18, Park Road
18, Park Road
Description & Estimates
18, Park Road, Coleford is recorded publicly as a mid-century freehold house across 796 ft2 of internal area, sitting on a 221 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 18, Park Road, Coleford is £258,676 and its rental estimate is £1,211 per month, given the available information and assuming reasonable condition.
Park Road, Five Acres, Coleford, GL16 falls within the GL16 postal district, in the borough of Forest of Dean.
Our Data Sources
18, Park Road, Coleford has 2 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 18, Park Road, Coleford, we estimate a market value of £271,610 and a rental value of £1,272 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £240,568 and £1,127 per month respectively.
Recent Market Change
Over the last year, 18, Park Road, Coleford has seen its estimated sale value move down by £4,234 (1.6%) and its estimated rental value increase by £39 per month (3.2%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 18, Park Road, Coleford as measuring 221 m2.
That makes it the 26th largest plot in the postcode, where 27 of the 30 other houses have recorded plot data.
Energy Efficiency
18, Park Road, Coleford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 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
The most recent sale of 18, Park Road, Coleford completed on 24th August 2020 at £212,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 29.3% over the period since August 2020.
- Sold Aug 2020£212,500
- Sold Nov 2010£136,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Park Road, Coleford have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th August 2024, was 9, Park Road, Coleford, GL16 7QS, a freehold house which sold for £310,000.
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 30 addresses on Park Road, Five Acres, Coleford, GL16, 18, Park Road, Coleford comes out as the 24th largest and the 24th most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the GL16 district.
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Schools Nearby
- 300mBerry Hill Primary School
- 1.8kmSt John's C of E Academy
- 2.2kmCoalway Primary School
- 200mFive Acres High School
More reading links
Public Transport Nearby
From 18, Park Road, Coleford, the nearest station is Lydney, 11.9 kilometres away.
- 11.9kmLydney
- 19.2kmChepstow
- 20.2kmCam & 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.
