Values have been changing and have risen £2,038 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,183 in last 6 months, £16,822 in last 1 year, £26,080 in last 2 years, £23,881 in last 3 years, £26,313 in last 4 years and £24,758 in last 5 years.
Currently average asking price of a property in Surman Street, Worcester, WR1 is around £179,965 based on approximately 1 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 Surman Street, Worcester, WR1 is £223,529. Average asking price is £179,965 while average price paid is £142,000 which is up by £16,822 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 Surman Street, Worcester, WR1 area. In last 1 year alone average price buyer paid is around £142,000 based on approximately 1 sales in Surman Street, Worcester, WR1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £192,400. 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 £199,625 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £200,409 per sale.