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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, The Forge, Worcester is a period house with 1,011 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Forge, Worcester is £428,205 and the estimated rental value is £1,378 per month.
Spetchley, Worcester, WR5 is located in the borough of Wychavon within the WR5 postal district.
The Forge, Worcester has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
We combine this information with public data 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If The Forge, Worcester is in very good condition we estimate a sale value of £449,616 and a rental value of £1,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,231 and a rental value of £1,282 per month.
Over the last 12 months the sale value of The Forge Worcester has increased by an estimated £2,111 (0.5%) and its rental value has increased by an estimated £59 per month (4.3%), giving an expected gross yield of 3.9%.
The Forge, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Feb 2023.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Forge, Worcester within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 1, The Top, Worcester, WR5 1FJ, a freehold house which sold for £370,000 on the 21st February 2024.
Read more about house prices in WR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spetchley, Worcester, WR5 has a total of 57 addresses. According to our analysis of all the public data, The Forge, Worcester is the 34th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in WR5.
The closest station to The Forge, Worcester is Worcestershire Parkway station which is 3.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around The Forge, Worcester, 46.2% of property is privately rented and 25.0% 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 The Forge, Worcester, 18.4% of residents are recorded as possessing school level qualifications and 30.4% 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 The Forge, Worcester, the average age was 47.1 and the most common age was 52.
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 The Forge, Worcester, 1.7% 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 The Forge, Worcester, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
