Mill Lane, Radford, Worcester, WR7

Street Guide For Mill Lane, Radford, Worcester, WR7

 

Mill Lane, Radford, Worcester, WR7 Map

Estimated Price: £497,572
Average Asking Price: £456,612
Price change in last one year: £33,337
Average Price Paid: £367,250
Average Rent Rates: £907

 

Property Prices Breakdown in Mill Lane, Radford, Worcester, WR7

Average Price for property in Mill Lane, Radford, Worcester, WR7 is around £497,572 which varies based on type of property you are interested in and ranges from £516,200 for detached house to around £367,175 for semi-detached. Values have been changing and have risen £2,761 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,512 in last 6 months, £33,337 in last 1 year, £54,864 in last 2 years, £58,482 in last 3 years, £56,474 in last 4 years and £51,534 in last 5 years.

Currently average asking price of a property in Mill Lane, Radford, Worcester, WR7 is around £456,612 based on approximately 1 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £907 per month.

Estimated property value in Mill Lane, Radford, Worcester, WR7 is £497,572. Average asking price is £456,612 while average price paid is £402,000 which is up by £33,337 and Avg. asking rent £907.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 Mill Lane, Radford, Worcester, WR7 area. In last 1 year alone average price buyer paid is around £402,000 based on approximately 1 sales in Mill Lane, Radford, Worcester, WR7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £402,000. 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 £367,250 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £353,166 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 2 bedroom is around £141,769, £412,245 for a 3 bedroom house, £442,990 for a 4 bedroom house and £831,000 for a 5 bedroom house. To sum up the asking prices for properties in Mill Lane, Radford, Worcester, WR7 it comes to around average £141,769 for 2 bedroom property, £412,245 for 3 bedroom, £442,990 for 4 bedroom and £831,000 for 5 bedroom.

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 £740 for 2 bedroom to £898 for 3 bedroom and £598 for 4 bedroom. You should be generally be expecting around average £740 rent per month for 2 bedroom property, £898 for 3 bedroom and approximately £598 for 4 bedroom property in Mill Lane, Radford, Worcester, WR7 area.

Popular Houses in Mill Lane, Radford, Worcester, WR7

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 Mill Lane, Radford, Worcester, WR7