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According to the public record, Flat 1, Park Works 98, Studley is a modern leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Park Works 98, Studley is £132,270 and the estimated rental value is £721 per month.
The apartment is within Park Works, Alcester Road, Studley, B80.
Alcester Road, Studley, B80 is located in the borough of Stratford-on-Avon within the B80 postal district.
Flat 1, Park Works 98, Studley has 21 entries in the Land Registry , most recently in March 2014 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property 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 Flat 1, Park Works 98, Studley is in very good condition we estimate a sale value of £138,883 and a rental value of £757 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,011 and a rental value of £670 per month.
Over the last 12 months the sale value of Flat 1 Park Works 98 Studley has increased by an estimated £1,094 (0.8%) and its rental value has increased by an estimated £20 per month (2.8%), giving an expected gross yield of 6.5%.
Flat 1, Park Works 98, Studley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 1, Park Works 98, Studley was last sold on 7th March 2014 for £92,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2014, the market for similar properties has risen 49.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 770 metres radius of Flat 1, Park Works 98, Studley over the last 2 years.
The most recent example is 3, Charlton Place, Studley, B80 7FR, a leasehold house which sold for £170,000 on the 5th August 2022.
Read more about house prices in B80.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alcester Road, Studley, B80 has a total of 226 addresses. According to our analysis of all the public data, Flat 1, Park Works 98, Studley is the 225th largest and the 223rd most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in B80.
The closest station to Flat 1, Park Works 98, Studley is Redditch station which is 5.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Flat 1, Park Works 98, Studley, 37.1% of property is privately owned with a mortgage and 30.5% 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 Flat 1, Park Works 98, Studley, 18.4% of residents are recorded as possessing school level qualifications and 30.9% 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 Flat 1, Park Works 98, Studley, the average age was 44.7 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 Flat 1, Park Works 98, Studley, 0.9% 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, Park Works 98, Studley, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.