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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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Mill Barn, Hereford is recorded publicly as a period freehold house across 1,270 ft2 of internal area, sitting on a 1,008 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Mill Barn, Hereford is £468,868 and its rental estimate is £1,385 per month, given the available information and assuming reasonable condition.
St. Owens Cross, Hereford, HR2 falls within the HR2 postal district.
Mill Barn, Hereford has 21 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated November 2018.
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.
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 Mill Barn, Hereford, we estimate a market value of £492,311 and a rental value of £1,454 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £436,047 and £1,288 per month respectively.
Over the last year, Mill Barn, Hereford has seen its estimated sale value drop by £10,728 (2.3%) and its estimated rental value rise by £41 per month (2.9%). This results in an estimated gross rental yield of 3.5%.
HM Land Registry records the plot of land for Mill Barn, Hereford as measuring 1,008 m2.
That makes it the 10th largest plot in the postcode, where 13 of the 14 other houses have recorded plot data.
Mill Barn, Hereford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 26 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
The most recent sale of Mill Barn, Hereford completed on 11th December 2019 at £400,000 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 11.4% over the period since December 2019.
Over the past 2 years 3 properties similar to Mill Barn, Hereford have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th December 2020, was Newton Farm, Hereford, HR2 8LF, a freehold house which sold for £925,000.
Read more about house prices in HR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 64 addresses on St. Owens Cross, Hereford, HR2, Mill Barn, Hereford comes out as the 51st largest and the 36th most expensive in our analysis of the public data.
It is also £174k more expensive than the average property across the HR2 district.
From Mill Barn, Hereford, the nearest station is Hereford, 15.9 kilometres away.
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 Mill Barn, Hereford, 55.7% of property is privately owned outright and 27.3% 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 Mill Barn, Hereford, 12.8% of residents are recorded as possessing school level qualifications and 45.3% 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 Mill Barn, 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 Mill Barn, 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 Mill Barn, 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.
