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According to the public record, Flat 2, 47, Stanley Road, Worcester is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 47, Stanley Road, Worcester is £138,269 and the estimated rental value is £880 per month.
The apartment is within 47, Stanley Road, Worcester, WR5.
Stanley Road, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
Flat 2, 47, Stanley Road, Worcester has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, 47, Stanley Road, Worcester is in very good condition we estimate a sale value of £145,183 and a rental value of £924 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,590 and a rental value of £818 per month.
Over the last 12 months the sale value of Flat 2 47 Stanley Road Worcester has increased by an estimated £810 (0.6%) and its rental value has increased by an estimated £36 per month (4.1%), giving an expected gross yield of 7.6%.
Flat 2, 47, Stanley Road, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 2, 47, Stanley Road, Worcester was last sold on 30th September 2022 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 47, Stanley Road, Worcester within a radius of 510 metres over the last 2 years.
The most recent example is 25, Spring Lane, Worcester, WR5 1AU, a leasehold flat which sold for £110,000 on the 23rd May 2023.
Read more about house prices in WR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanley Road, Worcester, WR5 has a total of 82 addresses. According to our analysis of all the public data, Flat 2, 47, Stanley Road, Worcester is the 69th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in WR5.
The closest station to Flat 2, 47, Stanley Road, Worcester is Worcester Shrub Hill station which is 500 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, 47, Stanley Road, Worcester, 30.1% of property is privately rented and 25.2% 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, 47, Stanley Road, Worcester, 19.5% of residents are recorded as possessing school level qualifications and 33.7% 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 2, 47, Stanley Road, 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 2, 47, Stanley 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, 47, Stanley 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.
