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According to the public record, Flat 4, 42, Albert Road, Worcester is a mid-century leasehold apartment with 688 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 4, 42, Albert Road, Worcester is £144,540 and the estimated rental value is £942 per month.
The apartment is within 42, Albert Road, Worcester, WR5.
Albert Road, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
Flat 4, 42, Albert Road, Worcester has 21 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 4, 42, Albert Road, Worcester is in very good condition we estimate a sale value of £151,767 and a rental value of £989 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,422 and a rental value of £876 per month.
Over the last 12 months the sale value of Flat 4 42 Albert Road Worcester has increased by an estimated £846 (0.6%) and its rental value has increased by an estimated £38 per month (4.1%), giving an expected gross yield of 7.8%.
Flat 4, 42, Albert Road, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 4, 42, Albert Road, Worcester was last sold on 9th November 2018 for £113,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2018, the market for similar properties has risen 30.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 42, Albert Road, Worcester within a radius of 480 metres over the last 2 years.
The most recent example is 17, Elmfield Gardens, Worcester, WR5 2HF, a leasehold flat which sold for £136,150 on the 25th July 2024.
Read more about house prices in WR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Worcester, WR5 has a total of 61 addresses. According to our analysis of all the public data, Flat 4, 42, Albert Road, Worcester is the 42nd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in WR5.
The closest station to Flat 4, 42, Albert Road, Worcester is Worcester Shrub Hill station which is 800 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 4, 42, Albert Road, Worcester, 34.7% of property is privately owned with a mortgage and 31.3% 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 4, 42, Albert Road, Worcester, 23.3% of residents are recorded as possessing school level qualifications and 36.1% 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 4, 42, Albert 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 4, 42, Albert 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 4, 42, Albert Road, Worcester, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
