Average Price for property in Medway Road, Worcester, WR5 is around £148,857 which varies based on type of property you are interested in and ranges from £147,242 for detached house to around £152,060 for semi-detached. Similarly terraced house is around £142,251 and a flat is worth £137,950. Values have been changing and have risen £765 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,227 in last 6 months, £9,117 in last 1 year, £14,735 in last 2 years, £17,334 in last 3 years, £15,244 in last 4 years and £16,520 in last 5 years.
Currently average asking price of a property in Medway Road, Worcester, WR5 is around £243,829 based on approximately 4 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £750 per month.
Estimated property value in Medway Road, Worcester, WR5 is £148,857. Average asking price is £243,829 while average price paid is £146,500 which is up by £9,117 and Avg. asking rent £750.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 Medway Road, Worcester, WR5 area. In last 1 year alone average price buyer paid is around £146,500 based on approximately 4 sales in Medway Road, Worcester, WR5 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £135,279. 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 £136,163 for 23 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £136,693 per sale.