Average Price for property in The Ridgeway, Worcester, WR5 is around £248,989 which varies based on type of property you are interested in and ranges from £281,478 for detached house to around £216,500 for semi-detached. Values have been changing and have risen £1,280 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,052 in last 6 months, £15,249 in last 1 year, £24,642 in last 2 years, £28,990 in last 3 years, £25,489 in last 4 years and £27,621 in last 5 years.
Currently average asking price of a property in The Ridgeway, 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 The Ridgeway, Worcester, WR5 is £248,989. Average asking price is £243,829 while average price paid is £207,000 which is up by £15,249 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 The Ridgeway, Worcester, WR5 area. In last 1 year alone average price buyer paid is around £207,000 based on approximately 1 sales in The Ridgeway, Worcester, WR5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £180,670. 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 £184,764 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £184,764 per sale.