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1 Lygon Bank is a residential building situated on Lygon Bank, Malvern, WR14 with 2 addresses.
It ranks as the 6th largest and 314th most expensive of the 617 buildings in the WR14 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
1 Lygon Bank is a residential building situated on Lygon Bank, Malvern, WR14 with 2 addresses.
It ranks as the 6th largest and 314th most expensive of the 617 buildings in the WR14 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £171,877 for 2 bedroom leasehold flats with a garden (548 ft2) to £272,839 for 3 bedroom leasehold flats (1,367 ft2) .
Monthly rental prices range from £848 pcm for 2 bed flats to £1,061 pcm for 3 bed flats.
The gross rental yield is between 4.7% and 5.9%.
The average value per square foot is £256.
The last sale in 1 Lygon Bank sold for £275,000 on 31st May 2022. Since then prices are up an average of 32.5%.
The current average value in the building is £222,358.
The 1 Lygon Bank Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.2% | £222,358 |
| May 2025 | -1.6% | £222,708 |
| May 2024 | 1% | £226,326 |
| May 2023 | 1.7% | £223,984 |
| May 2022 | 5.8% | £220,177 |
| May 2021 | 6.5% | £208,060 |
| May 2020 | 2.2% | £195,408 |
| May 2019 | 0.4% | £191,294 |
| May 2018 | 2.9% | £190,509 |
| May 2017 | 1% | £185,108 |
| May 2016 | 3.7% | £183,260 |
| May 2015 | 5.6% | £176,714 |
| May 2014 | 2.3% | £167,272 |
| May 2013 | 2.3% | £163,568 |
| May 2012 | -0.4% | £159,947 |
| May 2011 | -2.3% | £160,624 |
| May 2010 | 2.2% | £164,416 |
| May 2009 | -12.7% | £160,809 |
| May 2008 | -3.7% | £184,151 |
| May 2007 | 0% | £191,213 |
The current average rental value in the building is £954.
The 1 Lygon Bank Rental Market has increased by 36.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4% | £954pcm |
| May 2025 | 3.7% | £917pcm |
| May 2024 | 7.7% | £885pcm |
| May 2023 | 6.2% | £822pcm |
| May 2022 | 9.1% | £773pcm |
| May 2021 | 2.5% | £709pcm |
| May 2020 | 0.2% | £692pcm |
| May 2019 | -0.6% | £690pcm |
| May 2018 | -0.7% | £695pcm |
| May 2017 | 0% | £699pcm |
| May 2016 | 1.2% | £699pcm |
| May 2015 | 3.6% | £691pcm |
| May 2014 | 1.7% | £666pcm |
| May 2013 | 0.1% | £655pcm |
| May 2012 | -0.3% | £655pcm |
| May 2011 | 0.2% | £656pcm |
| May 2010 | 1.1% | £655pcm |
| May 2009 | -7.4% | £648pcm |
| May 2008 | 4.5% | £699pcm |
| May 2007 | 0% | £670pcm |
The last sale was on 31st May 2022 for £275,000 and since then the market in the area has increased by 32.5%. The building has had a total of 6 sales since 1995.
1, Lygon Bank, Malvern, WR14 2JF has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 1, Lygon Bank, Malvern, WR14 2JF is Malvern Link station which is 900 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Lygon Bank, Malvern, WR14 2JF, 50.6% of property is privately owned outright and 29.3% is privately rented.
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 1, Lygon Bank, Malvern, WR14 2JF, 13.0% of residents are recorded as possessing school level qualifications and 59.9% 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 1, Lygon Bank, Malvern, WR14 2JF, the average age was 49.3 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 1, Lygon Bank, Malvern, WR14 2JF, 2.2% 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 1, Lygon Bank, Malvern, WR14 2JF, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.