Addison Road, Worcester, WR3

Street Guide For Addison Road, Worcester, WR3

 

Addison Road, Worcester, WR3 Map

Estimated Price: £214,077
Average Asking Price: £242,489
Price change in last one year: £11,042
Average Price Paid: £166,000
Average Rent Rates: £784

 

Property Prices Breakdown in Addison Road, Worcester, WR3

Average Price for property in Addison Road, Worcester, WR3 is around £214,077 which varies based on type of property you are interested in and ranges from £256,006 for detached house to around £217,943 for semi-detached. Similarly terraced house is around £199,378 and a flat is worth £191,347. Values have been changing and have risen £492 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £145 in last 6 months, £11,042 in last 1 year, £21,168 in last 2 years, £21,401 in last 3 years, £21,752 in last 4 years and £20,402 in last 5 years.

Currently average asking price of a property in Addison Road, Worcester, WR3 is around £242,489 based on approximately 2 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £784 per month.

Estimated property value in Addison Road, Worcester, WR3 is £214,077. Average asking price is £242,489 while average price paid is £160,000 which is up by £11,042 and Avg. asking rent £784.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Addison Road, Worcester, WR3 area. In last 1 year alone average price buyer paid is around £160,000 based on approximately 2 sales in Addison Road, Worcester, WR3 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £163,583. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £166,000 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £167,230 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £192,000, £180,383 for a 2 bedroom house, £228,157 for a 3 bedroom house, £338,762 for a 4 bedroom house and £388,990 for a 5 bedroom house. For a flat similarly the prices varies from £121,662 for a single bedroom to £133,220 for a 2 bedroom Flat. To sum up the asking prices for properties in Addison Road, Worcester, WR3 it comes to around average £129,478 for 1 bedroom property, £155,560 for 2 bedroom, £228,157 for 3 bedroom, £338,762 for 4 bedroom and £388,990 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £350 for 1 bedroom to £666 for 2 bedroom, £726 for 3 bedroom and £1,035 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £455. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £606. You should be generally be expecting around average £420 rent per month for single bedroom property, £624 for 2 bedroom, £726 for 3 bedroom and approximately £1,034 for 4 bedroom property in Addison Road, Worcester, WR3 area.

Popular Houses in Addison Road, Worcester, WR3

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Addison Road, Worcester, WR3