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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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According to the public record, 2, Algol Way, Malvern is a modern freehold house with 1,194 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Algol Way, Malvern is £409,170 and the estimated rental value is £1,268 per month.
Algol Way, Malvern, WR14 is located in the borough of Malvern Hills within the WR14 postal district.
2, Algol Way, Malvern has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 2, Algol Way, Malvern is in very good condition we estimate a sale value of £429,629 and a rental value of £1,331 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,528 and a rental value of £1,179 per month.
Over the last 12 months the sale value of 2 Algol Way Malvern has decreased by an estimated £3,728 (0.9%) and its rental value has increased by an estimated £52 per month (4.1%), giving an expected gross yield of 3.7%.
2, Algol Way, Malvern has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Algol Way, Malvern was last sold on 29th September 2023 for £435,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Algol Way, Malvern within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 7, Ryle Way, Malvern, WR14 3RW, a freehold house which sold for £435,000 on the 28th June 2024.
Read more about house prices in WR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Algol Way, Malvern, WR14 has a total of 5 addresses. According to our analysis of all the public data, 2, Algol Way, Malvern is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in WR14.
The closest station to 2, Algol Way, Malvern is Great Malvern station which is 1.1 kilometres away.
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 2, Algol Way, Malvern, 68.2% of property is privately owned outright and 19.3% 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 2, Algol Way, Malvern, 4.4% of residents are recorded as possessing school level qualifications and 49.2% 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 2, Algol Way, Malvern, the average age was 49.2 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 2, Algol Way, 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 2, Algol Way, Malvern, 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.
