38 Melbourne Street

    38, MELBOURNE STREET, WORCESTER, WR3 8AX

    This terraced freehold property on Melbourne Street last sold in January 2021 for £192,000. Based on price growth in the WR3 district since then, its estimated current value is £221,251 — placing it in the 30th percentile nationally and the 20th percentile within WR3. The property covers 99 m² (1,066 sq ft), giving an estimated value of £2,235 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £192,000

    Jan 2021

    Estimated Valuation

    £221,251

    Est. £/sq ft

    £208/sq ft

    £2,235/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,066 sq ft (99 m²)
    EPC dateAug 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jan 2021

    £192,000

    2 Nov 2012

    £152,000

    21 Dec 2006

    £164,950

    7 Jul 2006

    £122,000

    Key Metrics

    Estimated valuation£221,251
    Value per sq ft / m²£208/sq ft (£2,235/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WR3 district percentile20th percentile
    National percentile30th 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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