According to the public record, Flat 7, Fort Royal Mews, Worcester is a modern apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Fort Royal Mews, London Road, Worcester, WR5.
London Road, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
Flat 7, Fort Royal Mews, Worcester has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2022.
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 Flat 7 Fort Royal Mews Worcester as £114,980 and the rental value as £603 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 7 Fort Royal Mews Worcester has increased by £2,906 (2.5%) and its rental value has increased by £42 per month (7.0%).
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 7, Fort Royal Mews, Worcester is in very good condition we estimate a sale value of £120,729 and rental value of £634 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,932 and a rental value of £561 per month.
If you were able to purchase this property for the estimated value of £114,980, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £565 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 7, Fort Royal Mews, Worcester was last sold on 16 Jul 2004 for £89,950 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 Flat 7, Fort Royal Mews, Worcester within a radius of 410 metres over the last 2 years.
The most recent example is 4 Royal Court, London Road, Worcester, WR5 2DL, a Leasehold flat which sold for £108,000 in Mar 2021.
Read more about house prices in WR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Worcester, WR5 has a total of 238 addresses. According to our analysis of all the public data, Flat 7, Fort Royal Mews, Worcester is the 215th largest and the 197th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in WR5.
Flat 7, Fort Royal Mews, Worcester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 7, Fort Royal Mews, Worcester is Worcester Shrub Hill station which is 1.0 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 7, Fort Royal Mews, Worcester, 38.3% of property is privately rented and 29.6% 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 7, Fort Royal Mews, Worcester, 13.7% of residents are recorded as possessing school level qualifications and 40.8% 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 7, Fort Royal Mews, 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 7, Fort Royal Mews, Worcester, 0.4% 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 7, Fort Royal Mews, Worcester, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.