According to the public record, The Mercers, Worcester is a modern freehold house and with 1,931 ft2 of internal area and sits on a 10,784 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Beauchamp Lane, Callow End, Worcester, WR2 is located in the borough of Malvern Hills within the WR2 postal district.
The Mercers, Worcester has 2 entries in the Land Registry database, most recently in September 2022 and no records in the EPC database.
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 The Mercers Worcester as £776,204 and the rental value as £2,329 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of The Mercers Worcester has decreased by £712 (0.1%) and its rental value has increased by £48 per month (2.1%).
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 The Mercers, Worcester is in very good condition we estimate a sale value of £815,014 and rental value of £2,445 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £721,869 and a rental value of £2,166 per month.
If you were able to purchase this property for the estimated value of £776,204, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,815 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 data from HM Land Registry, The Mercers, Worcester sits on a plot of 10784m2.
We have plot size data on 11 out of 18 other houses in the postcode and The Mercers, Worcester sits on the largest plot.
According to HM Land Registry, The Mercers, Worcester was last sold on 28 Sep 2022 for £850,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to The Mercers, Worcester within a radius of 1.2km over the last 2 years.
The most recent example is Dornook, Bush Lane, Worcester, WR2 4TF, a Freehold house which sold for £680,000 in Aug 2022.
Read more about house prices in WR2.
Beauchamp Lane, Callow End, Worcester, WR2 has a total of 34 addresses. According to our analysis of all the public data, The Mercers, Worcester is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £469k more expensive than the average property in WR2.
The Mercers, Worcester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 18 Jan 2011.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to The Mercers, Worcester is Worcester Foregate Street station which is 5.3 km 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 The Mercers, Worcester, 60.6% of property is privately owned outright and 22.5% 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 The Mercers, Worcester, 13.5% of residents are recorded as possessing school level qualifications and 31.5% 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 The Mercers, Worcester, the average age was 48.5 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 The Mercers, Worcester, 0.7% 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 The Mercers, 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.