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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Old Chantry, Worcester is £333,604 and the estimated rental value is £1,252 per month.
The apartment is within Old Chantry, Martley, Worcester, WR6.
Martley, Worcester, WR6 is located in the borough of Malvern Hills within the WR6 postal district.
Flat 2, Old Chantry, Worcester has a single entry in the Land Registry from October 2011 and a single entry in the EPC database dated February 2022.
We combine this information with that 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, Old Chantry, Worcester is in very good condition we estimate a sale value of £350,284 and a rental value of £1,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,251 and a rental value of £1,164 per month.
Over the last 12 months the sale value of Flat 2 Old Chantry Worcester has decreased by an estimated £1,085 (0.3%) and its rental value has increased by an estimated £62 per month (4.9%), giving an expected gross yield of 4.5%.
Flat 2, Old Chantry, Worcester has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 19 Feb 2022.
The property is not connected to mains gas and has full secondary glazing. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, Flat 2, Old Chantry, Worcester was last sold on 28th October 2011 for £132,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2011, the market for similar properties has risen 111.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, Old Chantry, Worcester within a radius of 4.9 kilometres over the last 2 years.
The most recent example is Flat 4, Old Chantry, Worcester, WR6 6QA, a leasehold flat which sold for £186,000 on the 21st August 2018.
Read more about house prices in WR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martley, Worcester, WR6 has a total of 79 addresses. According to our analysis of all the public data, Flat 2, Old Chantry, Worcester is the 59th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in WR6.
The closest station to Flat 2, Old Chantry, Worcester is Worcester Foregate Street station which is 10.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Old Chantry, Worcester, 45.6% of property is privately owned outright and 37.3% 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, Old Chantry, Worcester, 18.2% of residents are recorded as possessing school level qualifications and 41.4% 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, Old Chantry, Worcester, the average age was 46.6 and the most common age was 57.
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, Old Chantry, Worcester, 1.3% 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, Old Chantry, Worcester, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.