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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, Flat 1A, 2, Park Street, Worcester is a period apartment with 236 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1A, 2, Park Street, Worcester is £76,050 and the estimated rental value is £597 per month.
The apartment is within 2, Park Street, Worcester, WR5.
Park Street, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
Flat 1A, 2, Park Street, Worcester has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data 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 Flat 1A, 2, Park Street, Worcester is in very good condition we estimate a sale value of £79,852 and a rental value of £626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,726 and a rental value of £555 per month.
Over the last 12 months the sale value of Flat 1A 2 Park Street Worcester has increased by an estimated £387 (0.5%) and its rental value has increased by an estimated £25 per month (4.1%), giving an expected gross yield of 9.4%.
Flat 1A, 2, Park Street, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Aug 2020.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1A, 2, Park Street, Worcester within a radius of 440 metres over the last 2 years.
The most recent example is Flat 37, 19, New Street, Worcester, WR1 2DP, a leasehold flat which sold for £57,000 on the 6th April 2011.
Read more about house prices in WR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Street, Worcester, WR5 has a total of 58 addresses. According to our analysis of all the public data, Flat 1A, 2, Park Street, Worcester is the 58th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £231k less expensive than the average property in WR5.
The closest station to Flat 1A, 2, Park Street, Worcester is Worcester Shrub Hill station which is 700 metres 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 Flat 1A, 2, Park Street, Worcester, 48.8% of property is privately rented and 26.4% is privately owned with a mortgage.
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 1A, 2, Park Street, Worcester, 17.8% of residents are recorded as possessing school level qualifications and 41.7% 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 1A, 2, Park Street, Worcester, the average age was 38.6 and the most common age was 27.
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 1A, 2, Park Street, 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 Flat 1A, 2, Park Street, Worcester, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
