Values have been changing and have risen £1,145 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,912 in last 6 months, £9,450 in last 1 year, £14,652 in last 2 years, £13,419 in last 3 years, £14,789 in last 4 years and £13,918 in last 5 years.
Currently average asking price of a property in Southfield Street, Worcester, WR1 is around £179,965 based on approximately 3 properties for sale. Same is the case with rental options based on 159 properties up for rent, average asking rent is around £816 per month.
Estimated property value in Southfield Street, Worcester, WR1 is £125,547. Average asking price is £179,965 while average price paid is £143,166 which is up by £9,450 and Avg. asking rent £816.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 Southfield Street, Worcester, WR1 area. In last 1 year alone average price buyer paid is around £143,166 based on approximately 3 sales in Southfield Street, Worcester, WR1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £119,332. 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 £122,607 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £126,469 per sale.