According to the public record, 2, Upper Park Street, Worcester is a mid-century freehold house with 2,701 ft2 of internal area and sits on a 331 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Upper Park Street, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
2, Upper Park Street, Worcester has 41 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated July 2020.
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 Upper Park Street Worcester as £480,922 and the rental value as £1,852 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 2 Upper Park Street Worcester has decreased by £96 (0.0%) and its rental value has increased by £96 per month (5.2%).
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, Upper Park Street, Worcester is in very good condition we estimate a sale value of £504,968 and rental value of £1,944 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,257 and a rental value of £1,722 per month.
If you were able to purchase this property for the estimated value of £480,922, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,364 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, Upper Park Street, Worcester sits on a plot of 331m2.
We have plot size data on 11 out of 19 other houses in the postcode and 2, Upper Park Street, Worcester sits on the largest plot.
According to HM Land Registry, 2, Upper Park Street, Worcester was last sold on 29 Oct 2021 for £400,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Oct 2021, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Upper Park Street, Worcester within a radius of 430 metres over the last 2 years.
The most recent example is 10, Fort Royal Lane, Worcester, WR5 1BX, a Freehold house which sold for £690,000 in Jun 2019.
Read more about house prices in WR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Park Street, Worcester, WR5 has a total of 19 addresses. According to our analysis of all the public data, 2, Upper Park Street, Worcester is the largest and the most expensive property on the street.
When compared to the postcode district it is £215k more expensive than the average property in WR5.
2, Upper Park Street, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Jul 2020.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 2, Upper Park Street, Worcester is Worcester Shrub Hill station which is 900 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 2, Upper Park Street, Worcester, 39.3% of property is privately owned outright and 27.9% 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, Upper Park Street, Worcester, 14.4% of residents are recorded as possessing school level qualifications and 44.3% 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, Upper Park Street, Worcester, the average age was 38.6 and the most common age was 27.
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, Upper Park Street, Worcester, 2.4% 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, Upper Park Street, 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.