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House Prices in WR1 House Prices in WR1 (Worcester)

The average house price in WR1 (Worcester) is £216,200 using HM Land Registry data.

The average property price increased by £27,068 (9.42%) over the last 5 years and increased by £5,423 (1.6%) over the last 12 months.

Over the last year, there were 167 residential property sales – a decrease of 19 transactions (-11.38%) relative to the previous year. The majority of house sales (41) were in the £204,000 - £256,000 range. Then came properties in the £152,000 - £204,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 128 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,185 (-3%).

In January 2025, there were 31 new estate agency instructions, 21 agreed home sales and 21 property price reductions.

Nearby Postcodes: B49, B50, CV37, DY14, GL19, GL20, GL54, GL55, GL56, HR6, HR7, HR8, SY8, WR10, WR11, WR12, WR13, WR14, WR15, WR2, WR3, WR4, WR5, WR6, WR7, WR8, WR9

5-Year Average Property Prices in WR1 (Worcester)

9.42%

Property prices in WR1 (Worcester) increased by 9.42% 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 WR1 (Worcester) Over the Last Year

1.6%

Property prices in WR1 (Worcester) increased by 1.6% 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 WR1 (Worcester) - January 2025

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 WR1 (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 WR1 (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 WR1 (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 WR1 (Worcester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WR1 postcode area since 1995.

Recent Sales in WR1 (Worcester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
32 Waterworks Road, Worcester, Worcestershire, WR1 3EZ£350,000£350,000£017 Jul 202410 Dec 2024146 Days
56 York Place, Worcester, Worcestershire, WR1 3DS£300,000£295,000-£5,00014 May 202404 Dec 2024204 Days
Apartment 27, Victoria Institute, Sansome Walk, Worcester, Worcestershire, WR1 1DF£215,000£215,000£016 May 202404 Dec 2024202 Days
19 Wood Terrace, Worcester, Worcestershire, WR1 1NY£210,000£203,000-£7,00012 Jul 202428 Nov 2024139 Days
7 Lansdowne Road, Worcester, Worcestershire, WR1 1ST£190,000£187,000-£3,00001 Sep 202314 Nov 2024440 Days
41 Southfield Street, Worcester, Worcestershire, WR1 1NJ£220,000£215,000-£5,00004 Jul 202408 Nov 2024127 Days
Flat 11, Gheluvelt Court, Brook Street, Worcester, Worcestershire, WR1 1JB£80,000£75,000-£5,00010 Jul 202406 Nov 2024119 Days
Apartment 10, Waters Reach, Armstrong Drive, Worcester, Worcestershire, WR1 2GH£60,000£58,750-£1,25025 Mar 202425 Oct 2024214 Days
5 Vesta Tilley Court, Worcester, Worcestershire, WR1 2BL£110,000£90,000-£20,00001 Mar 202421 Oct 2024234 Days
Flat 51, Gheluvelt Court, Brook Street, Worcester, Worcestershire, WR1 1JB£110,000£110,000£024 May 202418 Oct 2024147 Days
40 Sandys Road, Worcester, Worcestershire, WR1 3HE£250,000£250,000£025 Oct 202309 Oct 2024350 Days
Flat 11, Quay House, Lowesmoor Terrace, Worcester, Worcestershire, WR1 2RX£150,000£145,000-£5,00031 Jan 202404 Oct 2024247 Days
23 Shrubbery Road, Worcester, Worcestershire, WR1 1QR£270,000£252,000-£18,00001 Mar 202428 Aug 2024180 Days
Flat 43, Albion Mill, Portland Street, Diglis, Worcester, Worcestershire, WR1 2NY£170,000£165,000-£5,00030 Jan 202428 Aug 2024211 Days
7 Lowesmoor Terrace, Worcester, Worcestershire, WR1 2RX£205,000£205,000£011 Mar 202416 Jul 2024127 Days
53 Sunnyside Road, Worcester, Worcestershire, WR1 1RJ£280,000£270,000-£10,00019 Jan 202410 Jul 2024173 Days
15 Sandys Road, Worcester, Worcestershire, WR1 3HE£270,000£270,000£016 Apr 202405 Jul 202480 Days
30 Lyttleton Street, Worcester, Worcestershire, WR1 3JN£210,000£200,000-£10,00002 Jan 202401 Jul 2024181 Days
68 Lower Chestnut Street, Worcester, Worcestershire, WR1 1PD£250,000£240,000-£10,00012 Feb 202428 Jun 2024137 Days
12 Pitchcroft Lane, Worcester, Worcestershire, WR1 3JW£180,000£170,000-£10,00006 Feb 202424 Jun 2024139 Days

Most Expensive Streets in WR1 (Worcester)

PostcodeStreetAreaAverageNo. of Sales
WR1 1HXSt Georges SquareWorcester£859,0005
WR1 3JSBarbourne TerraceWorcester£704,3333
WR1 3DGBritannia SquareWorcester£670,0004
WR1 3DUAlbany TerraceWorcester£643,0004
WR1 1QNShrubbery AvenueWorcester£578,2504
WR1 2BZChamberlain CourtWorcester£552,5004
WR1 3LJBarbourne Court, Barbourne CrescentWorcester£423,5004
WR1 3FFPope Iron RoadWorcester£390,49411
WR1 3HYOld Malthouse Court, Brewery WalkWorcester£363,5833
WR1 3EZWaterworks RoadWorcester£346,6005

Least Expensive Streets in WR1 (Worcester)

PostcodeStreetAreaAverageNo. of Sales
WR1 1RGHomenash House, St Georges Lane NorthWorcester£74,65616
WR1 3NJBridge StreetWorcester£77,6427
WR1 1JBBrook StreetWorcester£90,95735
WR1 1EEForegate StreetWorcester£92,5833
WR1 1HTBarbourne RoadWorcester£95,7504
WR1 1DNForegate StreetWorcester£100,3333
WR1 3JYHarden Court, Thorneloe WalkWorcester£101,9005
WR1 2NAFriar StreetWorcester£106,5836
WR1 3LYBroad StreetWorcester£107,5004
WR1 1HDThe TythingWorcester£109,1256

Explore WR1 (Worcester) using map

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