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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 17, Springfield Close, Coleford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 597 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Springfield Close, Coleford is £133,282 and the estimated rental value is £745 per month.
Springfield Close, Coleford, GL16 is located in the borough of Forest of Dean within the GL16 postal district.
17, Springfield Close, Coleford has 2 entries in the Land Registry , most recently in April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 17, Springfield Close, Coleford is in very good condition we estimate a sale value of £139,946 and a rental value of £783 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,952 and a rental value of £693 per month.
Over the last 12 months the sale value of 17 Springfield Close Coleford has decreased by an estimated £673 (0.5%) and its rental value has increased by an estimated £23 per month (3.1%), giving an expected gross yield of 6.7%.
According to HM Land Registry, 17, Springfield Close, Coleford was last sold on 18th April 2018 for £119,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2018, the market for similar properties has risen 39.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Springfield Close, Coleford within a radius of 790 metres over the last 2 years.
The most recent example is 4 Kings Head Apartments, Spout Lane, Coleford, GL16 8DP, a leasehold flat which sold for £127,000 on the 22nd September 2023.
Read more about house prices in GL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Close, Coleford, GL16 has a total of 20 addresses. According to our analysis of all the public data, 17, Springfield Close, Coleford is the 11th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in GL16.
The closest station to 17, Springfield Close, Coleford is Lydney station which is 10.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Springfield Close, Coleford, 36.7% of property is privately owned outright and 33.1% is privately rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 17, Springfield Close, Coleford, 15.1% of residents are recorded as possessing school level qualifications and 20.9% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 17, Springfield Close, Coleford, the average age was 44.7 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 17, Springfield Close, Coleford, 0.8% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 17, Springfield Close, Coleford, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
