2 Banks Close

    2, BANKS CLOSE, HALLOW, WORCESTER, WR2 6NE

    This detached freehold property on Banks Close last sold in February 2022 for £520,000. Based on price growth in the WR2 district since then, its estimated current value is £482,786 — placing it in the 77th percentile nationally and the 88th percentile within WR2. The property covers 129 m² (1,389 sq ft), giving an estimated value of £3,743 per m². The EPC rating is A, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £520,000

    Feb 2022

    Estimated Valuation

    £482,786

    Est. £/sq ft

    £348/sq ft

    £3,743/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentA
    EPC potentialA
    Floor area1,389 sq ft (129 m²)
    EPC dateSept 2021
    WallsAverage thermal transmittance 0.27 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Feb 2022

    New build

    £520,000

    Key Metrics

    Estimated valuation£482,786
    Value per sq ft / m²£348/sq ft (£3,743/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WR2 district percentile88th percentile
    National percentile77th 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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