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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
Public records show Flat 1, 50, Somers Road, Malvern to be a period leasehold apartment with 1,334 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
Flat 1, 50, Somers Road, Malvern has an estimated sale value of £191,208 and an estimated rental value of £907 per month, assuming reasonable condition and based on the information available.
The apartment sits within 50, Somers Road, Malvern, WR14.
Somers Road, Malvern, WR14 lies in the borough of Malvern Hills, within the WR14 postal district.
Flat 1, 50, Somers Road, Malvern has 2 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated May 2021.
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.
In very good condition, we estimate Flat 1, 50, Somers Road, Malvern would be worth £200,768, with a potential rental value of £952 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £177,823, with a rental value of £844 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 1, 50, Somers Road, Malvern has risen by £544 (0.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £41 (4.5%). The property's estimated gross yield is currently 5.7%.
Flat 1, 50, Somers Road, Malvern has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 2021.
The property is connected to mains gas and has mostly secondary glazing. It is heated using Boiler and radiators, mains gas.
Flat 1, 50, Somers Road, Malvern last changed hands on 4th February 2022, selling for £165,000. 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 55.4% since February 2022.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 600 metres of Flat 1, 50, Somers Road, Malvern across the last 2 years.
Most recently, 62, Albert Park Road, Malvern, WR14 1RH, a leasehold flat, sold at £317,000 on the 6th October 2020.
Read more about house prices in WR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 1, 50, Somers Road, Malvern as the 28th largest and the 32nd most expensive of the 45 addresses on Somers Road, Malvern, WR14.
Against the WR14 postcode district average, it is £157k less expensive than the typical property.
Malvern Link station is the nearest stop to Flat 1, 50, Somers Road, Malvern at 200 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 50, Somers Road, Malvern, 56.9% of property is privately owned outright and 25.6% is privately rented.
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 Flat 1, 50, Somers Road, Malvern, 2.8% of residents are recorded as possessing school level qualifications and 34.7% 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 Flat 1, 50, Somers Road, Malvern, the average age was 47.8 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 Flat 1, 50, Somers Road, Malvern, 1.1% 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 Flat 1, 50, Somers Road, Malvern, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
