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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Seggs Lane, Alcester is £122,630 and the estimated rental value is £661 per month.
Seggs Lane, Alcester, B49 is located in the borough of Stratford-on-Avon within the B49 postal district.
16, Seggs Lane, Alcester has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Seggs Lane, Alcester is in very good condition we estimate a sale value of £128,762 and a rental value of £694 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,046 and a rental value of £615 per month.
Over the last 12 months the sale value of 16 Seggs Lane Alcester has increased by an estimated £1,071 (0.9%) and its rental value has increased by an estimated £13 per month (2.0%), giving an expected gross yield of 6.5%.
16, Seggs Lane, Alcester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Seggs Lane, Alcester was last sold on 24th November 2021 for £115,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Seggs Lane, Alcester within a radius of 880 metres over the last 2 years.
The most recent example is Flat 32, Malin Court, School Road, Alcester, B49 5DJ, a leasehold flat which sold for £82,000 on the 15th August 2023.
Read more about house prices in B49.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seggs Lane, Alcester, B49 has a total of 28 addresses. According to our analysis of all the public data, 16, Seggs Lane, Alcester is the 22nd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £259k less expensive than the average property in B49.
The closest station to 16, Seggs Lane, Alcester is Wilmcote station which is 8.1 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Seggs Lane, Alcester, 53.0% of property is privately owned outright and 29.9% 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 16, Seggs Lane, Alcester, 9.5% of residents are recorded as possessing school level qualifications and 33.7% 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, Seggs Lane, Alcester, the average age was 47.4 and the most common age was 57.
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, Seggs Lane, Alcester, 0.7% 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, Seggs Lane, Alcester, 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.