Flat 16, Parian House
Flat 16, Parian House
Description & Estimates
Flat 16, Parian House, Worcester is recorded publicly as a modern leasehold apartment across 1,097 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 16, Parian House, Worcester is £264,421 and its rental estimate is £1,279 per month, given the available information and assuming reasonable condition.
Parian House, Princes Drive is a residential building on Princes Drive, Worcester, WR1 and falls within the WR1 postal district and the borough of Worcester.
Our Data Sources
Flat 16, Parian House, Worcester has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 16, Parian House, Worcester, we estimate a market value of £277,642 and a rental value of £1,343 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £245,912 and £1,190 per month respectively.
Recent Market Change
Over the last year, Flat 16, Parian House, Worcester has seen its estimated sale value move up by £1,281 (0.5%) and its estimated rental value increase by £31 per month (2.4%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 16, Parian House, Worcester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric underfloor heating.
Sold Prices
The most recent sale of Flat 16, Parian House, Worcester completed on 26th November 2018 at £285,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 10.6% over the period since November 2018.
- Sold Nov 2018£285,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 16, Parian House, Worcester have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was Apartment 8, Rectory Place 4, Wylds Lane, Worcester, WR5 1DA, a leasehold flat which sold for £230,000.
Read more about house prices in WR1.
- Sold Oct 2024£230,000 | 3 Bed FlatApartment 8, Rectory Place 4, Wylds Lane, Worcester, WR5 1DAApartment 8, Rectory Place 4, Wylds Lane, Worcester, WR5 1DA
- Sold Jan 2023£80,500 | 3 Bed FlatFlat 29, Albion Mill, Portland Street, Worcester, WR1 2NYFlat 29, Albion Mill, Portland Street, Worcester, WR1 2NY
- Sold Dec 2021£260,000 | 3 Bed FlatFlat 33, Albion Mill, Portland Street, Worcester, WR1 2NYFlat 33, Albion Mill, Portland Street, Worcester, WR1 2NY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 123 addresses on Princes Drive, Worcester, WR1, Flat 16, Parian House, Worcester comes out as the 5th largest and the 3rd most expensive in our analysis of the public data.
It is also £44k more expensive than the average property across the WR1 district.
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Schools Nearby
- 800mStanley Road Primary School
- 1.0kmCherry Orchard Primary School
- 1.1kmRed Hill CofE Primary School
- 700mBlessed Edward Oldcorne Catholic College
- 1.0kmChristopher Whitehead Language College
- 2.0kmNunnery Wood High School
More reading links
Public Transport Nearby
From Flat 16, Parian House, Worcester, the nearest station is Worcester Foregate Street, 1.0 kilometres away.
- 1.0kmWorcester Foregate Street
- 1.2kmWorcester Shrub Hill
- 5.1kmWorcestershire Parkway
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
