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According to the public record, 2, Nelson Close, Coleford is a modern house with 861 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Nelson Close, Coleford is £197,549 and the estimated rental value is £1,093 per month.
Nelson Close, Broadwell, Coleford, GL16 is located in the borough of Forest of Dean within the GL16 postal district.
2, Nelson Close, Coleford has no records in the the Land Registry and a single entry in the EPC database dated May 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Nelson Close, Coleford is in very good condition we estimate a sale value of £207,426 and a rental value of £1,148 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,720 and a rental value of £1,016 per month.
Over the last 12 months the sale value of 2 Nelson Close Coleford has decreased by an estimated £3,233 (1.6%) and its rental value has increased by an estimated £36 per month (3.2%), giving an expected gross yield of 6.6%.
2, Nelson Close, Coleford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Nelson Close, Coleford within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 12, Wynols Close, Coleford, GL16 7RR, a freehold house which sold for £190,000 on the 17th December 2021.
Read more about house prices in GL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nelson Close, Broadwell, Coleford, GL16 has a total of 7 addresses. According to our analysis of all the public data, 2, Nelson Close, Coleford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in GL16.
The closest station to 2, Nelson Close, Coleford is Lydney station which is 9.9 kilometres away.
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 2, Nelson Close, Coleford, 38.9% of property is socially rented and 27.2% is privately owned outright.
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, Nelson Close, Coleford, 24.3% of residents are recorded as possessing school level qualifications and 15.0% 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, Nelson 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, Nelson Close, Coleford, 0.4% 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, Nelson Close, Coleford, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.