According to the public record, Ground Floor Flat, 8, Ripon Road, Worcester is a early-century Leasehold apartment with 407 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 8, Ripon Road, Worcester, WR5.
Ripon Road, Worcester, WR5 is located in the borough of Worcester within the WR5 postal district.
Ground Floor Flat, 8, Ripon Road, Worcester has a single entry in the Land Registry database from August 2009 and a single entry in the EPC database dated February 2016.
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 Ground Floor Flat 8 Ripon Road Worcester as £94,859 and the rental value as £588 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Ground Floor Flat 8 Ripon Road Worcester has increased by £2,339 (2.5%) and its rental value has increased by £46 per month (7.8%).
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 Ground Floor Flat, 8, Ripon Road, Worcester is in very good condition we estimate a sale value of £99,602 and rental value of £617 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,219 and a rental value of £547 per month.
If you were able to purchase this property for the estimated value of £94,859, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £466 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, Ground Floor Flat, 8, Ripon Road, Worcester was last sold on 19 Aug 2009 for £68,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2009, the market for similar properties has risen 46.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Ground Floor Flat, 8, Ripon Road, Worcester within a radius of 610 metres over the last 2 years.
The most recent example is Ground Floor Flat, 26, Ripon Road, Worcester, WR5 1HU, a Leasehold flat which sold for £65,000 in Jul 2009.
Read more about house prices in WR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ripon Road, Worcester, WR5 has a total of 33 addresses. According to our analysis of all the public data, Ground Floor Flat, 8, Ripon Road, Worcester is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in WR5.
Ground Floor Flat, 8, Ripon Road, Worcester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Feb 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Ground Floor Flat, 8, Ripon Road, Worcester is Worcester Shrub Hill station which is 1.4 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 Ground Floor Flat, 8, Ripon Road, Worcester, 48.9% of property is socially rented and 19.1% is privately owned outright.
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 Ground Floor Flat, 8, Ripon Road, Worcester, 20.7% of residents are recorded as possessing school level qualifications and 18.8% 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 Ground Floor Flat, 8, Ripon Road, Worcester, the average age was 37.8 and the most common age was 32.
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 Ground Floor Flat, 8, Ripon Road, 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 Ground Floor Flat, 8, Ripon Road, 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.