According to the public record, 24, Wood Terrace, Worcester is a period freehold house with 812 ft2 of internal area and sits on a 144 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wood Terrace, Worcester, WR1 is located in the borough of Worcester within the WR1 postal district.
24, Wood Terrace, Worcester has 31 entries in the Land Registry database, most recently in October 2011 and a single entry in the EPC database dated June 2011.
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 24 Wood Terrace Worcester as £220,966 and the rental value as £882 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 24 Wood Terrace Worcester has increased by £2,922 (1.3%) and its rental value has increased by £29 per month (3.3%).
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 24, Wood Terrace, Worcester is in very good condition we estimate a sale value of £232,014 and rental value of £926 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,498 and a rental value of £820 per month.
If you were able to purchase this property for the estimated value of £220,966, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,086 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, 24, Wood Terrace, Worcester sits on a plot of 144m2.
We have plot size data on 21 out of 28 other houses in the postcode and 24, Wood Terrace, Worcester sits on the 14th largest plot.
According to HM Land Registry, 24, Wood Terrace, Worcester was last sold on 27 Oct 2011 for £155,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2011, the market for similar properties has risen 40.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Wood Terrace, Worcester within a radius of 410 metres over the last 2 years.
The most recent example is 27, Wood Terrace, Worcester, WR1 1NY, a Freehold house which sold for £267,500 in Dec 2023.
Read more about house prices in WR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wood Terrace, Worcester, WR1 has a total of 28 addresses. According to our analysis of all the public data, 24, Wood Terrace, Worcester is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in WR1.
24, Wood Terrace, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jun 2011.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 24, Wood Terrace, Worcester is Worcester Foregate Street station which is 400 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 24, Wood Terrace, Worcester, 50.9% of property is privately rented and 34.5% 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 24, Wood Terrace, Worcester, 16.2% of residents are recorded as possessing school level qualifications and 46.1% 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 24, Wood Terrace, Worcester, the average age was 40.2 and the most common age was 22.
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 24, Wood Terrace, 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 24, Wood Terrace, Worcester, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.