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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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The public record describes 3, The Close, Coleford as a mid-century house with 635 ft2 of internal area, sitting on a 969 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, The Close, Coleford has an estimated sale value of £208,796 and an estimated rental value of £1,087 per month, assuming reasonable condition and based on the information available.
The Close, Broadwell, Coleford, GL16 lies in the borough of Forest of Dean, within the GL16 postal district.
3, The Close, Coleford has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 3, The Close, Coleford would be worth £219,236, with a potential rental value of £1,142 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £194,180, with a rental value of £1,011 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, The Close, Coleford has fallen by £3,085 (1.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £38 (3.5%). The property's estimated gross yield is currently 6.2%.
3, The Close, Coleford occupies a 969 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the largest.
3, The Close, Coleford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.4 kilometres of 3, The Close, Coleford across the last 2 years.
Most recently, 5, Chestnut Close, Coleford, GL16 7NG, a freehold house, sold at £190,000 on the 2nd August 2024.
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 3, The Close, Coleford as the 5th largest and the 5th most expensive of the 5 addresses on The Close, Broadwell, Coleford, GL16.
Against the GL16 postcode district average, it is £127k less expensive than the typical property.
Lydney station is the nearest stop to 3, The Close, Coleford at 10.6 kilometres away.
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 3, The Close, Coleford, 39.6% of property is socially rented and 35.1% 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 3, The Close, Coleford, 19.7% of residents are recorded as possessing school level qualifications and 16.1% 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 3, The 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 3, The Close, Coleford, 1.6% 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 3, The 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.
