According to the public record, 31, Grasmere Drive, Worcester is a mid-century freehold house with 731 ft2 of internal area and sits on a 325 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grasmere Drive, Worcester, WR4 is located in the borough of Worcester within the WR4 postal district.
31, Grasmere Drive, Worcester has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated October 2020.
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 31 Grasmere Drive Worcester as £201,911 and the rental value as £926 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 31 Grasmere Drive Worcester has increased by £4,456 (2.2%) and its rental value has increased by £53 per month (5.7%).
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 31, Grasmere Drive, Worcester is in very good condition we estimate a sale value of £212,006 and rental value of £972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,777 and a rental value of £861 per month.
If you were able to purchase this property for the estimated value of £201,911, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £992 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, 31, Grasmere Drive, Worcester sits on a plot of 325m2.
We have plot size data on 24 out of 36 other houses in the postcode and 31, Grasmere Drive, Worcester sits on the 10th largest plot.
According to HM Land Registry, 31, Grasmere Drive, Worcester was last sold on 06 Nov 2020 for £170,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Grasmere Drive, Worcester within a radius of 510 metres over the last 2 years.
The most recent example is 17, Grasmere Drive, Worcester, WR4 9HL, a Freehold house which sold for £253,500 in Oct 2023.
Read more about house prices in WR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Drive, Worcester, WR4 has a total of 78 addresses. According to our analysis of all the public data, 31, Grasmere Drive, Worcester is the 78th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in WR4.
31, Grasmere Drive, Worcester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Oct 2020.
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 31, Grasmere Drive, Worcester is Worcester Shrub Hill station which is 1.8 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 31, Grasmere Drive, Worcester, 46.6% of property is socially rented and 22.9% 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 31, Grasmere Drive, Worcester, 22.4% of residents are recorded as possessing school level qualifications and 23.9% 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 31, Grasmere Drive, Worcester, the average age was 36.6 and the most common age was 7.
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 31, Grasmere Drive, Worcester, 0.8% 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 31, Grasmere Drive, Worcester, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.