Property trends for GL19

    GL19 covers the Forest of Dean area in west Gloucestershire, straddling the border with Wales. It is a rural, semi-rural district with strong appeal to retirees and those seeking countryside living.

    At a Glance

    Average Property Price - GL19

    £486,799

    79

    National percentile

    Average Monthly Rent - GL

    £1,082

    58

    National percentile

    Average Net Household Income - GL19

    £42,706

    68

    National percentile

    Flat / Maisonette Yield - GL

    5.0%

    21

    National percentile

    10-Year Annualised Price Growth - GL19

    3.6%

    53

    National percentile

    10-Year Annualised Rent Growth - GL

    4.2%

    65

    National percentile

    Property Price & Volume Trends

    The average property price of £487,000 sits among the more expensive areas nationally. Growth over the past decade has averaged 3.6% per year—broadly in line with the UK overall. Transaction activity last year was 91 sales, down from a 10-year average of 111 per year, suggesting a tightening of market activity.

    Rent & Yield Trends

    Average monthly rent of £1,082 is close to the national median. Rental growth over the past decade has run at 4.2% per year, outpacing the UK average. The flat yield currently stands at 5.0%, up from a 10-year average of 4.1%, indicating improving returns for landlords in recent times.

    Income & Affordability Trends

    Average household income of £42,706 sits above the national median. The price-to-income ratio of 12.6x has risen considerably since 2016 (9.0x), reflecting that property has become less affordable on local earnings over the past eight years. Rental affordability has also softened: renters now spend 27.3% of income on rent, up from 26.1% in 2016.

    Resident Demographic Profile

    The population is notably older than the national average: a quarter are aged 65 and over (against 19.6% nationally), and those aged 50–64 account for 22.9% (against 19.8%). The area has far fewer young adults aged 25–34 at just 8.5% (against 13.4% nationally). Housing tenure reflects the age profile, with nearly half of all homes (47.6%) owned outright, well above the national average of 33.7%, and private renting at only 12.9%, below the 21.7% national figure. Employment is characterised by a larger-than-average share of managers (17.6% vs 13.4%) and tradespeople (13.3% vs 10.5%), alongside above-average administrative roles.

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