40 New Bank Street

    40, NEW BANK STREET, WORCESTER, WR3 8AN

    This terraced freehold property on New Bank Street last sold in April 2022 for £185,000. Based on price growth in the WR3 district since then, its estimated current value is £196,510 — placing it in the 24th percentile nationally and the 14th percentile within WR3. The property covers 79 m² (850 sq ft), giving an estimated value of £2,487 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £185,000

    Apr 2022

    Estimated Valuation

    £196,510

    Est. £/sq ft

    £231/sq ft

    £2,487/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageB
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateNov 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Apr 2022

    £185,000

    Key Metrics

    Estimated valuation£196,510
    Value per sq ft / m²£231/sq ft (£2,487/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WR3 district percentile14th percentile
    National percentile24th percentile

    District Context — WR3

    WR3 covers Droitwich Spa and surrounding villages in Worcestershire, positioned between Birmingham and Worcester. It is a semi-rural area with a mix of suburban commuter appeal and established residential character.

    Average Property Price - WR3

    £311,465

    46

    National percentile

    Average Net Household Income - WR3

    £40,300

    59

    National percentile

    10-Year Annualised Price Growth - WR3

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - WR

    3.5%

    24

    National percentile

    View full analysis for WR3

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