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According to the public record, 1, Edward Close, Worcester is a modern apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Edward Close, Worcester is £134,215 and the estimated rental value is £917 per month.
Edward Close, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
1, Edward Close, Worcester has no records in the the Land Registry and a single entry in the EPC database dated February 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Edward Close, Worcester is in very good condition we estimate a sale value of £140,926 and a rental value of £962 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,820 and a rental value of £852 per month.
Over the last 12 months the sale value of 1 Edward Close Worcester has increased by an estimated £786 (0.6%) and its rental value has increased by an estimated £37 per month (4.1%), giving an expected gross yield of 8.2%.
1, Edward Close, Worcester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Edward Close, Worcester within a radius of 490 metres over the last 2 years.
The most recent example is 48, Albert Road, Worcester, WR5 1EB, a leasehold flat which sold for £137,500 on the 17th November 2023.
Read more about house prices in WR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edward Close, Worcester, WR5 has a total of 13 addresses. According to our analysis of all the public data, 1, Edward Close, Worcester is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in WR5.
The closest station to 1, Edward Close, Worcester is Worcester Shrub Hill station which is 800 metres away.
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, Edward Close, Worcester, 43.8% of property is privately owned outright and 36.4% 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 1, Edward Close, Worcester, 21.0% of residents are recorded as possessing school level qualifications and 36.6% 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, Edward Close, Worcester, the average age was 38.6 and the most common age was 27.
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, Edward Close, Worcester, 1.9% 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, Edward Close, Worcester, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.