According to the public record, 45, Rainbow Hill, Worcester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,636 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Rainbow Hill, Worcester, WR3 is located in the borough of Worcester within the WR3 postal district.
45, Rainbow Hill, Worcester has a single entry in the Land Registry database from March 2006 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 45 Rainbow Hill Worcester as £258,932 and the rental value as £1,096 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 45 Rainbow Hill Worcester has increased by £4,910 (1.9%) and its rental value has increased by £46 per month (4.2%).
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 45, Rainbow Hill, Worcester is in very good condition we estimate a sale value of £271,879 and rental value of £1,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,807 and a rental value of £1,019 per month.
If you were able to purchase this property for the estimated value of £258,932, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,273 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, 45, Rainbow Hill, Worcester was last sold on 31 Mar 2006 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Rainbow Hill, Worcester within a radius of 540 metres over the last 2 years.
The most recent example is 36, Albany Road, Worcester, WR3 8EY, a Freehold house which sold for £330,000 in Apr 2024.
Read more about house prices in WR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Hill, Worcester, WR3 has a total of 138 addresses. According to our analysis of all the public data, 45, Rainbow Hill, Worcester is the 10th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in WR3.
The closest station to 45, Rainbow Hill, Worcester is Worcester Shrub Hill station which is 600 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 45, Rainbow Hill, Worcester, 46.9% of property is privately rented and 32.0% 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 45, Rainbow Hill, Worcester, 14.4% of residents are recorded as possessing school level qualifications and 37.5% 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 45, Rainbow Hill, 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 45, Rainbow Hill, 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 45, Rainbow Hill, Worcester, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.