281, The Homend
281, The Homend
Description & Estimates
281, The Homend, Ledbury is recorded publicly as a modern freehold house across 871 ft2 of internal area, sitting on a 155 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 281, The Homend, Ledbury is £266,531 and its rental estimate is £1,056 per month, given the available information and assuming reasonable condition.
The Homend, Ledbury, HR8 falls within the HR8 postal district.
Our Data Sources
281, The Homend, Ledbury has 31 entries in the Land Registry , most recently in September 2014 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 281, The Homend, Ledbury, we estimate a market value of £279,857 and a rental value of £1,109 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £247,874 and £982 per month respectively.
Recent Market Change
Over the last year, 281, The Homend, Ledbury has seen its estimated sale value decline by £2,906 (1.1%) and its estimated rental value climb by £35 per month (3.3%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 281, The Homend, Ledbury as measuring 155 m2.
That makes it the 8th largest plot in the postcode, where 11 of the 13 other houses have recorded plot data.
Energy Efficiency
281, The Homend, Ledbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 281, The Homend, Ledbury completed on 26th September 2014 at £197,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 59.6% over the period since September 2014.
- Sold Sep 2014£197,000
- Sold Oct 2004£173,000
- Sold Dec 2003£166,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 281, The Homend, Ledbury have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th August 2021, was 283, The Homend, Ledbury, HR8 1AR, a freehold house which sold for £240,000.
Read more about house prices in HR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 244 addresses on The Homend, Ledbury, HR8, 281, The Homend, Ledbury comes out as the 99th largest and the 55th most expensive in our analysis of the public data.
It is also £92k less expensive than the average property across the HR8 district.
More reading links
Schools Nearby
- 600mLedbury Primary School
- 2.7kmEastnor Parochial Primary School
- 4.9kmBosbury CofE Primary School
- 1.4kmJohn Masefield High School
- 10.2kmThe Chase
- 11.9kmDyson Perrins CofE Academy
More reading links
Public Transport Nearby
From 281, The Homend, Ledbury, the nearest station is Ledbury, 100 metres away.
- 100mLedbury
- 6.1kmColwall
- 10.3kmGreat Malvern
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
