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According to the public record, 2, Oakmont Drive, Worcester is a modern freehold house with 1,959 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Oakmont Drive, Worcester is £579,230 and the estimated rental value is £1,804 per month.
Oakmont Drive, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
2, Oakmont Drive, Worcester has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated June 2020.
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 2, Oakmont Drive, Worcester is in very good condition we estimate a sale value of £608,191 and a rental value of £1,894 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,683 and a rental value of £1,677 per month.
Over the last 12 months the sale value of 2 Oakmont Drive Worcester has decreased by an estimated £4,476 (0.8%) and its rental value has increased by an estimated £55 per month (3.1%), giving an expected gross yield of 3.7%.
2, Oakmont Drive, Worcester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jun 2020.
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, Oakmont Drive, Worcester was last sold on 15th October 2020 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen 29.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oakmont Drive, Worcester within a radius of 660 metres over the last 2 years.
The most recent example is 4, Oakmont Drive, Worcester, WR5 1PS, a freehold house which sold for £550,000 on the 26th November 2021.
Read more about house prices in WR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakmont Drive, Worcester, WR5 has a total of 20 addresses. According to our analysis of all the public data, 2, Oakmont Drive, Worcester is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £274k more expensive than the average property in WR5.
The closest station to 2, Oakmont Drive, Worcester is Worcester Shrub Hill station which is 1.7 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, Oakmont Drive, Worcester, 40.7% of property is privately owned outright and 39.5% 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, Oakmont Drive, Worcester, 17.4% of residents are recorded as possessing school level qualifications and 41.4% 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, Oakmont Drive, Worcester, the average age was 39 and the most common age was 52.
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, Oakmont Drive, Worcester, 0.5% 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, Oakmont Drive, Worcester, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
