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Spring Lane, WR5 - Visual Breakdown of House Prices
Uncover essential data about Spring Lane in Worcester, with insights on how it compares to the rest of the area and Worcester overall.
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Associated Postcodes:
WR5 1AU, WR5 1AW
How much do properties typically cost on Spring Lane?
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House Prices > Worcester > WR5 > Spring Lane
Price Trends Along the Road
What’s Happening with House Prices on Spring Lane?
- Since 2021, Spring Lane has had 20 sales, with houses selling for an average of £137,500. The average size is 592 square feet, equating to £238 per square foot.
- Since 2021, Spring Lane homes have pirouetted between £10,000 and £210,000, with square foot prices gliding from £23 to £362.
- September 2024 marked the last house crossing the threshold on Spring Lane.
Housing Costs vs Nearby Areas
Property Costs: Spring Lane vs Surrounding Areas
By Sector
WR5 1
In the battle of price tags, Spring Lane wins, being around 86% cheaper than the sector. (£255,700 vs £137,500). Thus, picking Spring Lane over another sector street could shave off approximately £118,200 from your costs.
By District
i.e. WR5
In simple terms, buying in the WR5 district means paying around 104% more than in Spring Lane. (£280,900 vs £137,500). If you’re counting pennies, Spring Lane could help you keep an extra £143,400 in your mortgage pot.
By City or Town
i.e. Worcester
Compared to Worcester, buying a home on Spring Lane typically costs 144% less. (£137,500 vs £336,000). This suggests that the financial gap between Spring Lane and Worcester could amount to around £198,100 per property.
Beyond Prices on This Street
Everything Else You Should Know About Spring Lane
- This road has 57 dwellings, each tied to one of 2 postcodes.
- From the transaction history, it’s clear that no brand-new properties exist on Spring Lane.
- EPC assessments for Spring Lane indicate a current average rating of 68 (D), with future gains of up to 81 (B).
- Typical homes on Spring Lane are larger than those found across Worcester, offering an average of 592 square feet – 70% more than the town’s average.
- Ownership changes more often here – about every 4 months, noticeably faster than the 8.76 month pace across WR5.
District Deals Unpacked
No-Fluff Articles About Worcester Property Trends
Considering a purchase or investment in Worcester? Dive into our detailed resources on the best areas, property shifts, and market know-how for a smart deal.
Furthermore, our Property Prices in Worcester page is home to trends dating back to 2018, with clear differences by property type and district.
Best Outings in the District
WR5 Area Overview
If the WR5 area has caught your eye, the information we’ve compiled below might be just what you need.
446
No. of Roads
4,377
No. of Transactions
£300K
Avg. Property Price
1,023
per sq/ft
Avg. Property Size
£281
per sq/ft
Avg. Cost Per Sq/Ft
Hidden Roads Around Here
Similar Streets You Might Enjoy
Popular Roads in WR5
WR5 Roads with Similar Prices
- Hill Street
- Dragonfly Green
- Westminster Road
- Byfield Rise
- Victoria Place
- Elmfield Gardens
Roads Near Spring Lane
- Aconbury Close
- Albert Road
- Autumn Terrace
- Blossom Close
- Bradford Place
- Bramble Gardens
