According to the public record, 115B, Central Road, Worcester Park is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 115, Central Road, Worcester Park, KT4.
Central Road, Worcester Park, KT4 is located in the borough of Sutton within the KT4 postal district.
115B, Central Road, Worcester Park has 2 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated September 2023.
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 115B Central Road Worcester Park as £266,244 and the rental value as £1,351 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 115B Central Road Worcester Park has increased by £5,226 (2.0%) and its rental value has increased by £48 per month (3.6%).
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 115B, Central Road, Worcester Park is in very good condition we estimate a sale value of £279,556 and rental value of £1,418 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,607 and a rental value of £1,256 per month.
If you were able to purchase this property for the estimated value of £266,244, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,309 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, 115B, Central Road, Worcester Park was last sold on 11 Jun 2015 for £212,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2015, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 115B, Central Road, Worcester Park within a radius of 470 metres over the last 2 years.
The most recent example is Apartment 11, Brookview Lodge 77, Green Lane, Worcester Park, KT4 8GA, a Leasehold flat which sold for £245,000 in Oct 2023.
Read more about house prices in KT4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Central Road, Worcester Park, KT4 has a total of 225 addresses. According to our analysis of all the public data, 115B, Central Road, Worcester Park is the 115th largest and the 151st most expensive property on the street.
When compared to the postcode district it is £322k less expensive than the average property in KT4.
115B, Central Road, Worcester Park has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Sep 2023.
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 115B, Central Road, Worcester Park is Worcester Park station which is 400 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 115B, Central Road, Worcester Park, 48.3% of property is privately rented and 20.5% 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 115B, Central Road, Worcester Park, 19.0% of residents are recorded as possessing school level qualifications and 41.1% 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 115B, Central Road, Worcester Park, the average age was 37.5 and the most common age was 42.
The graph below shows how this compares to Greater London 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 115B, Central Road, Worcester Park, 0.9% of property was a second home.
Comparison figures for Greater London 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 115B, Central Road, Worcester Park, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.