Values have been changing and have risen £1,092 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,740 in last 6 months, £11,174 in last 1 year, £17,718 in last 2 years, £19,220 in last 3 years, £18,321 in last 4 years and £16,433 in last 5 years.
Currently average asking price of a property in Watery Lane, Worcester, WR2 is around £279,112 based on approximately 6 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £704 per month.
Estimated property value in Watery Lane, Worcester, WR2 is £160,098. Average asking price is £279,112 while average price paid is £154,025 which is up by £11,174 and Avg. asking rent £704.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 Watery Lane, Worcester, WR2 area. In last 1 year alone average price buyer paid is around £154,025 based on approximately 6 sales in Watery Lane, Worcester, WR2 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £153,735. 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 £154,833 for 18 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £154,842 per sale.