Flat 2 Chapel Apartments Bank Street

    FLAT 2 CHAPEL APARTMENTS, BANK STREET, COLEFORD, GL16 8BA

    This flat/maisonette leasehold property on Bank Street last sold in September 2024 for £80,000. Based on price growth in the GL16 district since then, its estimated current value is £83,899 — placing it in the 2nd percentile nationally and the 1st percentile within GL16. The property covers 55 m² (592 sq ft), giving an estimated value of £1,525 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £80,000

    Sept 2024

    Estimated Valuation

    £83,899

    Est. £/sq ft

    £142/sq ft

    £1,525/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateFeb 2013
    WallsSandstone, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    9 Sept 2024

    £80,000

    7 Nov 2014

    £50,000

    23 Feb 1996

    New build

    £20,000

    Key Metrics

    Estimated valuation£83,899
    Value per sq ft / m²£142/sq ft (£1,525/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GL16 district percentile1st percentile
    National percentile2nd percentile

    District Context — GL16

    GL16 covers the Forest of Dean area in west Gloucestershire, straddling the border with Wales. It is a rural district characterised by woodland, small villages, and outdoor leisure appeal, with a notably older and more settled resident population.

    Average Property Price - GL16

    £290,797

    40

    National percentile

    Average Net Household Income - GL16

    £35,069

    31

    National percentile

    10-Year Annualised Price Growth - GL16

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - GL

    4.2%

    65

    National percentile

    View full analysis for GL16

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