Values have been changing and have risen £731 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,172 in last 6 months, £8,700 in last 1 year, £14,059 in last 2 years, £16,540 in last 3 years, £14,547 in last 4 years and £15,766 in last 5 years.
Currently average asking price of a property in Edward Close, Worcester, WR5 is around £243,829 based on approximately 2 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 Edward Close, Worcester, WR5 is £142,011. Average asking price is £243,829 while average price paid is £141,250 which is up by £8,700 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 Edward Close, Worcester, WR5 area. In last 1 year alone average price buyer paid is around £141,250 based on approximately 2 sales in Edward Close, Worcester, WR5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £145,125. 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 £145,125 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £138,100 per sale.