5, FOREST CLOSE, BEWDLEY, DY12 2UF - £177,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 FOREST CLOSE is a terraced house, which could now be worth an estimated £283,507. It was last sold for £177,000 in May 2006, which was around 50% above the average May 2006 terraced price in the Wyre Forest local authority area.

5 FOREST CLOSE Sold Prices

Land registry data shows three sales for 5 FOREST CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wyre Forest local authority area for the corresponding sale date. All of the three 5 FOREST CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 31 MAY	£177,000	£118,338	50% above HPI
2004 3 SEP	£167,000	£107,976	55% above HPI
2002 21 JUN	£85,500	£65,947	30% above HPI

What might 5 FOREST CLOSE be worth now?

5 FOREST CLOSE might now be worth an estimated £283,507.

This is based on house price inflation of 60.2%, between May 2006 and May 2026, for terraced houses, in the Wyre Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.2% inflationary increase is applied to the most recent sale price for 5 FOREST CLOSE of £177,000 on 31st May 2006. For the value to have increased from £177,000 to £283,507 over the twenty years to May 2026, the following assumptions must hold true:

• The value of 5 FOREST CLOSE has moved in line with the HPI for terraced houses in the Wyre Forest local authority area.
• The May 2006 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FOREST CLOSE has not materially changed since May 2006.

Where is 5 FOREST CLOSE?

5 FOREST CLOSE is located in BEWDLEY, in the DY12 postcode district.