Average Price for property in Worcester is around £241,336 which varies based on type of property you are interested in and ranges from £345,652 for detached house to around £206,425 for semi-detached. Similarly terraced house is around £171,429 and a flat is worth £141,170. Values have been changing and have risen £1,188 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £847 in last 6 months, £11,249 in last 1 year, £23,370 in last 2 years, £26,613 in last 3 years, £21,567 in last 4 years and £27,949 in last 5 years.
Currently average asking price of a property in Worcester is around £286,254 based on approximately 1,971 properties for sale. Same is the case with rental options based on 459 properties up for rent, average asking rent is around £785 per month.
Estimated property value in Worcester is £241,336. Average asking price is £286,254 while average price paid is £214,767 which is up by £11,249 and Avg. asking rent £785.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 Worcester area. In last 1 year alone average price buyer paid is around £214,767 based on approximately 1,971 sales in Worcester area alone. If you compare it to last 3 years sales of 5,657 properties where buyers paid around £204,098. 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 £204,738 for 8,978 and average amount paid for purchase of approx. 12,229 properties sold in last 7 years comes to about £202,377 per sale.