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According to the public record, 7, Raglan Street, Worcester is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Raglan Street, Worcester is £104,527 and the estimated rental value is £667 per month.
The apartment is within 7, Raglan Street, Worcester, WR3.
Raglan Street, Worcester, WR3 is located in the borough of Worcester within the WR3 postal district.
7, Raglan Street, Worcester has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property 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 7, Raglan Street, Worcester is in very good condition we estimate a sale value of £109,753 and a rental value of £700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,210 and a rental value of £620 per month.
Over the last 12 months the sale value of 7 Raglan Street Worcester has increased by an estimated £1,412 (1.4%) and its rental value has increased by an estimated £27 per month (4.0%), giving an expected gross yield of 7.7%.
7, Raglan Street, Worcester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 7, Raglan Street, Worcester was last sold on 31st October 2022 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Raglan Street, Worcester within a radius of 440 metres over the last 2 years.
The most recent example is Flat 1, 10, Ombersley Road, Worcester, WR3 7ET, a leasehold flat which sold for £1,600,000 on the 7th October 2024.
Read more about house prices in WR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raglan Street, Worcester, WR3 has a total of 37 addresses. According to our analysis of all the public data, 7, Raglan Street, Worcester is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in WR3.
The closest station to 7, Raglan Street, Worcester is Worcester Foregate Street 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 7, Raglan Street, Worcester, 34.5% of property is privately rented and 33.8% 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 7, Raglan Street, Worcester, 11.7% 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 7, Raglan Street, 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 7, Raglan Street, Worcester, 0.7% 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 7, Raglan Street, Worcester, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.