Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 246 Road, Worcester is a modern freehold house with 1,851 ft2 of internal area and sits on a 350 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 246 Road, Worcester is £520,641 and the estimated rental value is £1,731 per month.
London Road, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
246 Road, Worcester has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated January 2016.
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 246 Road, Worcester is in very good condition we estimate a sale value of £546,673 and a rental value of £1,817 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,196 and a rental value of £1,610 per month.
Over the past 12 months, the estimated sale value of 246 Road, Worcester has climbed by £3,617 (0.7%), while its estimated rental value has risen by £75 per month (4.3%). Based on current estimates, the property offers a gross rental yield of 4.0%.
According to data from HM Land Registry, 246 Road, Worcester sits on a plot of 350 m2.
We have plot size data on 9 out of 9 other houses in the postcode and 246 Road, Worcester sits on the 5th largest plot.
246 Road, Worcester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler & underfloor, mains gas.
According to HM Land Registry, 246 Road, Worcester was last sold on 26th October 2016 for £403,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2016, the market for similar properties has risen by 24.2%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 246 Road, Worcester within a radius of 760 metres over the last 2 years.
The most recent example is 242, London Road, Worcester, WR5 2JJ, a freehold house which sold for £450,000 on the 31st March 2021.
Read more about house prices in WR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Worcester, WR5 has a total of 241 addresses. According to our analysis of all the public data, 246 Road, Worcester is the 26th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £214k more expensive than the average property in WR5.
The closest station to 246 Road, Worcester is Worcester Shrub Hill station, which is 1.8 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 246 Road, Worcester, 46.8% of property is privately owned outright and 38.1% 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 246 Road, Worcester, 33.8% of residents are recorded as possessing school level qualifications and 44.7% 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 246 Road, Worcester, the average age was 41.4 and the most common age was 27.
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 246 Road, Worcester, 1.0% 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 246 Road, Worcester, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
