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Drake Avenue, WR2 - Current House Values & Market Shifts
Access a full overview of Drake Avenue in Worcester, detailing how it stacks up against nearby Drake Avenues and Worcester as a whole.
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Associated Postcodes:
WR2 5RH, WR2 5RP, WR2 5RQ, ... + 6 more
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House Prices > Worcester > WR2 > Drake Avenue
Street’s Property Overview
The Latest Price Trends on Drake Avenue
- Drake Avenue has tallied 30 sales since 2021, with an average cost per home of £158,000. The dwellings typically measure 794 square feet, resulting in £184 per square foot.
- Property sales on Drake Avenue have fallen within a range of £80,000 to £220,000, with square foot pricing ranging from £135 to £265.
- The final chapter of home sales on Drake Avenue was completed in December 2024.
Property Values vs the Vicinity
Price Contrast: Drake Avenue and Surrounding Areas
By Sector
WR2 5
Compared to the sector, Drake Avenue prices let you keep around 81% more in your bank account. (£285,400 vs £158,000). As such, buyers opting for Drake Avenue could pay around £127,400 less than elsewhere in the sector.
By District
i.e. WR2
Champagne taste? The WR2 district charges about 95% more than Drake Avenue for the privilege. (£308,600 vs £158,000). With this insight, securing a similar home on Drake Avenue might cost you around £150,600 less than other district options.
By City or Town
i.e. Worcester
Properties in Worcester come at a premium, averaging 112% more than those in Drake Avenue. (£336,000 vs £158,000). From a financial perspective, Drake Avenue offers a potential saving of £177,600 compared to Worcester.
Road Info You’ll Want to Know
Additional Useful Facts About Drake Avenue
- Comprising 272 properties, this road has 9 postcodes.
- Every property on Drake Avenue is an existing home, with no new-builds.
- According to EPC reports, the average on Drake Avenue is 70 (C), with the potential to reach a better grade of 84 (B).
- Across Drake Avenue, homes average 794 square feet, 27% bigger than the Worcester benchmark.
- Owners here tend to list sooner, often within 3 months, while other roads in WR2 usually see 9.23 months pass before a sale.
City Buyer’s Briefing
How Worcester Compares to the Rest
Aiming to buy or invest in Worcester? Dive into our resources for prime streets, real estate updates, and tips to score a fantastic deal.
Additionally, the Property Prices in Worcester page on our website outlines annual shifts, home type variations, and neighbouring area stats.
Top Area Getaways
Unpacking WR2: Insights & Info
What drives WR2’s ongoing allure? An eternal question worth pondering. Its timeless architecture, possessing a strength of years, frames unfolding stories new and old. This dynamic orchestrates harmony where life’s eternal rhythm beats alongside historical integrity, symbolically looking beyond today, crafting curious optimism that exists only for those willing to see life’s intricacies.
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
Local Gems to Roam
Roads to Spotlight Next
WR2 Roads with Similar Prices
- Marlow Road
- Maund Street
- Malvern Close
- Gresham Road
- Lear Close
- Swanpool Walk
Roads Near Drake Avenue
- Church Close
- Bromyard Road
- Christine Avenue
- Claphill Lane
- Coronation Avenue
- Grange Lane
