The Palace, Hereford
The Palace, Hereford
Description & Estimates
Public records show The Palace, Hereford to be a period freehold house with 1,944 ft2 of internal area, sitting on a 344 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
The Palace, Hereford has an estimated sale value of £402,210 and an estimated rental value of £1,382 per month, assuming reasonable condition and based on the information available.
Peterchurch, Hereford, HR2 lies within the HR2 postal district.
Our Data Sources
The Palace, Hereford has a single entry in the Land Registry from January 2010 and a single entry in the EPC database dated July 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate The Palace, Hereford would be worth £422,321, with a potential rental value of £1,451 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £374,055, with a rental value of £1,285 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of The Palace, Hereford has fallen by £9,820 (2.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £36 (2.6%). The property's estimated gross yield is currently 4.1%.
Plot Size
The Palace, Hereford occupies a 344 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
The Palace, Hereford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Jul 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The Palace, Hereford last changed hands on 8th January 2010, selling for £180,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 55.4% since January 2010.
- Sold Jan 2010£180,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.4 kilometres of The Palace, Hereford across the last 2 years.
Most recently, 2, Thornberry Close, Hereford, HR2 0RN, a freehold house, sold at £410,000 on the 24th June 2022.
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
Our analysis of the public data ranks The Palace, Hereford as the 28th largest and the 53rd most expensive of the 154 addresses on Peterchurch, Hereford, HR2.
Against the HR2 postcode district average, it is £108k more expensive than the typical property.
More reading links
Schools Nearby
- 700mPeterchurch Primary School
- 4.9kmMichaelchurch Escley Primary School
- 6.3kmStaunton-on-Wye Endowed Primary School
- 1.0kmFairfield High School
- 8.2kmKingstone High School
- 13.6kmWeobley High School
More reading links
Public Transport Nearby
Hereford station is the nearest stop to The Palace, Hereford at 17.2 kilometres away.
- 17.2kmHereford
- 25.3kmLeominster
- 25.8kmAbergavenny
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
