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Banks Close, WR2 Property Prices - Latest Sales & Trends
Check out how sales patterns have changed for Banks Close in the WR2 district in Worcester over recent years.
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Associated Postcodes:
WR2 6NE
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House Prices > Worcester > WR2 > Banks Close
Sales Buzz on the Street
Understanding Recent Transactions in Banks Close
- Since 2021, 31 homes on Banks Close have changed hands, with an average price of £468,000. The typical home here is around 977 square feet, giving a price of £452 per square foot.
- Property values on Banks Close have ranged from £150,000 to £1,040,300, with cost per square foot fluctuating between £156 and £1,400.
- The last known property transaction on Banks Close occurred in November 2024.
Local Price Comparison
Banks Close Property Prices vs Surrounding Areas
By Locality
Hallow
Choosing Hallow over Banks Close? You’ll shave about 12% off your house budget. (£412,400 vs £468,000) Thus, choosing a similar home elsewhere in Hallow could spare you about £55,600 compared to Banks Close.
By Sector
WR2 6
Love a bargain? Properties in WR2 6 come in 25% cheaper than Banks Close's going rates. (£349,100 vs £468,000) Therefore, a property of equal size and specification on Banks Close could carry a price tag that is about £118,900 higher than in other parts of the same sector.
By District
i.e. WR2
Buying in Banks Close rather than the WR2 district means a price increase of approximately 34%. (£468,000 vs £308,600). Financial comparisons show that Banks Close homes attract a premium close to £159,400.
By City or Town
i.e. Worcester
Worcester's average property price is 28% lower than Banks Close's average. (£336,000 vs £468,000). This underscores that purchasing elsewhere in Worcester could mean a reduction of about £132,400 compared to Banks Close.
Essential Extras for This Street
Banks Close: Key Extras You Should Know
- This road gathers 61 properties, all assigned to one postcode.
- From crisp, new developments to older residences, Banks Close offers a mix of property types as shown in transaction data.
- Energy data shows that homes on Banks Close hold an average rating of 87 (B), with future improvements possibly leading to 96 (A).
- On Banks Close, the average residence covers 977 square feet, 3% roomier than Worcester standards.
- On this particular street, new ownership tends to happen every 3 months, which is ahead of the 9.23 months district-wide trend.
Buying Better in the Area
What to Expect, Avoid or Watch in Worcester
Whether you’re investing or just curious, these articles offer a clear, honest look at what’s really going on in the housing market (at street level).
Also, the Worcester House Prices page on our site gives you a clean look at how pricing has shifted across homes and boroughs.
Standout Sites Nearby
WR2 at a Glance
Curious researchers often turn to WR2, finding its consistent, although careful growth intriguing. The district offers steady increases in property values, addressing cautious optimism for investors eyeing long-term returns. While WR2’s forgotten frenzy endears timid buyers, subtle opportunities announce themselves to those attuned to its evolving dynamics, enticing denizens to believe in its investment dreams.
414
No. of Roads
3,859
No. of Transactions
£400K
Avg. Property Price
1,092
per sq/ft
Avg. Property Size
£290
per sq/ft
Avg. Cost Per Sq/Ft
Similar Streets to Stroll
Other Roads to Discover
WR2 Roads with Similar Prices
- U64006 Monkwood Green
- Holly Tree Lane
- Church Lane
- Granary Close
- Bell Lane
- Church Close
