2, Marine Gardens
2, Marine Gardens
Description & Estimates
2, Marine Gardens, Coleford is recorded publicly as a modern leasehold apartment across 387 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 2, Marine Gardens, Coleford is £90,103 and its rental estimate is £576 per month, given the available information and assuming reasonable condition.
Marine Gardens, Coleford, GL16 falls within the GL16 postal district, in the borough of Forest of Dean.
Our Data Sources
2, Marine Gardens, Coleford has 21 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated November 2021.
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
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, Marine Gardens, Coleford, we estimate a market value of £94,608 and a rental value of £604 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £83,796 and £535 per month respectively.
Recent Market Change
Over the last year, 2, Marine Gardens, Coleford has seen its estimated sale value drop by £884 (1.0%) and its estimated rental value rise by £24 per month (4.3%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
2, Marine Gardens, Coleford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 2, Marine Gardens, Coleford completed on 13th June 2022 at £83,750 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 0.3% over the period since June 2022.
- Sold Jun 2022£83,750
- Sold Jun 2000£27,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Marine Gardens, Coleford have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was Flat 1, Caragh, Newland Street, Coleford, GL16 8AH, a leasehold flat which sold for £365,000.
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 21 addresses on Marine Gardens, Coleford, GL16, 2, Marine Gardens, Coleford comes out as the 16th largest and the 17th most expensive in our analysis of the public data.
It is also £245k less expensive than the average property across the GL16 district.
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Schools Nearby
- 400mSt John's C of E Academy
- 1.4kmCoalway Primary School
- 2.3kmBerry Hill Primary School
- 2.0kmFive Acres High School
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Public Transport Nearby
From 2, Marine Gardens, Coleford, the nearest station is Lydney, 10.6 kilometres away.
- 10.6kmLydney
- 17.3kmChepstow
- 19.8kmCam & Dursley
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
