According to the public record, 26 Wells House, Worcester Park is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wells House, Gunpowder Road, Worcester Park, KT4.
Gunpowder Road, Worcester Park, KT4 is located within the KT4 postal district.
26 Wells House, Worcester Park has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated October 2022.
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 good condition, we estimate the current sale value for 26 Wells House Worcester Park as £415,357 and the rental value as £1,794 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 26 Wells House Worcester Park has increased by £7,977 (1.9%) and its rental value has increased by £65 per month (3.6%).
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 26 Wells House, Worcester Park is in very good condition we estimate a sale value of £436,125 and rental value of £1,883 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,282 and a rental value of £1,668 per month.
If you were able to purchase this property for the estimated value of £415,357, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,041 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, 26 Wells House, Worcester Park was last sold on 02 Nov 2022 for £437,600 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26 Wells House, Worcester Park within a radius of 780 metres over the last 2 years.
The most recent example is 16, Worcester Park Road, Worcester Park, KT4 7QD, a Leasehold flat which sold for £340,000 in Nov 2023.
Read more about house prices in KT4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gunpowder Road, Worcester Park, KT4 has a total of 80 addresses. According to our analysis of all the public data, 26 Wells House, Worcester Park is the 36th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in KT4.
26 Wells House, Worcester Park has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 26 Wells House, Worcester Park is Malden Manor 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 26 Wells House, Worcester Park, % of property is and % is .
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 26 Wells House, Worcester Park, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London 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 26 Wells House, Worcester Park, 0.0% of property was a second home.
Comparison figures for This region 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 26 Wells House, Worcester Park, there are an average of 0.0 cars per household.
See below for how this compares to This region and the rest of England & Wales.