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According to the public record, 3, Rainbow Hill Terrace, Worcester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,411 ft2 of internal area and sits on a 176 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Rainbow Hill Terrace, Worcester is £733,023 and the estimated rental value is £2,286 per month.
Rainbow Hill Terrace, Worcester, WR3 is located in the borough of Worcester within the WR3 postal district.
3, Rainbow Hill Terrace, Worcester has 31 entries in the Land Registry , most recently in February 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, Rainbow Hill Terrace, Worcester is in very good condition we estimate a sale value of £769,674 and a rental value of £2,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £681,711 and a rental value of £2,126 per month.
Over the last 12 months the sale value of 3 Rainbow Hill Terrace Worcester has decreased by an estimated £7,516 (1.0%) and its rental value has increased by an estimated £56 per month (2.4%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 3, Rainbow Hill Terrace, Worcester sits on a plot of 176m2.
We have plot size data on 9 out of 11 other houses in the postcode and 3, Rainbow Hill Terrace, Worcester sits on the 7th largest plot.
According to HM Land Registry, 3, Rainbow Hill Terrace, Worcester was last sold on 11th February 2020 for £532,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2020, the market for similar properties has risen 28.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Rainbow Hill Terrace, Worcester within a radius of 510 metres over the last 2 years.
The most recent example is 5, Rainbow Hill Terrace, Worcester, WR3 8NG, a freehold house which sold for £805,000 on the 22nd June 2022.
Read more about house prices in WR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Hill Terrace, Worcester, WR3 has a total of 11 addresses. According to our analysis of all the public data, 3, Rainbow Hill Terrace, Worcester is the 10th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £459k more expensive than the average property in WR3.
The closest station to 3, Rainbow Hill Terrace, Worcester is Worcester Shrub Hill station which is 500 metres 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 3, Rainbow Hill Terrace, Worcester, 38.1% of property is privately owned outright and 28.6% 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 3, Rainbow Hill Terrace, Worcester, 13.9% of residents are recorded as possessing school level qualifications and 36.5% 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 3, Rainbow Hill Terrace, Worcester, the average age was 41.7 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 3, Rainbow Hill Terrace, Worcester, 0.8% 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 3, Rainbow Hill Terrace, Worcester, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
