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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, 41, Banks Close, Worcester is a modern house with 796 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Banks Close, Worcester is £368,483 and the estimated rental value is £1,243 per month.
Banks Close, Hallow, Worcester, WR2 is located in the borough of Malvern Hills within the WR2 postal district.
41, Banks Close, Worcester has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 41, Banks Close, Worcester is in very good condition we estimate a sale value of £386,907 and a rental value of £1,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,689 and a rental value of £1,156 per month.
Over the last 12 months the sale value of 41 Banks Close Worcester has increased by an estimated £4,030 (1.1%) and its rental value has increased by an estimated £57 per month (4.6%), giving an expected gross yield of 4%.
41, Banks Close, Worcester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Banks Close, Worcester within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 53, Banks Close, Worcester, WR2 6NE, a freehold house which sold for £812,660 on the 28th March 2024.
Read more about house prices in WR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Banks Close, Hallow, Worcester, WR2 has a total of 59 addresses. According to our analysis of all the public data, 41, Banks Close, Worcester is the 42nd largest and the 36th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in WR2.
The closest station to 41, Banks Close, Worcester is Worcester Foregate Street station which is 4.2 kilometres away.
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 41, Banks Close, Worcester, 41.0% of property is privately owned outright and 27.5% 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 41, Banks Close, Worcester, 20.1% of residents are recorded as possessing school level qualifications and 38.4% 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 41, Banks Close, Worcester, the average age was 46.6 and the most common age was 57.
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 41, Banks 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 41, Banks Close, Worcester, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
