4, Lowermead
4, Lowermead
Description & Estimates
4, Lowermead, Leominster appears in the public record as a freehold house sitting on a 1,225 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 716 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 4, Lowermead, Leominster is £118,927 and its rental estimate is £558 per month, given the available information and assuming reasonable condition.
Lowermead, Yarpole, Leominster, HR6 falls within the HR6 postal district.
Our Data Sources
4, Lowermead, Leominster has a single entry in the Land Registry from March 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, Lowermead, Leominster, we estimate a market value of £124,873 and a rental value of £585 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,602 and £519 per month respectively.
Recent Market Change
Over the last year, 4, Lowermead, Leominster has seen its estimated sale value decline by £1,240 (1.0%) and its estimated rental value climb by £19 per month (3.4%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 4, Lowermead, Leominster as measuring 1,225 m2.
That makes it the 2nd largest plot in the postcode, where 4 of the 9 other houses have recorded plot data.
Sold Prices
The most recent sale of 4, Lowermead, Leominster completed on 27th March 2019 at £175,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 2.7% over the period since March 2019.
- Sold Mar 2019£175,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 4, Lowermead, Leominster have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st May 2019, was 1, Lowermead, Leominster, HR6 0FE, a freehold house which sold for £170,000.
Read more about house prices in HR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 9 addresses on Lowermead, Yarpole, Leominster, HR6, 4, Lowermead, Leominster comes out as the 5th largest and the 6th most expensive in our analysis of the public data.
It is also £188k less expensive than the average property across the HR6 district.
More reading links
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
More reading links
Public Transport Nearby
From 4, Lowermead, Leominster, the nearest station is Leominster, 6.6 kilometres away.
- 6.6kmLeominster
- 11.2kmLudlow
- 14.6kmBucknell
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
