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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, 9, New Street, Worcester is £135,131 and the estimated rental value is £851 per month.
The apartment is within 9, New Street, Worcester, WR1.
New Street, Worcester, WR1 is located in the borough of Worcester within the WR1 postal district.
Flat 2, 9, New Street, Worcester has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
We combine this information with public data 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, 9, New Street, Worcester is in very good condition we estimate a sale value of £141,887 and a rental value of £893 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,671 and a rental value of £791 per month.
Over the last 12 months the sale value of Flat 2 9 New Street Worcester has increased by an estimated £2,437 (1.8%) and its rental value has increased by an estimated £34 per month (3.9%), giving an expected gross yield of 7.6%.
Flat 2, 9, New Street, Worcester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2024.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 9, New Street, Worcester within a radius of 460 metres over the last 2 years.
The most recent example is Flat 3, Nash House 8, New Street, Worcester, WR1 2DN, a leasehold flat which sold for £145,000 on the 22nd September 2023.
Read more about house prices in WR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Street, Worcester, WR1 has a total of 89 addresses. According to our analysis of all the public data, Flat 2, 9, New Street, Worcester is the 9th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in WR1.
The closest station to Flat 2, 9, New Street, Worcester is Worcester Foregate Street station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 9, New Street, Worcester, 63.4% of property is privately rented and 22.8% is socially 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, 9, New Street, Worcester, 7.2% of residents are recorded as possessing school level qualifications and 36.8% 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, 9, New Street, 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, 9, New Street, 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, 9, New Street, Worcester, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.