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Droitwich Spa House Prices Droitwich Spa House Prices

The average house price in Droitwich Spa is £321,921 using HM Land Registry data.

The average property price increased by £37,543 (13.88%) over the last 5 years and increased by £7,503 (2.5%) over the last 12 months.

Over the last year, there were 281 residential property sales – a decrease of 136 transactions (-48.40%) relative to the previous year. The majority of house sales (65) were in the £188,000 - £256,000 range. Then came properties in the £120,000 - £188,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,566 (-2%).

In April 2024, there were 58 new estate agency instructions, 36 agreed home sales and 7 property price reductions.

Postcodes Covered: WR9

5-Year Average Property Prices in Droitwich Spa

13.88%

Property prices in Droitwich Spa increased by 13.88% 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 Droitwich Spa Over the Last Year

2.5%

Property prices in Droitwich Spa increased by 2.5% 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 Droitwich Spa - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Droitwich Spa

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 Droitwich Spa

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 Droitwich Spa

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 Droitwich Spa since 1995

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

Recent Property Sales in Droitwich Spa

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
36 Shirley Road, Droitwich, Worcestershire, WR9 8NR£290,000£285,000-£5,00025 Aug 202304 Mar 2024192 Days
21 St Georges Crescent, Droitwich, Worcestershire, WR9 8BX£140,000£130,000-£10,00002 Jul 202304 Mar 2024246 Days
40 Wedgberrow Close, Droitwich, Worcestershire, WR9 8RS£270,000£259,000-£11,00013 Nov 202329 Feb 2024108 Days
5 The Holloway, Droitwich, Worcestershire, WR9 8HD£375,000£370,000-£5,00024 Oct 202328 Feb 2024127 Days
47 Maytree Hill, Droitwich, Worcestershire, WR9 7QU£390,000£350,000-£40,00011 Sep 202306 Feb 2024148 Days
5 Chawson Pleck, Droitwich, Worcestershire, WR9 8TB£180,000£180,000£0028 Sep 202301 Feb 2024126 Days
17 Calder Close, Droitwich, Worcestershire, WR9 8DU£265,000£252,000-£13,00004 Oct 202326 Jan 2024114 Days
6 Vernon Grove, Droitwich, Worcestershire, WR9 9LQ£340,000£327,000-£13,00008 Sep 202326 Jan 2024140 Days
Flat 10, Rowan Court, Worcester Road, Droitwich, Worcestershire, WR9 8AH£130,000£125,500-£4,50008 Nov 202326 Jan 202479 Days
Flat 2, Farrington House, Burrish Street, Droitwich, Worcestershire, WR9 8HX£100,000£98,000-£2,00001 Sep 202324 Jan 2024145 Days
17 Penrice Road, Droitwich, Worcestershire, WR9 8NS£360,000£360,000£0028 Sep 202312 Jan 2024106 Days
34 Charlotte Bronte Drive, Droitwich, Worcestershire, WR9 7HU£525,000£510,000-£15,00017 Aug 202306 Jan 2024142 Days
Flat 7, Whittingham Court, Tower Hill, Droitwich, Worcestershire, WR9 8AF£130,000£112,000-£18,00021 Jun 202320 Dec 2023182 Days
63 Farriers Square, Droitwich, Worcestershire, WR9 9EU£180,000£178,000-£2,00013 Sep 202320 Dec 202398 Days
11 The Holloway, Droitwich, Worcestershire, WR9 8HD£259,000£250,000-£9,00001 Jun 202320 Dec 2023202 Days
31 Windsor Road, Droitwich, Worcestershire, WR9 7BY£435,000£435,000£0011 Apr 202319 Dec 2023252 Days
52 Bowden Green, Droitwich, Worcestershire, WR9 8WZ£475,000£465,000-£10,00015 Aug 202314 Dec 2023121 Days
44 Calder Close, Droitwich, Worcestershire, WR9 8DU£270,000£262,500-£7,50002 Sep 202313 Dec 2023102 Days
Flat 3, Whittingham Court, Tower Hill, Droitwich, Worcestershire, WR9 8AF£125,000£120,000-£5,00004 Apr 202305 Dec 2023245 Days
30 Leigh Grove, Droitwich, Worcestershire, WR9 9LD£275,000£275,000£0029 Aug 202304 Dec 202397 Days

Most Expensive Streets in Droitwich Spa

PostcodeStreetAreaAverageNo. of Sales
WR9 7AALyttelton RoadDroitwich£899,2005
WR9 7JBCopcut LaneCopcut£716,23013
WR9 7BECorbett AvenueDroitwich£690,0784
WR9 7ABLyttelton RoadDroitwich£681,5008
WR9 7AQTagwell RoadDroitwich£623,3336
WR9 7FQMagpie WalkDroitwich£581,7955
WR9 7BPKing George AvenueDroitwich£533,7504
WR9 0DNInett WayDroitwich£532,5003
WR9 7FUBlackbird LeysDroitwich£525,66112
WR9 7DFVictoria AvenueDroitwich£524,0007

Least Expensive Streets in Droitwich Spa

PostcodeStreetAreaAverageNo. of Sales
WR9 9HSThe ScotlandsDroitwich£98,3333
WR9 8EBNorbury HouseFriar Street, Droitwich£102,52520
WR9 8AFWhittingham CourtTower Hill£104,67520
WR9 8UUKingfisher CourtDroitwich£109,16621
WR9 8LEVines MewsDroitwich£114,5836
WR9 8RESt Andrews CloseDroitwich£133,35010
WR9 9EPWoodmans RiseDroitwich£138,1015
WR9 9BEAcre LaneDroitwich£139,6005
WR9 9HBHunters CloseDroitwich£139,6878
WR9 9EAPloughmans RiseDroitwich£143,1663

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