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House Prices on Parkfield Lane, WR2 - What’s the Going Rate?
Get clear, crisp insights into Parkfield Lane in Worcester, and find out how it matches up against nearby patches and the wider Worcester landscape.
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Associated Postcodes:
WR2 6PJ
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House Prices > Worcester > WR2 > Parkfield Lane
Street’s Market Snapshot
Breaking Down House Prices on Parkfield Lane
- Since 2021, Parkfield Lane has recorded 6 transactions, with houses selling for an average of £427,000. The average size is 1,505 square feet, equating to £305 per square foot.
- Homes transacted on Parkfield Lane have fetched figures between £174,000 and £625,000, while per-square-foot rates moved between £189 and £442.
- On Parkfield Lane, the most recent home handover closed in May 2024.
How This Road Compares Locally
Market Comparison: Parkfield Lane vs Surrounding Areas
By Locality
Hallow
Hallow homes average 10% less than properties on Parkfield Lane. (£382,600 vs £427,000) Looking at the data, a decision for Hallow could gift you an instant saving of £44,400.
By Sector
WR2 6
Parkfield Lane properties cost 26% more on average than those in the WR2 6 sector. (£427,000 vs £313,900). This evidence points to a comparable home elsewhere in the sector costing £113,100 less than one on Parkfield Lane.
By District
i.e. WR2
Big difference, smaller bill: the WR2 district homes come at about 35% less than Parkfield Lane. (£276,000 vs £427,000). In monetary terms, a comparable property could run £151,000 higher on Parkfield Lane than in the WR2 district.
By City or Town
i.e. Worcester
Worcester wins the value vote - you’ll avoid the 38% property tax that is Parkfield Lane. (£427,000 vs £263,000). With that premium, Parkfield Lane homes leave you £163,700 lighter - but maybe happier?
Street Perks and Particulars
Further Useful Facts on Parkfield Lane
- This well-formed road holds 23 properties, bound together by one postcode only.
- Parkfield Lane does not have any properties categorized as new-builds.
- The average EPC score of properties on Parkfield Lane is currently 55 (D), with an achievable improvement to 80 (C).
- Homes on Parkfield Lane boast an average size of 1,505 square feet, rendering them 33% bigger than typical Worcester properties.
- Homes tend to sell every 14 months here, which is quicker than the typical 8.64 months seen throughout WR2.
Your Property Cheat Sheet
Unpacking the Market in Worcester, One Street at a Time
Seeking to buy or invest in Worcester? Our in-depth content reveals top streets, market trends, and advice for securing an excellent deal.
Also, our Property Prices in Worcester page gives a crystal-clear overview of how different areas and home types have performed.
Area Outings Worthwhile
WR2 at a Glance
Have a quick glance below for some punchy WR2 data (nothing long-winded).
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
Nearby Streets to See
Other Roads to Peek At
WR2 Roads with Similar Prices
- Belford Close
- Shoulton Lane
- Priory Road
- Hamilton Close
- Avenue Road
- C2103 Deblins Green
