Average Price for property in Reservoir Lane, Worcester, WR3 is around £180,719 e.g. average price for semi-detached is around 180,719. Values have been changing and have risen £448 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £133 in last 6 months, £10,020 in last 1 year, £19,206 in last 2 years, £19,420 in last 3 years, £19,738 in last 4 years and £18,514 in last 5 years.
Currently average asking price of a property in Reservoir Lane, Worcester, WR3 is around £242,489 based on approximately 2 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 Reservoir Lane, Worcester, WR3 is £180,719. Average asking price is £242,489 while average price paid is £158,500 which is up by £10,020 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 Reservoir Lane, Worcester, WR3 area. In last 1 year alone average price buyer paid is around £158,500 based on approximately 2 sales in Reservoir Lane, Worcester, WR3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £158,500. 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 £158,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £155,083 per sale.