According to the public record, Flat 1, Elm Court, Worcester is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elm Court, Elm Green Close, Worcester, WR5.
Elm Green Close, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
Flat 1, Elm Court, Worcester has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated January 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 Flat 1 Elm Court Worcester as £195,304 and the rental value as £742 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 1 Elm Court Worcester has increased by £6,360 (3.3%) and its rental value has increased by £55 per month (7.5%).
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, Elm Court, Worcester is in very good condition we estimate a sale value of £205,069 and rental value of £779 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,632 and a rental value of £690 per month.
If you were able to purchase this property for the estimated value of £195,304, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £960 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, Elm Court, Worcester was last sold on 21 Dec 2022 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Elm Court, Worcester within a radius of 840 metres over the last 2 years.
The most recent example is Flat 3, Elm Court, Elm Green Close, Worcester, WR5 3HD, a Leasehold flat which sold for £218,000 in Aug 2022.
Read more about house prices in WR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Green Close, Worcester, WR5 has a total of 57 addresses. According to our analysis of all the public data, Flat 1, Elm Court, Worcester is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in WR5.
Flat 1, Elm Court, Worcester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 1, Elm Court, Worcester is Worcester Shrub Hill station which is 2.8 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 Flat 1, Elm Court, Worcester, 44.4% of property is privately owned outright and 34.9% 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 Flat 1, Elm Court, Worcester, 14.8% of residents are recorded as possessing school level qualifications and 44.6% 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, Elm Court, Worcester, the average age was 41.4 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, Elm Court, Worcester, 1.0% 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, Elm Court, 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.