According to the public record, 16, Vetch Field Avenue, Worcester is a modern leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Vetch Field Avenue, Lyppard Bourne, Worcester, WR4 is located in the borough of Worcester within the WR4 postal district.
16, Vetch Field Avenue, Worcester has 71 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated June 2021.
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 16 Vetch Field Avenue Worcester as £118,163 and the rental value as £620 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 16 Vetch Field Avenue Worcester has increased by £3,234 (2.7%) and its rental value has increased by £44 per month (7.1%).
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 16, Vetch Field Avenue, Worcester is in very good condition we estimate a sale value of £124,071 and rental value of £651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,892 and a rental value of £576 per month.
If you were able to purchase this property for the estimated value of £118,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £581 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, 16, Vetch Field Avenue, Worcester was last sold on 02 Jun 2017 for £105,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Jun 2017, the market for similar properties has risen 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Vetch Field Avenue, Worcester within a radius of 630 metres over the last 2 years.
The most recent example is 4, Vetch Field Avenue, Worcester, WR4 0PA, a Leasehold flat which sold for £113,500 in Jun 2021.
Read more about house prices in WR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vetch Field Avenue, Lyppard Bourne, Worcester, WR4 has a total of 43 addresses. According to our analysis of all the public data, 16, Vetch Field Avenue, Worcester is the 39th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in WR4.
16, Vetch Field Avenue, Worcester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 16, Vetch Field Avenue, Worcester is Worcester Shrub Hill station which is 2.0 kilometres 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 16, Vetch Field Avenue, Worcester, 58.5% of property is privately rented and 25.4% 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 16, Vetch Field Avenue, Worcester, 11.1% of residents are recorded as possessing school level qualifications and 44.5% 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 16, Vetch Field Avenue, Worcester, the average age was 39 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 16, Vetch Field Avenue, 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 16, Vetch Field Avenue, Worcester, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.