According to the public record, 56, Gregorys Bank, Worcester is a modern freehold house with 1,388 ft2 of internal area and sits on a 314 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gregorys Bank, Worcester, WR3 is located in the borough of Worcester within the WR3 postal district.
56, Gregorys Bank, Worcester has 2 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated July 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 56 Gregorys Bank Worcester as £420,197 and the rental value as £1,365 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 56 Gregorys Bank Worcester has increased by £1,328 (0.3%) and its rental value has increased by £35 per month (2.5%).
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 56, Gregorys Bank, Worcester is in very good condition we estimate a sale value of £441,207 and rental value of £1,433 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,783 and a rental value of £1,269 per month.
If you were able to purchase this property for the estimated value of £420,197, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,065 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, 56, Gregorys Bank, Worcester sits on a plot of 314m2.
We have plot size data on 29 out of 37 other houses in the postcode and 56, Gregorys Bank, Worcester sits on the 7th largest plot.
According to HM Land Registry, 56, Gregorys Bank, Worcester was last sold on 09 Jul 2021 for £420,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Gregorys Bank, Worcester within a radius of 520 metres over the last 2 years.
The most recent example is 87, Gregorys Bank, Worcester, WR3 8PG, a Freehold house which sold for £425,000 in Mar 2024.
Read more about house prices in WR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gregorys Bank, Worcester, WR3 has a total of 82 addresses. According to our analysis of all the public data, 56, Gregorys Bank, Worcester is the 21st largest and the 16th most expensive property on the street.
When compared to the postcode district it is £104k more expensive than the average property in WR3.
56, Gregorys Bank, Worcester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jul 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 56, Gregorys Bank, Worcester is Worcester Foregate Street 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 56, Gregorys Bank, Worcester, 40.3% of property is privately owned outright and 36.6% 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 56, Gregorys Bank, Worcester, 13.5% of residents are recorded as possessing school level qualifications and 37.1% 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 56, Gregorys Bank, 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 56, Gregorys Bank, 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 56, Gregorys Bank, Worcester, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.