Broadheath Common, Lower Broadheath, Worcester, WR2

Street Guide For Broadheath Common, Lower Broadheath, Worcester, WR2

 

Broadheath Common, Lower Broadheath, Worcester, WR2 Map

Estimated Price: £483,514
Average Asking Price: £281,480
Price change in last one year: £33,739
Average Price Paid: £426,681
Average Rent Rates: £756

 

Property Prices Breakdown in Broadheath Common, Lower Broadheath, Worcester, WR2

Average Price for property in Broadheath Common, Lower Broadheath, Worcester, WR2 is around £483,514 which varies based on type of property you are interested in and ranges from £499,506 for detached house to around £83,721 for terraced house. Values have been changing and have risen £3,296 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,251 in last 6 months, £33,739 in last 1 year, £53,494 in last 2 years, £58,021 in last 3 years, £55,288 in last 4 years and £49,584 in last 5 years.

Currently average asking price of a property in Broadheath Common, Lower Broadheath, Worcester, WR2 is around £281,480 based on approximately 2 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £756 per month.

Estimated property value in Broadheath Common, Lower Broadheath, Worcester, WR2 is £483,514. Average asking price is £281,480 while average price paid is £559,250 which is up by £33,739 and Avg. asking rent £756.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 Broadheath Common, Lower Broadheath, Worcester, WR2 area. In last 1 year alone average price buyer paid is around £559,250 based on approximately 2 sales in Broadheath Common, Lower Broadheath, Worcester, WR2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £535,700. 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 £426,681 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £406,995 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 £230,000, £187,046 for a 2 bedroom house, £229,306 for a 3 bedroom house, £345,135 for a 4 bedroom house and £465,856 for a 5 bedroom house. For a flat similarly the prices varies from £90,725 for a single bedroom to £144,495 for a 2 bedroom Flat. To sum up the asking prices for properties in Broadheath Common, Lower Broadheath, Worcester, WR2 it comes to around average £118,580 for 1 bedroom property, £175,849 for 2 bedroom, £229,306 for 3 bedroom, £345,135 for 4 bedroom and £465,856 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 £321 for 1 bedroom to £685 for 2 bedrooms, £884 for 3 bedrooms, £1,206 for 4 bedrooms and £517 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £487. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £635, £750 for 3 bedroom and £390 for 5 bedroom. You should be generally be expecting around average £369 rent per month for single bedroom property, £657 for 2 bedroom, £879 for 3 bedroom, £1,206 for 4 bedroom and approximately £504 for a 5 bedroom property in Broadheath Common, Lower Broadheath, Worcester, WR2 area.

Popular Houses in Broadheath Common, Lower Broadheath, Worcester, WR2

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 Broadheath Common, Lower Broadheath, Worcester, WR2