According to the public record, 15, Reservoir Lane, Worcester is a mid-century freehold house with 962 ft2 of internal area and sits on a 371 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reservoir Lane, Worcester, WR3 is located in the borough of Worcester within the WR3 postal district.
15, Reservoir Lane, Worcester has 21 entries in the Land Registry database, most recently in May 2009 and a single entry in the EPC database dated December 2008.
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 Reservoir Lane Worcester as £258,957 and the rental value as £1,030 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 15 Reservoir Lane Worcester has increased by £7,122 (2.8%) and its rental value has increased by £52 per month (5.0%).
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, Reservoir Lane, Worcester is in very good condition we estimate a sale value of £271,905 and rental value of £1,081 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,830 and a rental value of £958 per month.
If you were able to purchase this property for the estimated value of £258,957, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,273 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 data from HM Land Registry, 15, Reservoir Lane, Worcester sits on a plot of 371m2.
We have plot size data on 5 out of 7 other houses in the postcode and 15, Reservoir Lane, Worcester sits on the 2nd largest plot.
According to HM Land Registry, 15, Reservoir Lane, Worcester was last sold on 08 May 2009 for £148,250 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2009, the market for similar properties has risen 58.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Reservoir Lane, Worcester within a radius of 530 metres over the last 2 years.
The most recent example is 5A, Highland Road, Worcester, WR4 9RR, a Freehold house which sold for £265,000 in Nov 2023.
Read more about house prices in WR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reservoir Lane, Worcester, WR3 has a total of 7 addresses. According to our analysis of all the public data, 15, Reservoir Lane, Worcester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in WR3.
15, Reservoir Lane, Worcester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Dec 2008.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 15, Reservoir Lane, Worcester is Worcester Shrub Hill station which is 500 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 15, Reservoir Lane, Worcester, 38.1% of property is privately owned outright and 28.6% 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 15, Reservoir Lane, Worcester, 13.9% of residents are recorded as possessing school level qualifications and 36.5% 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, Reservoir Lane, Worcester, the average age was 41.7 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 15, Reservoir Lane, Worcester, 0.8% 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, Reservoir Lane, Worcester, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.