Flat 4, May Place 187
Flat 4, May Place 187
Description & Estimates
According to the public record, Flat 4, May Place 187, Malvern is a period leasehold apartment with 797 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, May Place 187, Malvern is £209,287 and the estimated rental value is £921 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.
Our Data Sources
Flat 4, May Place 187, Malvern has 61 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated August 2011.
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.
Price Range & Condition
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, May Place 187, Malvern is in very good condition we estimate a sale value of £219,752 and a rental value of £967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,637 and a rental value of £856 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, May Place 187, Malvern has moved down by £1,439 (0.7%), while its estimated rental value has increased by £32 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
Flat 4, May Place 187, Malvern has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2011.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 4, May Place 187, Malvern was last sold on 29th March 2023 for £225,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since March 2023, the market for similar properties has dropped by 0.9%.
- Sold Mar 2023£225,000
- Sold Dec 2019£170,000
- Sold Apr 2017£165,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, May Place 187, Malvern within a radius of 1.9 kilometres over the last 2 years.
The most recent example is Flat 2, May Place 187, Wells Road, Malvern, WR14 4HE, a leasehold flat which sold for £241,500 on the 24th July 2023.
Read more about house prices in WR14.
- Sold Jul 2023£241,500 | 2 Bed FlatMay Place 187, Wells RoadFlat 2, May Place 187, Wells Road, Malvern, WR14 4HE
- Sold Apr 2022£182,500 | 2 Bed FlatMay Place 187, Wells RoadFlat 8, May Place 187, Wells Road, Malvern, WR14 4HE
- Sold Oct 2019£165,000 | 2 Bed FlatMay Place 187, Wells RoadFlat 5, May Place 187, Wells Road, Malvern, WR14 4HE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Wells Road, Malvern, WR14 has a total of 262 addresses. According to our analysis of all the public data, Flat 4, May Place 187, Malvern is the 224th largest and the 223rd most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in WR14.
More reading links
Schools Nearby
- 1.0kmMalvern Wells CofE Primary School
- 1.6kmMalvern Wyche CofE Primary School
- 2.4kmColwall CofE Primary School and Nursery
- 2.9kmThe Chase
- 5.9kmDyson Perrins CofE Academy
- 6.6kmHanley Castle High School
More reading links
Public Transport Nearby
The closest station to Flat 4, May Place 187, Malvern is Colwall station, which is 1.7 kilometres away.
- 1.7kmColwall
- 3.4kmGreat Malvern
- 5.1kmMalvern Link
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
