Housing Market Analysis for DRAKE AVENUE, WR2 5RP

Are you looking to understand WR2 5RP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Worcester postcode.

For the location information and nearby amenities in the WR2 5RP area, explore the WR2 5RP Area information page.
For comprehensive crime statistics in the WR2 5RP area, explore the WR2 5RP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WR2 5RP postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £185,000 median price is £185,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £185,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 61 DRAKE AVENUE: £185,000 (Sold on 23 Aug 2023)
    • The first recorded sale happened at this postcode is 61 DRAKE AVENUE: £185,000 (Sold on 23 Aug 2023)
  • Semi-Detached
    • The average price is around £121,750 median price is £124,500 Standard Deviation is £50,281 with Total Sold: 4
    • The Last 5 Year average price is £190,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 59 DRAKE AVENUE: £190,000 (Sold on 24 Sep 2019)
    • The first recorded sale happened at this postcode is 59 DRAKE AVENUE: £48,000 (Sold on 10 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average WR2 5RP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£185,000 £2,403 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£190,000 £1,989 1
2012£124,000 £1,570 1
2007£124,999 £1,582 1
1998£48,000 £503 1

All the Sales in the DRAKE AVENUE, WR2 5RP

See the table below for more details on the sold house prices in the WR2 5RP, Worcester postcode.

AddressSold DatePrice% Change
61 DRAKE AVENUETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197523 Aug 2023£185,000First Sale
59 DRAKE AVENUESemi-Detached, FreeholdArea: 95.51 Sq.mtrAge: 1950-196624 Sep 2019£190,000295.83%
10 Aug 1998£48,000First Sale
68 DRAKE AVENUESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1991-199528 Aug 2012£124,000-0.80%
27 Apr 2007£124,999First Sale

Check out the sold house prices near the WR2 5RP postcode. Properties currently for saleProperties currently for rent

DRAKE AVENUE, WR2 5RP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WR2 5RP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the WR2 5RP postcode.

