Flat 5, Oriel House 46
Flat 5, Oriel House 46
Description & Estimates
Flat 5, Oriel House 46, Malvern appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 548 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, Oriel House 46, Malvern is £163,558 and its rental estimate is £847 per month, given the available information and assuming reasonable condition.
Oriel House, Worcester Road is a residential building on Worcester Road, Malvern, WR14 and falls within the WR14 postal district and the borough of Malvern Hills.
Our Data Sources
Flat 5, Oriel House 46, Malvern has 31 entries in the Land Registry , most recently in August 2023 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 3 out of 5 and is considered of medium 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, Oriel House 46, Malvern, we estimate a market value of £171,736 and a rental value of £890 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £152,109 and £788 per month respectively.
Recent Market Change
Over the last year, Flat 5, Oriel House 46, Malvern has seen its estimated sale value move down by £1,124 (0.7%) and its estimated rental value increase by £30 per month (3.5%). This results in an estimated gross rental yield of 6.2%.
Sold Prices
The most recent sale of Flat 5, Oriel House 46, Malvern completed on 16th August 2023 at £132,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 21.7% over the period since August 2023.
- Sold Aug 2023£132,000
- Sold Jan 2008£130,500
- Sold Jul 2003£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, Oriel House 46, Malvern have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th January 2024, was Apartment 3, Scotland House 2, Cowleigh Road, Malvern, WR14 1QD, a leasehold flat which sold for £147,500.
Read more about house prices in WR14.
- Sold Jan 2024£147,500 | 2 Bed FlatScotland House 2, Cowleigh RoadApartment 3, Scotland House 2, Cowleigh Road, Malvern, WR14 1QD
- Sold Nov 2023£100,000 | 2 Bed FlatCartwright Court 2, Victoria RoadApartment 8, Cartwright Court 2, Victoria Road, Malvern, WR14 2GE
- Sold Jun 2023£159,000 | 2 Bed FlatOriel House 46, Worcester RoadFlat 9, Oriel House 46, Worcester Road, Malvern, WR14 4AA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 696 addresses on Worcester Road, Malvern, WR14, Flat 5, Oriel House 46, Malvern comes out as the 481st largest and the 353rd most expensive in our analysis of the public data.
It is also £185k less expensive than the average property across the WR14 district.
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Schools Nearby
- 1.1kmSt Joseph's Catholic Primary School
- 1.1kmGrove Primary School
- 1.1kmMalvern Parish CofE Primary School
- 1.9kmThe Chase
- 2.0kmDyson Perrins CofE Academy
- 7.7kmHanley Castle High School
More reading links
Public Transport Nearby
From Flat 5, Oriel House 46, Malvern, the nearest station is Great Malvern, 1.0 kilometres away.
- 1.0kmGreat Malvern
- 1.4kmMalvern Link
- 4.3kmColwall
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.
