According to the public record, 3, Merrimans Hill Road, Worcester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,418 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Merrimans Hill Road, Worcester, WR3 is located in the borough of Worcester within the WR3 postal district.
3, Merrimans Hill Road, Worcester has a single entry in the Land Registry database from February 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Merrimans Hill Road Worcester as £444,142 and the rental value as £1,332 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 3 Merrimans Hill Road Worcester has increased by £1,403 (0.3%) and its rental value has increased by £34 per month (2.5%).
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 3, Merrimans Hill Road, Worcester is in very good condition we estimate a sale value of £466,349 and rental value of £1,399 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £413,052 and a rental value of £1,239 per month.
If you were able to purchase this property for the estimated value of £444,142, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,183 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, 3, Merrimans Hill Road, Worcester was last sold on 28 Feb 2019 for £335,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2019, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Merrimans Hill Road, Worcester within a radius of 470 metres over the last 2 years.
The most recent example is 87, Gregorys Bank, Worcester, WR3 8PG, a Freehold house which sold for £425,000 in Mar 2024.
Read more about house prices in WR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrimans Hill Road, Worcester, WR3 has a total of 55 addresses. According to our analysis of all the public data, 3, Merrimans Hill Road, Worcester is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in WR3.
The closest station to 3, Merrimans Hill Road, Worcester is Worcester Foregate Street station which is 1.1 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 3, Merrimans Hill Road, Worcester, 40.3% of property is privately owned outright and 36.6% 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 3, Merrimans Hill Road, Worcester, 13.5% of residents are recorded as possessing school level qualifications and 37.1% 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 3, Merrimans Hill Road, Worcester, the average age was 41.7 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 3, Merrimans Hill 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 3, Merrimans Hill Road, 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.