £303,979, with a rental value of £1,297 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 17, Machen Road, Coleford has moved down by £5,350 (1.6%) over the last year. During the same period, its estimated monthly rental value has increased by £45 (3.2%). The property's estimated gross yield is currently 5.1%.
Plot Size
17, Machen Road, Coleford occupies a 232 m2 plot as recorded by HM Land Registry.
All 25 other houses in this postcode have recorded plot sizes, and this one ranks as the 18th largest.
Energy Efficiency
17, Machen Road, Coleford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
17, Machen Road, Coleford last changed hands on 16th December 2016, selling for £215,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 54.1% since December 2016.
- Sold Dec 2016£215,000
- Sold Apr 2008£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 17, Machen Road, Coleford across the last 2 years.
Most recently, 18, Machen Road, Coleford, GL16 7BU, a freehold house, sold at £224,000 on the 3rd May 2019.
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
Our analysis of the public data ranks 17, Machen Road, Coleford as the 14th largest and the 10th most expensive of the 25 addresses on Machen Road, Broadwell, Coleford, GL16.
Against the GL16 postcode district average, it is £9k less expensive than the typical property.
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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
Lydney station is the nearest stop to 17, Machen Road, Coleford at 10.6 kilometres away.
- 10.6kmLydney
- 18.4kmChepstow
- 18.9kmCam & Dursley
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
