According to the public record, 47, Chestnut Street, Worcester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Chestnut Street, Worcester, WR1 is located in the borough of Worcester within the WR1 postal district.
47, Chestnut Street, Worcester has 21 entries in the Land Registry database, most recently in November 2009 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 47 Chestnut Street Worcester as £122,982 and the rental value as £562 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 47 Chestnut Street Worcester has increased by £2,757 (2.2%) and its rental value has increased by £24 per month (4.3%).
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 47, Chestnut Street, Worcester is in very good condition we estimate a sale value of £129,131 and rental value of £590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,373 and a rental value of £523 per month.
If you were able to purchase this property for the estimated value of £122,982, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £604 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, 47, Chestnut Street, Worcester was last sold on 27 Nov 2009 for £40,557 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2009, the market for similar properties has risen 43.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 410 metres radius of 47, Chestnut Street, Worcester over the last 2 years.
The most recent example is 42, Chestnut Street, Worcester, WR1 1PA, a Freehold house which sold for £212,000 in Sep 2022.
Read more about house prices in WR1.
Chestnut Street, Worcester, WR1 has a total of 59 addresses. According to our analysis of all the public data, 47, Chestnut Street, Worcester is the 59th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in WR1.
The closest station to 47, Chestnut Street, Worcester is Worcester Foregate Street station which is 500 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 47, Chestnut Street, Worcester, 50.9% of property is privately rented and 34.5% 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 47, Chestnut Street, Worcester, 16.2% of residents are recorded as possessing school level qualifications and 46.1% 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 47, Chestnut Street, Worcester, the average age was 40.2 and the most common age was 22.
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 47, Chestnut Street, 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 47, Chestnut Street, Worcester, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.