According to the public record, Flat 7, Rowan Court, Droitwich is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Rowan Court, Worcester Road, Droitwich, WR9.
Worcester Road, Droitwich, WR9 is located in the borough of Wychavon within the WR9 postal district.
Flat 7, Rowan Court, Droitwich has 41 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated April 2013.
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 7 Rowan Court Droitwich as £143,547 and the rental value as £631 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 7 Rowan Court Droitwich has increased by £3,789 (2.6%) and its rental value has increased by £34 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 7, Rowan Court, Droitwich is in very good condition we estimate a sale value of £150,724 and rental value of £663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,499 and a rental value of £587 per month.
If you were able to purchase this property for the estimated value of £143,547, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £705 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, Rowan Court, Droitwich was last sold on 04 Aug 2023 for £180,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2023, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Rowan Court, Droitwich within a radius of 590 metres over the last 2 years.
The most recent example is Flat 10, Rowan Court, Worcester Road, Droitwich, WR9 8AH, a Leasehold flat which sold for £125,500 in Jan 2024.
Read more about house prices in WR9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Worcester Road, Droitwich, WR9 has a total of 209 addresses. According to our analysis of all the public data, Flat 7, Rowan Court, Droitwich is the 152nd largest and the 155th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in WR9.
Flat 7, Rowan Court, Droitwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2013.
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 7, Rowan Court, Droitwich is Droitwich Spa 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 7, Rowan Court, Droitwich, 42.5% of property is privately owned outright and 40.7% 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 7, Rowan Court, Droitwich, 10.6% of residents are recorded as possessing school level qualifications and 25.3% 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 7, Rowan Court, Droitwich, the average age was 47.5 and the most common age was 72.
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, Rowan Court, Droitwich, 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 7, Rowan Court, Droitwich, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.