According to the public record, 15, Nibley Close, Worcester is a mid-century leasehold apartment and with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Nibley Close, Worcester, WR4 is located in the borough of Worcester within the WR4 postal district.
15, Nibley Close, Worcester has 31 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated April 2012.
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 15 Nibley Close Worcester as £106,840 and the rental value as £598 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 15 Nibley Close Worcester has increased by £2,634 (2.5%) and its rental value has increased by £32 per month (5.4%).
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 15, Nibley Close, Worcester is in very good condition we estimate a sale value of £112,182 and rental value of £628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,361 and a rental value of £556 per month.
If you were able to purchase this property for the estimated value of £106,840, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £525 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, 15, Nibley Close, Worcester was last sold on 25 Apr 2019 for £93,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2019, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Nibley Close, Worcester within a radius of 419m over the last 2 years.
The most recent example is 14, Randwick Drive, Worcester, WR4 9LW, a Leasehold flat which sold for £105,000 in Jul 2023.
Read more about house prices in WR4.
Nibley Close, Worcester, WR4 has a total of 29 addresses. According to our analysis of all the public data, 15, Nibley Close, Worcester is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in WR4.
15, Nibley Close, Worcester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Apr 2012.
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 15, Nibley Close, Worcester is Worcester Shrub Hill station which is 2.1 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 15, Nibley Close, Worcester, 73.0% of property is socially rented and 9.5% 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 15, Nibley Close, Worcester, 22.8% of residents are recorded as possessing school level qualifications and 12.9% 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 15, Nibley Close, Worcester, the average age was 36.7 and the most common age was 37.
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 15, Nibley Close, Worcester, 1.1% 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 15, Nibley Close, Worcester, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.