Key indicators for buyers
The GL16 market is moderately favourable for buyers. Prices have softened (-59.7%), 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 £115,000 with a 25% deposit (£29k), a 2-year fixed mortgage at 3.97% costs around £454 per month.
Monthly cost comparison based on current data
Uses GL16 avg. price with Forest of Dean rental data
Monthly mortgage payments (£454) are £375 less than renting (£829). However, buying requires an upfront deposit of £29k — it would take around 4 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
6, MARINE GARDENS GL16 8DD | Flat/Maisonette | £115,000 | 16 Jan 2026 |
39, VICTORIA ROAD GL16 8DS | Terraced | £157,000 | 19 Dec 2025 |
5, LORDS GATE GL16 8RT | Detached | £390,000 | 18 Dec 2025 |
CEDAR HOUSE, ENGLISH BICKNOR GL16 7PF | Detached | £910,000 | 18 Dec 2025 |
2, POOLWAY PLACE GL16 8DF | Semi-detached | £290,000 | 16 Dec 2025 |
SCHOOL HOUSE, WOODLAND ROAD, CHRISTCHURCH GL16 7NR | Detached | £395,000 | 15 Dec 2025 |
14, GREENWAYS DRIVE GL16 8PF | Semi-detached |
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 GL16 sold for £115,000 in 2026, with a median of £115,000 across 1 transactions. Prices fell 59.7% compared to the previous year.
| £180,000 |
| 10 Dec 2025 |
NEW HOUSE, HILLCREST ROAD, BERRY HILL GL16 7RG | Detached | £360,000 | 9 Dec 2025 |
15, PROSPER LANE, COALWAY GL16 7JW | Semi-detached | £238,000 | 4 Dec 2025 |
2, FAIRWAYS AVENUE GL16 8RJ | Detached | £292,500 | 3 Dec 2025 |
73, KINGS MEADE GL16 8RS | Semi-detached | £190,000 | 3 Dec 2025 |
78, GROVE ROAD, CHRISTCHURCH GL16 7AF | Detached | £375,000 | 28 Nov 2025 |
12, THE PIKE HOUSE, GROVE ROAD, BERRY HILL GL16 8RF | Flat/Maisonette | £132,000 | 28 Nov 2025 |
TREE TOPS, CHEPSTOW ROAD, SLING GL16 8JE | Detached | £455,000 | 26 Nov 2025 |
ASHVILLE, PALMERS FLAT GL16 7HU | Detached | £465,000 | 26 Nov 2025 |
1, STABLE MEWS GL16 8BJ | Semi-detached | £152,995 | 25 Nov 2025 |
15, MILE END ROAD GL16 7QD | Detached | £425,000 | 25 Nov 2025 |
HIGHFIELD HOUSE, NEW ROAD, COALWAY GL16 7JA | Detached | £454,000 | 21 Nov 2025 |
101, GLOUCESTER ROAD GL16 8BN | Semi-detached | £216,000 | 19 Nov 2025 |
6, HAWTHORN DRIVE, SLING GL16 8LS | Semi-detached | £250,000 | 14 Nov 2025 |
The most recent recorded sale in GL16 was a flat/maisonette property on Marine Gardens for £115,000 in January 2026. Across the last 20 sales, the median price was £292,500.