# GL16 8RP Area Summary
GL16 8RP covers part of Coleford in the Forest of Dean, Gloucestershire, a historic market town situated in the heart of the Forest of Dean. This area represents one of the more affordable property markets in the wider Gloucestershire region, with 56 properties averaging just £75,833 – significantly below both regional and national averages. This exceptional value reflects the area's rural location and characterful housing stock, which often includes traditional terraced properties and former miners' cottages from the area's industrial heritage.
The notably low average price point suggests this postcode district offers genuine opportunities for first-time buyers, investors seeking rental yields, or those looking to relocate to a more rural setting without the premium prices found in neighbouring areas like Cheltenham or the Cotswolds. Coleford benefits from its Forest of Dean location, offering access to outstanding natural beauty, woodland walks, and a strong sense of community, whilst remaining within commuting distance of larger employment centres including Gloucester, Ross-on-Wye, and even Bristol.
This area particularly appeals to buyers prioritising affordability and rural living, though potential purchasers should consider that such low price points may reflect properties requiring modernisation or the area's more remote position relative to major transport links and urban amenities.
The average house price in GL16 8RP, Coleford is £75,833. Prices range from £17,950 to £189,500.
There are 56 properties in GL16 8RP, Coleford.
GL16 8RP contains 22 flat / maisonette properties, 22 terraced properties, 8 semi-detached properties, 4 detached properties.
Average house prices in GL16 8RP have risen by 373.2% from £31,594 in 1995 to £149,500 in 2024.
GL16 8RP is located in Coleford, Gloucestershire, England.