The Ridgeway, Droitwich, WR9

Street Guide For The Ridgeway, Droitwich, WR9

 
 

The Ridgeway, Droitwich, WR9 Map

Estimated Price: £190,060
Average Asking Price: £288,951
Price change in last one year: £11,756
Average Price Paid: £187,000
Average Rent Rates: £1,113

AP Morgan Estate Agents
4 Worcester Road, Bromsgrove, B61 7AE

Free House valuation

 

Property Prices Breakdown in The Ridgeway, Droitwich, WR9

Average Price for property in The Ridgeway, Droitwich, WR9 is around £190,060 which varies based on type of property you are interested in and ranges from £187,122 for semi-detached to around £213,564 for terraced house. Values have been changing and have risen £946 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,859 in last 6 months, £11,756 in last 1 year, £17,648 in last 2 years, £20,358 in last 3 years, £18,762 in last 4 years and £19,689 in last 5 years.

Currently average asking price of a property in The Ridgeway, Droitwich, WR9 is around £288,951 based on approximately 1 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,113 per month.

Estimated property value in The Ridgeway, Droitwich, WR9 is £190,060. Average asking price is £288,951 while average price paid is £192,000 which is up by £11,756 and Avg. asking rent £1,113.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 The Ridgeway, Droitwich, WR9 area. In last 1 year alone average price buyer paid is around £192,000 based on approximately 1 sales in The Ridgeway, Droitwich, WR9 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £187,000. 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 £187,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £187,000 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 £123,750, £171,156 for a 2 bedroom house, £210,198 for a 3 bedroom house, £382,596 for a 4 bedroom house and £472,331 for a 5 bedroom house. For a flat similarly the prices varies from £144,544 for a single bedroom to £149,743 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £350,000. To sum up the asking prices for properties in The Ridgeway, Droitwich, WR9 it comes to around average £140,385 for 1 bedroom property, £158,844 for 2 bedroom, £213,051 for 3 bedroom, £382,596 for 4 bedroom and £472,331 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 £514 for 1 bedroom to £789 for 2 bedroom, £860 for 3 bedroom and £889 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £524. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £574. You should be generally be expecting around average £518 rent per month for single bedroom property, £681 for 2 bedroom, £860 for 3 bedroom and approximately £889 for 4 bedroom property in The Ridgeway, Droitwich, WR9 area.

Popular Houses in The Ridgeway, Droitwich, WR9

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 The Ridgeway, Droitwich, WR9