2, Old Bank Close
2, Old Bank Close
Description & Estimates
According to the public record, 2, Old Bank Close, Worcester is a modern freehold house with 1,872 ft2 of internal area and sits on a 446 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Old Bank Close, Worcester is £518,443 and the estimated rental value is £1,773 per month.
Old Bank Close, Bransford, Worcester, WR6 is located in the borough of Malvern Hills within the WR6 postal district.
Our Data Sources
2, Old Bank Close, Worcester has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Old Bank Close, Worcester is in very good condition we estimate a sale value of £544,365 and a rental value of £1,861 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £482,152 and a rental value of £1,648 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Old Bank Close, Worcester has fallen by £2,621 (0.5%), while its estimated rental value has moved up by £76 per month (4.3%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, 2, Old Bank Close, Worcester sits on a plot of 446 m2.
We have plot size data on 16 out of 21 other houses in the postcode and 2, Old Bank Close, Worcester sits on the largest plot.
Energy Efficiency
2, Old Bank Close, Worcester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
Sold Prices
According to HM Land Registry, 2, Old Bank Close, Worcester was last sold on 23rd September 2019 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2019, the market for similar properties has risen by 21.4%.
- Sold Sep 2019£460,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Old Bank Close, Worcester within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 6, Old Bank Close, Worcester, WR6 5DD, a freehold house which sold for £450,000 on the 20th December 2019.
Read more about house prices in WR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Old Bank Close, Bransford, Worcester, WR6 has a total of 21 addresses. According to our analysis of all the public data, 2, Old Bank Close, Worcester is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in WR6.
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Schools Nearby
- 2.1kmLeigh and Bransford Primary School
- 2.7kmRushwick CofE Primary School
- 3.1kmPowick CofE Primary School
- 4.7kmChristopher Whitehead Language College
- 4.8kmDyson Perrins CofE Academy
- 6.0kmBlessed Edward Oldcorne Catholic College
More reading links
Public Transport Nearby
The closest station to 2, Old Bank Close, Worcester is Malvern Link station, which is 5.3 kilometres away.
- 5.3kmMalvern Link
- 5.8kmWorcester Foregate Street
- 6.5kmWorcester Shrub Hill
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
