According to the public record, 107, Franchise Street, Kidderminster is a modern leasehold apartment and with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Franchise Street, Kidderminster, DY11 is located in the borough of Wyre Forest within the DY11 postal district.
107, Franchise Street, Kidderminster has 3 entries in the Land Registry database, most recently in February 2021 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 107 Franchise Street Kidderminster as £130,461 and the rental value as £650 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 107 Franchise Street Kidderminster has increased by £6,027 (4.6%) and its rental value has increased by £25 per month (3.9%).
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 107, Franchise Street, Kidderminster is in very good condition we estimate a sale value of £136,984 and rental value of £682 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,328 and a rental value of £604 per month.
If you were able to purchase this property for the estimated value of £130,461, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £641 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, 107, Franchise Street, Kidderminster was last sold on 08 Feb 2021 for £99,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 107, Franchise Street, Kidderminster within a radius of 17m over the last 2 years.
The most recent example is 4, Quayle Court, Kidderminster, DY11 6SQ, a Leasehold flat which sold for £120,000 in May 2023.
Read more about house prices in DY11.
Franchise Street, Kidderminster, DY11 has a total of 96 addresses. According to our analysis of all the public data, 107, Franchise Street, Kidderminster is the 77th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in DY11.
107, Franchise Street, Kidderminster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 107, Franchise Street, Kidderminster is Kidderminster station which is 1.4 km 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 107, Franchise Street, Kidderminster, 32.9% of property is privately owned with a mortgage and 23.5% is privately owned outright.
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 107, Franchise Street, Kidderminster, 16.7% of residents are recorded as possessing school level qualifications and 20.7% 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 107, Franchise Street, Kidderminster, the average age was 41.2 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 107, Franchise Street, Kidderminster, 0.9% 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 107, Franchise Street, Kidderminster, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.