Severn Stoke, Worcester, WR8

Street Guide For Severn Stoke, Worcester, WR8

 

Severn Stoke, Worcester, WR8 Map

Estimated Price: £382,915
Average Asking Price: £365,273
Price change in last one year: £25,437
Average Price Paid: £261,250
Average Rent Rates: £813

 

Property Prices Breakdown in Severn Stoke, Worcester, WR8

Average Price for property in Severn Stoke, Worcester, WR8 is around £382,915 which varies based on type of property you are interested in and ranges from £407,937 for detached house to around £334,473 for semi-detached. Similarly terraced house is around £315,541. Values have been changing and have risen £1,881 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,737 in last 6 months, £25,437 in last 1 year, £41,949 in last 2 years, £44,869 in last 3 years, £42,451 in last 4 years and £38,033 in last 5 years.

Currently average asking price of a property in Severn Stoke, Worcester, WR8 is around £365,273 based on approximately 1 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £813 per month.

Estimated property value in Severn Stoke, Worcester, WR8 is £382,915. Average asking price is £365,273 while average price paid is £310,000 which is up by £25,437 and Avg. asking rent £813.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 Severn Stoke, Worcester, WR8 area. In last 1 year alone average price buyer paid is around £310,000 based on approximately 1 sales in Severn Stoke, Worcester, WR8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £310,000. 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 £261,250 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £261,250 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 £197,779, £265,235 for a 3 bedroom house, £428,996 for a 4 bedroom house and £495,000 for a 5 bedroom house. For a flat similarly the prices varies from £80,000 for a single bedroom to £99,500 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £750,000. To sum up the asking prices for properties in Severn Stoke, Worcester, WR8 it comes to around average £80,000 for 1 bedroom property, £191,227 for 2 bedroom, £285,433 for 3 bedroom, £428,996 for 4 bedroom and £495,000 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 £874 for 2 bedroom to £1,508 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £448. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £542. You should be generally be expecting around average £448 rent per month for single bedroom property, £750 for 2 bedroom and approximately £1,508 for 3 bedroom property in Severn Stoke, Worcester, WR8 area.

Popular Houses in Severn Stoke, Worcester, WR8

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 Severn Stoke, Worcester, WR8