According to the public record, Apartment 5, The Hop House 31, Worcester is a modern apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Hop House, Middle Street, Worcester, WR1.
Middle Street, Worcester, WR1 is located in the borough of Worcester within the WR1 postal district.
Apartment 5, The Hop House 31, Worcester has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2021.
We combine this information with public data 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 Apartment 5 The Hop House 31 Worcester as £175,573 and the rental value as £785 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Apartment 5 The Hop House 31 Worcester has increased by £5,656 (3.2%) and its rental value has increased by £41 per month (5.2%).
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 Apartment 5, The Hop House 31, Worcester is in very good condition we estimate a sale value of £184,351 and rental value of £825 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,282 and a rental value of £730 per month.
If you were able to purchase this property for the estimated value of £175,573, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £863 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, Apartment 5, The Hop House 31, Worcester was last sold on 13 Dec 2005 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 5, The Hop House 31, Worcester within a radius of 360 metres over the last 2 years.
The most recent example is Apartment 1, The Hop House 31, Middle Street, Worcester, WR1 1NQ, a Leasehold flat which sold for £164,000 in Jun 2021.
Read more about house prices in WR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Middle Street, Worcester, WR1 has a total of 51 addresses. According to our analysis of all the public data, Apartment 5, The Hop House 31, Worcester is the 33rd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in WR1.
Apartment 5, The Hop House 31, Worcester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Sep 2021.
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 Apartment 5, The Hop House 31, Worcester is Worcester Foregate Street station which is 300 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 Apartment 5, The Hop House 31, Worcester, 56.8% of property is privately rented and 15.2% 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 Apartment 5, The Hop House 31, Worcester, 17.4% of residents are recorded as possessing school level qualifications and 37.8% 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 Apartment 5, The Hop House 31, 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 Apartment 5, The Hop House 31, Worcester, 1.1% 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 Apartment 5, The Hop House 31, Worcester, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.