Worcester property prices

The average property price in Worcester postcode area is £307k. The average price increased by £25.8k (9%) over the last twelve months. The price of an established property is £306k. The price of a newly built property is £315k. There were 3.9k property sales and sales dropped by 20.8% (-1.1k transactions). Most properties were sold in the £300k-£400k price range with 756 (19.4%) properties sold, followed by £200k-£250k price range with 730 (18.7%) properties sold.

June 2020 - May 2021

Worcester postcode area

England and Wales

£307k

average property price

£332k

average property price

9%

average price percentage change

10%

average price percentage change

£25.8k

average price change

£30.7k

average price change

Worcester house prices map

This price map shows the average property price in a given postcode sector between June 2020 - May 2021. The most affordable place was 'WR4 9' with the average price of £165k. The most expensive place was 'WR8 9', £515k.

Worcester house prices map

Worcester house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between June 2020 - May 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 postcode area.

Worcester house prices compared to other areasAverage price percentage change
Average property price

Worcester house price rank

With the average price of £307k, Worcester is the 53. most pricey postcode area out of 105 England and Wales' postcode areas.

Worcester house price rank

Worcester property sales share by price range

shows a number of properties sold in a given price range between June 2020 - May 2021.

Worcester property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k1.8%72
£100k-£150k8.6%333
£150k-£200k17.0%662
£200k-£250k18.7%730
£250k-£300k14.9%581
£300k-£400k19.4%756
£400k-£500k9.6%373
£500k-£750k7.9%309
£750k-£1M1.3%52
over £1M0.7%26

Worcester cost comparison of new homes and older homes

June 2020 - May 2021

Worcester cost comparison of new homes and older homes

£315k

A newly built property

£306k

An established property

Worcester cost comparison of houses and flats

June 2020 - May 2021

Worcester cost comparison of houses and flats

£421k

Detached

£153k

Flat

£256k

Semi-Detached

£217k

Terraced

Worcester real house prices

Yearly average nominal house prices adjusted for inflation.

Worcester real house prices

Worcester house prices compared to England & Wales' house prices

Yearly average nominal prices

Worcester house prices

Worcester house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Worcester house prices and nearby areas

Yearly average nominal prices

Worcester house prices and nearby areas

Worcester 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.

Worcester house prices new vs established

Worcester house prices by property type

Yearly average nominal prices

Worcester house prices by property type

Worcester house price to earnings ratio

The median property price to median earnings ratio is ranging between 7 in Worcester and 9.9 in Malvern Hills. Ie. Worcester resident with middle-income needs 7 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.
Worcester house price to earnings ratio history

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

Other reports for Worcester postcode area

new home prices

property transactions

salary and unemployment

population statistics

home energy certificates

energy costs

home features

crime statistics

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