Commerce House, Hereford
Commerce House, Hereford
Description & Estimates
Commerce House, Hereford is recorded publicly as a period freehold house across 1,496 ft2 of internal area, sitting on a 102 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Commerce House, Hereford is £488,573 and its rental estimate is £1,356 per month, given the available information and assuming reasonable condition.
Vowchurch, Hereford, HR2 falls within the HR2 postal district.
Our Data Sources
Commerce House, Hereford has 2 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated May 2014.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Commerce House, Hereford, we estimate a market value of £513,001 and a rental value of £1,424 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £454,373 and £1,261 per month respectively.
Recent Market Change
Over the last year, Commerce House, Hereford has seen its estimated sale value decline by £11,179 (2.3%) and its estimated rental value climb by £40 per month (2.9%). This results in an estimated gross rental yield of 3.3%.
Plot Size
HM Land Registry records the plot of land for Commerce House, Hereford as measuring 102 m2.
That makes it the 9th largest plot in the postcode, where 9 of the 10 other houses have recorded plot data.
Energy Efficiency
Commerce House, Hereford has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 06 May 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, dual fuel (mineral and wood).
Sold Prices
The most recent sale of Commerce House, Hereford completed on 21st June 2024 at £530,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 31.5% over the period since June 2024.
- Sold Jun 2024£530,000
- Sold Jun 2015£190,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Commerce House, Hereford have sold within a radius of 6.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th February 2023, was Ladywell Cottage, Turnastone, Hereford, HR2 0RE, a freehold house which sold for £585,000.
Read more about house prices in HR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 77 addresses on Vowchurch, Hereford, HR2, Commerce House, Hereford comes out as the 30th largest and the 33rd most expensive in our analysis of the public data.
It is also £194k more expensive than the average property across the HR2 district.
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Schools Nearby
- 2.5kmPeterchurch Primary School
- 5.3kmMichaelchurch Escley Primary School
- 5.9kmKingstone and Thruxton Primary School
- 2.4kmFairfield High School
- 5.8kmKingstone High School
- 13.7kmWhitecross Hereford
More reading links
Public Transport Nearby
From Commerce House, Hereford, the nearest station is Hereford, 15.8 kilometres away.
- 15.8kmHereford
- 23.6kmAbergavenny
- 26.3kmLeominster
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
