Area Guide For Malvern

Malvern is a spa town and civil parish in Worcestershire, England, governed by Malvern Town Council. As of the 2001 census it has a population of 28,749, and includes the historical settlement and commercial centre of Great Malvern on the steep eastern flank of the Malvern Hills, and the former independent urban district of Malvern Link. Many of the major suburbs and settlements that comprise the town are separated by large tracts of open common land and fields and, together with smaller civil parishes adjoining the town council boundaries and the hills, the built up area is often referred to collectively as The Malverns. Archaeological evidence suggests that Bronze Age people had settled in the area around 1000 BC, although it is not known whether these settlements were permanent or temporary. The town itself was founded in the 11th century when Benedictine monks established a priory at the foot of the highest peak of Malvern Hills. During the 19th century Malvern developed rapidly from a village to a sprawling conurbation owing to its popularity as a hydrotherapy spa based on its spring waters. Immediately following the decline of spa tourism towards the end of the 19th century,

Malvern Map

Estimated Price: £279,475
Average Asking Price: £291,204
Price change in last one year: £19,896
Average Price Paid: £228,228
Average Rent Rates: £688


Property Prices Breakdown in Malvern

Average Price for property in Malvern is around £279,475 which varies based on type of property you are interested in and ranges from £376,101 for detached house to around £233,005 for semi-detached. Similarly terraced house is around £182,652 and a flat is worth £165,476. Values have been changing and have risen £1,751 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,345 in last 6 months, £19,896 in last 1 year, £34,396 in last 2 years, £43,536 in last 3 years, £40,589 in last 4 years and £27,415 in last 5 years.

Currently average asking price of a property in Malvern is around £291,204 based on approximately 669 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £688 per month.

Estimated property value in Malvern is £279,475. Average asking price is £291,204 while average price paid is £239,728 which is up by £19,896 and Avg. asking rent £688.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Malvern area. In last 1 year alone average price buyer paid is around £239,728 based on approximately 669 sales in Malvern area alone. If you compare it to last 3 years sales of 1,967 properties where buyers paid around £229,824. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £228,228 for 3,137 and average amount paid for purchase of approx. 4,098 properties sold in last 7 years comes to about £228,046 per sale.


Properties For Sale in Malvern


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £116,650, £200,251 for a 2 bedroom house, £267,956 for a 3 bedroom house, £396,339 for a 4 bedroom house and £447,430 for a 5 bedroom house. For a flat similarly the prices varies from £131,067 for a single bedroom to £173,681 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £243,125. To sum up the asking prices for properties in Malvern it comes to around average £129,404 for 1 bedroom property, £187,159 for 2 bedroom, £263,664 for 3 bedroom, £396,339 for 4 bedroom and £447,430 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £660 for 2 bedroom to £794 for 3 bedroom and £1,049 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £502. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £598 and £702 for 3 bedroom. You should be generally be expecting around average £502 rent per month for single bedroom property, £626 for 2 bedroom, £773 for 3 bedroom and approximately £1,049 for 4 bedroom property in Malvern area.

Popular Houses in Malvern

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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