Average Price for property in Albert Road, Worcester, WR5 is around £151,714 which varies based on type of property you are interested in and ranges from £98,581 for detached house to around £187,074 for semi-detached. Similarly terraced house is around £152,316 and a flat is worth £113,100. Values have been changing and have risen £748 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,199 in last 6 months, £8,907 in last 1 year, £14,395 in last 2 years, £16,935 in last 3 years, £14,895 in last 4 years and £16,144 in last 5 years.
Currently average asking price of a property in Albert Road, Worcester, WR5 is around £243,829 based on approximately 4 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £750 per month.
Estimated property value in Albert Road, Worcester, WR5 is £151,714. Average asking price is £243,829 while average price paid is £185,625 which is up by £8,907 and Avg. asking rent £750.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 Albert Road, Worcester, WR5 area. In last 1 year alone average price buyer paid is around £185,625 based on approximately 4 sales in Albert Road, Worcester, WR5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £178,100. 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 £169,583 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £147,000 per sale.