Worcester Park House Prices Worcester Park House Prices

The average house price in Worcester Park is £489,916 using HM Land Registry data.

The average property price increased by £117,279 (24.98%) over the last 5 years and increased by £23,439 (4.16%) over the last 12 months.

Over the last year, there were 174 residential property sales – a decrease of 67 transactions (-38.51%) relative to the previous year. The majority of house sales (36) were in the £434,000 - £538,000 range. Then came properties in the £538,000 - £642,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,036 (-2%).

In April 2024, there were 36 new estate agency instructions, 17 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in Worcester Park

24.98%

Property prices in Worcester Park increased by 24.98% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Worcester Park Over the Last Year

4.16%

Property prices in Worcester Park increased by 4.16% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Worcester Park - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Worcester Park

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Worcester Park

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Worcester Park

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Worcester Park since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Worcester Park area since 1995.

Recent Property Sales in Worcester Park

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Braemar Road, Worcester Park, Greater London, KT4 8SN£565,000£565,000£0013 Jul 202308 Dec 2023148 Days
102 Washington Road, Worcester Park, Greater London, KT4 8JH£340,000£320,000-£20,00019 Jun 202308 Dec 2023172 Days
25 Beverley Road, Worcester Park, Greater London, KT4 8LX£675,000£640,000-£35,00017 Aug 202308 Dec 2023113 Days
97 Sandringham Road, Worcester Park, Greater London, KT4 8UH£700,000£680,000-£20,00024 Jul 202308 Dec 2023137 Days
5 Hemingford Road, Cheam, Sutton, Greater London, SM3 8HG£725,000£690,000-£35,00008 Sep 202330 Nov 202383 Days
17 Dorchester Road, Worcester Park, Greater London, KT4 8NW£459,950£427,500-£32,45014 Jul 202327 Nov 2023136 Days
101 Longfellow Road, Worcester Park, Greater London, KT4 8BD£475,000£470,000-£5,00007 Feb 202315 Nov 2023281 Days
Apartment 8, Lotus House, Yoga Way, Worcester Park, Greater London, KT4 8FQ£300,000£148,668-£151,33226 Dec 201709 Nov 20232144 Days
79 Longfellow Road, Worcester Park, Greater London, KT4 8BD£450,000£442,000-£8,00021 Aug 202309 Nov 202380 Days
18 Browning Avenue, Worcester Park, Greater London, KT4 8AY£450,000£435,000-£15,00014 Jul 202331 Oct 2023109 Days
99 Bridgewood Road, Worcester Park, Greater London, KT4 8XS£600,000£587,000-£13,00021 Jun 202320 Oct 2023121 Days
89 Wickham Avenue, Cheam, Sutton, Greater London, SM3 8EB£750,000£745,000-£5,00009 Jun 202309 Oct 2023122 Days
139 Cheam Common Road, Worcester Park, Greater London, KT4 8SY£720,000£695,000-£25,00021 Mar 202302 Oct 2023195 Days
104 Bridgewood Road, Worcester Park, Greater London, KT4 8XS£520,000£492,000-£28,00014 Apr 202329 Sep 2023168 Days
41 Moreton Road, Worcester Park, Greater London, KT4 8EY£575,000£565,000-£10,00003 May 202325 Sep 2023145 Days
46 Bridgewood Road, Worcester Park, Greater London, KT4 8XP£625,000£575,000-£50,00013 Apr 202321 Sep 2023161 Days
18 Braemar Road, Worcester Park, Greater London, KT4 8SW£625,000£620,000-£5,00019 Apr 202307 Sep 2023141 Days
6 St Philips Avenue, Worcester Park, Greater London, KT4 8JT£650,000£640,000-£10,00004 Apr 202330 Aug 2023148 Days
111 Browning Avenue, Worcester Park, Greater London, KT4 8LD£470,000£470,000£0025 May 202329 Aug 202396 Days
96 Longfellow Road, Worcester Park, Greater London, KT4 8BE£450,000£438,000-£12,00014 Apr 202318 Aug 2023126 Days

Most Expensive Streets in Worcester Park

PostcodeStreetAreaAverageNo. of Sales
KT4 8XBKingsmead AvenueWorcester Park£1,015,0004
KT4 8UZKingsmead AvenueWorcester Park£991,6663
KT4 8UTKingsmead AvenueWorcester Park£882,5006
KT4 8LHRuskin DriveWorcester Park£831,2504
SM3 8EBWickham AvenueSutton£829,6666
SM3 8EENewbolt AvenueSutton£826,6119
KT4 8BPSherbrooke WayWorcester Park£821,60010
SM3 8EAWickham AvenueSutton£814,0005
KT4 8XDOaks AvenueWorcester Park£795,0004
KT4 8TYTudor AvenueWorcester Park£786,6663

Least Expensive Streets in Worcester Park

PostcodeStreetAreaAverageNo. of Sales
SM3 8HJSidmouth CourtWordsworth Drive£185,5003
SM3 8HHWordsworth DriveSutton£238,31216
KT4 8NJPondside AvenueWorcester Park£247,7503
KT4 8GAGreen LaneWorcester Park£258,5717
SM3 8JELondon RoadSutton£274,3339
SM3 8JDQueensfield CourtLondon Road£300,0005
KT4 8EACentral RoadWorcester Park£304,5836
KT4 8QSCheam Common RoadWorcester Park£306,8754
KT4 8PNBisley CloseWorcester Park£313,5836
SM3 8HLYardley CourtHemingford Road£323,15719

Explore Worcester Park and Neighbouring Area House Prices