Average Price for property in Spring Hill, Worcester, WR5 is around £118,872 which varies based on type of property you are interested in and ranges from £123,500 for terraced house to around £101,905 for a flat. Values have been changing and have risen £612 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £981 in last 6 months, £7,283 in last 1 year, £11,770 in last 2 years, £13,847 in last 3 years, £12,179 in last 4 years and £13,200 in last 5 years.
Currently average asking price of a property in Spring Hill, Worcester, WR5 is around £243,829 based on approximately 2 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £750 per month.
Estimated property value in Spring Hill, Worcester, WR5 is £118,872. Average asking price is £243,829 while average price paid is £125,000 which is up by £7,283 and Avg. asking rent £750.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 Spring Hill, Worcester, WR5 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 2 sales in Spring Hill, Worcester, WR5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £110,000. 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 £108,416 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £104,714 per sale.