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According to the public record, 16, Charter Place, Worcester is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 991 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Charter Place, Worcester is £215,096 and the estimated rental value is £1,054 per month.
Charter Place, Worcester, WR1 is located in the borough of Worcester within the WR1 postal district.
16, Charter Place, Worcester has 31 entries in the Land Registry , most recently in April 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 16, Charter Place, Worcester is in very good condition we estimate a sale value of £225,851 and a rental value of £1,107 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,039 and a rental value of £980 per month.
Over the last 12 months the sale value of 16 Charter Place Worcester has increased by an estimated £4,883 (2.3%) and its rental value has increased by an estimated £46 per month (4.4%), giving an expected gross yield of 5.9%.
According to HM Land Registry, 16, Charter Place, Worcester was last sold on 20th April 2012 for £218,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2012, the market for similar properties has risen 24.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Charter Place, Worcester within a radius of 500 metres over the last 2 years.
The most recent example is Apartment 3, Vinegar House 39, Foregate Street, Worcester, WR1 1DJ, a leasehold flat which sold for £138,500 on the 8th December 2023.
Read more about house prices in WR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charter Place, Worcester, WR1 has a total of 36 addresses. According to our analysis of all the public data, 16, Charter Place, Worcester is the 20th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in WR1.
The closest station to 16, Charter Place, Worcester is Worcester Foregate Street station which is 400 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 16, Charter Place, Worcester, 33.1% of property is privately rented and 30.7% is privately owned outright.
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 16, Charter Place, Worcester, 7.9% of residents are recorded as possessing school level qualifications and 43.6% 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 16, Charter Place, Worcester, the average age was 40.2 and the most common age was 22.
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 16, Charter Place, Worcester, 1.4% 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 16, Charter Place, Worcester, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.