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According to the public record, Chestnuts, Bromyard is a mid-century freehold house with 1,894 ft2 of internal area and sits on a 1,042 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 Chestnuts, Bromyard is £513,837 and the estimated rental value is £1,225 per month.
Mill Lane, Much Cowarne, Bromyard, HR7 is located within the HR7 postal district.
Chestnuts, Bromyard has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated March 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 Chestnuts, Bromyard is in very good condition we estimate a sale value of £539,529 and a rental value of £1,286 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,869 and a rental value of £1,139 per month.
Over the past 12 months, the estimated sale value of Chestnuts, Bromyard has fallen by £9,440 (1.8%), while its estimated rental value has moved up by £44 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 2.9%.
According to data from HM Land Registry, Chestnuts, Bromyard sits on a plot of 1,042 m2.
We have plot size data on 7 out of 10 other houses in the postcode and Chestnuts, Bromyard sits on the 3rd largest plot.
Chestnuts, Bromyard has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Mar 2021.
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, Chestnuts, Bromyard was last sold on 28th June 2021 for £475,000 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 5.0%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Chestnuts, Bromyard within a radius of 6.2 kilometres over the last 2 years.
The most recent example is Zillian, Ledbury, HR8 2UL, a freehold house which sold for £550,000 on the 30th May 2024.
Read more about house prices in HR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Much Cowarne, Bromyard, HR7 has a total of 27 addresses. According to our analysis of all the public data, Chestnuts, Bromyard is the largest and the 7th most expensive property on the street.
When compared to the postcode district it is £189k more expensive than the average property in HR7.
The closest station to Chestnuts, Bromyard is Ledbury station, which is 12.3 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 Chestnuts, Bromyard, 56.3% 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 Chestnuts, Bromyard, 8.1% of residents are recorded as possessing school level qualifications and 39.6% 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 Chestnuts, Bromyard, 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 Chestnuts, Bromyard, 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 Chestnuts, Bromyard, 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.