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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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2, Chestnut Close, Coleford is recorded publicly as a modern freehold house across 789 ft2 of internal area, sitting on a 297 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Chestnut Close, Coleford is £250,853 and its rental estimate is £1,235 per month, given the available information and assuming reasonable condition.
Chestnut Close, Mile End, Coleford, GL16 falls within the GL16 postal district, in the borough of Forest of Dean.
2, Chestnut Close, Coleford has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated January 2010.
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.
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 2, Chestnut Close, Coleford, we estimate a market value of £263,395 and a rental value of £1,297 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £233,293 and £1,149 per month respectively.
Over the last year, 2, Chestnut Close, Coleford has seen its estimated sale value fall by £4,106 (1.6%) and its estimated rental value move up by £40 per month (3.2%). This results in an estimated gross rental yield of 5.9%.
HM Land Registry records the plot of land for 2, Chestnut Close, Coleford as measuring 297 m2.
That makes it the largest plot in the postcode, where all 13 other houses have recorded plot data.
2, Chestnut Close, Coleford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Chestnut Close, Coleford completed on 12th June 2017 at £217,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 47.8% over the period since June 2017.
Over the past 2 years 3 properties similar to 2, Chestnut Close, Coleford have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2023, was 12, Cedar Way, Coleford, GL16 7NH, a freehold house which sold for £275,000.
Read more about house prices in GL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 13 addresses on Chestnut Close, Mile End, Coleford, GL16, 2, Chestnut Close, Coleford comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the GL16 district.
From 2, Chestnut Close, Coleford, the nearest station is Lydney, 11.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Chestnut Close, Coleford, 49.7% of property is privately owned outright and 37.1% is privately owned with a mortgage.
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 2, Chestnut Close, Coleford, 15.4% of residents are recorded as possessing school level qualifications and 30.2% 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 2, Chestnut 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 2, Chestnut Close, Coleford, 0.0% 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 2, Chestnut Close, Coleford, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
