Average Price for property in Mortlake Avenue, Worcester, WR5 is around £215,221 which varies based on type of property you are interested in and ranges from £301,277 for detached house to around £200,099 for semi-detached. Similarly terraced house is around £173,986. Values have been changing and have risen £1,106 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,774 in last 6 months, £13,181 in last 1 year, £21,299 in last 2 years, £25,055 in last 3 years, £22,029 in last 4 years and £23,874 in last 5 years.
Currently average asking price of a property in Mortlake Avenue, Worcester, WR5 is around £243,829 based on approximately 1 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 Mortlake Avenue, Worcester, WR5 is £215,221. Average asking price is £243,829 while average price paid is £190,000 which is up by £13,181 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 Mortlake Avenue, Worcester, WR5 area. In last 1 year alone average price buyer paid is around £190,000 based on approximately 1 sales in Mortlake Avenue, Worcester, WR5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £233,250. 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 £182,333 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £184,750 per sale.