Average Price for property in Springfield Road, Worcester, WR5 is around £189,410 which varies based on type of property you are interested in and ranges from £180,370 for detached house to around £198,450 for semi-detached. Values have been changing and have risen £973 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,561 in last 6 months, £11,600 in last 1 year, £18,748 in last 2 years, £22,056 in last 3 years, £19,395 in last 4 years and £21,019 in last 5 years.
Currently average asking price of a property in Springfield Road, Worcester, WR5 is around £243,829 based on approximately 1 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 Springfield Road, Worcester, WR5 is £189,410. Average asking price is £243,829 while average price paid is £180,000 which is up by £11,600 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 Springfield Road, Worcester, WR5 area. In last 1 year alone average price buyer paid is around £180,000 based on approximately 1 sales in Springfield Road, Worcester, WR5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £177,500. 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 £170,357 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £165,181 per sale.