Flat 6, May Place 187
Flat 6, May Place 187
Description & Estimates
The public record lists Flat 6, May Place 187, Malvern as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 923 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 6, May Place 187, Malvern has an estimated sale value of £227,424 and an estimated rental value of £979 per month, assuming reasonable condition and based on the information available.
The apartment sits within May Place, Wells Road, Malvern, WR14.
Wells Road, Malvern, WR14 lies in the borough of Malvern Hills, within the WR14 postal district.
Our Data Sources
Flat 6, May Place 187, Malvern has 2 entries in the Land Registry , most recently in November 2022 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
In very good condition, we estimate Flat 6, May Place 187, Malvern would be worth £238,795, with a potential rental value of £1,028 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £211,504, with a rental value of £910 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 6, May Place 187, Malvern has moved down by £1,022 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £36 (3.7%). The property's estimated gross yield is currently 5.2%.
Sold Prices
Flat 6, May Place 187, Malvern last changed hands on 23rd November 2022, selling for £250,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 1.2% since November 2022.
- Sold Nov 2022£250,000
- Sold Jan 2015£116,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.9 kilometres of Flat 6, May Place 187, Malvern across the last 2 years.
Most recently, Flat 2, May Place 187, Wells Road, Malvern, WR14 4HE, a leasehold flat, sold at £241,500 on the 24th July 2023.
Read more about house prices in WR14.
- Sold Jul 2023£241,500 | 2 Bed FlatFlat 2, May Place 187, Wells Road, Malvern, WR14 4HEFlat 2, May Place 187, Wells Road, Malvern, WR14 4HE
- Sold Mar 2023£225,000 | 2 Bed FlatFlat 4, May Place 187, Wells Road, Malvern, WR14 4HEFlat 4, May Place 187, Wells Road, Malvern, WR14 4HE
- Sold Apr 2022£182,500 | 2 Bed FlatFlat 8, May Place 187, Wells Road, Malvern, WR14 4HEFlat 8, May Place 187, Wells Road, Malvern, WR14 4HE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 6, May Place 187, Malvern as the 194th largest and the 210th most expensive of the 262 addresses on Wells Road, Malvern, WR14.
Against the WR14 postcode district average, it is £121k less expensive than the typical property.
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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
Colwall station is the nearest stop to Flat 6, May Place 187, Malvern at 1.7 kilometres away.
- 1.7kmColwall
- 3.4kmGreat Malvern
- 5.1kmMalvern Link
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
