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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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15, Spring Meadows Close, Malvern is recorded publicly as a modern freehold house across 2,712 ft2 of internal area, sitting on a 769 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 15, Spring Meadows Close, Malvern is £812,078 and its rental estimate is £1,798 per month, given the available information and assuming reasonable condition.
Spring Meadows Close, Welland, Malvern, WR13 falls within the WR13 postal district, in the borough of Malvern Hills.
15, Spring Meadows Close, Malvern has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated May 2019.
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 15, Spring Meadows Close, Malvern, we estimate a market value of £852,682 and a rental value of £1,888 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £755,233 and £1,672 per month respectively.
Over the last year, 15, Spring Meadows Close, Malvern has seen its estimated sale value fall by £9,130 (1.1%) and its estimated rental value move up by £53 per month (3.0%). This results in an estimated gross rental yield of 2.7%.
HM Land Registry records the plot of land for 15, Spring Meadows Close, Malvern as measuring 769 m2.
That makes it the 3rd largest plot in the postcode, where 20 of the 30 other houses have recorded plot data.
15, Spring Meadows Close, Malvern has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
The most recent sale of 15, Spring Meadows Close, Malvern completed on 16th March 2021 at £700,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 2.2% over the period since March 2021.
Over the past 2 years 3 properties similar to 15, Spring Meadows Close, Malvern have sold within a radius of 3.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2022, was 30, Spring Meadows Close, Malvern, WR13 6LX, a freehold house which sold for £800,000.
Read more about house prices in WR13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 30 addresses on Spring Meadows Close, Welland, Malvern, WR13, 15, Spring Meadows Close, Malvern comes out as the 5th largest and the 3rd most expensive in our analysis of the public data.
It is also £464k more expensive than the average property across the WR13 district.
From 15, Spring Meadows Close, Malvern, the nearest station is Colwall, 4.9 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 15, Spring Meadows Close, Malvern, % of property is and % is .
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 15, Spring Meadows Close, Malvern, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 15, Spring Meadows Close, Malvern, 0.0% 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 15, Spring Meadows Close, Malvern, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
