Housing Market Analysis for DRAKE AVENUE, WR2 5RZ

Are you looking to understand WR2 5RZ 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 5RZ area, explore the WR2 5RZ Area information page.
For comprehensive crime statistics in the WR2 5RZ area, explore the WR2 5RZ Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £114,500 median price is £115,500 Standard Deviation is £53,383 with Total Sold: 12
    • The Last 5 Year average price is £151,000 with Total Sold: 5
    • The most recent sale happened at this postcode is 272 DRAKE AVENUE: £220,000 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is 209 DRAKE AVENUE: £40,000 (Sold on 21 Oct 1996)
  • Terraced
    • The average price is around £93,408 median price is £105,000 Standard Deviation is £30,840 with Total Sold: 6
    • The Last 5 Year average price is £110,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 258 DRAKE AVENUE: £110,000 (Sold on 07 Oct 2019)
    • The first recorded sale happened at this postcode is 258 DRAKE AVENUE: £45,500 (Sold on 31 May 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average WR2 5RZ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£220,000 £2,857 1
2021£120,000 £1,519 1
2020£150,000 £1,929 2
2019£115,000 £1,533 1
2016£133,000 £1,740 2
2015£125,000 £1,623 1
2013£108,000 £1,440 1
1997£40,000 £526 2
1996£40,000 £526 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£110,000 £1,549 1
2008£121,500 £1,846 2
2007£102,000 £1,397 1
2001£59,950 £983 1
2000£45,500 £641 1

All the Sales in the DRAKE AVENUE, WR2 5RZ

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

AddressSold DatePrice% Change
272 DRAKE AVENUESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196627 Jan 2023£220,00018.92%
14 Dec 2020£185,00059.48%
22 Nov 2016£116,000First Sale
276 DRAKE AVENUESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-196617 Mar 2021£120,0004.35%
18 Dec 2020£115,000First Sale
258 DRAKE AVENUETerraced, FreeholdArea: 71 Sq.mtrAge: 1950-196607 Oct 2019£110,000-18.52%
18 Jul 2008£135,000125.19%
28 Sep 2001£59,95031.76%
31 May 2000£45,500First Sale
219 DRAKE AVENUESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-194923 Apr 2019£115,000First Sale
231 DRAKE AVENUESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-194924 Nov 2016£150,000First Sale
227 DRAKE AVENUESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196611 Sep 2015£125,000First Sale
233 DRAKE AVENUESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196628 Jun 2013£108,000First Sale
256 DRAKE AVENUETerraced, FreeholdArea: 73 Sq.mtrAge: 1950-196626 Mar 2008£108,0005.88%
10 Oct 2007£102,000First Sale
260 DRAKE AVENUESemi-Detached, Freehold03 Dec 1997£40,000First Sale
209 DRAKE AVENUESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-196624 Oct 1997£40,0000.0
21 Oct 1996£40,000First Sale

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

DRAKE AVENUE, WR2 5RZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WR2 5RZ 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 5RZ postcode.

