The Shambles - WR1 2RE
Key Postcode Insights
WR1 2RE is a residential postcode situated on The Shambles, Worcester, WR1 with 7 addresses.
It ranks as the 89th largest and 103rd most expensive of the 328 postcodes in the WR1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 2 houses and 5 flats.
- Ave. Sale Price
- £137,018
- 10 Year change
- up 17.4%
- Ave. Rental Price
- £786pcm
- 10 Year change
- up 43.2%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
WR1 2RE is a residential postcode situated on The Shambles, Worcester, WR1 with 7 addresses.
It ranks as the 89th largest and 103rd most expensive of the 328 postcodes in the WR1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 2 houses and 5 flats.
- Ave. Sale Price
- £137,018
- 10 Year change
- up 17.4%
- Ave. Rental Price
- £786pcm
- 10 Year change
- up 43.2%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin WR1 2RE
- Reindeer House
Building | 3 Flats
- 36 The Shambles
Unknown
- 47 The Shambles
Building | 2 Flats
- 50 The Shambles
Unknown
Sales Market Trends
The last sale in WR1 2RE sold for £465,000 on 29th June 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £137,018.
The WR1 2RE Sales Market has increased by 17.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £137,018 |
| June 2025 | -2% | £137,843 |
| June 2024 | 3.8% | £140,683 |
| June 2023 | 1.1% | £135,533 |
| June 2022 | 4.8% | £134,075 |
| June 2021 | 3.4% | £127,883 |
| June 2020 | 1.9% | £123,711 |
| June 2019 | 1.8% | £121,346 |
| June 2018 | 2% | £119,242 |
| June 2017 | 0.2% | £116,918 |
| June 2016 | 2.9% | £116,663 |
| June 2015 | 2.1% | £113,374 |
| June 2014 | 6.2% | £110,990 |
| June 2013 | -1% | £104,552 |
| June 2012 | -0.8% | £105,582 |
| June 2011 | -2.1% | £106,446 |
| June 2010 | 3.9% | £108,685 |
| June 2009 | -13.6% | £104,571 |
| June 2008 | -5.6% | £121,008 |
| June 2007 | 0% | £128,209 |
Rental Market Trends
The current average rental value in the postcode is £786.
The WR1 2RE Rental Market has increased by 43.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £786pcm |
| June 2025 | 5.1% | £761pcm |
| June 2024 | 9.4% | £724pcm |
| June 2023 | 6.3% | £662pcm |
| June 2022 | 6.3% | £623pcm |
| June 2021 | 3.6% | £586pcm |
| June 2020 | 2.7% | £566pcm |
| June 2019 | -0.4% | £550pcm |
| June 2018 | 2.6% | £553pcm |
| June 2017 | -1.9% | £538pcm |
| June 2016 | 2.8% | £549pcm |
| June 2015 | 1.7% | £534pcm |
| June 2014 | 1.8% | £525pcm |
| June 2013 | 0.4% | £516pcm |
| June 2012 | 1% | £514pcm |
| June 2011 | 1.2% | £509pcm |
| June 2010 | 0.7% | £502pcm |
| June 2009 | -9.1% | £499pcm |
| June 2008 | 4.2% | £549pcm |
| June 2007 | 0% | £527pcm |
Sales History
The last sale was on 29th June 2018 for £465,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
WR1 2RE has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
WR1 2RE is the 89th largest and the 103rd most expensive postcode out of the 328 postcodes in the WR1 area.
- WR1 2DS, Reindeer Court, Worcester, WR1WR1 2DS9 Addresses|27 m away
- WR1 2DL, New Street, Worcester, WR1WR1 2DL19 Addresses|51 m away
- WR1 2DH, Mealcheapen Street, Worcester, WR1WR1 2DH5 Addresses|61 m away
- WR1 2RF, The Shambles, Worcester, WR1WR1 2RF1 Addresses|67 m away
- WR1 2JX, Windsor Row, Worcester, WR1WR1 2JX2 Addresses|71 m away
Property Types
- 5 modern flats built after 1980
- 2 other addresses of unknown type
- modern flat (5)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- No EPC (2)
Schools Nearby
- Stanley Road Primary School600 m away
- St Clement's CofE Primary1.1 km away
- Our Lady Queen of Peace Catholic Primary1.3 km away
- Christopher Whitehead Language College1.1 km away
- Blessed Edward Oldcorne Catholic College1.3 km away
- Bishop Perowne CofE College1.4 km away
More reading links
Public Transport Nearby
The closest station to WR1 2RE is Worcester Foregate Street station, which is 400 metres away.
- Worcester Foregate Street|400 m away
- Worcester Shrub Hill|700 m away
- Worcestershire Parkway|5.6 km away
- Droitwich Spa|9.4 km away
