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Company No. 11113204
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6, Forge Close, Burntwood is recorded publicly as a mid-century freehold house across 699 ft2 of internal area, sitting on a 491 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 6, Forge Close, Burntwood is £343,168 and its rental estimate is £1,292 per month, given the available information and assuming reasonable condition.
Forge Close, Hammerwich, Burntwood, WS7 falls within the WS7 postal district, in the borough of Lichfield.
6, Forge Close, Burntwood has 2 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 6, Forge Close, Burntwood, we estimate a market value of £360,326 and a rental value of £1,356 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £319,146 and £1,201 per month respectively.
Over the last year, 6, Forge Close, Burntwood has seen its estimated sale value grow by £6,251 (1.8%) and its estimated rental value climb by £60 per month (4.7%). This results in an estimated gross rental yield of 4.5%.
HM Land Registry records the plot of land for 6, Forge Close, Burntwood as measuring 491 m2.
That makes it the 4th largest plot in the postcode, where all 8 other houses have recorded plot data.
6, Forge Close, Burntwood has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 6, Forge Close, Burntwood completed on 6th September 2019 at £300,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 8.1% over the period since September 2019.
Over the past 2 years 3 properties similar to 6, Forge Close, Burntwood have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th November 2022, was 59, Burntwood Road, Burntwood, WS7 0JQ, a freehold house which sold for £280,000.
Read more about house prices in WS7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 8 addresses on Forge Close, Hammerwich, Burntwood, WS7, 6, Forge Close, Burntwood comes out as the 7th largest and the 6th most expensive in our analysis of the public data.
It is also £86k more expensive than the average property across the WS7 district.
From 6, Forge Close, Burntwood, the nearest station is Shenstone, 5.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Forge Close, Burntwood, 64.5% of property is privately owned outright and 28.2% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 6, Forge Close, Burntwood, 12.7% of residents are recorded as possessing school level qualifications and 30.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 6, Forge Close, Burntwood, the average age was 48.3 and the most common age was 72.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 6, Forge Close, Burntwood, 4.5% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 6, Forge Close, Burntwood, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
