Worcester Park

Area Guide For Worcester Park

Worcester Park is a suburban town in South West London, covering both the extreme Northwest of the London Borough of Sutton. The area was once part of the Great Park, which covered around 1100 acres and was adjacent to the Little Park that contained Nonsuch Palace of Henry VIII, both parks originally used as deer parks.

 
 

Worcester Park Map

Estimated Price: £468,714
Average Asking Price: £481,432
Price change in last one year: £48,619
Average Price Paid: £340,911
Average Rent Rates: £1,610

 
 

Property Prices Breakdown in Worcester Park

Average Price for property in Worcester Park is around £468,714 which varies based on type of property you are interested in and ranges from £693,009 for detached house to around £538,534 for semi-detached. Similarly terraced house is around £405,837 and a flat is worth £268,771. Values have been changing and have risen £5,014 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,065 in last 6 months, £48,619 in last 1 year, £87,198 in last 2 years, £95,339 in last 3 years, £99,894 in last 4 years and £96,050 in last 5 years.

Currently average asking price of a property in Worcester Park is around £481,432 based on approximately 443 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £1,610 per month.

Estimated property value in Worcester Park is £468,714. Average asking price is £481,432 while average price paid is £385,193 which is up by £48,619 and Avg. asking rent £1,610.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 Worcester Park area. In last 1 year alone average price buyer paid is around £385,193 based on approximately 443 sales in Worcester Park area alone. If you compare it to last 3 years sales of 1,385 properties where buyers paid around £351,685. 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 £340,911 for 2,248 and average amount paid for purchase of approx. 2,959 properties sold in last 7 years comes to about £329,928 per sale.

 
 

Properties For Sale in Worcester Park

 
 

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 2 bedroom is around £318,694, £469,034 for a 3 bedroom house, £635,574 for a 4 bedroom house and £793,911 for a 5 bedroom house. For a flat similarly the prices varies from £214,257 for a single bedroom to £278,871 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £290,000. To sum up the asking prices for properties in Worcester Park it comes to around average £214,257 for 1 bedroom property, £292,656 for 2 bedroom, £463,066 for 3 bedroom, £635,574 for 4 bedroom and £793,911 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 £650 for 1 bedroom to £1,301 for 2 bedrooms, £1,919 for 3 bedrooms, £2,150 for 4 bedrooms and £2,794 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £800. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,258. You should be generally be expecting around average £779 rent per month for single bedroom property, £1,265 for 2 bedroom, £1,919 for 3 bedroom, £2,150 for 4 bedroom and approximately £2,794 for a 5 bedroom property in Worcester Park area.

Popular Houses in Worcester Park

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.

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