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Spring Bank is a residential street with 7 addresses.
It ranks as the 66th largest and 83rd most expensive of the 231 streets in the WR8 area. The dominant property type is a modern house built after 1980.
The street contains a total of 7 properties: 7 houses.
Spring Bank is a residential street with 7 addresses.
It ranks as the 66th largest and 83rd most expensive of the 231 streets in the WR8 area. The dominant property type is a modern house built after 1980.
The street contains a total of 7 properties: 7 houses.
Sale prices range from £269,272 for 3 bedroom freehold houses with a garden (731 ft2) to £466,648 for 4 bedroom freehold houses with a garden (1,862 ft2) .
Monthly rental prices range from £1,430 pcm for 3 bed houses to £2,202 pcm for 4 bed houses.
The gross rental yield is between 5.7% and 6.4%.
The average value per square foot is £285.
The last sale on Spring Bank sold for £395,000 on 11th February 2004. Since then prices are down an average of 0.0%.
The current average value in the street is £379,405.
The Spring Bank Sales Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.2% | £379,405 |
| May 2025 | 0.7% | £378,604 |
| May 2024 | -1.9% | £375,973 |
| May 2023 | 2.1% | £383,166 |
| May 2022 | 13.2% | £375,269 |
| May 2021 | 8.8% | £331,586 |
| May 2020 | 2.4% | £304,691 |
| May 2019 | -0.8% | £297,566 |
| May 2018 | 5.5% | £300,086 |
| May 2017 | 6.1% | £284,333 |
| May 2016 | 4.4% | £268,017 |
| May 2015 | 4.3% | £256,766 |
| May 2014 | 5.2% | £246,225 |
| May 2013 | 0.4% | £234,162 |
| May 2012 | -2.7% | £233,205 |
| May 2011 | 6.7% | £239,670 |
| May 2010 | 8.9% | £224,673 |
| May 2009 | -14.7% | £206,303 |
| May 2008 | -0.4% | £241,817 |
| May 2007 | 0% | £242,886 |
The current average rental value in the street is £1,856.
The Spring Bank Rental Market has increased by 55.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.7% | £1,856pcm |
| May 2025 | 5.4% | £1,791pcm |
| May 2024 | 8.3% | £1,700pcm |
| May 2023 | 8.6% | £1,570pcm |
| May 2022 | 7.4% | £1,445pcm |
| May 2021 | 5.7% | £1,346pcm |
| May 2020 | 1.8% | £1,273pcm |
| May 2019 | 0.6% | £1,251pcm |
| May 2018 | 3.2% | £1,244pcm |
| May 2017 | 1.2% | £1,206pcm |
| May 2016 | 3.1% | £1,192pcm |
| May 2015 | 2.5% | £1,156pcm |
| May 2014 | 3.1% | £1,128pcm |
| May 2013 | 0.5% | £1,094pcm |
| May 2012 | 2.5% | £1,089pcm |
| May 2011 | 2.9% | £1,062pcm |
| May 2010 | 7.1% | £1,032pcm |
| May 2009 | -7.6% | £964pcm |
| May 2008 | 2.6% | £1,044pcm |
| May 2007 | 0% | £1,017pcm |
The last sale was on 11th February 2004 for £395,000 and since then the market in the area has remained stable. The street has had a total of 1 sales since 1995.
Spring Bank, Defford, Worcester, WR8 has seen no sales in the last three years and no sales in the last twelve months.
Spring Bank, Defford, Worcester, WR8 is the 66th largest and the 83rd most expensive street in the WR8 area.
There is 1 postcode on Spring Bank, Defford, Worcester, WR8.
The closest station to Spring Bank, Defford, Worcester, WR8 is Pershore station which is 5.9 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Spring Bank, Defford, Worcester, WR8, 71.1% of property is privately owned outright and 24.8% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Spring Bank, Defford, Worcester, WR8, 8.6% of residents are recorded as possessing school level qualifications and 44.8% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Spring Bank, Defford, Worcester, WR8, the average age was 49.2 and the most common age was 72.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Spring Bank, Defford, Worcester, WR8, 2.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Spring Bank, Defford, Worcester, WR8, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.