According to the public record, 46, Avon Road, Worcester is a early-century leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 46, Avon Road, Worcester, WR4.
Avon Road, Worcester, WR4 is located in the borough of Worcester within the WR4 postal district.
46, Avon Road, Worcester has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated December 2013.
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 46 Avon Road Worcester as £70,667 and the rental value as £434 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 46 Avon Road Worcester has increased by £1,734 (2.5%) and its rental value has increased by £29 per month (6.7%).
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 46, Avon Road, Worcester is in very good condition we estimate a sale value of £74,200 and rental value of £455 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,720 and a rental value of £403 per month.
If you were able to purchase this property for the estimated value of £70,667, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £347 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, 46, Avon Road, Worcester was last sold on 30 Jan 2023 for £64,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Avon Road, Worcester within a radius of 530 metres over the last 2 years.
The most recent example is 26A, Avon Road, Worcester, WR4 9AF, a Leasehold flat which sold for £85,000 in Apr 2023.
Read more about house prices in WR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avon Road, Worcester, WR4 has a total of 216 addresses. According to our analysis of all the public data, 46, Avon Road, Worcester is the 202nd largest and the 186th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in WR4.
46, Avon Road, Worcester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Dec 2013.
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 46, Avon Road, Worcester is Worcester Shrub Hill station which is 900 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 46, Avon Road, Worcester, 37.5% of property is privately rented and 25.7% 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 46, Avon Road, Worcester, 23.3% of residents are recorded as possessing school level qualifications and 18.4% 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 46, Avon Road, Worcester, the average age was 36.7 and the most common age was 37.
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 46, Avon Road, Worcester, 0.5% 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 46, Avon Road, 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.