Average Price for property in Hospital Lane, Powick, Worcester, WR2 is around £308,234 which varies based on type of property you are interested in and ranges from £353,438 for detached house to around £232,391 for semi-detached. Similarly terraced house is around £392,871. Values have been changing and have risen £2,102 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,349 in last 6 months, £21,511 in last 1 year, £34,106 in last 2 years, £36,994 in last 3 years, £35,253 in last 4 years and £31,618 in last 5 years.
Currently average asking price of a property in Hospital Lane, Powick, Worcester, WR2 is around £279,112 based on approximately 1 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £704 per month.
Estimated property value in Hospital Lane, Powick, Worcester, WR2 is £308,234. Average asking price is £279,112 while average price paid is £210,000 which is up by £21,511 and Avg. asking rent £704.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 Hospital Lane, Powick, Worcester, WR2 area. In last 1 year alone average price buyer paid is around £210,000 based on approximately 1 sales in Hospital Lane, Powick, Worcester, WR2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £206,800. 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 £207,333 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £207,333 per sale.