Oldbury Road, Worcester, WR2

Street Guide For Oldbury Road, Worcester, WR2

 

Oldbury Road, Worcester, WR2 Map

Estimated Price: £206,527
Average Asking Price: £279,112
Price change in last one year: £14,415
Average Price Paid: £185,187
Average Rent Rates: £704

 

Property Prices Breakdown in Oldbury Road, Worcester, WR2

Average Price for property in Oldbury Road, Worcester, WR2 is around £206,527 which varies based on type of property you are interested in and ranges from £272,990 for detached house to around £178,948 for semi-detached. Similarly terraced house is around £161,025 and a flat is worth £243,733. Values have been changing and have risen £1,410 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,245 in last 6 months, £14,415 in last 1 year, £22,856 in last 2 years, £24,795 in last 3 years, £23,630 in last 4 years and £21,197 in last 5 years.

Currently average asking price of a property in Oldbury Road, Worcester, WR2 is around £279,112 based on approximately 3 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £704 per month.

Estimated property value in Oldbury Road, Worcester, WR2 is £206,527. Average asking price is £279,112 while average price paid is £168,666 which is up by £14,415 and Avg. asking rent £704.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 Oldbury Road, Worcester, WR2 area. In last 1 year alone average price buyer paid is around £168,666 based on approximately 3 sales in Oldbury Road, Worcester, WR2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £175,750. 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 £185,187 for 16 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £194,347 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, £227,848 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 Oldbury Road, Worcester, WR2 it comes to around average £118,580 for 1 bedroom property, £175,849 for 2 bedroom, £227,848 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, £1,230 for 4 bedrooms and £497 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, £1,230 for 4 bedroom and approximately £488 for a 5 bedroom property in Oldbury Road, Worcester, WR2 area.

Popular Houses in Oldbury Road, 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 Oldbury Road, Worcester, WR2