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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, May Place 187, Malvern is a period leasehold apartment with 871 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, May Place 187, Malvern is £218,599 and the estimated rental value is £932 per month.
The apartment is within May Place, Wells Road, Malvern, WR14.
Wells Road, Malvern, WR14 is located in the borough of Malvern Hills within the WR14 postal district.
Flat 2, May Place 187, Malvern has 31 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, May Place 187, Malvern is in very good condition we estimate a sale value of £229,529 and a rental value of £978 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,297 and a rental value of £867 per month.
Over the last 12 months the sale value of Flat 2 May Place 187 Malvern has decreased by an estimated £1,503 (0.7%) and its rental value has increased by an estimated £33 per month (3.5%), giving an expected gross yield of 5.1%.
Flat 2, May Place 187, Malvern has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, May Place 187, Malvern was last sold on 24th July 2023 for £241,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2023, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, May Place 187, Malvern within a radius of 1.9 kilometres over the last 2 years.
The most recent example is Flat 4, May Place 187, Wells Road, Malvern, WR14 4HE, a leasehold flat which sold for £225,000 on the 29th March 2023.
Read more about house prices in WR14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wells Road, Malvern, WR14 has a total of 262 addresses. According to our analysis of all the public data, Flat 2, May Place 187, Malvern is the 204th largest and the 213th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in WR14.
The closest station to Flat 2, May Place 187, Malvern is Colwall station which is 1.7 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, May Place 187, Malvern, 69.9% of property is privately owned outright and 19.5% 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, May Place 187, Malvern, 13.0% of residents are recorded as possessing school level qualifications and 54.3% 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, May Place 187, Malvern, the average age was 49.3 and the most common age was 72.
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, May Place 187, Malvern, 2.6% 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, May Place 187, Malvern, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
