Average Price for property in Rainbow Hill, Worcester, WR3 is around £172,267 which varies based on type of property you are interested in and ranges from £308,606 for detached house to around £216,525 for semi-detached. Similarly terraced house is around £164,625 and a flat is worth £99,781. Values have been changing and have risen £427 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £128 in last 6 months, £9,553 in last 1 year, £18,313 in last 2 years, £18,518 in last 3 years, £18,820 in last 4 years and £17,654 in last 5 years.
Currently average asking price of a property in Rainbow Hill, Worcester, WR3 is around £242,489 based on approximately 4 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £784 per month.
Estimated property value in Rainbow Hill, Worcester, WR3 is £172,267. Average asking price is £242,489 while average price paid is £144,000 which is up by £9,553 and Avg. asking rent £784.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 Rainbow Hill, Worcester, WR3 area. In last 1 year alone average price buyer paid is around £144,000 based on approximately 4 sales in Rainbow Hill, Worcester, WR3 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £115,571. 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 £125,246 for 13 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £120,719 per sale.