40, SALTERS CLOSE, WORCESTER, WR4 9XT - £106,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 SALTERS CLOSE is a very small flat of 32m², built sometime between 1983 and 1990, which could now be worth an estimated £104,256. It was last sold for £106,500 in November 2023, which was around 24% below the average November 2023 flat price in the Worcester local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

40 SALTERS CLOSE Sold Prices

Land registry data shows six sales for 40 SALTERS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Worcester local authority area for the corresponding sale date. All of the six 40 SALTERS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 24 NOV	£106,500	£139,934	24% below HPI
2022 12 DEC	£100,000	£144,660	31% below HPI
2005 7 JAN	£84,000	£103,662	19% below HPI
2001 6 AUG	£40,950	£55,085	26% below HPI
2000 21 JUN	£36,950	£46,519	21% below HPI
1998 12 MAR	£24,950	£34,224	27% below HPI

What might 40 SALTERS CLOSE be worth now?

40 SALTERS CLOSE might now be worth an estimated £104,256.

This is based on house price deflation of 2.1%, between November 2023 and May 2026, for flats, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% deflationary decrease is applied to the most recent sale price for 40 SALTERS CLOSE of £106,500 on 24th November 2023. For the value to have decreased from £106,500 to £104,256 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of 40 SALTERS CLOSE has moved in line with the HPI for flats in the Worcester local authority area.
• The November 2023 sale price of £106,500 represented a fair market value for the property.
• The size, condition, and specification of 40 SALTERS CLOSE has not materially changed since November 2023.

How Large is 40 SALTERS CLOSE?

40 SALTERS CLOSE is 32m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of flats in Worcester, based on EPC data. 3% of flats are smaller than 40 SALTERS CLOSE, and 95% of flats are larger. Note that EPC data is not available for all properties in Worcester.

40 SALTERS CLOSE: Plot

40 SALTERS CLOSE sits on a plot of roughly 0.170 of an acre, or 689m².

Where is 40 SALTERS CLOSE?

40 SALTERS CLOSE is located in WORCESTER, in the WR4 postcode district.