According to the public record, 8, Laurel Road, Worcester is a early-century freehold house with 785 ft2 of internal area and sits on a 219 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Laurel Road, Worcester, WR4 is located in the borough of Worcester within the WR4 postal district.
8, Laurel Road, Worcester has 2 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated March 2020.
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 8 Laurel Road Worcester as £202,493 and the rental value as £924 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Laurel Road Worcester has increased by £4,852 (2.4%) and its rental value has increased by £52 per month (5.7%).
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 8, Laurel Road, Worcester is in very good condition we estimate a sale value of £212,617 and rental value of £970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,318 and a rental value of £859 per month.
If you were able to purchase this property for the estimated value of £202,493, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £995 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, 8, Laurel Road, Worcester sits on a plot of 219m2.
We have plot size data on 11 out of 14 other houses in the postcode and 8, Laurel Road, Worcester sits on the 6th largest plot.
According to HM Land Registry, 8, Laurel Road, Worcester was last sold on 22 Aug 2023 for £165,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Laurel Road, Worcester within a radius of 540 metres over the last 2 years.
The most recent example is 1, Laurel Road, Worcester, WR4 9RT, a Freehold house which sold for £190,000 in Apr 2024.
Read more about house prices in WR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Road, Worcester, WR4 has a total of 14 addresses. According to our analysis of all the public data, 8, Laurel Road, Worcester is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in WR4.
8, Laurel Road, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Mar 2020.
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 8, Laurel Road, Worcester is Worcester Shrub Hill 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 8, Laurel Road, Worcester, 39.1% of property is socially rented and 24.8% 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 8, Laurel Road, Worcester, 22.6% of residents are recorded as possessing school level qualifications and 20.0% 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 8, Laurel 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 8, Laurel Road, 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 8, Laurel Road, 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.