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According to the public record, 5, Ocle Mead, Hereford is a modern freehold house with 2,411 ft2 of internal area and sits on a 758 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Ocle Mead, Hereford is £658,638 and the estimated rental value is £1,812 per month.
Ocle Mead, Ocle Pychard, Hereford, HR1 is located within the HR1 postal district.
5, Ocle Mead, Hereford has 2 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Ocle Mead, Hereford is in very good condition we estimate a sale value of £691,570 and a rental value of £1,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £612,534 and a rental value of £1,685 per month.
Over the past 12 months, the estimated sale value of 5, Ocle Mead, Hereford has decreased by £17,642 (2.7%), while its estimated rental value has grown by £49 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 3.3%.
According to data from HM Land Registry, 5, Ocle Mead, Hereford sits on a plot of 758 m2.
We have plot size data on 11 out of 11 other houses in the postcode and 5, Ocle Mead, Hereford sits on the 3rd largest plot.
5, Ocle Mead, Hereford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 5, Ocle Mead, Hereford was last sold on 17th October 2017 for £545,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2017, the market for similar properties has risen by 27.2%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ocle Mead, Hereford within a radius of 4.6 kilometres over the last 2 years.
The most recent example is White House Farm, Hereford, HR1 3RB, a freehold house which sold for £900,000 on the 7th December 2022.
Read more about house prices in HR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ocle Mead, Ocle Pychard, Hereford, HR1 has a total of 11 addresses. According to our analysis of all the public data, 5, Ocle Mead, Hereford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £319k more expensive than the average property in HR1.
The closest station to 5, Ocle Mead, Hereford is Hereford station, which is 8.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, 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 5, 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 5, 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 5, 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 5, 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.