Worcestershire property prices

The average property price in Worcestershire county is £276k. The average price increased by £13.3k (5%) over the last twelve months. The price of an established property is £274k. The price of a newly built property is £302k. There were 6.6k property sales and sales dropped by 35.1% (-3.9k transactions). Most properties were sold in the £150k-£200k price range with 1387 (21.1%) properties sold, followed by £200k-£250k price range with 1219 (18.6%) properties sold.

February 2020 - January 2021

Worcestershire county

England and Wales

£276k

average property price

£314k

average property price

5%

average price percentage change

6%

average price percentage change

£13.3k

average price change

£17.5k

average price change

Worcestershire house prices map

This price map shows the average property price in a given postcode sector between February 2020 - January 2021. The most affordable place was 'B32 4' with the average price of £138k. The most expensive place was 'DY14 9', £434k.

Worcestershire house prices map

Worcestershire house prices compared to other counties

Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between February 2020 - January 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in county.

Worcestershire house prices compared to other countiesAverage price percentage change
Average property price

Worcestershire house price rank

With the average price of £276k, Worcestershire is the 25. most pricey county out of 55 England and Wales' counties.

Worcestershire house price rank

Worcestershire property sales share by price range

shows a number of properties sold in a given price range between February 2020 - January 2021.

Worcestershire property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.1%7
£50k-£100k3.5%229
£100k-£150k11.8%777
£150k-£200k21.1%1.4k
£200k-£250k18.6%1.2k
£250k-£300k14.1%929
£300k-£400k16.5%1.1k
£400k-£500k6.7%439
£500k-£750k6.0%392
£750k-£1M1.3%83
over £1M0.3%22

Worcestershire cost comparison of new homes and older homes

February 2020 - January 2021

Worcestershire cost comparison of new homes and older homes

£302k

A newly built property

£274k

An established property

Worcestershire cost comparison of houses and flats

February 2020 - January 2021

Worcestershire cost comparison of houses and flats

£404k

Detached

£135k

Flat

£238k

Semi-Detached

£193k

Terraced

Worcestershire real house prices

Yearly average nominal house prices adjusted for inflation.

Worcestershire real house prices

Worcestershire house prices compared to England & Wales' house prices

Yearly average nominal prices

Worcestershire house prices

Worcestershire house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Worcestershire house prices and nearby counties

Yearly average nominal prices

Worcestershire house prices and nearby counties

Worcestershire house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Worcestershire house prices new vs established

Worcestershire house prices by property type

Yearly average nominal prices

Worcestershire house prices by property type

Worcestershire house price to earnings ratio

The median property price to median earnings ratio is ranging between 6.8 in Wyre Forest and 9.9 in Malvern Hills. Ie. Wyre Forest resident with middle-income needs 6.8 gross annual salaries to buy a medium-priced property. Resident in Malvern Hills needs 9.9 annual salaries. The England and Wales ratio was 7.7 in 2019.
Worcestershire house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Wyre Forest6.8
Worcester7
England and Wales7.7
Bromsgrove8.3
Redditch8.3
Wychavon8.8
Malvern Hills9.9

Other reports for Worcestershire county

new home prices

property transactions

population statistics

salary and unemployment

home energy certificates

crime statistics

energy costs

home features

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