According to the public record, 3, Pike Close, Worcester is a modern freehold house with 1,809 ft2 of internal area and sits on a 372 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Pike Close, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
3, Pike Close, Worcester has a single entry in the Land Registry database from August 2009 and a single entry in the EPC database dated August 2009.
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 3 Pike Close Worcester as £441,475 and the rental value as £1,549 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 3 Pike Close Worcester has decreased by £130 (0.0%) and its rental value has increased by £56 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 3, Pike Close, Worcester is in very good condition we estimate a sale value of £463,548 and rental value of £1,626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,571 and a rental value of £1,440 per month.
If you were able to purchase this property for the estimated value of £441,475, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,170 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, 3, Pike Close, Worcester sits on a plot of 372m2.
We have plot size data on 10 out of 11 other houses in the postcode and 3, Pike Close, Worcester sits on the 4th largest plot.
According to HM Land Registry, 3, Pike Close, Worcester was last sold on 28 Aug 2009 for £330,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2009, the market for similar properties has risen 58.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Pike Close, Worcester within a radius of 900 metres over the last 2 years.
The most recent example is 4, Perch Road, Worcester, WR5 3AD, a Freehold house which sold for £490,000 in Apr 2022.
Read more about house prices in WR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pike Close, Worcester, WR5 has a total of 11 addresses. According to our analysis of all the public data, 3, Pike Close, Worcester is the largest and the most expensive property on the street.
When compared to the postcode district it is £176k more expensive than the average property in WR5.
3, Pike Close, Worcester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Aug 2009.
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 3, Pike Close, Worcester is Worcester Foregate Street station which is 2.9 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, Pike Close, Worcester, 40.6% of property is privately owned outright and 36.9% 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 3, Pike Close, Worcester, 24.6% of residents are recorded as possessing school level qualifications and 41.4% 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, Pike Close, Worcester, the average age was 42.8 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, Pike Close, 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, Pike Close, Worcester, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.