According to the public record, Flat 1, 39, Friar Street, Worcester is a period leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 39, Friar Street, Worcester, WR1.
Friar Street, Worcester, WR1 is located in the borough of Worcester within the WR1 postal district.
Flat 1, 39, Friar Street, Worcester has 41 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated January 2022.
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 Flat 1 39 Friar Street Worcester as £121,115 and the rental value as £731 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 1 39 Friar Street Worcester has increased by £3,520 (2.9%) and its rental value has increased by £38 per month (5.1%).
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 Flat 1, 39, Friar Street, Worcester is in very good condition we estimate a sale value of £127,171 and rental value of £768 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,637 and a rental value of £680 per month.
If you were able to purchase this property for the estimated value of £121,115, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £595 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, Flat 1, 39, Friar Street, Worcester was last sold on 28 Feb 2022 for £88,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2022, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 39, Friar Street, Worcester within a radius of 470 metres over the last 2 years.
The most recent example is Apartment 12, 1 Sidbury House, College Street, Worcester, WR1 2LT, a Leasehold flat which sold for £119,000 in Mar 2023.
Read more about house prices in WR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Friar Street, Worcester, WR1 has a total of 47 addresses. According to our analysis of all the public data, Flat 1, 39, Friar Street, Worcester is the 21st largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in WR1.
Flat 1, 39, Friar Street, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Jan 2022.
The property is not connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to Flat 1, 39, Friar Street, Worcester is Worcester Foregate Street station which is 700 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 Flat 1, 39, Friar Street, Worcester, 63.4% of property is privately rented and 22.8% is socially rented.
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 Flat 1, 39, Friar Street, Worcester, 7.2% of residents are recorded as possessing school level qualifications and 36.8% 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 Flat 1, 39, Friar Street, Worcester, the average age was 38.6 and the most common age was 27.
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 Flat 1, 39, Friar Street, 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 Flat 1, 39, Friar Street, Worcester, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.