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Mill Lane, WR7 Property Market Overview
Get a firm handle on recent property sales for Mill Lane in the WR7 district in Worcester.
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Associated Postcodes:
WR7 4BE, WR7 4LP, WR8 9HB, ... + 2 more
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House Prices > Worcester > WR7 > Mill Lane
Street’s Market Snapshot
Understanding Recent Transactions in Mill Lane
- Since 2021, Mill Lane has recorded 12 transactions, with houses selling for an average of £433,200. The average size is 2,117 square feet, equating to £212 per square foot.
- Mill Lane homes have been traded for prices between £20,000 and £1,710,000, with the price per square foot moving between £7 and £707.
- November 2024 marked the final flutter of the “sold” sign on Mill Lane.
Street Homes vs Area Markets
Mill Lane Real Estate vs Surrounding Areas
By Locality
Radford
The typical home in Radford is 61% more budget-friendly than one on Mill Lane. (£168,600 vs £433,200) Given the numbers, opting for Radford could help you avoid spending an extra £264,600 compared to Mill Lane.
By Sector
WR7 4
Buying in Mill Lane is like getting a built-in 1% discount. (£439,000 vs £433,200). With these figures, a property of similar size on Mill Lane might carry a cost £5,900 below others in the same sector.
By District
i.e. WR7
It typically costs around 1% more to purchase in the WR7 district than on Mill Lane. (£439,000 vs £433,200). If stretching your budget is key, Mill Lane could mean an instant saving of about £5,900.
By City or Town
i.e. Worcester
House hunters considering Worcester will find average prices 39% cheaper than in Mill Lane. (£263,000 vs £433,200). Based on this difference, purchasing a similar property elsewhere in Worcester instead of on Mill Lane could leave you with an extra £169,900.
More Street-Level Scoop
More Insights on Mill Lane
- On this road, 81 homes exist, mapped to 5 different postcodes.
- With no new-builds listed or sold, Mill Lane remains entirely pre-established.
- Right now, Mill Lane homes average a rating of 56 (D), which might be pushed to 79 (C).
- The average property on Mill Lane extends to 2,117 square feet, 52% above the typical Worcester home.
- With a faster turnover rate of 7 months, this street outpaces most other roads in WR7 where the average is 15.65 months.
Local Housing Highlights
Local Market Insights for Worcester
In Worcester, pricing and pace often vary street by street – and no one talks about it. These articles do.
Additionally, our property price page shows the numbers, while the Worcester blog hub shares what it’s like to live and buy here.
Local Gems Worth a Visit
Unpacking WR7: Insights & Info
Calling all budget-savvy home seekers! WR7 in Worcester offers affordable housing with countryside charm. As property prices remain competitive, prospective buyers should act swiftly for ideal family homes and investment opportunities.
89
No. of Roads
489
No. of Transactions
£500K
Avg. Property Price
1,492
per sq/ft
Avg. Property Size
£321
per sq/ft
Avg. Cost Per Sq/Ft
Nearby Roads of Note
Other Roads to Peek At
Popular Roads in WR7
WR7 Roads with Similar Prices
- Chestnut Lane
- Ross Crescent
- High Street
- Manor Farm
- Croft Road
- Netherwood Lane
Roads Near Mill Lane
- High Street
- Upper Battenhall
- Apple Tree Close
- Appletree Lane
- Box Bush Drive
- Brecon Close
