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House Prices in WR9 House Prices in WR9 (Droitwich)

The average house price in WR9 (Droitwich) is £314,041 using HM Land Registry data.

The average property price increased by £70,512 (25.94%) over the last 5 years and increased by £14,096 (3.92%) over the last 12 months.

Over the last year, there were 357 residential property sales – a decrease of 146 transactions (-40.90%) relative to the previous year. The majority of house sales (90) were in the £214,000 - £298,000 range. Then came properties in the £298,000 - £382,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,566 (-2%).

In June 2024, there were 66 new estate agency instructions, 49 agreed home sales and 25 property price reductions.

Nearby Postcodes: , B45, B48, B49, B60, B61, B62, B80, B96, B97, DY10, DY11, DY12, DY13, DY14, DY7, DY8, DY9, HR7, HR8, WR1, WR10, WR11, WR13, WR15, WR2, WR3, WR4, WR5, WR6, WR7, WR8, WR99, WV98

5-Year Average Property Prices in WR9 (Droitwich)

25.94%

Property prices in Droitwich increased by 25.94% 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 WR9 (Droitwich) Over the Last Year

3.92%

Property prices in Droitwich increased by 3.92% 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 WR9 (Droitwich) - June 2024

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 WR9 (Droitwich)

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 WR9 (Droitwich)

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 WR9 (Droitwich)

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 WR9 (Droitwich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WR9 postcode area since 1995.

Recent Sales in WR9 (Droitwich)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
36 Elgar Crescent, Droitwich, Worcestershire, WR9 7SP£475,000£451,000-£24,00011 Jan 202410 May 2024120 Days
4 Primsland Fields, Droitwich, Worcestershire, WR9 7LY£350,000£345,000-£5,00029 Feb 202402 May 202463 Days
6 Lyttelton Court, Droitwich, Worcestershire, WR9 7BG£245,000£235,000-£10,00020 Jul 202302 May 2024287 Days
35 Falcon Close, Droitwich, Worcestershire, WR9 7HF£260,000£257,000-£3,00010 Nov 202326 Apr 2024168 Days
32 Chawson Pleck, Droitwich, Worcestershire, WR9 8TB£170,000£166,000-£4,00007 Nov 202317 Apr 2024162 Days
9 Addenbrooke Road, Droitwich, Worcestershire, WR9 8RW£580,000£580,000£0027 Mar 202417 Apr 202421 Days
32 Falstaff Drive, Droitwich, Worcestershire, WR9 7SN£350,000£350,000£0020 Oct 202304 Apr 2024167 Days
20 Belfry Road, Droitwich, Worcestershire, WR9 7QX£300,000£300,000£0026 Oct 202328 Mar 2024154 Days
39 Westbury Avenue, Droitwich, Worcestershire, WR9 0RT£250,000£245,000-£5,00027 Dec 202326 Mar 202490 Days
47 Swan Drive, Droitwich, Worcestershire, WR9 8WA£480,000£465,000-£15,00006 Jun 202322 Mar 2024290 Days
22 Severndale, Droitwich, Worcestershire, WR9 8PE£357,500£357,000-£50002 Nov 202322 Mar 2024141 Days
32 Witton Avenue, Droitwich, Worcestershire, WR9 8PA£290,000£275,000-£15,00022 Nov 202322 Mar 2024121 Days
231 Meadow Road, Droitwich, Worcestershire, WR9 9BZ£165,000£160,000-£5,00003 May 202319 Mar 2024321 Days
36 Shirley Road, Droitwich, Worcestershire, WR9 8NR£290,000£285,000-£5,00025 Aug 202304 Mar 2024192 Days
21 St Georges Crescent, Droitwich, Worcestershire, WR9 8BX£140,000£130,000-£10,00002 Jul 202304 Mar 2024246 Days
40 Wedgberrow Close, Droitwich, Worcestershire, WR9 8RS£270,000£259,000-£11,00013 Nov 202329 Feb 2024108 Days
5 The Holloway, Droitwich, Worcestershire, WR9 8HD£375,000£370,000-£5,00024 Oct 202328 Feb 2024127 Days
Elderberry Bungalow, Foredraught Lane, Tibberton, Droitwich, Worcestershire, WR9 7NH£575,000£575,000£0023 Mar 202306 Feb 2024320 Days
47 Maytree Hill, Droitwich, Worcestershire, WR9 7QU£390,000£350,000-£40,00011 Sep 202306 Feb 2024148 Days
27 Clydesdale Road, Droitwich, Worcestershire, WR9 7SA£475,000£475,000£0001 Aug 202306 Feb 2024189 Days

Most Expensive Streets in WR9 (Droitwich)

PostcodeStreetAreaAverageNo. of Sales
WR9 0AHSalwarpeDroitwich£915,0004
WR9 7AALyttelton RoadDroitwich£899,2005
WR9 0EQPicea View, Woodhall LaneDroitwich£885,0004
WR9 0LLWoodfield Lane, OmbersleyDroitwich£863,3493
WR9 0PSElmley LovettDroitwich£770,0003
WR9 0ARHadley HeathDroitwich£751,5353
WR9 7LLHuddington Hill Farm, HuddingtonDroitwich£725,0004
WR9 7JBCopcut Lane, CopcutDroitwich£716,23013
WR9 7LNSale GreenDroitwich£711,0754
WR9 7BECorbett AvenueDroitwich£690,0784

Least Expensive Streets in WR9 (Droitwich)

PostcodeStreetAreaAverageNo. of Sales
WR9 9HSThe ScotlandsDroitwich£98,3333
WR9 8EBNorbury House, Friar Street, DroitwichDroitwich£102,13119
WR9 8AFWhittingham Court, Tower HillDroitwich£105,12520
WR9 8UUKingfisher CourtDroitwich£109,88622
WR9 8LEVines MewsDroitwich£114,5836
WR9 8RESt Andrews CloseDroitwich£133,35010
WR9 9EPWoodmans RiseDroitwich£138,1015
WR9 9BEAcre LaneDroitwich£139,6005
WR9 9HBHunters CloseDroitwich£139,6878
WR9 9EAPloughmans RiseDroitwich£143,1663

Explore WR9 (Droitwich) using map

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