Worcestershire

Area Guide For Worcestershire

Worcestershire is a non-metropolitan county in the West Midlands region of England. The county is steeped in history, boasts miles of the great outdoors across rolling countryside and winding waterways and it’s a great place for family fun, inspirational arts and culture as well as some fantastic locally sourced food and drink served in abundance across the county. Worcestershire is known for its many heritage and gardens, including historic houses, museums, two arboreta and Britain’s premier steam railway.

 
 

Worcestershire Map

Estimated Price: £227,785
Average Asking Price: £285,889
Price change in last one year: £12,948
Average Price Paid: £202,531
Average Rent Rates: £1,278

 
 

Property Prices Breakdown in Worcestershire

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.

 
 

Properties For Sale in Worcestershire

 
 

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 1 bedroom is around £111,502, £172,742 for a 2 bedroom house, £233,073 for a 3 bedroom house, £355,529 for a 4 bedroom house and £523,207 for a 5 bedroom house. For a flat similarly the prices varies from £101,229 for a single bedroom to £135,591 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £243,450 and £160,000 for a 5 bedroom flat. To sum up the asking prices for properties in Worcestershire it comes to around average £103,735 for 1 bedroom property, £158,580 for 2 bedroom, £233,324 for 3 bedroom, £355,529 for 4 bedroom and £521,700 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 £407 for 1 bedroom to £636 for 2 bedrooms, £788 for 3 bedrooms, £1,044 for 4 bedrooms and £837 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £458. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £593, £659 for 3 bedroom, £613 for 4 bedroom and around £390 for 5 bedroom flat. You should be generally be expecting around average £442 rent per month for single bedroom property, £614 for 2 bedroom, £782 for 3 bedroom, £1,032 for 4 bedroom and approximately £819 for a 5 bedroom property in Worcestershire area.

Popular Houses in Worcestershire

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.

Sold Properties in Worcestershire

Areas in and around Worcestershire