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House Prices in WR4 House Prices in WR4 (Worcester)

The average house price in WR4 (Worcester) is £308,821 using HM Land Registry data.

The average property price increased by £53,365 (15.49%) over the last 5 years and increased by £10,692 (2.52%) over the last 12 months.

Over the last year, there were 214 residential property sales – a decrease of 82 transactions (-38.32%) relative to the previous year. The majority of house sales (52) were in the £204,000 - £248,000 range. Then came properties in the £160,000 - £204,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,157 (-3%).

In Oct 24, there were 47 new estate agency instructions, 41 agreed home sales and 25 property price reductions.

Nearby Postcodes: , B49, B50, B60, B61, B96, CV37, DY10, DY11, DY13, DY14, GL19, GL20, GL54, GL55, GL56, HR6, HR7, HR8, SY8, WR1, WR10, WR11, WR12, WR13, WR14, WR15, WR2, WR3, WR5, WR6, WR7, WR8, WR9, WR99

5-Year Average Property Prices in WR4 (Worcester)

15.49%

Property prices in Worcester increased by 15.49% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in WR4 (Worcester) Over the Last Year

2.52%

Property prices in Worcester increased by 2.52% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for WR4 (Worcester) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in WR4 (Worcester)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in WR4 (Worcester)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in WR4 (Worcester)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the WR4 (Worcester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WR4 postcode area since 1995.

Recent Sales in WR4 (Worcester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
83 Toftdale Green, Lyppard Bourne, Worcester, Worcestershire, WR4 0PE£289,000£280,500-£8,50025 Mar 202416 Aug 2024144 Days
2 Hoskyns Avenue, Worcester, Worcestershire, WR4 0LL£425,000£412,000-£13,00011 Mar 202414 Aug 2024156 Days
11 Penrith Close, Worcester, Worcestershire, WR4 9HZ£240,000£240,000£0023 Apr 202405 Aug 2024104 Days
3 Amroth Gardens, Berkeley Beverborne, Worcester, Worcestershire, WR4 0EP£290,000£280,000-£10,00020 Mar 202431 Jul 2024133 Days
32 Michael Tippet Drive, Worcester, Worcestershire, WR4 9EH£245,000£240,000-£5,00005 Feb 202430 Jul 2024176 Days
1 Tattersall, Worcester, Worcestershire, WR4 0PT£415,000£402,500-£12,50018 Mar 202426 Jul 2024130 Days
13 Hill Wood Close, Lyppard Hanford, Worcester, Worcestershire, WR4 0EZ£290,000£290,000£0018 Apr 202426 Jul 202499 Days
8 Blair Close, Berkeley Beverborne, Worcester, Worcestershire, WR4 0EG£385,000£381,000-£4,00016 Feb 202417 Jul 2024152 Days
27 Bridgnorth Row, Berkeley Beverborne, Worcester, Worcestershire, WR4 0QF£280,000£277,000-£3,00027 Mar 202415 Jul 2024110 Days
16 Quisters, Lyppard Hanford, Worcester, Worcestershire, WR4 0UT£290,000£278,000-£12,00028 Mar 202412 Jul 2024106 Days
6 Seven Acres, Home Meadow, Worcester, Worcestershire, WR4 0JD£450,000£440,000-£10,00010 Apr 202409 Jul 202490 Days
168 Tolladine Road, Worcester, Worcestershire, WR4 9QH£260,000£255,000-£5,00012 Jan 202409 Jul 2024179 Days
20 Don Road, Worcester, Worcestershire, WR4 9ET£280,000£270,000-£10,00002 Apr 202408 Jul 202497 Days
56 Grosmont Avenue, Worcester, Worcestershire, WR4 0RD£400,000£395,000-£5,00006 Feb 202428 Jun 2024143 Days
41 Maple Avenue, Worcester, Worcestershire, WR4 9RD£190,000£190,000£0003 Jan 202428 Jun 2024177 Days
1 Tamworth Avenue, Worcester, Worcestershire, WR4 0PY£365,000£361,000-£4,00024 Aug 202325 Jun 2024306 Days
2 Washbrook Close, Wall Meadow, Worcester, Worcestershire, WR4 0DD£380,000£377,000-£3,00016 Dec 202321 Jun 2024188 Days
13 Ronkswood Hill, Worcester, Worcestershire, WR4 9ER£300,000£290,000-£10,00007 Dec 202320 Jun 2024196 Days
48 Hoskyns Avenue, Worcester, Worcestershire, WR4 0LL£225,000£215,000-£10,00008 Feb 202417 Jun 2024130 Days
22 Sudgrove Close, Worcester, Worcestershire, WR4 9XS£115,000£114,000-£1,00025 Jan 202417 Jun 2024144 Days

Most Expensive Streets in WR4 (Worcester)

PostcodeStreetAreaAverageNo. of Sales
WR4 0PSTurbary AvenueWorcester£471,6663
WR4 0SNRockingham LaneWorcester£459,6663
WR4 0SHRipley GardensWorcester£438,3333
WR4 0NFWirlpiece AvenueWorcester£435,0003
WR4 0NSTavern OrchardWorcester£423,3005
WR4 0LHChilham PlaceWorcester£409,5003
WR4 0EGBlair Close, Berkeley BeverborneWorcester£405,3333
WR4 0HHTrotshill Lane WestWorcester£397,3333
WR4 0JJStotfield AvenueWorcester£392,5003
WR4 0QDBarass AvenueWorcester£389,7504

Least Expensive Streets in WR4 (Worcester)

PostcodeStreetAreaAverageNo. of Sales
WR4 9XHElkstone CloseWorcester£77,8333
WR4 9APTeme RoadWorcester£90,8333
WR4 9FHBridgewater House, Blackpole RoadWorcester£93,8754
WR4 9LWRandwick DriveWorcester£94,3333
WR4 9XRNorthleach CloseWorcester£94,8927
WR4 9ULLangdale CloseWorcester£103,7504
WR4 9XSSudgrove CloseWorcester£110,91612
WR4 9AWTeme RoadWorcester£115,0003
WR4 9AFAvon RoadWorcester£115,2857
WR4 9XJBrockhampton CloseWorcester£115,44910

Explore WR4 (Worcester) using map

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