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According to the public record, Bank Cottage, Hereford is a period freehold house with 1,135 ft2 of internal area and sits on a 1,853 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 Bank Cottage, Hereford is £390,262 and the estimated rental value is £1,173 per month.
Marlas, Hereford, HR2 is located within the HR2 postal district.
Bank Cottage, Hereford has a single entry in the Land Registry from May 2011 and a single entry in the EPC database dated December 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.
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 Bank Cottage, Hereford is in very good condition we estimate a sale value of £409,775 and a rental value of £1,231 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,944 and a rental value of £1,091 per month.
Over the last 12 months the sale value of Bank Cottage Hereford has decreased by an estimated £5,750 (1.5%) and its rental value has increased by an estimated £44 per month (3.7%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, Bank Cottage, Hereford sits on a plot of 1853m2.
We have plot size data on 12 out of 15 other houses in the postcode and Bank Cottage, Hereford sits on the 5th largest plot.
Bank Cottage, Hereford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 18 Dec 2010.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, dual fuel (mineral and wood).
According to HM Land Registry, Bank Cottage, Hereford was last sold on 25th May 2011 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 33.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Bank Cottage, Hereford within a radius of 6.3 kilometres over the last 2 years.
The most recent example is Lea Cottage, Hereford, HR2 0BL, a freehold house which sold for £375,000 on the 30th June 2021.
Read more about house prices in HR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marlas, Hereford, HR2 has a total of 16 addresses. According to our analysis of all the public data, Bank Cottage, Hereford is the 14th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in HR2.
The closest station to Bank Cottage, Hereford is Hereford station which is 13.3 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 Bank Cottage, 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 Bank Cottage, 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 Bank Cottage, 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 Bank Cottage, 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.