Brook Street, Worcester, WR1

Street Guide For Brook Street, Worcester, WR1

 

Brook Street, Worcester, WR1 Map

Estimated Price: £121,408
Average Asking Price: £179,965
Price change in last one year: £9,140
Average Price Paid: £86,990
Average Rent Rates: £816

 

Property Prices Breakdown in Brook Street, Worcester, WR1

Average Price for property in Brook Street, Worcester, WR1 is around £121,408 which varies based on type of property you are interested in and ranges from £162,390 for terraced house to around £119,088 for a flat. Values have been changing and have risen £1,108 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,816 in last 6 months, £9,140 in last 1 year, £14,170 in last 2 years, £12,980 in last 3 years, £14,304 in last 4 years and £13,460 in last 5 years.

Currently average asking price of a property in Brook Street, Worcester, WR1 is around £179,965 based on approximately 8 properties for sale. Same is the case with rental options based on 159 properties up for rent, average asking rent is around £816 per month.

Estimated property value in Brook Street, Worcester, WR1 is £121,408. Average asking price is £179,965 while average price paid is £84,968 which is up by £9,140 and Avg. asking rent £816.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 Brook Street, Worcester, WR1 area. In last 1 year alone average price buyer paid is around £84,968 based on approximately 8 sales in Brook Street, Worcester, WR1 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £81,926. 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 £86,990 for 26 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £90,957 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 £185,000, £162,367 for a 2 bedroom house, £209,265 for a 3 bedroom house, £261,250 for a 4 bedroom house and £369,975 for a 5 bedroom house. For a flat similarly the prices varies from £95,583 for a single bedroom to £158,378 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £110,000 and £160,000 for a 5 bedroom flat. To sum up the asking prices for properties in Brook Street, Worcester, WR1 it comes to around average £98,292 for 1 bedroom property, £159,989 for 2 bedroom, £192,721 for 3 bedroom, £261,250 for 4 bedroom and £299,983 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 £379 for 1 bedroom to £620 for 2 bedrooms, £737 for 3 bedrooms, £659 for 4 bedrooms and £1,143 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £450. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £647 and £750 for 3 bedroom. You should be generally be expecting around average £432 rent per month for single bedroom property, £641 for 2 bedroom, £738 for 3 bedroom, £659 for 4 bedroom and approximately £1,143 for a 5 bedroom property in Brook Street, Worcester, WR1 area.

Popular Houses in Brook Street, Worcester, WR1

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 Brook Street, Worcester, WR1