The New Bungalow The Tram Road

    THE NEW BUNGALOW, THE TRAM ROAD, COLEFORD, GL16 8TR

    This detached freehold property on The Tram Road last sold in January 2022 for £182,500. Based on price growth in the GL16 district since then, its estimated current value is £198,087 — placing it in the 24th percentile nationally and the 19th percentile within GL16. The property covers 50 m² (538 sq ft), giving an estimated value of £3,962 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £182,500

    Jan 2022

    Estimated Valuation

    £198,087

    Est. £/sq ft

    £368/sq ft

    £3,962/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fueloil (not community)
    EPC currentD
    EPC potentialB
    Floor area538 sq ft (50 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    7 Jan 2022

    £182,500

    Key Metrics

    Estimated valuation£198,087
    Value per sq ft / m²£368/sq ft (£3,962/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GL16 district percentile19th percentile
    National percentile24th 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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