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Property Prices on The Lane, WR1 - Full Market Breakdown
Get under the surface of The Lane’s property market in the WR1 district in Worcester, and how it compares across the area.
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Associated Postcodes:
WR1 1AE, WR1 1AF, WR1 1AG, ... + 1 more
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House Prices > Worcester > WR1 > The Lane
Housing Activity on This Street
The Pricing Breakdown for The Lane
- On The Lane, 41 properties have found new owners since 2021, averaging £217,100. The homes are generally 903 square feet, yielding £261 per square foot.
- The Lane houses have sold for amounts ranging from £127,500 to £355,000, with square footage pricing fluctuating between £219 and £307.
- The final tick of the market clock for The Lane struck in August 2024.
Street Homes vs Area Markets
Property Costs: The Lane vs Surrounding Areas
By Sector
WR1 1
The WR1 1 sector is kinder to your wallet, costing 9% less than The Lane. (£197,300 vs £217,100) With that in mind, purchasing on The Lane instead of elsewhere could add around £19,800 to your total cost.
By District
i.e. WR1
Market trends show the WR1 district is about 3% cheaper than The Lane. (£210,500 vs £217,100). The financial gap could leave you with an extra £6,600 to find if you pick The Lane over the WR1 district.
By City or Town
i.e. Worcester
When comparing home values, Worcester properties fetch 55% more than those in The Lane on average. (£336,000 vs £217,100). Put another way, The Lane gives you a price tag that’s £118,500 easier to stomach.
More About This Road’s Character
Other Noteworthy Facts About The Lane
- Featuring 88 individual properties, this road makes use of 4 unique postcodes.
- No properties on The Lane are classified as new-builds.
- On The Lane, the average EPC rating is presently 82 (B) with a potential improvement to 87 (B).
- Averaging 903 square feet, homes on The Lane are 11% bigger than the town-wide average in Worcester.
- Properties here change hands roughly every 2 months – noticeably faster than the average resale pace of 7.77 months in WR1.
District Market Breakdowns
Why Worcester Deserves a Closer Look
There’s not a great deal written about house values or sales speed in Worcester – so we decided to do something about that.
Moreover, the Worcester House Prices page brings together everything from flats to detached homes, complete with comparisons across districts.
Quick Visits in the Area
Discover the WR1 Area
Seizing the essence of WR1, Worcester paints a bright picture of optimism with its flourishing cultural scene and potential for economic growth. With promising local amenities and strong educational institutions, the district is poised for a promising future, attracting those in search of vibrant living. The ongoing development projects inspire confidence in its continuous potential.
124
No. of Roads
1,372
No. of Transactions
£300K
Avg. Property Price
874
per sq/ft
Avg. Property Size
£244
per sq/ft
Avg. Cost Per Sq/Ft
Local Gems to Roam
Other Roads You Might Like
Popular Roads in WR1
WR1 Roads with Similar Prices
- Armstrong Drive
- Infirmary Walk
- Flag Meadow Walk
- Lion Court
- Thomas Baxter Close
- Lansdowne Road
Roads Near The Lane
- Taylors Lane
- Arboretum Road
- Barbourne Road
- Barry Street
- Brook Street
- Chestnut Street
