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Malvern Close, WR2 - Complete Guide to House Prices
Explore the ups and downs of the property market on Malvern Close in the WR2 district in Worcester.
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Associated Postcodes:
WR2 6RA
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House Prices > Worcester > WR2 > Malvern Close
Housing Activity on This Street
Key Details about Property Prices in Malvern Close
- Since 2021, Malvern Close has had 2 property deals, with homes averaging £161,300. These properties span 658 square feet on average, translating to £208 per square foot.
- The homes sold on Malvern Close have fetched amounts between £146,000 and £178,000, with per-square-foot costs fluctuating between £192 and £226.
- April 2023 was the moment of the latest property handshake on Malvern Close.
Local Market Showdown
Market Comparison: Malvern Close vs Surrounding Areas
By Locality
Lower Broadheath
Compared to Malvern Close, buying in Lower Broadheath means spending an extra 117% on average. (£349,900 vs £161,300) With that in mind, selecting Malvern Close could cut your costs by around £188,700 compared to Lower Broadheath.
By Sector
WR2 6
Saving money? Homes on Malvern Close typically cost 95% less than those elsewhere in the sector. (£313,900 vs £161,300). The price gap indicates that homes on Malvern Close are typically priced £152,700 below comparable properties elsewhere in the sector.
By District
i.e. WR2
Buying a home in the WR2 district could set you back approximately 71% more than purchasing on Malvern Close. (£276,000 vs £161,300). The price gap indicates that an equivalent property on Malvern Close could come with a lower cost of around £114,800 compared to homes elsewhere in the same district.
By City or Town
i.e. Worcester
Properties in Worcester come at a premium, averaging 63% more than those in Malvern Close. (£263,000 vs £161,300). Hence, buying on Malvern Close rather than in Worcester could leave you with savings of £102,100.
More to This Street’s Story
Little-Known Insights About Malvern Close
- Just one postcode encompasses all 18 homes along this well-defined stretch.
- All properties on Malvern Close predate new-build developments.
- The average EPC score for properties on Malvern Close is currently 70 (C), with a potential future score of 83 (B).
- Homes on Malvern Close average 658 square feet, 53% broader than the typical Worcester residence.
- Homes change hands here more frequently, at around 43 months, while the average in WR2 is a slower 8.64 months.
Sector Secrets Shared
Essential Reads About Worcester
Eyeing a property purchase or investment in Worcester? Our articles uncover top locations, real estate trends, and insider tips to secure the right bargain.
Furthermore, for a rounded view of how Worcester compares with nearby areas, the Worcester House Prices page is worth a visit.
Area Highlights to See
A Closer Look at WR2
If WR2 is part of your research list, whether as a maybe or a strong candidate, the following set of observations and numbers should give you firmer ground to stand on.
423
No. of Roads
4,208
No. of Transactions
£300K
Avg. Property Price
1,079
per sq/ft
Avg. Property Size
£275
per sq/ft
Avg. Cost Per Sq/Ft
Streets Worth Noting
Other Roads to Check Out
WR2 Roads with Similar Prices
- Ingles Drive
- Gresham Road
- Marlow Road
- Lear Close
- Dolphin Close
- Drake Avenue
