51 Banks Close

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

    This detached freehold property on Banks Close last sold in August 2024 for £500,000. Based on price growth in the WR2 district since then, its estimated current value is £479,530 — placing it in the 77th percentile nationally and the 87th percentile within WR2. The property covers 124 m² (1,335 sq ft), giving an estimated value of £3,867 per m². The EPC rating is A, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £500,000

    Aug 2024

    Estimated Valuation

    £479,530

    Est. £/sq ft

    £359/sq ft

    £3,867/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentA
    EPC potentialA
    Floor area1,335 sq ft (124 m²)
    EPC dateNov 2023
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingAir source heat pump, underfloor, electric

    Transaction History

    22 Aug 2024

    New build

    £500,000

    Key Metrics

    Estimated valuation£479,530
    Value per sq ft / m²£359/sq ft (£3,867/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WR2 district percentile87th 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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