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House Prices in WR9 House Prices in WR9 (Droitwich)

The average house price in WR9 (Droitwich) is £294,443 using HM Land Registry data.

The average property price increased by £48,553 (25.94%) over the last 5 years and increased by £9,728 (3.92%) over the last 12 months.

Over the last year, there were 330 residential property sales – a decrease of 136 transactions (-41.21%) relative to the previous year. The majority of house sales (85) were in the £220,000 - £300,000 range. Then came properties in the £300,000 - £380,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,566 (-2%).

In Oct 24, there were 58 new estate agency instructions, 63 agreed home sales and 22 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) - 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 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
8 Old Coach Road, Droitwich, Worcestershire, WR9 8BB£325,000£312,500-£12,50023 Jan 202416 Aug 2024206 Days
31 St Georges Crescent, Droitwich, Worcestershire, WR9 8BX£145,000£145,000£0027 Feb 202415 Aug 2024170 Days
69 College Green, Droitwich, Worcestershire, WR9 8QY£250,000£250,000£0004 Jun 202414 Aug 202471 Days
9 Clee View, Droitwich, Worcestershire, WR9 8BU£400,000£395,000-£5,00016 Apr 202407 Aug 2024113 Days
9 The Parklands, Droitwich, Worcestershire, WR9 7DG£290,000£290,000£0016 Apr 202405 Aug 2024111 Days
18 Moreland Road, Droitwich, Worcestershire, WR9 8RN£400,000£390,000-£10,00002 Jan 202429 Jul 2024209 Days
25 Trent Close, Droitwich, Worcestershire, WR9 8TN£185,000£185,000£0008 May 202424 Jul 202477 Days
Apartment 5, The Larches, Worcester Road, Droitwich, Worcestershire, WR9 8AJ£205,000£198,000-£7,00023 Nov 202312 Jul 2024232 Days
Flat 15, Whittingham Court, Tower Hill, Droitwich, Worcestershire, WR9 8AF£125,000£120,000-£5,00029 Aug 202312 Jul 2024318 Days
19 Lahn Drive, Droitwich, Worcestershire, WR9 8TQ£300,000£300,000£0018 Apr 202409 Jul 202482 Days
Flat 49, Whittingham Court, Tower Hill, Droitwich, Worcestershire, WR9 8AF£89,000£85,000-£4,00002 Mar 202405 Jul 2024125 Days
1 Longheadland, Ombersley, Droitwich, Worcestershire, WR9 0JB£595,000£565,000-£30,00020 Mar 202405 Jul 2024107 Days
1 Shirley Jones Close, Droitwich, Worcestershire, WR9 0DL£520,000£485,000-£35,00008 Feb 202405 Jul 2024148 Days
3 St Nicholas Street, Droitwich, Worcestershire, WR9 8HS£220,000£215,000-£5,00024 Jan 202405 Jul 2024163 Days
68 Mulberry Tree Hill, Droitwich, Worcestershire, WR9 7SS£250,000£245,000-£5,00008 Jan 202428 Jun 2024172 Days
3 Geoffrey Chaucer Walk, Droitwich, Worcestershire, WR9 7HX£550,000£545,000-£5,00022 Feb 202428 Jun 2024127 Days
22 Arkle Road, Droitwich, Worcestershire, WR9 7RJ£400,000£395,000-£5,00006 Feb 202421 Jun 2024136 Days
227 Meadow Road, Droitwich, Worcestershire, WR9 9BZ£180,000£180,000£0001 Feb 202421 Jun 2024141 Days
88 Cockshute Hill, Droitwich, Worcestershire, WR9 7QP£260,000£255,000-£5,00014 Nov 202321 Jun 2024220 Days
17 Rose Avenue, Droitwich, Worcestershire, WR9 8QE£350,000£350,000£0003 Apr 202420 Jun 202478 Days

Most Expensive Streets in WR9 (Droitwich)

PostcodeStreetAreaAverageNo. of Sales
WR9 0PSElmley LovettDroitwich£1,515,0004
WR9 0EQPicea View, Woodhall LaneDroitwich£1,005,0003
WR9 0AHSalwarpeDroitwich£915,0004
WR9 7AALyttelton RoadDroitwich£899,2005
WR9 0LLWoodfield Lane, OmbersleyDroitwich£863,3493
WR9 7BECorbett AvenueDroitwich£770,1043
WR9 0ARHadley HeathDroitwich£751,5353
WR9 0ASHadleyDroitwich£726,6663
WR9 7LLHuddington Hill Farm, HuddingtonDroitwich£725,0004
WR9 7JBCopcut Lane, CopcutDroitwich£716,33312

Least Expensive Streets in WR9 (Droitwich)

PostcodeStreetAreaAverageNo. of Sales
WR9 9HSThe ScotlandsDroitwich£98,3333
WR9 8EBNorbury House, Friar Street, DroitwichDroitwich£102,97520
WR9 8AFWhittingham Court, Tower HillDroitwich£104,16621
WR9 8UUKingfisher CourtDroitwich£107,08324
WR9 8LEVines MewsDroitwich£115,3577
WR9 9BEAcre LaneDroitwich£130,0916
WR9 8RESt Andrews CloseDroitwich£133,35010
WR9 9EPWoodmans RiseDroitwich£141,0014
WR9 9HBHunters CloseDroitwich£141,0717
WR9 8AHRowan Court, Worcester RoadDroitwich£141,09521

Explore WR9 (Droitwich) using map

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