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8, Park Road, Coleford is described in the public record as a period house with 1,033 ft2 of internal area, sitting on a 949 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Park Road, Coleford is £177,756 and its rental estimate is £950 per month, given the available information and assuming reasonable condition.
Park Road, Five Acres, Coleford, GL16 falls within the GL16 postal district, in the borough of Forest of Dean.
8, Park Road, Coleford has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
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.
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 8, Park Road, Coleford, we estimate a market value of £186,644 and a rental value of £997 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,313 and £883 per month respectively.
Over the last year, 8, Park Road, Coleford has seen its estimated sale value drop by £2,909 (1.6%) and its estimated rental value rise by £31 per month (3.2%). This results in an estimated gross rental yield of 6.4%.
HM Land Registry records the plot of land for 8, Park Road, Coleford as measuring 949 m2.
That makes it the 4th largest plot in the postcode, where 27 of the 30 other houses have recorded plot data.
8, Park Road, Coleford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Over the past 2 years 3 properties similar to 8, Park Road, Coleford have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st January 2022, was 5, Buchanan Close, Coleford, GL16 8EG, a freehold house which sold for £125,000.
Read more about house prices in GL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 30 addresses on Park Road, Five Acres, Coleford, GL16, 8, Park Road, Coleford comes out as the 16th largest and the 30th most expensive in our analysis of the public data.
It is also £158k less expensive than the average property across the GL16 district.
From 8, Park Road, Coleford, the nearest station is Lydney, 11.9 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none 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 8, Park Road, Coleford, 48.0% of property is privately owned outright and 36.6% 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 8, Park Road, Coleford, 16.8% of residents are recorded as possessing school level qualifications and 23.0% 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 8, Park 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 8, Park Road, 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 8, Park Road, Coleford, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.