2, Caversham Court Rainbow Hill, Worcester, WR3 8NL is a leasehold flat built between 1950-1966. The property offers approximately 570 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £93,287 , which equates to approximately £164 per square foot. It was last sold on 28 Jul 2017 for £80,000. Since then, the value has increased by £13,287, representing a 16.6% increase, or approximately 2.0% per year.

The current estimated value of £93,287 is:

  • 61.0% lower than the average property price on Rainbow Hill
  • 59.0% lower than the average in the WR3 8NL postcode area
  • and 69.8% lower than the average price for Worcester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 26 May 2016, the property was recorded as owner-occupied.

View sold house prices in WR3 8NL

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£93,287
Price Per sq ft (estimate)
£164
Bedroom Count (estimate)
1 bedroom

EPC Summary

2, Caversham Court Rainbow Hill, Worcester, Worcestershire, WR3 8NL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 26 May 2016.

A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Jan 2015. The rating of E remains the same, but the energy efficiency score improved by 2.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to no system present: electric heaters assumed, changing energy efficiency from average to very poor.
  • The hot water system changed from electric immersion, off-peak to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency changing from very good to average.
Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to WR3 8NL

26 th / 30
Price Rank
59% lower than average
10 th / 16
Size Rank
26% smaller than average
14 th / 16
Price Per Sq FT Rank
45% lower than average

Compared to other properties in WR3 8NL , this flat's estimated value ranks 26th out of 30. Based on price per square foot, it ranks 14th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 10th out of 16 properties in its postcode area.

Sale History

Today
£93,287
streetscan.co.uk estimate
+17 %
28 Jul 2017
£80,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £60,000
sale date: 30 Nov 2017
rooms: 3
size: 560 sq ft
sale price: £60,000
sale date: 28 Jul 2017
rooms: 3
size: 560 sq ft
sale price: £95,000
sale date: 10 Oct 2014
rooms: 3
size: 560 sq ft
sale price: £84,950
sale date: 18 Feb 2005
rooms: 3
size: 560 sq ft
sale price: £41,500
sale date: 5 Jan 2000

Data Sources

The property at 2, Caversham Court Rainbow Hill, Worcester, Worcestershire, WR3 8NL appears once in the Land Registry records, with the transaction recorded on 28 Jul 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 May 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.