Spring Meadow, Lyppard Hanford, Worcester, WR4

Street Guide For Spring Meadow, Lyppard Hanford, Worcester, WR4

 

Spring Meadow, Lyppard Hanford, Worcester, WR4 Map

Estimated Price: £178,097
Average Asking Price: £180,340
Price change in last one year: £12,455
Average Price Paid: £146,500
Average Rent Rates: £794

 

Property Prices Breakdown in Spring Meadow, Lyppard Hanford, Worcester, WR4

Average Price for property in Spring Meadow, Lyppard Hanford, Worcester, WR4 is around £178,097 which varies based on type of property you are interested in and ranges from £261,132 for detached house to around £162,176 for semi-detached. Similarly terraced house is around £170,506. Values have been changing and have risen £1,321 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,210 in last 6 months, £12,455 in last 1 year, £18,907 in last 2 years, £20,062 in last 3 years, £19,601 in last 4 years and £18,952 in last 5 years.

Currently average asking price of a property in Spring Meadow, Lyppard Hanford, Worcester, WR4 is around £180,340 based on approximately 1 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £794 per month.

Estimated property value in Spring Meadow, Lyppard Hanford, Worcester, WR4 is £178,097. Average asking price is £180,340 while average price paid is £146,500 which is up by £12,455 and Avg. asking rent £794.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 Meadow, Lyppard Hanford, Worcester, WR4 area. In last 1 year alone average price buyer paid is around £146,500 based on approximately 1 sales in Spring Meadow, Lyppard Hanford, Worcester, WR4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £146,500. 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 £146,500 for 1 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £167,166 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 1 bedroom is around £106,667, £156,400 for a 2 bedroom house, £167,648 for a 3 bedroom house, £280,319 for a 4 bedroom house and £302,500 for a 5 bedroom house. For a flat similarly the prices varies from £73,062 for a single bedroom to £96,667 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £100,000. To sum up the asking prices for properties in Spring Meadow, Lyppard Hanford, Worcester, WR4 it comes to around average £82,227 for 1 bedroom property, £147,440 for 2 bedroom, £166,074 for 3 bedroom, £280,319 for 4 bedroom and £302,500 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 £417 for 1 bedroom to £645 for 2 bedroom, £761 for 3 bedroom and £1,006 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £454. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £570. You should be generally be expecting around average £443 rent per month for single bedroom property, £614 for 2 bedroom, £761 for 3 bedroom and approximately £1,006 for 4 bedroom property in Spring Meadow, Lyppard Hanford, Worcester, WR4 area.

Popular Houses in Spring Meadow, Lyppard Hanford, Worcester, WR4

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 Spring Meadow, Lyppard Hanford, Worcester, WR4