Values have been changing and have risen £1,508 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,650 in last 6 months, £11,028 in last 1 year, £17,343 in last 2 years, £19,482 in last 3 years, £19,931 in last 4 years and £16,004 in last 5 years.
Currently average asking price of a property in Brackenhurst, Ranelegh Road, Malvern, WR14 is around £247,778 based on approximately 2 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £671 per month.
Estimated property value in Brackenhurst, Ranelegh Road, Malvern, WR14 is £150,978. Average asking price is £247,778 while average price paid is £121,475 which is up by £11,028 and Avg. asking rent £671.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 Brackenhurst, Ranelegh Road, Malvern, WR14 area. In last 1 year alone average price buyer paid is around £121,475 based on approximately 2 sales in Brackenhurst, Ranelegh Road, Malvern, WR14 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £114,564. 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 £122,711 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £128,742 per sale.