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Property Prices on Forge Bank, HR8 - Full Market Breakdown
Learn how home sales on Forge Bank in the HR8 district in Ledbury compare with trends across Ledbury.
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Associated Postcodes:
HR8 1PS, HR8 1QU
How much are properties expected to cost on Forge Bank?
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House Prices > Ledbury > HR8 > Forge Bank
Price Trends Along the Road
Snapshot Stats of Property Prices in Forge Bank
- Since 2021, Forge Bank has had 5 properties sell, with the average price around £250,400. Homes tend to measure around 765 square feet, costing £227 per square foot.
- On Forge Bank, homes have marched from £200,000 to £351,000, with square foot rates striding along £201 to £279.
- The latest house shuffle on Forge Bank happened in February 2023.
How This Road Compares Locally
Forge Bank Property Prices vs Surrounding Areas
By Locality
Bosbury
The price gap between Bosbury and Forge Bank stands at 91%. (£477,900 vs £250,400) Factoring this in, a similar property on Forge Bank could leave you approximately £227,600 better off than Bosbury.
By Sector
HR8 1
Forge Bank's average property price is 34% lower than the HR8 1 sector's average. (£336,400 vs £250,400). From this perspective, buyers eyeing Forge Bank could pocket a saving close to £86,100.
By District
i.e. HR8
Homes in the HR8 district cost on average 13% more than similar properties on Forge Bank. (£284,000 vs £250,400). A home of similar value and specification on Forge Bank could be priced around £33,700 less than one elsewhere in the same district.
By City or Town
i.e. Ledbury
All things equal, buying in Ledbury demands a 14% larger investment than Forge Bank. (£285,000 vs £250,400). This points to a home in Ledbury potentially costing £34,700 more than a similar one on Forge Bank.
Beyond the Basics of This Road
Must-Know Useful Facts About Forge Bank
- 58 properties define this street, with 2 postcodes associated.
- Homes on Forge Bank are all previously owned, with no new-builds.
- Residential energy performance on Forge Bank averages 80 (C), while potential upgrades could yield 90 (B).
- Floor plans on Forge Bank tend to average 765 square feet, offering 45% more space than homes across Ledbury.
- Buyers circulate more quickly here, with turnover occurring in 17 months, beating the 9.8 months local average.
Sector Secrets Shared
Quick Guides to Ledbury Property Trends
There’s not a great deal written about house values or sales speed in Ledbury – so we decided to do something about that.
For full transparency, our Property Prices in Ledbury section includes yearly figures, district comparisons, and home type insights.
District Destinations to Love
HR8 Area Overview
The HR8 postcode has seen a few curious sales patterns – key data awaits below.
204
No. of Roads
1,791
No. of Transactions
£300K
Avg. Property Price
1,117
per sq/ft
Avg. Property Size
£284
per sq/ft
Avg. Cost Per Sq/Ft
Nearby Roads of Note
Roads Worth Checking Out
Popular Roads in HR8
HR8 Roads with Similar Prices
- Churchill Meadow
- Homend
- Winston Close
- Bronte Drive
- Thomas Close
- Oatleys Terrace
Roads Near Forge Bank
- Bell Lane
- Woodend Street
- Dyke House Lane
- Sandfield
- Lane From A417 To Peppermill
- Albright Lane
