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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Commercial Road, Hereford is a modern freehold house with 1,108 ft2 of internal area and sits on a 63.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Commercial Road, Hereford is £209,680 and the estimated rental value is £974 per month.
Commercial Road, Hereford, HR1 is located within the HR1 postal district.
5, Commercial Road, Hereford has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated April 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Commercial Road, Hereford is in very good condition we estimate a sale value of £220,164 and a rental value of £1,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,003 and a rental value of £905 per month.
Over the last 12 months the sale value of 5 Commercial Road Hereford has decreased by an estimated £2,162 (1.0%) and its rental value has increased by an estimated £41 per month (4.2%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 5, Commercial Road, Hereford sits on a plot of 63m2.
We have plot size data on 1 out of 3 other houses in the postcode and 5, Commercial Road, Hereford sits on the 3rd largest plot.
5, Commercial Road, Hereford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
According to HM Land Registry, 5, Commercial Road, Hereford was last sold on 18th April 2018 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2018, the market for similar properties has risen 67.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Commercial Road, Hereford within a radius of 570 metres over the last 2 years.
The most recent example is 2 Merton Court, Canal Road, Hereford, HR1 2EA, a freehold house which sold for £232,000 on the 1st November 2023.
Read more about house prices in HR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Road, Hereford, HR1 has a total of 41 addresses. According to our analysis of all the public data, 5, Commercial Road, Hereford is the 3rd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in HR1.
The closest station to 5, Commercial Road, Hereford is Hereford station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Commercial Road, Hereford, % of property is and % is .
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 5, Commercial Road, Hereford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 5, Commercial Road, Hereford, 0.0% 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 5, Commercial Road, Hereford, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
