18 Rea Way

    18, REA WAY, WORCESTER, WR2 5HA

    This terraced freehold property on Rea Way last sold in March 2024 for £225,000. Based on price growth in the WR2 district since then, its estimated current value is £234,104 — placing it in the 33rd percentile nationally and the 21st percentile within WR2. The property covers 106 m² (1,141 sq ft), giving an estimated value of £2,209 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £225,000

    Mar 2024

    Estimated Valuation

    £234,104

    Est. £/sq ft

    £205/sq ft

    £2,209/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageE
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,141 sq ft (106 m²)
    EPC dateMay 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Mar 2024

    £225,000

    7 Sept 2007

    £147,000

    15 Aug 2003

    £115,000

    8 Feb 2002

    £71,000

    6 Jun 1997

    £44,995

    Key Metrics

    Estimated valuation£234,104
    Value per sq ft / m²£205/sq ft (£2,209/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WR2 district percentile21st percentile
    National percentile33rd percentile

    District Context — WR2

    WR2 covers the Malvern area in Worcestershire, positioned in the western Midlands close to the Welsh border. It is a semi-rural district with strong appeal to older buyers and retirees, characterised by attractive landscapes and established residential communities.

    Average Property Price - WR2

    £327,381

    51

    National percentile

    Average Net Household Income - WR2

    £37,958

    49

    National percentile

    10-Year Annualised Price Growth - WR2

    3.7%

    53

    National percentile

    10-Year Annualised Rent Growth - WR

    3.5%

    24

    National percentile

    View full analysis for WR2

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