Flat 1, The Old Launderette, 16 Gloucester Road, Coleford, GL16 8BL is a leasehold flat built between 1900-1929. The property offers approximately 710 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £52,807 , which equates to approximately £74 per square foot. It was last sold on 25 Apr 2023 for £52,000. Since then, the value has increased by £807, representing a 1.6% increase, or approximately 0.6% per year.

The current estimated value of £52,807 is:

  • 77.3% lower than the average property price on Gloucester Road
  • 65.4% lower than the average in the GL16 8BL postcode area
  • and 80.7% lower than the average price for Coleford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 9 July 2024, the property was recorded as rented.

View sold house prices in GL16 8BL

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£52,807
Price Per sq ft (estimate)
£74
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1, The Old Launderette, 16 Gloucester Road, Coleford, Forest Of Dean, Gloucestershire, GL16 8BL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Jul 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Nov 2008, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 26.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to granite or whinstone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to GL16 8BL

8 th / 11
Price Rank
65% lower than average
6 th / 10
Size Rank
1% smaller than average
9 th / 10
Price Per Sq FT Rank
65% lower than average

Compared to other properties in GL16 8BL , this flat's estimated value ranks 8th out of 11. Based on price per square foot, it ranks 9th out of 10 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 6th out of 10 properties in its postcode area.

Sale History

Today
£52,807
streetscan.co.uk estimate
+2 %
25 Apr 2023
£52,000
Leasehold
-46.7 %
11 Aug 2006
£97,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 721 sq ft
sale price: £103,000
sale date: 16 Jun 2022
rooms: 3
size: 721 sq ft
sale price: £93,000
sale date: 29 Nov 2013

Data Sources

The property at Flat 1, The Old Launderette, 16 Gloucester Road, Coleford, GL16 8BL appears two times in the Land Registry records, with the latest transaction recorded on 25 Apr 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jul 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.