Hook Bank, Hanley Castle, Worcester, WR8

Street Guide For Hook Bank, Hanley Castle, Worcester, WR8

 

Hook Bank, Hanley Castle, Worcester, WR8 Map

Estimated Price: £438,901
Average Asking Price: £365,273
Price change in last one year: £29,156
Average Price Paid: £368,000
Average Rent Rates: £813

 

Property Prices Breakdown in Hook Bank, Hanley Castle, Worcester, WR8

Average Price for property in Hook Bank, Hanley Castle, Worcester, WR8 is around £438,901 e.g. average price for detached house is around 438,901. Values have been changing and have risen £2,156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,283 in last 6 months, £29,156 in last 1 year, £48,080 in last 2 years, £51,426 in last 3 years, £48,655 in last 4 years and £43,589 in last 5 years.

Currently average asking price of a property in Hook Bank, Hanley Castle, Worcester, WR8 is around £365,273 based on approximately 0 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £813 per month.

Estimated property value in Hook Bank, Hanley Castle, Worcester, WR8 is £438,901. Average asking price is £365,273 while average price paid is £368,000 which is up by £43,589 and Avg. asking rent £813.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 Hook Bank, Hanley Castle, Worcester, WR8 area. In last 5 years alone average price buyer paid is around £368,000 based on approximately 2 sales in Hook Bank, Hanley Castle, Worcester, WR8 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £368,000.

 
 

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 2 bedroom is around £197,779, £265,235 for a 3 bedroom house, £428,996 for a 4 bedroom house and £495,000 for a 5 bedroom house. For a flat similarly the prices varies from £80,000 for a single bedroom to £99,500 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £750,000. To sum up the asking prices for properties in Hook Bank, Hanley Castle, Worcester, WR8 it comes to around average £80,000 for 1 bedroom property, £191,227 for 2 bedroom, £285,433 for 3 bedroom, £428,996 for 4 bedroom and £495,000 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 £874 for 2 bedroom to £1,508 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £402. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £542. You should be generally be expecting around average £402 rent per month for single bedroom property, £750 for 2 bedroom and approximately £1,508 for 3 bedroom property in Hook Bank, Hanley Castle, Worcester, WR8 area.

Popular Houses in Hook Bank, Hanley Castle, Worcester, WR8

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 Hook Bank, Hanley Castle, Worcester, WR8