According to the public record, 188, Medway Road, Worcester is a mid-century leasehold house and with 699 ft2 of internal area and sits on a 281 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Medway Road, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
188, Medway Road, Worcester has 21 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated October 2013.
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 188 Medway Road Worcester as £175,993 and the rental value as £819 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 188 Medway Road Worcester has increased by £3,645 (2.1%) and its rental value has increased by £54 per month (6.6%).
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 188, Medway Road, Worcester is in very good condition we estimate a sale value of £184,793 and rental value of £860 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,674 and a rental value of £762 per month.
If you were able to purchase this property for the estimated value of £175,993, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £865 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, 188, Medway Road, Worcester sits on a plot of 281m2.
We have plot size data on 29 out of 43 other houses in the postcode and 188, Medway Road, Worcester sits on the 7th largest plot.
According to HM Land Registry, 188, Medway Road, Worcester was last sold on 25 Jul 2014 for £130,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jul 2014, the market for similar properties has risen 42.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 188, Medway Road, Worcester within a radius of 34m over the last 2 years.
The most recent example is 200, Medway Road, Worcester, WR5 1LL, a Freehold house which sold for £160,000 in Nov 2023.
Read more about house prices in WR5.
Medway Road, Worcester, WR5 has a total of 140 addresses. According to our analysis of all the public data, 188, Medway Road, Worcester is the 130th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in WR5.
188, Medway Road, Worcester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2013.
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 188, Medway Road, Worcester is Worcester Shrub Hill station which is 400 m 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 188, Medway Road, Worcester, 36.7% of property is privately owned with a mortgage and 33.3% 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 188, Medway Road, Worcester, 17.8% of residents are recorded as possessing school level qualifications and 34.4% 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 188, Medway Road, Worcester, the average age was 37.8 and the most common age was 32.
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 188, Medway Road, 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 188, Medway Road, Worcester, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.