Market outlook for WR1
Key indicators for buyers
The WR1 market is moderately favourable for buyers. Prices have softened (-42.0%), which could present a buying opportunity. Affordability has improved from a peak of 8.3x in 2021 to 6.9x today. Rising rents (£949/mo, +4.9%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Worcester area
A home in Worcester costs 6.9x the local median salary — moderate, improving from a peak of 8.3x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Worcester area
Average monthly rent in Worcester is £949, up 4.9% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Worcester price of £182,000 with a 25% deposit (£46k), a 2-year fixed mortgage at 3.97% costs around £718 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses WR1 avg. price with Worcester rental data
Monthly mortgage payments (£718) are £231 less than renting (£949). However, buying requires an upfront deposit of £46k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
28, MAGDALA COURT WR1 3PB | Flat/Maisonette | £160,000 | 16 Jan 2026 |
APARTMENT 26, ST. PETERS COURT, 2, ST. PETERS STREET WR1 2PJ | Flat/Maisonette | £230,000 | 9 Jan 2026 |
63, LION COURT WR1 1UT | Flat/Maisonette | £156,000 | 9 Jan 2026 |
5, BARRY STREET WR1 1NR | Terraced | £145,000 | 22 Dec 2025 |
FLAT 18, DONALDSON COURT, PRINCES DRIVE WR1 2PH | Flat/Maisonette | £138,000 | 22 Dec 2025 |
21, CHESTNUT STREET WR1 1PA | Terraced | £320,000 | 19 Dec 2025 |
APARTMENT 4, SANSOME POINT, 16, SANSOME STREET WR1 1UH |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.