Average Price for property in Wood Terrace, Worcester, WR1 is around £167,738 which varies based on type of property you are interested in and ranges from £226,656 for detached house to around £164,896 for semi-detached. Similarly terraced house is around £163,674. Values have been changing and have risen £1,529 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,889 in last 6 months, £12,625 in last 1 year, £19,572 in last 2 years, £17,924 in last 3 years, £19,751 in last 4 years and £18,585 in last 5 years.
Currently average asking price of a property in Wood Terrace, Worcester, WR1 is around £179,965 based on approximately 2 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 Wood Terrace, Worcester, WR1 is £167,738. Average asking price is £179,965 while average price paid is £159,000 which is up by £12,625 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 Wood Terrace, Worcester, WR1 area. In last 1 year alone average price buyer paid is around £159,000 based on approximately 2 sales in Wood Terrace, Worcester, WR1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £155,666. 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 £156,000 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £152,875 per sale.