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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 31A, Lower Road, Malvern is a modern leasehold apartment with 1,088 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 31A, Lower Road, Malvern is £235,947 and the estimated rental value is £935 per month.
The apartment is within 31, Lower Road, Malvern, WR14.
Lower Road, Malvern, WR14 is located in the borough of Malvern Hills within the WR14 postal district.
31A, Lower Road, Malvern has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated August 2015.
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.
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 31A, Lower Road, Malvern is in very good condition we estimate a sale value of £247,744 and a rental value of £982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,430 and a rental value of £870 per month.
Over the last 12 months the sale value of 31A Lower Road Malvern has decreased by an estimated £1,107 (0.5%) and its rental value has increased by an estimated £45 per month (4.8%), giving an expected gross yield of 4.8%.
31A, Lower Road, Malvern has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 31A, Lower Road, Malvern was last sold on 7th October 2016 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2016, the market for similar properties has dropped 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31A, Lower Road, Malvern within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 98, Cowleigh Road, Malvern, WR14 1QW, a leasehold flat which sold for £637,500 on the 16th June 2021.
Read more about house prices in WR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Road, Malvern, WR14 has a total of 48 addresses. According to our analysis of all the public data, 31A, Lower Road, Malvern is the 24th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in WR14.
The closest station to 31A, Lower Road, Malvern is Malvern Link station which is 2.0 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 31A, Lower Road, Malvern, 33.8% of property is privately owned with a mortgage and 29.3% 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 31A, Lower Road, Malvern, 14.4% of residents are recorded as possessing school level qualifications and 49.3% 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 31A, Lower Road, Malvern, the average age was 43.3 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 31A, Lower Road, Malvern, 0.8% 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 31A, Lower Road, Malvern, 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.
