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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
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Flat 1, North Lodge, Hereford appears in the public record as a Leasehold apartment.
We estimate it to be a period apartment with 1,263 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 1, North Lodge, Hereford is £298,835 and its rental estimate is £1,191 per month, given the available information and assuming reasonable condition.
North Lodge, Wormelow is a residential building on Wormelow, Hereford, HR2 and falls within the HR2 postal district.
Flat 1, North Lodge, Hereford has a single entry in the Land Registry from June 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 Flat 1, North Lodge, Hereford, we estimate a market value of £313,776 and a rental value of £1,251 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £277,916 and £1,108 per month respectively.
Over the last year, Flat 1, North Lodge, Hereford has seen its estimated sale value increase by £661 (0.2%) and its estimated rental value grow by £65 per month (5.4%). This results in an estimated gross rental yield of 4.8%.
The most recent sale of Flat 1, North Lodge, Hereford completed on 1st June 2012 at £215,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 17.3% over the period since June 2012.
Over the past 2 years 1 property similar to Flat 1, North Lodge, Hereford has sold within a radius of 5.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2019, was 1 The Park, Hereford, HR2 8EQ, a leasehold flat which sold for £386,000.
Read more about house prices in HR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 100 addresses on Wormelow, Hereford, HR2, Flat 1, North Lodge, Hereford comes out as the 62nd largest and the 62nd most expensive in our analysis of the public data.
It is also £4k more expensive than the average property across the HR2 district.
From Flat 1, North Lodge, Hereford, the nearest station is Hereford, 11.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, North Lodge, Hereford, 44.9% of property is privately owned outright and 29.8% 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 Flat 1, North Lodge, Hereford, 17.8% of residents are recorded as possessing school level qualifications and 39.9% 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 Flat 1, North Lodge, Hereford, the average age was 45 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 Flat 1, North Lodge, Hereford, 0.8% 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 Flat 1, North Lodge, Hereford, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
