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3, Ocle Mead, Hereford is recorded publicly as a modern freehold house across 2,017 ft2 of internal area, sitting on a 1,322 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 3, Ocle Mead, Hereford is £569,390 and its rental estimate is £1,566 per month, given the available information and assuming reasonable condition.
Ocle Mead, Ocle Pychard, Hereford, HR1 falls within the HR1 postal district.
3, Ocle Mead, Hereford has 2 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated August 2010.
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.
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 3, Ocle Mead, Hereford, we estimate a market value of £597,860 and a rental value of £1,645 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £529,533 and £1,457 per month respectively.
Over the last year, 3, Ocle Mead, Hereford has seen its estimated sale value decline by £15,251 (2.7%) and its estimated rental value climb by £42 per month (2.7%). This results in an estimated gross rental yield of 3.3%.
HM Land Registry records the plot of land for 3, Ocle Mead, Hereford as measuring 1,322 m2.
That makes it the largest plot in the postcode, where all 11 other houses have recorded plot data.
3, Ocle Mead, Hereford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Aug 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 3, Ocle Mead, Hereford completed on 9th February 2018 at £425,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 27.6% over the period since February 2018.
Over the past 2 years 3 properties similar to 3, Ocle Mead, Hereford have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2024, was Blackberries, Marsh Farm, Hereford, HR1 3NN, a freehold house which sold for £615,000.
Read more about house prices in HR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 11 addresses on Ocle Mead, Ocle Pychard, Hereford, HR1, 3, Ocle Mead, Hereford comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £230k more expensive than the average property across the HR1 district.
From 3, Ocle Mead, Hereford, the nearest station is Hereford, 8.5 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Ocle Mead, Hereford, 51.3% of property is privately owned outright and 20.7% is privately rented.
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 3, Ocle Mead, Hereford, 10.5% of residents are recorded as possessing school level qualifications and 31.0% 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 3, Ocle Mead, Hereford, the average age was 48.3 and the most common age was 72.
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 3, Ocle Mead, Hereford, 2.1% 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 3, Ocle Mead, Hereford, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.