2 The Laurels, Worcester
2 The Laurels, Worcester
Description & Estimates
2 The Laurels, Worcester is described in the public record as a modern apartment with 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 2 The Laurels, Worcester is £81,245 and its rental estimate is £549 per month, given the available information and assuming reasonable condition.
The Laurels, Barker Street is a residential building on Barker Street, Worcester, WR3 and falls within the WR3 postal district and the borough of Worcester.
Our Data Sources
2 The Laurels, Worcester has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 The Laurels, Worcester, we estimate a market value of £85,307 and a rental value of £577 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £75,558 and £511 per month respectively.
Recent Market Change
Over the last year, 2 The Laurels, Worcester has seen its estimated sale value move down by £145 (0.2%) and its estimated rental value increase by £19 per month (3.4%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
2 The Laurels, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 2 The Laurels, Worcester has sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st November 2013, was 17B, Astwood Road, Worcester, WR3 8ER, a leasehold flat which sold for £50,000.
Read more about house prices in WR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 8 addresses on Barker Street, Worcester, WR3, 2 The Laurels, Worcester comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £193k less expensive than the average property across the WR3 district.
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Schools Nearby
- 200mSt Barnabas CofE Primary School
- 900mHollymount School
- 900mSt George's CofE Primary School
- 400mBishop Perowne CofE College
- 1.0kmTudor Grange Academy Worcester
- 2.5kmChristopher Whitehead Language College
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Public Transport Nearby
From 2 The Laurels, Worcester, the nearest station is Worcester Shrub Hill, 1.1 kilometres away.
- 1.1kmWorcester Shrub Hill
- 1.3kmWorcester Foregate Street
- 6.4kmWorcestershire Parkway
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
