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Great Malvern House Prices Great Malvern House Prices

The average house price in Great Malvern is £325,660 using HM Land Registry data.

The average property price increased by £88,839 (33.02%) over the last 5 years and increased by £17,755 (5.22%) over the last 12 months.

Over the last year, there were 411 residential property sales – a decrease of 187 transactions (-45.50%) relative to the previous year. The majority of house sales (108) were in the £236,000 - £322,000 range. Then came properties in the £150,000 - £236,000 range, where 87 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,887 (-2%).

In April 2024, there were 76 new estate agency instructions, 54 agreed home sales and 31 property price reductions.

Postcodes Covered: WR13, WR14

5-Year Average Property Prices in Great Malvern

33.02%

Property prices in Great Malvern increased by 33.02% 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 Great Malvern Over the Last Year

5.22%

Property prices in Great Malvern increased by 5.22% 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 Great Malvern - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Great Malvern

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 Great Malvern

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 Great Malvern

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 Great Malvern since 1995

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

Recent Property Sales in Great Malvern

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
66 Pickersleigh Road, Malvern, Worcestershire, WR14 2RS£375,000£375,000£0020 Oct 202305 Mar 2024137 Days
21 Hawkwood Close, Malvern, Worcestershire, WR14 1QU£340,000£340,000£0024 Apr 202301 Mar 2024312 Days
19 Bawdsey Avenue, Malvern, Worcestershire, WR14 2EW£230,000£229,000-£1,00003 Oct 202320 Feb 2024140 Days
9 Ashdown Rise, Malvern, Worcestershire, WR14 2RB£185,000£182,500-£2,50030 Oct 202316 Feb 2024109 Days
8 Oxford Road, Malvern, Worcestershire, WR14 2JD£240,000£225,000-£15,00006 Jun 202315 Feb 2024254 Days
Flat 61, Morgan Court, Worcester Road, Malvern, Worcestershire, WR14 1EX£95,000£95,000£0027 Jul 202312 Feb 2024200 Days
59 Meadow Road, Malvern, Worcestershire, WR14 2RZ£350,000£350,000£0013 Oct 202307 Feb 2024117 Days
396 Pickersleigh Road, Malvern, Worcestershire, WR14 2QH£160,000£155,000-£5,00018 Sep 202331 Jan 2024135 Days
7 Avenue Road, Malvern, Worcestershire, WR14 3AL£1,400,000£1,265,000-£135,00027 May 202325 Jan 2024243 Days
91 Wells Road, Malvern, Worcestershire, WR14 4PB£375,000£362,000-£13,00008 Nov 202323 Jan 202476 Days
Tree Tops, Walwyn Road, Upper Colwall, Malvern, Herefordshire, WR13 6PT£435,000£425,000-£10,00016 Oct 202316 Jan 202492 Days
56 Orford Way, Malvern, Worcestershire, WR14 2ER£240,000£222,500-£17,50003 Feb 202311 Jan 2024342 Days
18 Hampden Road, Malvern, Worcestershire, WR14 1NB£290,000£275,000-£15,00009 Mar 202308 Jan 2024305 Days
16 Bawdsey Avenue, Malvern, Worcestershire, WR14 2EW£235,000£235,000£0011 Oct 202319 Dec 202369 Days
14 Richmond Road, Malvern, Worcestershire, WR14 1NE£525,000£517,500-£7,50021 Jul 202312 Dec 2023144 Days
5 Redland Close, Malvern, Worcestershire, WR14 1NW£190,000£185,000-£5,00022 Sep 202308 Dec 202377 Days
24 Eston Avenue, Malvern, Worcestershire, WR14 2SR£365,000£355,000-£10,00022 Aug 202308 Dec 2023108 Days
20 Bluebell Close, Malvern, Worcestershire, WR14 3QR£279,000£257,000-£22,00005 Jul 202305 Dec 2023153 Days
5 Lamb Bank, Malvern, Worcestershire, WR14 4NE£375,000£370,000-£5,00028 Jul 202301 Dec 2023126 Days
126 Brook Farm Drive, Malvern, Worcestershire, WR14 3SJ£235,000£225,000-£10,00018 Aug 202330 Nov 2023104 Days

Most Expensive Streets in Great Malvern

PostcodeStreetAreaAverageNo. of Sales
WR14 4DLBrockhill RoadMalvern£880,3333
WR14 3BHChrist Church RoadMalvern£836,4003
WR14 3HTThe LeesMalvern£812,5004
WR14 4PAWells RoadMalvern£800,0003
WR14 4BJPark RoadMalvern£758,7504
WR14 3EHClarence RoadMalvern£758,2504
WR14 1WBHowey CloseMalvern£729,2857
WR14 3PDHawberry CloseMalvern£722,0005
WR14 3ALAvenue RoadMalvern£665,0004
WR14 4DUCroft BankMalvern£652,0628

Least Expensive Streets in Great Malvern

PostcodeStreetAreaAverageNo. of Sales
WR14 1EXMorgan CourtWorcester Road£87,33318
WR14 1SFWorcester RoadMalvern£91,89419
WR14 2FDProspect CloseMalvern£96,6503
WR14 2AZChurch StreetMalvern£117,6663
WR14 3SUFoxglove CloseMalvern£129,5003
WR14 3NEMerrievale CourtBarnards Green Road£129,8905
WR14 1JEAspen CourtOsborne Road£133,7005
WR14 1USHowsell RoadMalvern£136,3279
WR14 1ERWorcester RoadMalvern£137,9005
WR14 4ASChestnut DriveMalvern£140,0003

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