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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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Public records show 22, Machen Road, Coleford to be a modern freehold house with 1,194 ft2 of internal area, sitting on a 335 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
22, Machen Road, Coleford has an estimated sale value of £331,535 and an estimated rental value of £1,405 per month, assuming reasonable condition and based on the information available.
Machen Road, Broadwell, Coleford, GL16 lies in the borough of Forest of Dean, within the GL16 postal district.
22, Machen Road, Coleford has 31 entries in the Land Registry , most recently in April 2017 and a single entry in the EPC database dated January 2017.
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.
In very good condition, we estimate 22, Machen Road, Coleford would be worth £348,112, with a potential rental value of £1,475 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £308,327, with a rental value of £1,307 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 22, Machen Road, Coleford has fallen by £5,426 (1.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £46 (3.2%). The property's estimated gross yield is currently 5.1%.
22, Machen Road, Coleford occupies a 335 m2 plot as recorded by HM Land Registry.
All 25 other houses in this postcode have recorded plot sizes, and this one ranks as the 13th largest.
22, Machen Road, Coleford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
22, Machen Road, Coleford last changed hands on 19th April 2017, selling for £225,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 49.8% since April 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 22, Machen Road, Coleford across the last 2 years.
Most recently, Oakleigh, Hillcrest Lane, Coleford, GL16 7DN, a freehold house, sold at £310,000 on the 25th October 2021.
Read more about house prices in GL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 22, Machen Road, Coleford as the 11th largest and the 6th most expensive of the 25 addresses on Machen Road, Broadwell, Coleford, GL16.
Against the GL16 postcode district average, it is £4k less expensive than the typical property.
Lydney station is the nearest stop to 22, Machen Road, Coleford at 10.6 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Machen Road, Coleford, 57.0% of property is privately owned outright and 32.6% 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 22, Machen Road, Coleford, 15.4% of residents are recorded as possessing school level qualifications and 27.0% 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 22, Machen Road, 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 22, Machen Road, Coleford, 0.7% 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 22, Machen Road, 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.
