Flat 2, 11
Flat 2, 11
Description & Estimates
The public record describes Flat 2, 11, Richmond Road, Malvern as a period apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 11, Richmond Road, Malvern has an estimated sale value of £139,819 and an estimated rental value of £812 per month, assuming reasonable condition and based on the information available.
The apartment sits within 11, Richmond Road, Malvern, WR14.
Richmond Road, Malvern, WR14 lies in the borough of Malvern Hills, within the WR14 postal district.
Our Data Sources
Flat 2, 11, Richmond Road, Malvern has no records in the the Land Registry and a single entry in the EPC database dated May 2016.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate Flat 2, 11, Richmond Road, Malvern would be worth £146,810, with a potential rental value of £853 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £130,032, with a rental value of £755 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 11, Richmond Road, Malvern has decreased by £961 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £28 (3.5%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
Flat 2, 11, Richmond Road, Malvern has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2016.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of Flat 2, 11, Richmond Road, Malvern across the last 2 years.
Most recently, Flat 3, 19, Richmond Road, Malvern, WR14 1NE, a leasehold flat, sold at £175,000 on the 12th May 2023.
Read more about house prices in WR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, 11, Richmond Road, Malvern as the 39th largest and the 39th most expensive of the 39 addresses on Richmond Road, Malvern, WR14.
Against the WR14 postcode district average, it is £208k less expensive than the typical property.
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Schools Nearby
- 200mSt Matthias Church of England Primary School
- 700mSomers Park Primary School
- 900mGrove Primary School
- 1.1kmDyson Perrins CofE Academy
- 2.9kmThe Chase
- 8.0kmHanley Castle High School
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Public Transport Nearby
Malvern Link station is the nearest stop to Flat 2, 11, Richmond Road, Malvern at 500 metres away.
- 500mMalvern Link
- 2.2kmGreat Malvern
- 6.1kmColwall
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
