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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Park Gates, Hereford is £183,468 and the estimated rental value is £928 per month.
Wormelow, Hereford, HR2 is located within the HR2 postal district.
2 Park Gates, Hereford has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Park Gates, Hereford is in very good condition we estimate a sale value of £192,642 and a rental value of £974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,625 and a rental value of £863 per month.
Over the last 12 months the sale value of 2 Park Gates Hereford has decreased by an estimated £2,703 (1.5%) and its rental value has increased by an estimated £35 per month (3.7%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 2 Park Gates, Hereford sits on a plot of 178m2.
We have plot size data on 12 out of 12 other houses in the postcode and 2 Park Gates, Hereford sits on the 11th largest plot.
2 Park Gates, Hereford has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 17 Sep 2015.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
According to HM Land Registry, 2 Park Gates, Hereford was last sold on 13th April 2017 for £127,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2017, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Park Gates, Hereford within a radius of 5.9 kilometres over the last 2 years.
The most recent example is Whitacre, Hereford, HR2 8EJ, a freehold house which sold for £190,000 on the 4th September 2015.
Read more about house prices in HR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wormelow, Hereford, HR2 has a total of 100 addresses. According to our analysis of all the public data, 2 Park Gates, Hereford is the 90th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in HR2.
The closest station to 2 Park Gates, Hereford is Hereford station which is 10.6 kilometres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 Park Gates, Hereford, 40.7% of property is privately owned outright and 25.9% 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 2 Park Gates, Hereford, 11.7% of residents are recorded as possessing school level qualifications and 23.5% 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 2 Park Gates, Hereford, the average age was 45 and the most common age was 57.
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 2 Park Gates, Hereford, 1.0% 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 2 Park Gates, Hereford, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.