Martley Road, Lower Broadheath, Worcester, WR2

Street Guide For Martley Road, Lower Broadheath, Worcester, WR2

 

Martley Road, Lower Broadheath, Worcester, WR2 Map

Estimated Price: £407,127
Average Asking Price: £281,480
Price change in last one year: £28,410
Average Price Paid: £255,950
Average Rent Rates: £756

 

Property Prices Breakdown in Martley Road, Lower Broadheath, Worcester, WR2

Average Price for property in Martley Road, Lower Broadheath, Worcester, WR2 is around £407,127 which varies based on type of property you are interested in and ranges from £443,735 for detached house to around £236,294 for semi-detached. Values have been changing and have risen £2,776 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,422 in last 6 months, £28,410 in last 1 year, £45,047 in last 2 years, £48,861 in last 3 years, £46,561 in last 4 years and £41,758 in last 5 years.

Currently average asking price of a property in Martley Road, Lower Broadheath, Worcester, WR2 is around £281,480 based on approximately 4 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £756 per month.

Estimated property value in Martley Road, Lower Broadheath, Worcester, WR2 is £407,127. Average asking price is £281,480 while average price paid is £226,875 which is up by £28,410 and Avg. asking rent £756.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 Martley Road, Lower Broadheath, Worcester, WR2 area. In last 1 year alone average price buyer paid is around £226,875 based on approximately 4 sales in Martley Road, Lower Broadheath, Worcester, WR2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £245,416. 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 £255,950 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £332,653 per sale.

 
 

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 £230,000, £187,046 for a 2 bedroom house, £229,306 for a 3 bedroom house, £345,135 for a 4 bedroom house and £465,856 for a 5 bedroom house. For a flat similarly the prices varies from £90,725 for a single bedroom to £144,495 for a 2 bedroom Flat. To sum up the asking prices for properties in Martley Road, Lower Broadheath, Worcester, WR2 it comes to around average £118,580 for 1 bedroom property, £175,849 for 2 bedroom, £229,306 for 3 bedroom, £345,135 for 4 bedroom and £465,856 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 £321 for 1 bedroom to £685 for 2 bedrooms, £884 for 3 bedrooms, £1,206 for 4 bedrooms and £517 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £487. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £635, £750 for 3 bedroom and £390 for 5 bedroom. You should be generally be expecting around average £369 rent per month for single bedroom property, £657 for 2 bedroom, £879 for 3 bedroom, £1,206 for 4 bedroom and approximately £504 for a 5 bedroom property in Martley Road, Lower Broadheath, Worcester, WR2 area.

Popular Houses in Martley Road, Lower Broadheath, Worcester, WR2

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 Martley Road, Lower Broadheath, Worcester, WR2