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Old Tram Road is a residential street with 8 addresses.
It ranks as the 130th largest and 222nd most expensive of the 599 streets in the HR2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 8 properties: 8 houses.
Old Tram Road is a residential street with 8 addresses.
It ranks as the 130th largest and 222nd most expensive of the 599 streets in the HR2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 8 properties: 8 houses.
Sale prices range from £211,355 for 3 bedroom freehold houses with a garden (871 ft2) to £232,337 for 3 bedroom freehold houses with a garden (1,001 ft2) .
Monthly rental prices range from £1,044 pcm for 3 bed houses to £1,112 pcm for 3 bed houses.
The gross rental yield is between 5.7% and 5.9%.
The average value per square foot is £236.
The last sale on Old Tram Road sold for £179,950 on 10th July 2020. Since then prices are up an average of 25.8%.
The current average value in the street is £220,075.
The Old Tram Road Sales Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.9% | £220,075 |
| May 2025 | 2.2% | £222,016 |
| May 2024 | -1.6% | £217,189 |
| May 2023 | 3.5% | £220,700 |
| May 2022 | 15.6% | £213,184 |
| May 2021 | 6.3% | £184,380 |
| May 2020 | 1.1% | £173,477 |
| May 2019 | 4.1% | £171,669 |
| May 2018 | 5.2% | £164,856 |
| May 2017 | 3.4% | £156,700 |
| May 2016 | 4.1% | £151,505 |
| May 2015 | 1% | £145,470 |
| May 2014 | 5.3% | £143,991 |
| May 2013 | 2.7% | £136,710 |
| May 2012 | -3% | £133,108 |
| May 2011 | 0.6% | £137,275 |
| May 2010 | 8.3% | £136,448 |
| May 2009 | -12.1% | £125,985 |
| May 2008 | -0.9% | £143,252 |
| May 2007 | 0% | £144,615 |
The current average rental value in the street is £1,071.
The Old Tram Road Rental Market has increased by 53.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.3% | £1,071pcm |
| May 2025 | 4.3% | £1,027pcm |
| May 2024 | 9.1% | £984pcm |
| May 2023 | 3.4% | £902pcm |
| May 2022 | 12% | £872pcm |
| May 2021 | 4.4% | £779pcm |
| May 2020 | 1% | £746pcm |
| May 2019 | 0.2% | £739pcm |
| May 2018 | 2.4% | £737pcm |
| May 2017 | 3% | £720pcm |
| May 2016 | 6% | £699pcm |
| May 2015 | 3.8% | £659pcm |
| May 2014 | 0.7% | £635pcm |
| May 2013 | 1.5% | £630pcm |
| May 2012 | 0.7% | £621pcm |
| May 2011 | 1.5% | £617pcm |
| May 2010 | 7.6% | £608pcm |
| May 2009 | -5.4% | £565pcm |
| May 2008 | 5.3% | £597pcm |
| May 2007 | 0% | £567pcm |
The last sale was on 10th July 2020 for £179,950 and since then the market in the area has increased by 25.8%. The street has had a total of 4 sales since 1995.
Old Tram Road, Hereford, HR2 has seen no sales in the last three years and no sales in the last twelve months.
Old Tram Road, Hereford, HR2 is the 130th largest and the 222nd most expensive street in the HR2 area.
There is 1 postcode on Old Tram Road, Hereford, HR2.
The closest station to Old Tram Road, Hereford, HR2 is Hereford station which is 2.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Old Tram Road, Hereford, HR2, 38.1% of property is privately owned outright and 30.2% 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 Old Tram Road, Hereford, HR2, 17.1% of residents are recorded as possessing school level qualifications and 25.4% 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 Old Tram Road, Hereford, HR2, the average age was 36.7 and the most common age was 32.
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 Old Tram Road, Hereford, HR2, 0.3% 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 Old Tram Road, Hereford, HR2, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
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.