Flat 2, 3
Flat 2, 3
Description & Estimates
Flat 2, 3, Lorne Street, Kidderminster is described in the public record as a modern apartment with 355 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 3, Lorne Street, Kidderminster is £60,333 and its rental estimate is £391 per month, given the available information and assuming reasonable condition.
3, Lorne Street is a residential building on Lorne Street, Kidderminster, DY10 and falls within the DY10 postal district and the borough of Wyre Forest.
Our Data Sources
Flat 2, 3, Lorne Street, Kidderminster has no records in the the Land Registry and a single entry in the EPC database dated September 2021.
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
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, 3, Lorne Street, Kidderminster, we estimate a market value of £63,350 and a rental value of £411 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £56,110 and £364 per month respectively.
Recent Market Change
Over the last year, Flat 2, 3, Lorne Street, Kidderminster has seen its estimated sale value move down by £1,593 (2.6%) and its estimated rental value increase by £9 per month (2.4%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
Flat 2, 3, Lorne Street, Kidderminster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Sep 2021.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 2, 3, Lorne Street, Kidderminster has sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th March 2022, was Flat 6, 3, Lorne Street, Kidderminster, DY10 1SY, a leasehold flat which sold for £67,000.
Read more about house prices in DY10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 144 addresses on Lorne Street, Kidderminster, DY10, Flat 2, 3, Lorne Street, Kidderminster comes out as the 127th largest and the 129th most expensive in our analysis of the public data.
It is also £207k less expensive than the average property across the DY10 district.
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Schools Nearby
- 500mSt Ambrose Catholic Primary
- 800mSt George's CofE School
- 900mComberton Primary School
- 300mKing Charles I School
- 2.4kmBaxter College
- 3.7kmWolverley CofE Secondary School
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Public Transport Nearby
From Flat 2, 3, Lorne Street, Kidderminster, the nearest station is Kidderminster, 300 metres away.
- 300mKidderminster
- 4.7kmBlakedown
- 5.8kmHartlebury
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
