Key indicators for buyers
The GL15 market is moderately favourable for buyers. Prices have softened (-16.6%), which could present a buying opportunity. Affordability has improved from a peak of 10.6x in 2021 to 8.2x today. Rising rents (£829/mo, +4.1%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Forest of Dean area
A home in Forest of Dean costs 8.2x the local median salary — stretched, improving from a peak of 10.6x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Forest of Dean area
Average monthly rent in Forest of Dean is £829, up 4.1% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Forest of Dean price of £259,286 with a 25% deposit (£65k), a 2-year fixed mortgage at 3.97% costs around £1,023 per month.
Monthly cost comparison based on current data
Uses GL15 avg. price with Forest of Dean rental data
Monthly mortgage payments (£1,023) are £194 more than renting (£829). However, buying requires an upfront deposit of £65k — it would take around 13 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
34, SUMMERLEAZE GL15 5QD | Semi-detached | £175,000 | 23 Jan 2026 |
15, NAAS LANE GL15 5AS | Semi-detached | £240,000 | 16 Jan 2026 |
1, BAYLISS CLOSE GL15 5FW | Detached | £285,000 | 15 Jan 2026 |
PORTHMEAR, NEW ROAD, BREAM GL15 6HJ | Detached | £385,000 | 12 Jan 2026 |
30, WILLOW HEIGHTS GL15 5LR | Detached | £290,000 | 9 Jan 2026 |
62, TUTNALLS STREET GL15 5PQ | Terraced | £330,000 | 6 Jan 2026 |
28, KINGS MEADOW COURT GL15 5JU | Flat/Maisonette |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in GL15 sold for £259,286 in 2026, with a median of £285,000 across 7 transactions. Prices fell 16.6% compared to the previous year.
| £110,000 |
| 6 Jan 2026 |
4, CROOME CLOSE GL15 5FR | Semi-detached | £287,500 | 19 Dec 2025 |
UNIT 11, MEAD LANE INDUSTRIAL ESTATE GL15 5DA | Other | £285,250 | 19 Dec 2025 |
32, GARLANDS ROAD, ALVINGTON GL15 6BB | Semi-detached | £200,000 | 19 Dec 2025 |
9, HIGHBROOK WAY GL15 4BY | Semi-detached | £260,000 | 18 Dec 2025 |
53, QUEEN STREET GL15 5LZ | Terraced | £160,000 | 18 Dec 2025 |
4, FOREST PARADE GL15 5HJ | Flat/Maisonette | £50,000 | 15 Dec 2025 |
2, ALDERDALE GL15 5NG | Semi-detached | £182,500 | 15 Dec 2025 |
APPLE TREE COTTAGE, HIGH WOOLASTON, WOOLASTON GL15 6PX | Detached | £635,000 | 15 Dec 2025 |
22, BEAUCHAMP MEADOW GL15 5NS | Detached | £355,000 | 12 Dec 2025 |
71, LAKESIDE AVENUE GL15 5QA | Detached | £252,500 | 12 Dec 2025 |
73, LAKESIDE AVENUE GL15 5QA | Detached | £165,000 | 12 Dec 2025 |
3, BLUEBELL GROVE GL15 5RW | Semi-detached | £260,000 | 12 Dec 2025 |
37, SEVERN VIEW ROAD, WOOLASTON GL15 6NP | Semi-detached | £250,000 | 11 Dec 2025 |
The most recent recorded sale in GL15 was a semi-detached property on Summerleaze for £175,000 in January 2026. Across the last 20 sales, the median price was £260,000.