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According to the public record, Flat 2, 57, Gresham Road, Worcester is a modern apartment with 602 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, 57, Gresham Road, Worcester is £96,614 and the estimated rental value is £622 per month.
The apartment is within 57, Gresham Road, Worcester, WR2.
Gresham Road, Worcester, WR2 is located in the borough of Worcester within the WR2 postal district.
Flat 2, 57, Gresham Road, Worcester has no records in the the Land Registry and a single entry in the EPC database dated September 2024.
We combine this information with public data 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, 57, Gresham Road, Worcester is in very good condition we estimate a sale value of £101,445 and a rental value of £653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,851 and a rental value of £578 per month.
Over the last 12 months the sale value of Flat 2 57 Gresham Road Worcester has increased by an estimated £535 (0.6%) and its rental value has increased by an estimated £24 per month (3.9%), giving an expected gross yield of 7.7%.
Flat 2, 57, Gresham Road, Worcester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 600 metres radius of Flat 2, 57, Gresham Road, Worcester over the last 2 years.
The most recent example is 54, Gresham Road, Worcester, WR2 5QR, a leasehold flat which sold for £150,000 on the 26th August 2022.
Read more about house prices in WR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresham Road, Worcester, WR2 has a total of 116 addresses. According to our analysis of all the public data, Flat 2, 57, Gresham Road, Worcester is the 86th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in WR2.
The closest station to Flat 2, 57, Gresham Road, Worcester is Worcester Foregate Street station which is 2.3 kilometres 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, 57, Gresham Road, Worcester, 75.0% of property is socially rented and 11.0% is privately owned outright.
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, 57, Gresham Road, Worcester, 29.5% of residents are recorded as possessing school level qualifications and 21.4% 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, 57, Gresham Road, Worcester, the average age was 38.3 and the most common age was 22.
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, 57, Gresham Road, Worcester, 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, 57, Gresham Road, Worcester, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.