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House Prices in WR8 House Prices in WR8 (Worcester)

The average house price in WR8 (Worcester) is £405,000 using HM Land Registry data.

The average property price increased by £104,527 (44.3%) over the last 5 years and increased by £20,944 (5.95%) over the last 12 months.

Over the last year, there were 66 residential property sales – a decrease of 41 transactions (-62.12%) relative to the previous year. The majority of house sales (17) were in the £290,000 - £370,000 range. Then came properties in the £370,000 - £450,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,500 (-2%).

In Oct 24, there were 24 new estate agency instructions, 19 agreed home sales and 25 property price reductions.

Nearby Postcodes: B49, B96, GL19, GL20, GL51, GL52, GL54, HR8, WR1, WR10, WR11, WR13, WR14, WR2, WR4, WR5, WR6, WR7, WR9

5-Year Average Property Prices in WR8 (Worcester)

44.3%

Property prices in Worcester increased by 44.3% 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 WR8 (Worcester) Over the Last Year

5.95%

Property prices in Worcester increased by 5.95% 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 WR8 (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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 WR8 (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 WR8 (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 WR8 (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 WR8 (Worcester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WR8 postcode area since 1995.

Recent Sales in WR8 (Worcester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
33 Gardens Walk, Upton Upon Severn, Worcester, Worcestershire, WR8 0JW£219,500£215,000-£4,50022 Apr 202416 Aug 2024116 Days
2a, Minge Lane, Upton Upon Severn, Worcester, Worcestershire, WR8 0NL£430,000£405,000-£25,00022 Feb 202422 Jul 2024151 Days
19 New Street, Upton Upon Severn, Worcester, Worcestershire, WR8 0HP£199,950£187,500-£12,45026 Oct 202327 Jun 2024245 Days
Orchard House, Ryall Road, Ryall, Worcester, Worcestershire, WR8 0RH£575,000£555,000-£20,00007 Feb 202424 Jun 2024138 Days
Shieling, Gilberts End, Hanley Castle, Worcester, Worcestershire, WR8 0AS£625,000£605,000-£20,00026 Jul 202318 Jun 2024328 Days
23 Rectory Road, Upton Upon Severn, Worcester, Worcestershire, WR8 0NB£350,000£335,000-£15,00012 Mar 202407 Jun 202487 Days
20 Lower Drive, Besford, Worcester, Worcestershire, WR8 9AH£595,000£595,000£0013 Feb 202407 Jun 2024115 Days
34 Rectory Road, Upton Upon Severn, Worcester, Worcestershire, WR8 0LX£270,000£260,000-£10,00001 Jun 202307 May 2024341 Days
The Cottage, Newbridge Green, Upton Upon Severn, Worcester, Worcestershire, WR8 0QP£880,000£845,000-£35,00014 Sep 202317 Apr 2024216 Days
Atalaya, Upper Street, Defford, Worcester, Worcestershire, WR8 9BG£425,000£425,000£0010 Nov 202328 Mar 2024139 Days
3 Rectory Road, Upton Upon Severn, Worcester, Worcestershire, WR8 0LU£320,000£305,000-£15,00019 Jan 202420 Mar 202461 Days
10 Knights Hill, Severn Stoke, Worcester, Worcestershire, WR8 9JD£359,950£352,000-£7,95019 Oct 202319 Mar 2024152 Days
Roselea, Worcester Road, Hanley Swan, Worcester, Worcestershire, WR8 0EA£350,000£350,000£0028 Sep 202315 Mar 2024169 Days
23 Ryall Meadow, Ryall, Worcester, Worcestershire, WR8 0PJ£350,000£340,000-£10,00001 Nov 202315 Mar 2024135 Days
15 Court Street, Upton Upon Severn, Worcester, Worcestershire, WR8 0JS£315,000£315,000£0003 Jul 202315 Mar 2024256 Days
Bluebell Cottage, Pershore Road, Earls Croome, Worcester, Worcestershire, WR8 9DJ£365,000£365,000£0003 Oct 202312 Jan 2024101 Days
Glenhey, Ryall Road, Holly Green, Worcester, Worcestershire, WR8 0PG£430,000£410,000-£20,00008 Jun 202319 Dec 2023194 Days
The Coach House, Worcester Road, Earls Croome, Worcester, Worcestershire, WR8 9DA£450,000£450,000£0020 Apr 202324 Nov 2023218 Days
Birch House, Birch Lane, Severn Stoke, Worcester, Worcestershire, WR8 9DN£475,000£442,500-£32,50002 May 202329 Sep 2023150 Days
11 Longfield, Upton Upon Severn, Worcester, Worcestershire, WR8 0NR£350,000£312,500-£37,50024 Apr 202321 Sep 2023150 Days

Most Expensive Streets in WR8 (Worcester)

PostcodeStreetAreaAverageNo. of Sales
WR8 9DFRed Deer Farm, DunstallWorcester£816,6663
WR8 9AZDunstall Court, Croome DabitotWorcester£771,4287
WR8 9LZBesford Court Estate, BesfordWorcester£685,0008
WR8 0ASGilberts End, Hanley CastleWorcester£657,16010
WR8 9ETGlebeland, DeffordWorcester£626,4005
WR8 9HBMill Lane, WadboroughWorcester£624,0005
WR8 0REQueenhill, Upton Upon SevernWorcester£616,0005
WR8 9AHLower Drive, BesfordWorcester£609,1666
WR8 0PZNaunton, Upton Upon SevernWorcester£540,7005
WR8 0QPNewbridge Green, Upton Upon SevernWorcester£526,0003

Least Expensive Streets in WR8 (Worcester)

PostcodeStreetAreaAverageNo. of Sales
WR8 0HNOld Street, Upton Upon SevernWorcester£150,0003
WR8 0HTChurch Street, Upton Upon SevernWorcester£170,5004
WR8 0JDBankside House, WatersideWorcester£177,9086
WR8 0HUSevern Cottages, Hanley RoadWorcester£190,0003
WR8 9LRStrensham Court Mews, StrenshamWorcester£217,9166
WR8 9BHHill View, DeffordWorcester£221,2504
WR8 0JPBerrow Court, Upton Upon SevernWorcester£225,99512
WR8 0LHHillsfield, Upton Upon SevernWorcester£230,0003
WR8 0HPNew Street, Upton Upon SevernWorcester£239,1663
WR8 9ERElmfield, BaughtonWorcester£239,6663

Explore WR8 (Worcester) using map

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