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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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Flat 2, 19, Richmond Road, Malvern is recorded publicly as a period leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 19, Richmond Road, Malvern is £141,236 and its rental estimate is £817 per month, given the available information and assuming reasonable condition.
19, Richmond Road is a residential building on Richmond Road, Malvern, WR14 and falls within the WR14 postal district and the borough of Malvern Hills.
Flat 2, 19, Richmond Road, Malvern has 21 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated August 2017.
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.
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 2, 19, Richmond Road, Malvern, we estimate a market value of £148,297 and a rental value of £858 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £131,349 and £760 per month respectively.
Over the last year, Flat 2, 19, Richmond Road, Malvern has seen its estimated sale value decrease by £971 (0.7%) and its estimated rental value grow by £29 per month (3.5%). This results in an estimated gross rental yield of 6.9%.
Flat 2, 19, Richmond Road, Malvern has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 2, 19, Richmond Road, Malvern completed on 16th May 2019 at £113,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 59.1% over the period since May 2019.
Over the past 2 years 3 properties similar to Flat 2, 19, Richmond Road, Malvern have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th May 2023, was Flat 3, 19, Richmond Road, Malvern, WR14 1NE, a leasehold flat which sold for £175,000.
Read more about house prices in WR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 39 addresses on Richmond Road, Malvern, WR14, Flat 2, 19, Richmond Road, Malvern comes out as the 36th largest and the 36th most expensive in our analysis of the public data.
It is also £207k less expensive than the average property across the WR14 district.
From Flat 2, 19, Richmond Road, Malvern, the nearest station is Malvern Link, 500 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 19, Richmond Road, Malvern, 42.7% of property is privately owned outright and 31.3% 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 2, 19, Richmond Road, Malvern, 11.0% of residents are recorded as possessing school level qualifications and 29.9% 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 2, 19, Richmond 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 2, 19, Richmond Road, Malvern, 0.5% 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 2, 19, Richmond Road, Malvern, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
