48, ALBERT ROAD, WORCESTER, WR5 1EB - £137,500

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.

48 ALBERT ROAD is a midsized flat of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £134,603. It was last sold for £137,500 in November 2023, which was around 2% below the average November 2023 flat price in the Worcester local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

48 ALBERT ROAD Sold Prices

Land registry data shows five sales for 48 ALBERT ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Worcester local authority area for the corresponding sale date. The five 48 ALBERT ROAD sales were a mix of below the average price, roughly equal to the average price, and above 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 17 NOV	£137,500	£139,934	2% below HPI
2016 22 JUL	£110,000	£110,090	Close to HPI
2005 16 SEP	£106,000	£105,005	1% above HPI
2000 21 DEC	£51,250	£49,337	4% above HPI
1999 25 AUG	£42,500	£39,874	7% above HPI

What might 48 ALBERT ROAD be worth now?

48 ALBERT ROAD might now be worth an estimated £134,603.

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 48 ALBERT ROAD of £137,500 on 17th November 2023. For the value to have decreased from £137,500 to £134,603 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of 48 ALBERT ROAD has moved in line with the HPI for flats in the Worcester local authority area.
• The November 2023 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 48 ALBERT ROAD has not materially changed since November 2023.

How Large is 48 ALBERT ROAD?

48 ALBERT ROAD is 55m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of flats in Worcester, based on EPC data. 44% of flats are smaller than 48 ALBERT ROAD, and 54% of flats are larger. Note that EPC data is not available for all properties in Worcester.

48 ALBERT ROAD: Plot

48 ALBERT ROAD sits on a plot of roughly 0.182 of an acre, or 735m².

Where is 48 ALBERT ROAD?

48 ALBERT ROAD is located in WORCESTER, in the WR5 postcode district.