Flat 5, May Place 187
Flat 5, May Place 187
Description & Estimates
Flat 5, May Place 187, Malvern appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 781 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, May Place 187, Malvern is £206,590 and its rental estimate is £915 per month, given the available information and assuming reasonable condition.
May Place, Wells Road is a residential building on Wells Road, Malvern, WR14 and falls within the WR14 postal district and the borough of Malvern Hills.
Our Data Sources
Flat 5, May Place 187, Malvern has 51 entries in the Land Registry , most recently in October 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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, May Place 187, Malvern, we estimate a market value of £216,919 and a rental value of £961 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £192,128 and £851 per month respectively.
Recent Market Change
Over the last year, Flat 5, May Place 187, Malvern has seen its estimated sale value fall by £1,420 (0.7%) and its estimated rental value move up by £32 per month (3.5%). This results in an estimated gross rental yield of 5.3%.
Sold Prices
The most recent sale of Flat 5, May Place 187, Malvern completed on 4th October 2019 at £165,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 16.3% over the period since October 2019.
- Sold Oct 2019£165,000
- Sold Mar 2018£150,000
- Sold Jun 2014£150,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, May Place 187, Malvern have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2023, was Flat 2, May Place 187, Wells Road, Malvern, WR14 4HE, a leasehold flat which sold for £241,500.
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 Mar 2023£225,000 | 2 Bed FlatMay Place 187, Wells RoadFlat 4, 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
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 262 addresses on Wells Road, Malvern, WR14, Flat 5, May Place 187, Malvern comes out as the 227th largest and the 224th most expensive in our analysis of the public data.
It is also £142k less expensive than the average property across the WR14 district.
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
From Flat 5, May Place 187, Malvern, the nearest station is Colwall, 1.7 kilometres away.
- 1.7kmColwall
- 3.4kmGreat Malvern
- 5.1kmMalvern Link
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
