According to the public record, 7, Milret Close, Worcester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,001 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Milret Close, Worcester, WR3 is located in the borough of Worcester within the WR3 postal district.
7, Milret Close, Worcester has 21 entries in the Land Registry database, most recently in August 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 7 Milret Close Worcester as £239,131 and the rental value as £970 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 7 Milret Close Worcester has increased by £5,340 (2.2%) and its rental value has increased by £43 per month (4.4%).
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 7, Milret Close, Worcester is in very good condition we estimate a sale value of £251,088 and rental value of £1,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,392 and a rental value of £902 per month.
If you were able to purchase this property for the estimated value of £239,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,175 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, 7, Milret Close, Worcester was last sold on 25 Aug 2006 for £220,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Milret Close, Worcester within a radius of 500 metres over the last 2 years.
The most recent example is 19, Birchfield Close, Worcester, WR3 8LQ, a Freehold house which sold for £235,000 in Aug 2022.
Read more about house prices in WR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milret Close, Worcester, WR3 has a total of 9 addresses. According to our analysis of all the public data, 7, Milret Close, Worcester is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in WR3.
The closest station to 7, Milret Close, Worcester is Worcester Foregate Street station which is 1.0 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 7, Milret Close, Worcester, 43.0% of property is privately owned outright and 41.3% 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 7, Milret Close, Worcester, 15.8% of residents are recorded as possessing school level qualifications and 36.3% 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 7, Milret Close, 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 7, Milret Close, 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 7, Milret Close, Worcester, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.