House prices in WR5 1 (Worcester)

This article reveals price per square foot data and various charts to help you understand current housing market in 'WR5 1' (Worcester) - statistics were last calculated on 30 August 2024.

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Defining 'WR5 1'

This analysis is limited to properties whose postcode starts with "WR5 1", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Worcester.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Worcester is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area

E.g. 31, Kennet Green, Worcester, sold for £175,000 on Jul-2024. Given the internal area of 548 square feet, the price per sqft is £318.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £260-£278, £278-£297, £297-£315 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 145 sales in Worcester (WR5 1) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Worcester (WR5 1). Of the 145 transactions, half were sold for between £221 and £318 per square foot. The median, or 'middle', price per square foot in 'WR5 1' is £267. Notably, only 25% of properties that sold recently were valued at more than £318 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Worcester

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Worcester. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Worcester

Comparison with neighbouring postcode sectors

The table below shows how 'WR5 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
WR5 2 Worcester	£258 sqft	£298 sqft	£353 sqft
WR5 1 Worcester	£221 sqft	£267 sqft	£318 sqft
WR5 3 Worcester	£279 sqft	£313 sqft	£354 sqft

Will Worcester house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for WR5 1 (Worcester) compared with both the wider area WR5 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Worcester to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Worcester and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqft	Recent sales
Wylds Lane, Worcester, WR5 1D	0 sqft	£201	24
Victoria Avenue, Worcester, WR5 1E	0 sqft	£221	21
Popert Drive, Worcester, WR5 1S	979 sqft	£290	14
Newtown Road, Worcester, WR5 1H	818 sqft	£256	13
Vincent Road, Worcester, WR5 1A	828 sqft	£212	10
Chelmsford Drive, Worcester, WR5 1Q	656 sqft	£317	9
Spring Lane, Worcester, WR5 1A	581 sqft	£275	9
Canterbury Road, Worcester, WR5 1P	0 sqft	£175	8

Search for your street here.

New build activity

Street	Avg size	Avg £sqft	New build sales
Oakmont Drive, Worcester, WR5 1P	0 sqft	£276	19
Augusta Drive, Worcester, WR5 1T	0 sqft	£261	16

Oakmont Drive, Worcester, WR5 1P has seen 19 new build sales in the last 4 years (average price £481,697). These new build homes typically have an internal area of 1,754 sqft, with an average price of £276 sqft. This £sqft average is £8 above the average for WR5 1. New builds typically command a £ per sqft premium so this is normal.

Raw data

Our analysis of Worcester is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqft	£/sqft
31, Kennet Green, Worcester	£175,000 Jul-2024	548	318
176, Wylds Lane, Worcester	£465,000 Jun-2024	1,657	280
14, Richmond Rd, Worcester	£205,000 Jun-2024	968	211

See the entire list of all sales in Worcester (WR5 1) here.