According to the public record, Flat 31, Port House, Worcester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 728 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Port House, Lowesmoor Terrace, Worcester, WR1.
Lowesmoor Terrace, Worcester, WR1 is located in the borough of Worcester within the WR1 postal district.
Flat 31, Port House, Worcester has 31 entries in the Land Registry database, most recently in January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 31 Port House Worcester as £129,538 and the rental value as £719 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 31 Port House Worcester has increased by £4,031 (3.1%) and its rental value has increased by £38 per month (5.4%).
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 31, Port House, Worcester is in very good condition we estimate a sale value of £136,015 and rental value of £755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,471 and a rental value of £669 per month.
If you were able to purchase this property for the estimated value of £129,538, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £637 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 31, Port House, Worcester was last sold on 25 Jan 2008 for £118,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2008, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 31, Port House, Worcester within a radius of 480 metres over the last 2 years.
The most recent example is 29A, Sansome Place, Worcester, WR1 1UA, a Leasehold flat which sold for £131,500 in Nov 2023.
Read more about house prices in WR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lowesmoor Terrace, Worcester, WR1 has a total of 72 addresses. According to our analysis of all the public data, Flat 31, Port House, Worcester is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in WR1.
The closest station to Flat 31, Port House, Worcester is Worcester Shrub Hill 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 Flat 31, Port House, Worcester, 40.0% of property is privately owned outright and 39.3% is privately 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 31, Port House, Worcester, 6.2% of residents are recorded as possessing school level qualifications and 45.3% 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 31, Port House, 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 31, Port House, Worcester, 2.3% 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 31, Port House, 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.