Average Price for property in Worcestershire is around £227,785 which varies based on type of property you are interested in and ranges from £327,569 for detached house to around £190,271 for semi-detached. Similarly terraced house is around £153,512 and a flat is worth £128,564. Values have been changing and have risen £687 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,172 in last 6 months, £12,948 in last 1 year, £25,687 in last 2 years, £28,112 in last 3 years, £23,032 in last 4 years and £21,706 in last 5 years.
Currently average asking price of a property in Worcestershire is around £285,889 based on approximately 7,607 properties for sale. Same is the case with rental options based on 1,089 properties up for rent, average asking rent is around £1,278 per month.
Estimated property value in Worcestershire is £227,785. Average asking price is £285,889 while average price paid is £209,482 which is up by £12,948 and Avg. asking rent £1,278.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 Worcestershire area. In last 1 year alone average price buyer paid is around £209,482 based on approximately 7,607 sales in Worcestershire area alone. If you compare it to last 3 years sales of 21,400 properties where buyers paid around £202,630. 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 £202,531 for 33,752 and average amount paid for purchase of approx. 44,534 properties sold in last 7 years comes to about £201,182 per sale.