Market outlook for WR3
Key indicators for buyers
The WR3 market is moderately favourable for buyers. Prices have softened (-35.1%), 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 £205,500 with a 25% deposit (£51k), a 2-year fixed mortgage at 3.97% costs around £811 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses WR3 avg. price with Worcester rental data
Monthly mortgage payments (£811) are £138 less than renting (£949). However, buying requires an upfront deposit of £51k — it would take around 7 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 |
|---|---|---|---|
94, ASTWOOD ROAD WR3 8EZ | Terraced | £177,000 | 23 Jan 2026 |
57, ST ANNES ROAD WR3 7PQ | Detached | £287,000 | 9 Jan 2026 |
5, LANSDOWNE RISE WR3 8LN | Flat/Maisonette | £151,000 | 8 Jan 2026 |
23, CHURCH ROAD WR3 8NX | Terraced | £207,000 | 8 Jan 2026 |
28, THE DRIVE WR3 7JS | Semi-detached | £240,000 | 19 Dec 2025 |
43, MAYFIELD ROAD WR3 8NS | Terraced | £267,000 | 19 Dec 2025 |
109, ASTWOOD ROAD WR3 8HA | Semi-detached | £205,000 |
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.