Average Price for property in Somers Road, Malvern, WR14 is around £365,283 which varies based on type of property you are interested in and ranges from £430,501 for detached house to around £441,939 for semi-detached. Similarly flat is around £139,917. Values have been changing and have risen £3,648 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,829 in last 6 months, £26,674 in last 1 year, £41,940 in last 2 years, £47,109 in last 3 years, £48,188 in last 4 years and £38,676 in last 5 years.
Currently average asking price of a property in Somers Road, Malvern, WR14 is around £247,778 based on approximately 6 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £671 per month.
Estimated property value in Somers Road, Malvern, WR14 is £365,283. Average asking price is £247,778 while average price paid is £323,500 which is up by £26,674 and Avg. asking rent £671.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 Somers Road, Malvern, WR14 area. In last 1 year alone average price buyer paid is around £323,500 based on approximately 6 sales in Somers Road, Malvern, WR14 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £308,500. 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 £311,559 for 16 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £310,188 per sale.