Flat 7, May Place 187
Flat 7, May Place 187
Description & Estimates
Flat 7, May Place 187, Malvern is recorded publicly as a period leasehold apartment across 951 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Flat 7, May Place 187, Malvern is £231,649 and its rental estimate is £985 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 7, May Place 187, Malvern has 21 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated September 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
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 7, May Place 187, Malvern, we estimate a market value of £243,232 and a rental value of £1,034 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £215,434 and £916 per month respectively.
Recent Market Change
Over the last year, Flat 7, May Place 187, Malvern has seen its estimated sale value rise by £659 (0.3%) and its estimated rental value move up by £44 per month (4.5%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
Flat 7, May Place 187, Malvern has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Sep 2011.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 7, May Place 187, Malvern completed on 14th June 2016 at £155,000 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 31.8% over the period since June 2016.
- Sold Jun 2016£155,000
- Sold Jan 1998£60,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 7, 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 29th November 2023, was Flat 12, Leamington Court, Wells Road, Malvern, WR14 4HF, a leasehold flat which sold for £267,000.
Read more about house prices in WR14.
- Sold Nov 2023£267,000 | 2 Bed FlatLeamington Court, Wells RoadFlat 12, Leamington Court, Wells Road, Malvern, WR14 4HF
- Sold Jul 2023£241,500 | 2 Bed FlatMay Place 187, Wells RoadFlat 2, May Place 187, Wells Road, Malvern, WR14 4HE
- Sold Nov 2022£250,000 | 3 Bed FlatMay Place 187, Wells RoadFlat 6, 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
Of the 262 addresses on Wells Road, Malvern, WR14, Flat 7, May Place 187, Malvern comes out as the 186th largest and the 207th most expensive in our analysis of the public data.
It is also £117k less expensive than the average property across the WR14 district.
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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
From Flat 7, 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.
