House Prices in WR7 House Prices in WR7 (Worcester)

The average house price in WR7 (Worcester) is £290,000 using HM Land Registry data.

The average property price increased by £254,896 (14.49%) over the last 5 years and increased by £51,073 (2.37%) over the last 12 months.

Over the last year, there were 36 residential property sales – a decrease of 32 transactions (-88.89%) relative to the previous year. The majority of house sales (8) were in the £616,000 - £728,000 range. Then came properties in the £280,000 - £392,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,833 (-1%).

In Oct 24, there were 16 new estate agency instructions, 10 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in WR7 (Worcester)

14.49%

Property prices in Worcester increased by 14.49% 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 WR7 (Worcester) Over the Last Year

2.37%

Property prices in Worcester increased by 2.37% 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 WR7 (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 WR7 (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 WR7 (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 WR7 (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 WR7 (Worcester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WR7 postcode area since 1995.

Recent Sales in WR7 (Worcester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 Pepper Street, Inkberrow, Worcester, Worcestershire, WR7 4EJ£750,000£745,000-£5,00011 Sep 202310 May 2024242 Days
7 Bourne Close, Kington, Worcester, Worcestershire, WR7 4LF£525,000£520,000-£5,00005 May 202325 Mar 2024325 Days
20 Barley Meadows, Inkberrow, Worcester, Worcestershire, WR7 4DR£525,000£510,000-£15,00021 Sep 202312 Mar 2024173 Days
3 Meadow Close, Kington, Worcester, Worcestershire, WR7 4DE£285,000£285,000£0027 Sep 202330 Jan 2024125 Days
The Hayes, Bishampton Road, Flyford Flavell, Worcester, Worcestershire, WR7 4BT£775,000£775,000£0010 Oct 202329 Jan 2024111 Days
Shereford, Stonepit Lane, Inkberrow, Worcester, Worcestershire, WR7 4ED£675,000£665,000-£10,00023 Jun 202329 Jan 2024220 Days
Hedgerow, Froxmere Road, Crowle, Worcester, Worcestershire, WR7 4AL£550,000£535,000-£15,00019 Jul 202312 Jan 2024177 Days
Four Winds, Stonepit Lane, Inkberrow, Worcester, Worcestershire, WR7 4ED£575,000£567,000-£8,00002 Aug 202329 Nov 2023119 Days
4 Pepper Street, Inkberrow, Worcester, Worcestershire, WR7 4EJ£650,000£640,000-£10,00017 Feb 202313 Nov 2023269 Days
Deneside, Cockshot Lane, Kington, Worcester, Worcestershire, WR7 4DN£350,000£345,000-£5,00021 Aug 202331 Oct 202371 Days
1 Claverton Estate, Stoulton, Worcester, Worcestershire, WR7 4RH£350,000£345,000-£5,00025 May 202312 Oct 2023140 Days
Meadows, Stonepit Lane, Inkberrow, Worcester, Worcestershire, WR7 4ED£625,000£620,000-£5,00018 May 202306 Oct 2023141 Days
3 Meadow Close, Kington, Worcester, Worcestershire, WR7 4DE£285,000£260,000-£25,00005 Jun 202315 Sep 2023102 Days
Perry Lodge, Old Hill, Flyford Flavell, Worcester, Worcestershire, WR7 4DA£1,000,000£950,000-£50,00001 Apr 202331 Aug 2023152 Days
Downalong, Box Bush Drive, Stoulton, Worcester, Worcestershire, WR7 4RG£750,000£750,000£0025 Apr 202325 Aug 2023122 Days
Blenheim, Netherwood Lane, Crowle, Worcester, Worcestershire, WR7 4AB£450,000£450,000£0010 May 202328 Jul 202379 Days
19 Pepper Street, Inkberrow, Worcester, Worcestershire, WR7 4EJ£550,000£521,000-£29,00021 Feb 202330 Jun 2023129 Days
Church Garth, Radford Road, Flyford Flavell, Worcester, Worcestershire, WR7 4BS£675,000£660,000-£15,00008 Mar 202323 Jun 2023107 Days
29 Midsummer Meadow, Inkberrow, Worcester, Worcestershire, WR7 4HD£375,000£372,000-£3,00027 Feb 202310 May 202372 Days
The Highlands, New Road, Grafton Flyford, Worcester, Worcestershire, WR7 4PP£810,000£810,000£0023 Nov 202228 Apr 2023156 Days

Most Expensive Streets in WR7 (Worcester)

PostcodeStreetAreaAverageNo. of Sales
WR7 4NAAbbots MortonWorcester£821,8754
WR7 4ATChurch Road, CrowleWorcester£803,7504
WR7 4LYAlcester Road, Abbots MortonWorcester£695,0003
WR7 4BTBishampton Road, Flyford FlavellWorcester£693,3333
WR7 4DAOld Hill, Flyford FlavellWorcester£675,5357
WR7 4RSManor Farm, StoultonWorcester£675,5004
WR7 4LTGooms Hill, Abbots MortonWorcester£628,3333
WR7 4EJPepper Street, InkberrowWorcester£615,8889
WR7 4PJGrafton FlyfordWorcester£615,7504
WR7 4DQKingtonWorcester£585,0003

Least Expensive Streets in WR7 (Worcester)

PostcodeStreetAreaAverageNo. of Sales
WR7 4RHClaverton Estate, StoultonWorcester£249,7504
WR7 4QGBerkeley Cottage, Edwards LaneWorcester£258,3333
WR7 4DEMeadow Close, KingtonWorcester£263,3333
WR7 4EGHigh House Drive, InkberrowWorcester£272,6666
WR7 4FBFlyford Green, Flyford FlavellWorcester£281,5003
WR7 4EQTuer Way, InkberrowWorcester£297,5006
WR7 4HGWindmill Lane, InkberrowWorcester£315,06710
WR7 4HBChurchway Piece, InkberrowWorcester£325,6663
WR7 4APFroxmere Close, CrowleWorcester£327,8336
WR7 4HDMidsummer Meadow, InkberrowWorcester£366,7229

Explore WR7 (Worcester) using map