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According to the public record, Flat 2, 2, Mayfield Road, Worcester is a period leasehold apartment with 409 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 2, 2, Mayfield Road, Worcester is £112,939 and the estimated rental value is £656 per month.
The apartment is within 2, Mayfield Road, Worcester, WR3.
Mayfield Road, Worcester, WR3 is located in the borough of Worcester within the WR3 postal district.
Flat 2, 2, Mayfield Road, Worcester has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated October 2020.
We combine this information with that 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 2, 2, Mayfield Road, Worcester is in very good condition we estimate a sale value of £118,586 and a rental value of £689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,033 and a rental value of £610 per month.
Over the last 12 months the sale value of Flat 2 2 Mayfield Road Worcester has increased by an estimated £1,256 (1.1%) and its rental value has increased by an estimated £26 per month (4.0%), giving an expected gross yield of 7%.
Flat 2, 2, Mayfield Road, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Oct 2020.
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 2, 2, Mayfield Road, Worcester was last sold on 26th August 2022 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Mayfield Road, Worcester within a radius of 530 metres over the last 2 years.
The most recent example is Flat 2, Burbury House 68, Mayfield Road, Worcester, WR3 8NS, a leasehold flat which sold for £125,000 on the 20th April 2023.
Read more about house prices in WR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mayfield Road, Worcester, WR3 has a total of 142 addresses. According to our analysis of all the public data, Flat 2, 2, Mayfield Road, Worcester is the 139th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in WR3.
The closest station to Flat 2, 2, Mayfield Road, Worcester is Worcester Shrub Hill station which is 900 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 2, 2, Mayfield Road, Worcester, 44.2% of property is privately rented and 33.3% 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 2, 2, Mayfield Road, Worcester, 13.6% of residents are recorded as possessing school level qualifications and 33.9% 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, 2, Mayfield Road, Worcester, the average age was 41.7 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 2, 2, Mayfield Road, 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 2, 2, Mayfield Road, Worcester, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
