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Flat 5, 46, Happy Land North, Worcester is recorded publicly as a modern leasehold apartment across 269 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 5, 46, Happy Land North, Worcester is £86,272 and its rental estimate is £580 per month, given the available information and assuming reasonable condition.
46, Happy Land North is a residential building on Happy Land North, Worcester, WR2 and falls within the WR2 postal district and the borough of Worcester.
Flat 5, 46, Happy Land North, Worcester has 2 entries in the Land Registry , most recently in December 2022 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 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 5, 46, Happy Land North, Worcester, we estimate a market value of £90,585 and a rental value of £609 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £80,233 and £539 per month respectively.
Over the last year, Flat 5, 46, Happy Land North, Worcester has seen its estimated sale value move down by £216 (0.3%) and its estimated rental value increase by £21 per month (3.7%). This results in an estimated gross rental yield of 8.1%.
Flat 5, 46, Happy Land North, Worcester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The most recent sale of Flat 5, 46, Happy Land North, Worcester completed on 19th December 2022 at £78,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 15.9% over the period since December 2022.
Over the past 2 years 3 properties have sold within 520 metres of Flat 5, 46, Happy Land North, Worcester, per the Land Registry and our network of Estate Agents.
The latest, on the 14th December 2018, was Flat 2, 46, Happy Land North, Worcester, WR2 5DH, a leasehold flat which sold for £115,000.
Read more about house prices in WR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 45 addresses on Happy Land North, Worcester, WR2, Flat 5, 46, Happy Land North, Worcester comes out as the 45th largest and the 45th most expensive in our analysis of the public data.
It is also £234k less expensive than the average property across the WR2 district.
From Flat 5, 46, Happy Land North, Worcester, the nearest station is Worcester Foregate Street, 1.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 46, Happy Land North, Worcester, 51.6% of property is privately rented and 24.6% 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 5, 46, Happy Land North, Worcester, 35.4% of residents are recorded as possessing school level qualifications and 33.1% 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 5, 46, Happy Land North, Worcester, the average age was 38.3 and the most common age was 22.
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 5, 46, Happy Land North, Worcester, 1.5% 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 5, 46, Happy Land North, Worcester, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.