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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, 8, Chelmsford Drive, Worcester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 521 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 8, Chelmsford Drive, Worcester is £93,874 and the estimated rental value is £701 per month.
Chelmsford Drive, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
8, Chelmsford Drive, Worcester has 41 entries in the Land Registry , most recently in May 2017 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 2 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 8, Chelmsford Drive, Worcester is in very good condition we estimate a sale value of £98,568 and a rental value of £736 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,303 and a rental value of £652 per month.
Over the last 12 months the sale value of 8 Chelmsford Drive Worcester has increased by an estimated £54 (0.1%) and its rental value has increased by an estimated £25 per month (3.5%), giving an expected gross yield of 9%.
According to HM Land Registry, 8, Chelmsford Drive, Worcester was last sold on 31st May 2017 for £104,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2017, the market for similar properties has risen 60.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chelmsford Drive, Worcester within a radius of 740 metres over the last 2 years.
The most recent example is 14, Chelmsford Drive, Worcester, WR5 1QX, a leasehold flat which sold for £90,000 on the 16th August 2024.
Read more about house prices in WR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelmsford Drive, Worcester, WR5 has a total of 122 addresses. According to our analysis of all the public data, 8, Chelmsford Drive, Worcester is the 73rd largest and the 118th most expensive property on the street.
When compared to the postcode district it is £213k less expensive than the average property in WR5.
The closest station to 8, Chelmsford Drive, Worcester is Worcester Shrub Hill station which is 1.5 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 8, Chelmsford Drive, Worcester, 40.2% of property is privately owned with a mortgage and 30.3% is privately owned outright.
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 8, Chelmsford Drive, Worcester, 17.8% of residents are recorded as possessing school level qualifications and 34.9% 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 8, Chelmsford Drive, Worcester, the average age was 37.8 and the most common age was 32.
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 8, Chelmsford Drive, Worcester, 0.0% 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 8, Chelmsford Drive, Worcester, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
