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House Prices in WR8

The average house price in WR8 (Worcester) is £355,500 using HM Land Registry data.

The average property price increased by £115,963 (44.3%) over the last 5 years and increased by £23,183 (5.95%) over the last 12 months.

Over the last year, there were 80 residential property sales – a decrease of 40 transactions (-50.00%) relative to the previous year. The majority of house sales (21) were in the £304,000 - £398,000 range. Then came properties in the £210,000 - £304,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,500 (-2%).

In June 2024, there were 23 new estate agency instructions, 22 agreed home sales and 19 property price reductions.

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.

Property Market Heat Gauge for WR8 (Worcester) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 Rectory Road, Upton Upon Severn, Worcester, Worcestershire, WR8 0LU	£320,000	£305,000	-£15,000	19 Jan 2024	20 Mar 2024	61 Days
10 Knights Hill, Severn Stoke, Worcester, Worcestershire, WR8 9JD	£359,950	£352,000	-£7,950	19 Oct 2023	19 Mar 2024	152 Days
Roselea, Worcester Road, Hanley Swan, Worcester, Worcestershire, WR8 0EA	£350,000	£350,000	£00	28 Sep 2023	15 Mar 2024	169 Days
23 Ryall Meadow, Ryall, Worcester, Worcestershire, WR8 0PJ	£350,000	£340,000	-£10,000	01 Nov 2023	15 Mar 2024	135 Days
15 Court Street, Upton Upon Severn, Worcester, Worcestershire, WR8 0JS	£315,000	£315,000	£00	03 Jul 2023	15 Mar 2024	256 Days
Bluebell Cottage, Pershore Road, Earls Croome, Worcester, Worcestershire, WR8 9DJ	£365,000	£365,000	£00	03 Oct 2023	12 Jan 2024	101 Days
Glenhey, Ryall Road, Holly Green, Worcester, Worcestershire, WR8 0PG	£430,000	£410,000	-£20,000	08 Jun 2023	19 Dec 2023	194 Days
The Coach House, Worcester Road, Earls Croome, Worcester, Worcestershire, WR8 9DA	£450,000	£450,000	£00	20 Apr 2023	24 Nov 2023	218 Days
Birch House, Birch Lane, Severn Stoke, Worcester, Worcestershire, WR8 9DN	£475,000	£442,500	-£32,500	02 May 2023	29 Sep 2023	150 Days
11 Longfield, Upton Upon Severn, Worcester, Worcestershire, WR8 0NR	£350,000	£312,500	-£37,500	24 Apr 2023	21 Sep 2023	150 Days
15 Hill View Road, Strensham, Worcester, Worcestershire, WR8 9LJ	£560,000	£560,000	£00	11 May 2023	20 Sep 2023	132 Days
29 Hillview Gardens, Ryall, Worcester, Worcestershire, WR8 0QJ	£399,950	£375,000	-£24,950	22 Jun 2022	15 Sep 2023	450 Days
28 Oakland Close, Upton Upon Severn, Worcester, Worcestershire, WR8 0ES	£375,000	£372,500	-£2,500	28 Jun 2023	08 Sep 2023	72 Days
Crossways Cottage, Roberts End, Hanley Swan, Worcester, Worcestershire, WR8 0DL	£485,000	£458,000	-£27,000	20 May 2023	07 Sep 2023	110 Days
23 Ham View, Upton Upon Severn, Worcester, Worcestershire, WR8 0QE	£429,000	£420,000	-£9,000	18 Feb 2022	25 Aug 2023	553 Days
2 Upton Gardens, Upton Upon Severn, Worcester, Worcestershire, WR8 0NU	£279,000	£270,000	-£9,000	29 Mar 2023	16 Aug 2023	140 Days
Grassendale Villa, Roberts End, Hanley Swan, Worcester, Worcestershire, WR8 0DL	£400,000	£380,000	-£20,000	30 Jun 2022	07 Aug 2023	403 Days
Roseland, Clifton, Severn Stoke, Worcester, Worcestershire, WR8 9JF	£700,000	£680,000	-£20,000	15 Mar 2023	25 Jul 2023	132 Days
Riverview, Quay Lane, Hanley Castle, Worcester, Worcestershire, WR8 0BS	£850,000	£840,000	-£10,000	30 May 2023	20 Jul 2023	51 Days
Bridlepath Cottage, Naunton, Upton Upon Severn, Worcester, Worcestershire, WR8 0PY	£350,000	£350,000	£00	15 Mar 2023	02 Jun 2023	79 Days

Most Expensive Streets in WR8 (Worcester)

Postcode	Street	Area	Average	No. of Sales
WR8 9DF	Red Deer Farm, Dunstall	Worcester	£816,666	3
WR8 9AZ	Dunstall Court, Croome Dabitot	Worcester	£771,428	7
WR8 9LZ	Besford Court Estate, Besford	Worcester	£687,222	9
WR8 0AS	Gilberts End, Hanley Castle	Worcester	£662,955	9
WR8 9ET	Glebeland, Defford	Worcester	£626,400	5
WR8 0RE	Queenhill, Upton Upon Severn	Worcester	£616,000	5
WR8 9AH	Lower Drive, Besford	Worcester	£597,500	6
WR8 9HB	Mill Lane, Wadborough	Worcester	£575,833	6
WR8 0EQ	Hanley Swan	Worcester	£545,000	4
WR8 0PZ	Naunton, Upton Upon Severn	Worcester	£540,700	5

Least Expensive Streets in WR8 (Worcester)

Postcode	Street	Area	Average	No. of Sales
WR8 0HN	Old Street, Upton Upon Severn	Worcester	£131,750	4
WR8 0HR	New Street, Upton Upon Severn	Worcester	£152,250	4
WR8 0HA	Old Street, Upton Upon Severn	Worcester	£168,500	3
WR8 0HT	Church Street, Upton Upon Severn	Worcester	£170,500	4
WR8 0JD	Bankside House, Waterside	Worcester	£185,350	7
WR8 0HU	Severn Cottages, Hanley Road	Worcester	£190,000	3
WR8 9LR	Strensham Court Mews, Strensham	Worcester	£216,785	7
WR8 9BH	Hill View, Defford	Worcester	£221,250	4
WR8 0JP	Berrow Court, Upton Upon Severn	Worcester	£225,995	12
WR8 0LH	Hillsfield, Upton Upon Severn	Worcester	£230,000	3