According to the public record, 3, Wakefield Close, Worcester is a mid-century freehold house with 796 ft2 of internal area and sits on a 281 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wakefield Close, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
3, Wakefield Close, Worcester has 41 entries in the Land Registry database, most recently in September 2014 and a single entry in the EPC database dated April 2015.
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 Wakefield Close Worcester as £195,878 and the rental value as £897 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 3 Wakefield Close Worcester has increased by £5,075 (2.6%) and its rental value has increased by £71 per month (8.0%).
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, Wakefield Close, Worcester is in very good condition we estimate a sale value of £205,672 and rental value of £942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,166 and a rental value of £834 per month.
If you were able to purchase this property for the estimated value of £195,878, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £963 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, Wakefield Close, Worcester sits on a plot of 281m2.
We have plot size data on 7 out of 20 other houses in the postcode and 3, Wakefield Close, Worcester sits on the 5th largest plot.
According to HM Land Registry, 3, Wakefield Close, Worcester was last sold on 29 Sep 2014 for £140,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2014, the market for similar properties has risen 43.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Wakefield Close, Worcester within a radius of 650 metres over the last 2 years.
The most recent example is 6, Wakefield Close, Worcester, WR5 1QR, a Freehold house which sold for £198,000 in Jun 2022.
Read more about house prices in WR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wakefield Close, Worcester, WR5 has a total of 20 addresses. According to our analysis of all the public data, 3, Wakefield Close, Worcester is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in WR5.
3, Wakefield Close, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 3, Wakefield Close, Worcester is Worcester Shrub Hill station which is 1.3 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, Wakefield Close, Worcester, 57.0% of property is socially rented and 20.4% is privately owned outright.
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, Wakefield Close, Worcester, 32.9% of residents are recorded as possessing school level qualifications and 13.5% 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, Wakefield Close, Worcester, the average age was 37.8 and the most common age was 32.
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, Wakefield 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, Wakefield Close, Worcester, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.