According to the public record, 8, Otley Close, Worcester is a modern freehold house with 1,679 ft2 of internal area and sits on a 419 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Otley Close, Worcester, WR4 is located in the borough of Worcester within the WR4 postal district.
8, Otley Close, Worcester has 31 entries in the Land Registry database, most recently in November 2015 and a single entry in the EPC database dated February 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 8 Otley Close Worcester as £390,125 and the rental value as £1,473 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 8 Otley Close Worcester has decreased by £166 (0.0%) and its rental value has increased by £60 per month (4.1%).
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, Otley Close, Worcester is in very good condition we estimate a sale value of £409,631 and rental value of £1,546 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,816 and a rental value of £1,369 per month.
If you were able to purchase this property for the estimated value of £390,125, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,917 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, Otley Close, Worcester sits on a plot of 419m2.
We have plot size data on 9 out of 21 other houses in the postcode and 8, Otley Close, Worcester sits on the largest plot.
According to HM Land Registry, 8, Otley Close, Worcester was last sold on 27 Nov 2015 for £278,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2015, the market for similar properties has risen 33.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Otley Close, Worcester within a radius of 590 metres over the last 2 years.
The most recent example is 11, Spring Meadow, Worcester, WR4 0HF, a Freehold house which sold for £415,000 in Jan 2024.
Read more about house prices in WR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otley Close, Worcester, WR4 has a total of 22 addresses. According to our analysis of all the public data, 8, Otley Close, Worcester is the largest and the most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in WR4.
8, Otley Close, Worcester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2015.
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, Otley Close, Worcester is Worcester Shrub Hill station which is 1.6 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, Otley Close, Worcester, 40.7% of property is privately owned outright and 39.5% 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 8, Otley Close, Worcester, 17.4% of residents are recorded as possessing school level qualifications and 41.4% 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 8, Otley Close, Worcester, the average age was 39 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 8, Otley Close, 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 8, Otley Close, Worcester, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.