Cedar Avenue, Worcester, WR4

Street Guide For Cedar Avenue, Worcester, WR4

 

Cedar Avenue, Worcester, WR4 Map

Estimated Price: £139,469
Average Asking Price: £179,190
Price change in last one year: £9,755
Average Price Paid: £125,300
Average Rent Rates: £793

 

Property Prices Breakdown in Cedar Avenue, Worcester, WR4

Average Price for property in Cedar Avenue, Worcester, WR4 is around £139,469 e.g. average price for semi-detached is around 139,469. Values have been changing and have risen £1,035 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,514 in last 6 months, £9,755 in last 1 year, £14,809 in last 2 years, £15,713 in last 3 years, £15,355 in last 4 years and £14,848 in last 5 years.

Currently average asking price of a property in Cedar Avenue, Worcester, WR4 is around £179,190 based on approximately 2 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £793 per month.

Estimated property value in Cedar Avenue, Worcester, WR4 is £139,469. Average asking price is £179,190 while average price paid is £123,750 which is up by £9,755 and Avg. asking rent £793.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 Cedar Avenue, Worcester, WR4 area. In last 1 year alone average price buyer paid is around £123,750 based on approximately 2 sales in Cedar Avenue, Worcester, WR4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £125,166. 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 £125,300 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £116,500 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 £106,667, £156,400 for a 2 bedroom house, £167,648 for a 3 bedroom house, £282,924 for a 4 bedroom house and £302,500 for a 5 bedroom house. For a flat similarly the prices varies from £73,062 for a single bedroom to £96,667 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £100,000. To sum up the asking prices for properties in Cedar Avenue, Worcester, WR4 it comes to around average £82,227 for 1 bedroom property, £147,440 for 2 bedroom, £166,074 for 3 bedroom, £282,924 for 4 bedroom and £302,500 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 £417 for 1 bedroom to £645 for 2 bedroom, £753 for 3 bedroom and £1,006 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £454. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £570. You should be generally be expecting around average £443 rent per month for single bedroom property, £616 for 2 bedroom, £754 for 3 bedroom and approximately £1,006 for 4 bedroom property in Cedar Avenue, Worcester, WR4 area.

Popular Houses in Cedar Avenue, Worcester, WR4

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 Cedar Avenue, Worcester, WR4