3, Lowermead
3, Lowermead
Description & Estimates
Public records show 3, Lowermead, Leominster to be a modern freehold house with 1,388 ft2 of internal area, sitting on a 537 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Lowermead, Leominster has an estimated sale value of £169,888 and an estimated rental value of £706 per month, assuming reasonable condition and based on the information available.
Lowermead, Yarpole, Leominster, HR6 lies within the HR6 postal district.
Our Data Sources
3, Lowermead, Leominster has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Lowermead, Leominster would be worth £178,383, with a potential rental value of £741 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £157,996, with a rental value of £656 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Lowermead, Leominster has decreased by £2,999 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £21 (3.0%). The property's estimated gross yield is currently 5.0%.
Plot Size
3, Lowermead, Leominster occupies a 537 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
3, Lowermead, Leominster has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 01 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
Sold Prices
3, Lowermead, Leominster last changed hands on 17th February 2021, selling for £150,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 4.7% since February 2021.
- Sold Feb 2021£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 5.4 kilometres of 3, Lowermead, Leominster across the last 2 years.
Most recently, Brookhouse Farm, Leys Lane, Leominster, HR6 0AY, a freehold house, sold at £350,000 on the 17th December 2015.
Read more about house prices in HR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Lowermead, Leominster as the 3rd largest and the 4th most expensive of the 9 addresses on Lowermead, Yarpole, Leominster, HR6.
Against the HR6 postcode district average, it is £137k less expensive than the typical property.
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Schools Nearby
- 2.0kmLuston Primary School
- 3.8kmOrleton CofE Primary School
- 4.1kmKingsland CofE School
- 6.7kmEarl Mortimer College
- 6.8kmWigmore School
- 11.6kmLudlow Church of England School
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Public Transport Nearby
Leominster station is the nearest stop to 3, Lowermead, Leominster at 6.6 kilometres away.
- 6.6kmLeominster
- 11.2kmLudlow
- 14.6kmBucknell
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
