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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 4, Lancing Close, Worcester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 845 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Lancing Close, Worcester is £331,615 and the estimated rental value is £1,242 per month.
Lancing Close, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
4, Lancing Close, Worcester has a single entry in the Land Registry from May 2007 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 3 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 4, Lancing Close, Worcester is in very good condition we estimate a sale value of £348,195 and a rental value of £1,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,402 and a rental value of £1,155 per month.
Over the last 12 months the sale value of 4 Lancing Close Worcester has increased by an estimated £1,635 (0.5%) and its rental value has increased by an estimated £53 per month (4.3%), giving an expected gross yield of 4.5%.
According to HM Land Registry, 4, Lancing Close, Worcester was last sold on 24th May 2007 for £197,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 54.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Lancing Close, Worcester within a radius of 630 metres over the last 2 years.
The most recent example is 14, Lancing Close, Worcester, WR5 2HT, a freehold house which sold for £370,000 on the 7th October 2022.
Read more about house prices in WR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancing Close, Worcester, WR5 has a total of 11 addresses. According to our analysis of all the public data, 4, Lancing Close, Worcester is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in WR5.
The closest station to 4, Lancing Close, Worcester is Worcester Shrub Hill station which is 1.4 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 4, Lancing Close, Worcester, 45.2% of property is privately owned outright and 31.5% 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 4, Lancing Close, Worcester, 14.3% of residents are recorded as possessing school level qualifications and 43.7% 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 4, Lancing Close, 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 4, Lancing Close, Worcester, 1.3% 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 4, Lancing Close, Worcester, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
