3 Homend Walk, The Homend
3 Homend Walk, The Homend
Description & Estimates
3 Homend Walk, The Homend, Ledbury is recorded publicly as a period leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3 Homend Walk, The Homend, Ledbury is £89,519 and its rental estimate is £525 per month, given the available information and assuming reasonable condition.
3, The Homend is a residential building on The Homend, Ledbury, HR8 and falls within the HR8 postal district.
Our Data Sources
3 Homend Walk, The Homend, Ledbury has 21 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated March 2021.
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 3 Homend Walk, The Homend, Ledbury, we estimate a market value of £93,995 and a rental value of £552 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £83,253 and £489 per month respectively.
Recent Market Change
Over the last year, 3 Homend Walk, The Homend, Ledbury has seen its estimated sale value increase by £632 (0.7%) and its estimated rental value grow by £27 per month (5.1%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
3 Homend Walk, The Homend, Ledbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3 Homend Walk, The Homend, Ledbury completed on 7th November 2014 at £176,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 85.7% over the period since November 2014.
- Sold Nov 2014£176,000
- Sold Jul 2000£50,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 3 Homend Walk, The Homend, Ledbury have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2014, was 4 Homend Walk, The Homend, Ledbury, HR8 1BX, a leasehold flat which sold for £124,000.
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, 3 Homend Walk, The Homend, Ledbury comes out as the 191st largest and the 207th most expensive in our analysis of the public data.
It is also £269k less expensive than the average property across the HR8 district.
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Schools Nearby
- 400mLedbury Primary School
- 2.4kmEastnor Parochial Primary School
- 5.3kmBromesberrow St Mary's Church of England Primary School
- 800mJohn Masefield High School
- 10.5kmThe Chase
- 12.3kmDyson Perrins CofE Academy
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Public Transport Nearby
From 3 Homend Walk, The Homend, Ledbury, the nearest station is Ledbury, 600 metres away.
- 600mLedbury
- 6.5kmColwall
- 10.7kmGreat 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.
