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House Prices in GL14

The average house price in GL14 (Cinderford) is £344,500 using HM Land Registry data.

The average property price increased by £87,550 (32.82%) over the last 5 years and increased by £17,503 (4.73%) over the last 12 months.

Over the last year, there were 137 residential property sales – a decrease of 57 transactions (-41.61%) relative to the previous year. The majority of house sales (32) were in the £198,000 - £256,000 range. Then came properties in the £140,000 - £198,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,790 (-3%).

In June 2024, there were 47 new estate agency instructions, 24 agreed home sales and 27 property price reductions.

5-Year Average Property Prices in GL14 (Cinderford)

32.82%

Property prices in Cinderford increased by 32.82% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in GL14 (Cinderford) Over the Last Year

4.73%

Property prices in Cinderford increased by 4.73% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for GL14 (Cinderford) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in GL14 (Cinderford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in GL14 (Cinderford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in GL14 (Cinderford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the GL14 (Cinderford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GL14 postcode area since 1995.

Recent Sales in GL14 (Cinderford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
52 Ruspidge Road, Cinderford, Gloucestershire, GL14 3AE	£332,500	£327,500	-£5,000	15 Sep 2023	02 Feb 2024	140 Days
2 Hewlett Way, Ruspidge, Cinderford, Gloucestershire, GL14 3AJ	£225,000	£212,000	-£13,000	22 May 2023	20 Dec 2023	212 Days
43 Belle Vue Road, Cinderford, Gloucestershire, GL14 2AA	£175,000	£168,500	-£6,500	19 Jun 2023	22 Nov 2023	156 Days
33 Victoria Street, Cinderford, Gloucestershire, GL14 2ET	£180,000	£173,000	-£7,000	03 May 2023	10 Nov 2023	191 Days
30 Oak Way, Littledean, Cinderford, Gloucestershire, GL14 3NE	£225,000	£210,000	-£15,000	22 Aug 2022	01 Nov 2023	436 Days
28 Beaconsview Road, Cinderford, Gloucestershire, GL14 2PY	£159,950	£140,000	-£19,950	08 Jul 2023	20 Oct 2023	104 Days
81 Ruspidge Road, Cinderford, Gloucestershire, GL14 3AW	£489,995	£458,000	-£31,995	03 Apr 2023	06 Oct 2023	186 Days
50 Mount Pleasant Road, Cinderford, Gloucestershire, GL14 3BX	£180,000	£170,000	-£10,000	20 Apr 2023	04 Oct 2023	167 Days
2 Dean View, Cinderford, Gloucestershire, GL14 3EE	£340,000	£320,000	-£20,000	11 Feb 2023	29 Sep 2023	230 Days
11 East View, Newnham, Gloucestershire, GL14 1DG	£310,000	£290,000	-£20,000	11 Jan 2023	18 Sep 2023	250 Days
8 Allsopp Close, Newnham, Gloucestershire, GL14 1DP	£185,000	£85,000	-£100,000	04 May 2023	25 Aug 2023	113 Days
Rosewood, Parragate Road, Cinderford, Gloucestershire, GL14 2JZ	£270,000	£257,500	-£12,500	05 May 2023	25 Aug 2023	112 Days
1 Pinewood Close, Cinderford, Gloucestershire, GL14 2QJ	£170,000	£165,000	-£5,000	28 Oct 2022	25 Aug 2023	301 Days
49 Springfield Drive, Cinderford, Gloucestershire, GL14 2TE	£315,000	£297,500	-£17,500	25 Apr 2023	21 Aug 2023	118 Days
Iringa, Stantway Lane, Westbury-on-severn, Gloucestershire, GL14 1QG	£430,000	£420,000	-£10,000	24 Jan 2023	14 Aug 2023	202 Days
21a, Ruspidge Road, Cinderford, Gloucestershire, GL14 3AE	£400,000	£385,000	-£15,000	15 May 2023	04 Aug 2023	81 Days
62 Commercial Street, Cinderford, Gloucestershire, GL14 2RW	£210,000	£196,640	-£13,360	04 Jan 2023	28 Jul 2023	205 Days
48 Belle Vue Road, Cinderford, Gloucestershire, GL14 2AG	£235,000	£220,000	-£15,000	31 Mar 2023	27 Jul 2023	118 Days
Carreg Barn, Stantway Lane, Westbury-on-severn, Gloucestershire, GL14 1QG	£385,000	£385,000	£00	01 Jul 2023	21 Jul 2023	20 Days
35 Buckshaft Road, Cinderford, Gloucestershire, GL14 3DS	£325,000	£306,500	-£18,500	28 Nov 2022	14 Jul 2023	228 Days

Most Expensive Streets in GL14 (Cinderford)

Postcode	Street	Area	Average	No. of Sales
GL14 1DZ	Bullo Pill, Newnham	Cinderford	£657,500	3
GL14 1LE	Popes Hill, Newnham	Cinderford	£590,833	3
GL14 1BB	High Street, Newnham	Cinderford	£586,562	4
GL14 1QB	Wintles Hill, Westbury-on-severn	Cinderford	£579,166	3
GL14 1BW	High Street, Newnham	Cinderford	£553,333	3
GL14 1LD	Popes Hill, Newnham	Cinderford	£523,750	4
GL14 1BJ	Unlawater Lane, Newnham	Cinderford	£511,500	5
GL14 1AG	Brightlands, Newnham	Cinderford	£505,000	5
GL14 1NA	Northwood Green, Westbury-on-severn	Cinderford	£478,650	5
GL14 1JX	Popes Hill, Newnham	Cinderford	£477,333	3

Least Expensive Streets in GL14 (Cinderford)

Postcode	Street	Area	Average	No. of Sales
GL14 2SH	High Street	Cinderford	£66,375	4
GL14 2RP	Commercial Street	Cinderford	£124,666	3
GL14 2RW	Commercial Street	Cinderford	£128,828	5
GL14 2NU	Woodside Street	Cinderford	£136,785	7
GL14 2TB	High Street	Cinderford	£140,666	3
GL14 2JQ	Victoria Vale	Cinderford	£143,666	3
GL14 3JH	Nailsmiths Court, Littledean	Cinderford	£146,166	9
GL14 2RZ	Kings Head Court	Cinderford	£146,666	3
GL14 2AA	Belle Vue Road	Cinderford	£148,272	9
GL14 2NT	Forest Road	Cinderford	£148,700	5