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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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Parks Barn, Hereford appears in the public record as a freehold house sitting on a 1,091 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 966 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of Parks Barn, Hereford is £416,824 and its rental estimate is £1,163 per month, given the available information and assuming reasonable condition.
Clifford, Hereford, HR3 falls within the HR3 postal district.
Parks Barn, Hereford has a single entry in the Land Registry from July 2007 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 2 out of 5 and is considered of medium 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 Parks Barn, Hereford, we estimate a market value of £437,665 and a rental value of £1,222 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £387,647 and £1,082 per month respectively.
Over the last year, Parks Barn, Hereford has seen its estimated sale value rise by £1,169 (0.3%) and its estimated rental value move up by £46 per month (3.9%). This results in an estimated gross rental yield of 3.3%.
HM Land Registry records the plot of land for Parks Barn, Hereford as measuring 1,091 m2.
That makes it the 4th largest plot in the postcode, where 4 of the 6 other houses have recorded plot data.
The most recent sale of Parks Barn, Hereford completed on 31st July 2007 at £255,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 11.2% over the period since July 2007.
Over the past 2 years 3 properties similar to Parks Barn, Hereford have sold within a radius of 5.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd March 2023, was Castle Cottage, Hereford, HR3 5ER, a freehold house which sold for £430,000.
Read more about house prices in HR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 135 addresses on Clifford, Hereford, HR3, Parks Barn, Hereford comes out as the 117th largest and the 93rd most expensive in our analysis of the public data.
It is also £15k more expensive than the average property across the HR3 district.
From Parks Barn, Hereford, the nearest station is Dolau, 24.6 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 Parks Barn, Hereford, 48.1% of property is privately owned outright and 26.9% 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 Parks Barn, Hereford, 19.1% of residents are recorded as possessing school level qualifications and 38.9% 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 Parks Barn, Hereford, the average age was 48 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 Parks Barn, Hereford, 0.4% 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 Parks Barn, 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.
