48 Melbourne Street

    48, MELBOURNE STREET, WORCESTER, WR3 8AX

    This terraced freehold property on Melbourne Street last sold in August 2013 for £137,750. Based on price growth in the WR3 district since then, its estimated current value is £235,587 — placing it in the 34th percentile nationally and the 25th percentile within WR3. The property covers 94 m² (1,012 sq ft), giving an estimated value of £2,506 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £137,750

    Aug 2013

    Estimated Valuation

    £235,587

    Est. £/sq ft

    £233/sq ft

    £2,506/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,012 sq ft (94 m²)
    EPC dateOct 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2013

    £137,750

    12 Aug 2003

    £99,000

    Key Metrics

    Estimated valuation£235,587
    Value per sq ft / m²£233/sq ft (£2,506/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WR3 district percentile25th percentile
    National percentile34th 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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