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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
According to the public record, Bank Cottage, Hereford is a period freehold house with 1,679 ft2 of internal area and sits on a 2,101 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Bank Cottage, Hereford is £857,392 and the estimated rental value is £2,296 per month.
Upper Dormington, Hereford, HR1 is located within the HR1 postal district.
Bank Cottage, Hereford has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated April 2021.
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 £900,261 and a rental value of £2,411 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £797,374 and a rental value of £2,136 per month.
Over the past 12 months, the estimated sale value of Bank Cottage, Hereford has declined by £18,078 (2.1%), while its estimated rental value has climbed by £77 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 3.2%.
According to data from HM Land Registry, Bank Cottage, Hereford sits on a plot of 2,101 m2.
We have plot size data on 5 out of 7 other houses in the postcode and Bank Cottage, Hereford sits on the 4th largest plot.
Bank Cottage, Hereford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Apr 2021.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Bank Cottage, Hereford was last sold on 28th June 2021 for £755,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has risen by 5.1%.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 3.9 kilometres of Bank Cottage, Hereford over the last 2 years.
The most recent example is Cedars, Hereford, HR1 4ES, a freehold house which sold for £400,000 on the 9th December 2021.
Read more about house prices in HR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Dormington, Hereford, HR1 has a total of 24 addresses. According to our analysis of all the public data, Bank Cottage, Hereford is the 12th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £518k more expensive than the average property in HR1.
The closest station to Bank Cottage, Hereford is Hereford station, which is 7.1 kilometres 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 Bank Cottage, Hereford, 52.2% of property is privately owned outright and 25.7% is privately owned with a mortgage.
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, 15.2% of residents are recorded as possessing school level qualifications and 49.1% 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 Bank Cottage, Hereford, the average age was 47.5 and the most common age was 57.
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, 1.9% 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 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