  • Semi-Detached
    • The average price is around £136,080 median price is £137,500 Standard Deviation is £61,976 with Total Sold: 594
    • The Last 5 Year average price is £206,977 with Total Sold: 135
    • The most recent sale happened at this postcode is , 16 HOWARD ROAD: £250,500 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 185 OLDBURY ROAD: £44,500 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £975,031 median price is £325,000 Standard Deviation is £1,417,805 with Total Sold: 8
    • The Last 5 Year average price is £220,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 5 OAKLEY CLOSE: £250,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 195 OLDBURY ROAD: £400,000 (Sold on 01 Sep 2014)
  • Terraced
    • The average price is around £121,034 median price is £123,000 Standard Deviation is £59,260 with Total Sold: 230
    • The Last 5 Year average price is £185,572 with Total Sold: 41
    • The most recent sale happened at this postcode is , 19 REA WAY: £240,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , 4 GRESHAM ROAD: £39,200 (Sold on 01 Feb 1995)
  • Detached
    • The average price is around £255,627 median price is £245,000 Standard Deviation is £117,091 with Total Sold: 175
    • The Last 5 Year average price is £324,226 with Total Sold: 42
    • The most recent sale happened at this postcode is , 14 EARLS COURT WAY: £415,000 (Sold on 08 Dec 2023)
    • 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 £67,858 median price is £70,000 Standard Deviation is £29,687 with Total Sold: 19
    • The Last 5 Year average price is £97,000 with Total Sold: 4
    • 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,917 £2,708 6
2023£225,706 £2,681 24
2022£224,079 £2,608 28
2021£213,109 £2,503 32
2020£167,295 £2,023 13
2019£186,278 £2,222 32
2018£178,290 £2,041 21
2017£176,688 £2,113 16
2016£155,579 £1,844 19
2015£154,536 £1,656 14
2014£145,050 £1,785 29
2013£135,896 £1,605 24
2012£147,958 £1,613 12
2011£140,750 £1,587 14
2010£143,462 £1,763 13
2009£122,717 £1,919 9
2008£152,045 £1,872 10
2007£150,423 £1,678 26
2006£140,475 £1,728 26
2005£129,468 £1,547 17
2004£122,648 £1,380 20
2003£109,544 £1,180 32
2002£94,092 £1,009 19
2001£77,170 £866 23
2000£62,168 £686 18
1999£55,025 £643 25
1998£54,108 £652 19
1997£55,414 £640 25
1996£47,981 £514 16
1995£44,500 £512 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,0001
2020£180,000 £2,500 1
2019£230,000 £1,901 1
2018£1,389,5001
2016£1,783,583 £11,097 3
2014£400,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,3333
2023£211,833 £2,598 6
2022£208,944 £2,878 9
2021£190,833 £2,322 6
2020£142,750 £2,146 8
2019£170,661 £2,271 9
2018£177,786 £2,372 7
2017£151,700 £2,009 15
2016£138,875 £1,921 8
2015£135,857 £1,863 7
2014£127,300 £1,985 5
2013£160,304 £2,140 13
2012£168,063 £1,953 7
2011£111,820 £1,276 5
2009£148,000 £2,196 5
2008£112,639 £1,558 9
2007£124,450 £1,900 11
2006£117,644 £1,792 8
2005£120,595 £1,687 10
2004£121,125 £1,818 6
2003£66,300 £1,062 11
2002£70,516 £1,109 19
2001£63,419 £941 8
2000£63,994 £824 9
1999£47,362 £698 4
1998£64,500 £709 1
1997£36,931 £407 11
1996£43,083 £576 6
1995£30,912 £368 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£346,600 £3,684 5
2022£388,611 £3,039 9
2021£319,250 £3,073 16
2020£284,300 £2,624 5
2019£265,357 £2,833 7
2018£307,575 £3,420 6
2017£275,999 £3,306 6
2016£213,624 £2,501 4
2015£285,368 £2,486 8
2014£312,426 £2,675 21
2013£319,556 £2,490 25
2012£270,296 £2,402 10
2011£132,500 £1,640 2
2010£208,000 £1,898 2
2009£140,250 £1,335 2
2008£298,333 £2,528 3
2007£213,500 £2,070 5
2006£148,333 £2,135 3
2005£150,0001
2004£191,750 £2,500 2
2003£148,390 £1,852 5
2002£161,000 £1,372 2
2001£114,875 £1,004 4
2000£133,000 £1,371 1
1999£86,375 £1,063 4
1998£92,800 £960 5
1997£74,286 £943 7
1996£62,000 £681 1
1995£68,750 £941 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£98,000 £1,441 1
2022£150,000 £1,923 1
2020£60,0001
2019£80,000 £2,073 1
2016£85,000 £1,269 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
1997£42,0001
1996£30,5002

House Type in WR2 5RZ area

The most common house types in the WR2 5RZ postcode area are Semi-detached (43), Flat (37), and Terraced (35).

Total118
Semi-detached43
Flat37
Terraced35
Detached3
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (48), and Social rented: Rents from council or Local Authority (27).

Social rented: Other social rented48
Social rented: Rents from council or Local Authority27
Owned: Owns with a mortgage or loan16
Shared ownership: Shared ownership9
Private rented: Private landlord or letting agency9
Owned: Owns outright6
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the WR2 5RZ have 1 person in household (44), and 2 people in household (27).

1 person in household44
2 people in household27
3 people in household16
4 people in household16
5 people in household8
6 people in household5
7 people in household1
0 people in household0
8 or more people in household0