  • Terraced
    • The average price is around £126,145 median price is £130,000 Standard Deviation is £59,270 with Total Sold: 426
    • The Last 5 Year average price is £185,541 with Total Sold: 85
    • The most recent sale happened at this postcode is , 26 WINDSOR AVENUE: £254,500 (Sold on 13 Aug 2024)
    • The first recorded sale happened at this postcode is , 76 BROADWAY GROVE: £33,000 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £149,607 median price is £153,000 Standard Deviation is £66,813 with Total Sold: 897
    • The Last 5 Year average price is £221,841 with Total Sold: 188
    • The most recent sale happened at this postcode is , 28 WOODSTOCK ROAD: £280,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 12 BROADWAY GROVE: £45,500 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £225,644 median price is £232,500 Standard Deviation is £91,242 with Total Sold: 356
    • The Last 5 Year average price is £316,691 with Total Sold: 68
    • The most recent sale happened at this postcode is , 11 HOWBURYFIELD AVENUE: £417,000 (Sold on 02 Jul 2024)
    • The first recorded sale happened at this postcode is , 166 PENHILL CRESCENT: £73,000 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £122,566 median price is £142,500 Standard Deviation is £51,942 with Total Sold: 46
    • The Last 5 Year average price is £154,384 with Total Sold: 28
    • The most recent sale happened at this postcode is , 93 GRENVILLE ROAD: £98,000 (Sold on 07 Sep 2023)
    • The first recorded sale happened at this postcode is , 51 GRENVILLE ROAD: £31,000 (Sold on 26 Jan 1996)
  • Other
    • The average price is around £605,250 median price is £360,000 Standard Deviation is £823,820 with Total Sold: 10
    • The Last 5 Year average price is £246,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 79 WOODSTOCK ROAD: £270,000 (Sold on 03 Apr 2023)
    • The first recorded sale happened at this postcode is , 159 BROMYARD ROAD: £450,000 (Sold on 14 Aug 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£228,500 £2,783 5
2023£217,318 £3,103 11
2022£194,000 £2,892 18
2021£180,000 £2,646 15
2020£169,000 £2,360 14
2019£167,270 £2,632 22
2018£177,008 £2,529 12
2017£146,375 £2,030 16
2016£164,192 £2,530 18
2015£160,427 £2,113 28
2014£139,374 £2,133 12
2013£151,233 £2,020 17
2012£151,192 £1,853 13
2011£118,125 £1,770 8
2010£127,100 £1,959 5
2009£115,000 £1,679 3
2008£112,906 £1,722 8
2007£144,813 £2,030 19
2006£138,811 £2,197 18
2005£124,496 £1,774 13
2004£122,246 £1,995 14
2003£86,858 £1,389 19
2002£80,438 £1,268 30
2001£60,129 £1,135 7
2000£60,188 £889 8
1999£57,127 £889 15
1998£49,219 £789 8
1997£46,033 £613 19
1996£44,862 £759 16
1995£41,777 £725 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,9297
2023£244,782 £2,760 30
2022£237,697 £2,776 39
2021£219,209 £2,561 43
2020£196,996 £2,285 28
2019£199,613 £2,353 41
2018£190,719 £2,226 32
2017£186,864 £2,255 29
2016£182,781 £2,034 32
2015£190,632 £2,171 41
2014£171,701 £2,018 48
2013£155,192 £1,806 31
2012£165,853 £1,780 19
2011£143,114 £1,834 22
2010£160,321 £1,746 24
2009£148,397 £1,944 15
2008£162,400 £2,022 18
2007£163,003 £1,812 39
2006£155,927 £1,735 35
2005£146,274 £1,762 21
2004£135,982 £1,558 31
2003£112,945 £1,368 43
2002£96,198 £1,080 31
2001£76,659 £861 28
2000£70,614 £713 27
1999£60,301 £728 36
1998£61,290 £621 28
1997£54,629 £632 41
1996£48,971 £570 19
1995£47,589 £591 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£368,000 £3,202 4
2023£363,278 £3,137 9
2022£306,375 £3,542 8
2021£323,875 £3,126 24
2020£289,462 £2,983 13
2019£280,650 £2,779 10
2018£300,583 £3,391 18
2017£262,231 £2,814 9
2016£264,249 £2,471 14
2015£262,073 £2,570 28
2014£251,079 £2,652 26
2013£251,277 £2,444 25
2012£264,600 £3,110 29
2011£221,426 £3,079 7
2010£192,972 £1,902 9
2009£200,250 £2,032 6
2008£238,200 £2,221 5
2007£200,667 £2,038 6
2006£181,111 £2,031 9
2005£182,790 £1,998 5
2004£205,916 £1,902 8
2003£139,050 £1,607 8
2002£137,265 £1,505 10
2001£111,636 £1,297 11
2000£96,167 £1,202 3
1999£93,807 £826 22
1998£90,180 £924 8
1997£78,681 £831 8
1996£71,018 £704 11
1995£77,000 £726 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£146,500 £1,441 2
2022£165,000 £2,595 4
2021£167,926 £3,048 17
2020£108,750 £2,229 4
2019£80,000 £2,073 1
2018£77,000 £1,167 1
2017£120,000 £1,846 1
2016£126,998 £1,915 2
2015£90,000 £1,011 1
2013£57,000 £966 1
2011£75,000 £977 1
2009£59,0001
2005£73,000 £1,141 1
2004£80,667 £1,114 3
2003£88,000 £875 1
2002£39,150 £481 2
2001£41,000 £612 1
1996£30,5002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£270,000 £3,214 1
2022£450,0001
2021£20,0001
2018£2,900,0001
2017£462,0001
2016£375,125 £1,470 4
2015£450,0001

House Type in WR2 5RP area

The most common house types in the WR2 5RP postcode area are Semi-detached (72), Terraced (25), and Detached (16).

Total116
Semi-detached72
Terraced25
Detached16
Shared house2
Flat1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (33), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright33
Owned: Owns with a mortgage or loan29
Social rented: Other social rented24
Private rented: Private landlord or letting agency21
Social rented: Rents from council or Local Authority8
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the WR2 5RP have 2 people in household (48), and 3 people in household (24).

2 people in household48
3 people in household24
1 person in household22
4 people in household9
5 people in household7
6 people in household6
0 people in household0
7 people in household0
8 or more people in household0