Housing Market Analysis for MERE CLOSE, WR2 5TY

Are you looking to understand WR2 5TY 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 Malvern Hills postcode.

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £397,122 median price is £415,498 Standard Deviation is £74,533 with Total Sold: 8
    • The Last 5 Year average price is £405,196 with Total Sold: 5
    • The most recent sale happened at this postcode is 3 MERE CLOSE: £475,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is 5 MERE CLOSE: £406,000 (Sold on 25 May 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average WR2 5TY 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£475,000 £3,654 1
2019£387,745 £3,214 4
2018£383,665 £2,742 3

All the Sales in the MERE CLOSE, WR2 5TY

See the table below for more details on the sold house prices in the WR2 5TY, Malvern Hills postcode.

AddressSold DatePrice% Change
3 MERE CLOSEDetached, FreeholdArea: 130 Sq.mtr30 Jun 2021£475,00011.77%
20 Dec 2018£424,995First Sale
4 MERE CLOSEDetached, FreeholdArea: 153 Sq.mtr08 Nov 2019£460,995First Sale
2 MERE CLOSEDetached, FreeholdArea: 88 Sq.mtr03 May 2019£299,995First Sale
8 MERE CLOSEDetached, FreeholdArea: 162 Sq.mtr18 Apr 2019£489,995First Sale
6 MERE CLOSEDetached, FreeholdArea: 88 Sq.mtr18 Apr 2019£299,995First Sale
1 MERE CLOSEDetached, FreeholdArea: 139 Sq.mtr20 Dec 2018£320,000First Sale
5 MERE CLOSEDetached, FreeholdArea: 153 Sq.mtr25 May 2018£406,000First Sale

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

MERE CLOSE, WR2 5TY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £177,535 median price is £175,700 Standard Deviation is £43,241 with Total Sold: 13
    • The Last 5 Year average price is £171,981 with Total Sold: 8
    • The most recent sale happened at this postcode is , 32 COLONEL DRIVE: £210,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 18 CHRISTINE AVENUE: £78,000 (Sold on 20 Mar 1998)
  • Detached
    • The average price is around £300,348 median price is £297,500 Standard Deviation is £130,430 with Total Sold: 215
    • The Last 5 Year average price is £408,451 with Total Sold: 61
    • The most recent sale happened at this postcode is , 1 COLONEL DRIVE: £580,000 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , 119 CHRISTINE AVENUE: £65,000 (Sold on 06 Jul 1995)
  • Semi-Detached
    • The average price is around £188,173 median price is £194,000 Standard Deviation is £73,237 with Total Sold: 209
    • The Last 5 Year average price is £266,307 with Total Sold: 46
    • The most recent sale happened at this postcode is , 13 COLONEL DRIVE: £293,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 6 MINETT AVENUE: £47,000 (Sold on 25 Jan 1995)
  • Other
    • The average price is around £302,134 median price is £331,000 Standard Deviation is £210,759 with Total Sold: 8
    • The Last 5 Year average price is £465,428 with Total Sold: 3
    • The most recent sale happened at this postcode is , WHITEHALL INN BRANSFORD ROAD: £337,000 (Sold on 27 Sep 2023)
    • The first recorded sale happened at this postcode is , VIRGINIA HOUSE BRANSFORD ROAD: £500,000 (Sold on 26 Jul 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0001
2022£173,250 £1,991 1
2019£165,433 £2,259 6
2016£235,000 £2,527 1
2015£230,100 £1,798 1
2007£245,000 £3,603 1
2004£144,000 £1,548 1
1998£78,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£438,500 £3,759 2
2023£473,445 £3,279 8
2022£471,100 £3,336 5
2021£415,500 £3,297 12
2020£444,444 £3,060 9
2019£356,378 £2,923 25
2018£311,436 £2,735 16
2017£328,767 £2,731 12
2016£274,275 £2,505 8
2015£346,446 £2,441 13
2014£328,625 £2,441 24
2013£352,500 £2,597 4
2012£195,000 £1,855 2
2011£244,857 £2,072 7
2010£225,500 £1,923 2
2008£291,750 £2,467 6
2007£274,167 £2,459 3
2006£259,400 £2,093 10
2005£215,000 £2,129 1
2004£215,238 £1,842 4
2003£239,571 £1,956 7
2002£181,1673
2001£121,417 £690 3
2000£221,667 £1,301 3
1999£106,900 £983 5
1998£136,400 £981 5
1997£79,143 £774 7
1996£91,500 £688 7
1995£138,750 £686 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£277,5004
2023£284,929 £3,523 6
2022£301,875 £2,901 4
2021£276,642 £3,014 11
2020£248,333 £2,951 12
2019£244,444 £2,684 9
2018£250,223 £2,948 20
2017£205,000 £2,285 9
2016£205,375 £2,742 6
2015£261,375 £2,437 4
2014£217,417 £2,132 6
2013£176,333 £1,807 6
2012£175,250 £1,911 6
2011£178,542 £2,187 6
2010£178,000 £2,275 2
2009£177,333 £2,067 3
2008£207,917 £2,244 6
2007£202,036 £2,411 11
2006£194,200 £2,049 5
2005£182,000 £1,822 5
2004£166,438 £2,139 8
2003£146,122 £1,647 16
2002£104,625 £1,738 4
2001£109,027 £1,254 11
2000£93,500 £1,011 2
1999£86,238 £686 4
1998£66,389 £750 9
1997£55,900 £687 5
1996£61,250 £514 6
1995£54,333 £618 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£373,142 £4,040 2
2020£650,000 £1,880 1
2018£120,264 £1,008 3
2017£330,000 £2,531 2

House Type in WR2 5TY area

The most common house types in the WR2 5TY postcode area are Detached (65), Semi-detached (16), and Shared house (5).

Total89
Detached65
Semi-detached16
Shared house5
Terraced2
converted building1
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (51), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright51
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency6
Social rented: Other social rented4
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the WR2 5TY have 2 people in household (45), and 1 person in household (15).

2 people in household45
1 person in household15
3 people in household15
4 people in household13
6 people in household2
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0