48, Elgar Avenue
48, Elgar Avenue
Description & Estimates
Public records show 48, Elgar Avenue, Malvern to be a mid-century leasehold apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
48, Elgar Avenue, Malvern has an estimated sale value of £91,533 and an estimated rental value of £555 per month, assuming reasonable condition and based on the information available.
Elgar Avenue, Malvern, WR14 lies in the borough of Malvern Hills, within the WR14 postal district.
Our Data Sources
48, Elgar Avenue, Malvern has 2 entries in the Land Registry , most recently in November 2013 and a single entry in the EPC database dated February 2009.
We combine this information with that 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
In very good condition, we estimate 48, Elgar Avenue, Malvern would be worth £96,109, with a potential rental value of £583 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £85,125, with a rental value of £516 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 48, Elgar Avenue, Malvern has fallen by £629 (0.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £19 (3.5%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
48, Elgar Avenue, Malvern has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Feb 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
Sold Prices
48, Elgar Avenue, Malvern last changed hands on 29th November 2013, selling for £66,687. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 148.8% since November 2013.
- Sold Nov 2013£66,687
- Sold Jun 2007£73,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 670 metres of 48, Elgar Avenue, Malvern across the last 2 years.
Most recently, 224, Elgar Avenue, Malvern, WR14 2HB, a leasehold flat, sold at £63,500 on the 7th April 2010.
Read more about house prices in WR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 48, Elgar Avenue, Malvern as the 188th largest and the 202nd most expensive of the 253 addresses on Elgar Avenue, Malvern, WR14.
Against the WR14 postcode district average, it is £257k less expensive than the typical property.
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Schools Nearby
- 700mGreat Malvern Primary School
- 1.0kmGrove Primary School
- 1.4kmMalvern Parish CofE Primary School
- 1.6kmThe Chase
- 2.6kmDyson Perrins CofE Academy
- 6.4kmHanley Castle High School
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Public Transport Nearby
Great Malvern station is the nearest stop to 48, Elgar Avenue, Malvern at 1.3 kilometres away.
- 1.3kmGreat Malvern
- 1.6kmMalvern Link
- 5.5kmColwall
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
