According to the public record, 10, Wood Terrace, Worcester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,013 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wood Terrace, Worcester, WR1 is located in the borough of Worcester within the WR1 postal district.
10, Wood Terrace, Worcester has 3 entries in the Land Registry database, most recently in May 2014 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Wood Terrace Worcester as £251,953 and the rental value as £971 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 10 Wood Terrace Worcester has increased by £3,332 (1.3%) and its rental value has increased by £32 per month (3.3%).
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 10, Wood Terrace, Worcester is in very good condition we estimate a sale value of £264,551 and rental value of £1,020 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,316 and a rental value of £903 per month.
If you were able to purchase this property for the estimated value of £251,953, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,238 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 10, Wood Terrace, Worcester was last sold on 23 May 2014 for £155,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2014, the market for similar properties has risen 32.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Wood Terrace, Worcester within a radius of 400 metres over the last 2 years.
The most recent example is 27, Wood Terrace, Worcester, WR1 1NY, a Freehold house which sold for £267,500 in Dec 2023.
Read more about house prices in WR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wood Terrace, Worcester, WR1 has a total of 28 addresses. According to our analysis of all the public data, 10, Wood Terrace, Worcester is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in WR1.
The closest station to 10, Wood Terrace, Worcester is Worcester Foregate Street station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Wood Terrace, Worcester, 50.9% of property is privately rented and 34.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 10, Wood Terrace, Worcester, 16.2% of residents are recorded as possessing school level qualifications and 46.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10, Wood Terrace, Worcester, the average age was 40.2 and the most common age was 22.
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 10, Wood Terrace, Worcester, 0.0% 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 10, Wood Terrace, Worcester, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.