According to the public record, 2, The Oaklands, Droitwich is a modern freehold house with 1,593 ft2 of internal area and sits on a 531 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Oaklands, Droitwich, WR9 is located in the borough of Wychavon within the WR9 postal district.
2, The Oaklands, Droitwich has 3 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated August 2019.
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 2 The Oaklands Droitwich as £427,259 and the rental value as £1,489 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 2 The Oaklands Droitwich has increased by £782 (0.2%) and its rental value has increased by £44 per month (2.9%).
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 2, The Oaklands, Droitwich is in very good condition we estimate a sale value of £448,622 and rental value of £1,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,351 and a rental value of £1,385 per month.
If you were able to purchase this property for the estimated value of £427,259, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,100 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, 2, The Oaklands, Droitwich sits on a plot of 531m2.
We have plot size data on 17 out of 41 other houses in the postcode and 2, The Oaklands, Droitwich sits on the 2nd largest plot.
According to HM Land Registry, 2, The Oaklands, Droitwich was last sold on 03 Feb 2020 for £363,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2020, 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 2, The Oaklands, Droitwich within a radius of 610 metres over the last 2 years.
The most recent example is 17, Lawley Way, Droitwich, WR9 8FB, a Freehold house which sold for £470,000 in Nov 2022.
Read more about house prices in WR9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Oaklands, Droitwich, WR9 has a total of 41 addresses. According to our analysis of all the public data, 2, The Oaklands, Droitwich is the 2nd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in WR9.
2, The Oaklands, Droitwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 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 2, The Oaklands, Droitwich is Droitwich Spa station which is 1.4 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 2, The Oaklands, Droitwich, 50.3% of property is privately owned outright and 35.9% 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 2, The Oaklands, Droitwich, 20.2% of residents are recorded as possessing school level qualifications and 42.5% 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 2, The Oaklands, Droitwich, the average age was 42.7 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 2, The Oaklands, Droitwich, 1.7% 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 2, The Oaklands, Droitwich, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.