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Hereford Way is a residential street with 15 addresses.
It ranks as the 234th largest and 526th most expensive of the 669 streets in the NG31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 15 properties: 15 houses.
Hereford Way is a residential street with 15 addresses.
It ranks as the 234th largest and 526th most expensive of the 669 streets in the NG31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 15 properties: 15 houses.
Sale prices range from £182,119 for 3 bedroom freehold houses with a garden (656 ft2) to £336,151 for 4 bedroom freehold houses with a garden (1,205 ft2) .
Monthly rental prices range from £915 pcm for 3 bed houses to £1,208 pcm for 4 bed houses.
The gross rental yield is between 4.3% and 6.2%.
The average value per square foot is £279.
The last sale on Hereford Way sold for £240,000 on 9th August 2022. Since then prices are up an average of 0.4%.
The current average value in the street is £278,439.
The Hereford Way Sales Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.7% | £278,439 |
| May 2025 | 2.8% | £289,130 |
| May 2024 | -0.5% | £281,319 |
| May 2023 | 4.7% | £282,771 |
| May 2022 | 9.1% | £269,974 |
| May 2021 | 6.5% | £247,408 |
| May 2020 | 2.9% | £232,377 |
| May 2019 | 1.4% | £225,916 |
| May 2018 | 4.1% | £222,833 |
| May 2017 | 5.7% | £214,041 |
| May 2016 | 4.2% | £202,410 |
| May 2015 | 5.2% | £194,189 |
| May 2014 | 6.4% | £184,543 |
| May 2013 | 3.1% | £173,437 |
| May 2012 | -0.8% | £168,218 |
| May 2011 | -0.5% | £169,596 |
| May 2010 | 3.9% | £170,429 |
| May 2009 | -16.9% | £163,955 |
| May 2008 | -0.9% | £197,193 |
| May 2007 | 0% | £198,918 |
The current average rental value in the street is £1,065.
The Hereford Way Rental Market has increased by 54.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £1,065pcm |
| May 2025 | 4.1% | £1,041pcm |
| May 2024 | 5.2% | £1,000pcm |
| May 2023 | 9.5% | £950pcm |
| May 2022 | 7% | £867pcm |
| May 2021 | 9% | £811pcm |
| May 2020 | 0.5% | £744pcm |
| May 2019 | 2.6% | £740pcm |
| May 2018 | 1.4% | £721pcm |
| May 2017 | 2.9% | £711pcm |
| May 2016 | 5.6% | £691pcm |
| May 2015 | 2.8% | £655pcm |
| May 2014 | 1.9% | £637pcm |
| May 2013 | 1.1% | £625pcm |
| May 2012 | 0.4% | £618pcm |
| May 2011 | 1.4% | £616pcm |
| May 2010 | 4.1% | £607pcm |
| May 2009 | -5.9% | £583pcm |
| May 2008 | 3% | £619pcm |
| May 2007 | 0% | £601pcm |
The last sale was on 9th August 2022 for £240,000 and since then the market in the area has increased by 0.4%. The street has had a total of 11 sales since 1995.
Hereford Way, Grantham, NG31 has seen no sales in the last three years and no sales in the last twelve months.
Hereford Way, Grantham, NG31 is the 234th largest and the 526th most expensive street in the NG31 area.
There is 1 postcode on Hereford Way, Grantham, NG31.
The closest station to Hereford Way, Grantham, NG31 is Grantham station which is 1.4 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Hereford Way, Grantham, NG31, 55.6% of property is privately owned outright and 27.8% is privately owned with a mortgage.
The graph below shows how this compares to East 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 Hereford Way, Grantham, NG31, 5.9% of residents are recorded as possessing school level qualifications and 25.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Hereford Way, Grantham, NG31, the average age was 42.8 and the most common age was 52.
The graph below shows how this compares to East 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 Hereford Way, Grantham, NG31, 0.0% of property was a second home.
Comparison figures for East 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 Hereford Way, Grantham, NG31, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.