Kidderminster

Area Guide For Kidderminster

Kidderminster is a town in the Wyre Forest locale of Worcestershire, England. It is placed pretty nearly 17 miles (27 km) south-west of Birmingham downtown area and roughly 15 miles (24 km) north of Worcester downtown area. The 2001 statistics recorded a populace of 55,182 in the town. The town is twinned with Husum, Germany and it structures most of the Wyre Forest Conurbation, a urban range of 99,000. Two line stations in the town have the same methodology street and are found under fifty meters separated. The primary Network Rail station worked by London Midland is Kidderminster, from where trains rushed to Birmingham, Worcester and London. The other station, Kidderminster Town, is the end of the protected Heritage Railway line, Severn Valley Railway from where trains raced to Bridgnorth.

 
 

Kidderminster Map

Estimated Price: £200,446
Average Asking Price: £266,803
Price change in last one year: £7,073
Average Price Paid: £177,169
Average Rent Rates: £685

 
 

Property Prices Breakdown in Kidderminster

Average Price for property in Kidderminster is around £200,446 which varies based on type of property you are interested in and ranges from £309,963 for detached house to around £168,405 for semi-detached. Similarly terraced house is around £131,204 and a flat is worth £105,872. Values have been changing and have risen £1,584 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,699 in last 6 months, £7,073 in last 1 year, £19,798 in last 2 years, £18,917 in last 3 years, £8,642 in last 4 years and £12,016 in last 5 years.

Currently average asking price of a property in Kidderminster is around £266,803 based on approximately 925 properties for sale. Same is the case with rental options based on 133 properties up for rent, average asking rent is around £685 per month.

Estimated property value in Kidderminster is £200,446. Average asking price is £266,803 while average price paid is £178,836 which is up by £7,073 and Avg. asking rent £685.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 Kidderminster area. In last 1 year alone average price buyer paid is around £178,836 based on approximately 925 sales in Kidderminster area alone. If you compare it to last 3 years sales of 2,573 properties where buyers paid around £175,919. 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 £177,169 for 4,014 and average amount paid for purchase of approx. 5,239 properties sold in last 7 years comes to about £176,550 per sale.

 
 

Properties For Sale in Kidderminster

 
 

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 £91,231, £137,223 for a 2 bedroom house, £209,677 for a 3 bedroom house, £331,954 for a 4 bedroom house and £468,685 for a 5 bedroom house. For a flat similarly the prices varies from £76,147 for a single bedroom to £110,140 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £229,950. To sum up the asking prices for properties in Kidderminster it comes to around average £80,788 for 1 bedroom property, £127,967 for 2 bedroom, £209,791 for 3 bedroom, £331,954 for 4 bedroom and £468,685 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 £394 for 1 bedroom to £512 for 2 bedrooms, £628 for 3 bedrooms, £1,037 for 4 bedrooms and £1,274 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £411. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £505, £416 for 3 bedroom and £628 for 4 bedroom. You should be generally be expecting around average £410 rent per month for single bedroom property, £509 for 2 bedroom, £620 for 3 bedroom, £955 for 4 bedroom and approximately £1,274 for a 5 bedroom property in Kidderminster area.

Popular Houses in Kidderminster

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.

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