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The Smithy, Hereford is described in the public record as a period house with 1,689 ft2 of internal area, sitting on a 575 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of The Smithy, Hereford is £511,838 and its rental estimate is £1,371 per month, given the available information and assuming reasonable condition.
Garway, Hereford, HR2 falls within the HR2 postal district.
The Smithy, Hereford has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 The Smithy, Hereford, we estimate a market value of £537,429 and a rental value of £1,439 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £476,009 and £1,275 per month respectively.
Over the last year, The Smithy, Hereford has seen its estimated sale value decrease by £11,711 (2.3%) and its estimated rental value grow by £40 per month (2.9%). This results in an estimated gross rental yield of 3.2%.
HM Land Registry records the plot of land for The Smithy, Hereford as measuring 575 m2.
That makes it the 10th largest plot in the postcode, where 14 of the 16 other houses have recorded plot data.
The Smithy, Hereford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Nov 2020.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
The most recent sale of The Smithy, Hereford completed on 13th May 2004 at £280,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Over the past 2 years 3 properties similar to The Smithy, Hereford have sold within a radius of 7.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2016, was The Manse, Hereford, HR2 8RJ, a freehold house which sold for £340,000.
Read more about house prices in HR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 70 addresses on Garway, Hereford, HR2, The Smithy, Hereford comes out as the 31st largest and the 32nd most expensive in our analysis of the public data.
It is also £217k more expensive than the average property across the HR2 district.
From The Smithy, Hereford, the nearest station is Abergavenny, 16.9 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 The Smithy, Hereford, 59.1% of property is privately owned outright and 26.3% 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 The Smithy, Hereford, 17.8% of residents are recorded as possessing school level qualifications and 42.6% 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 The Smithy, 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 The Smithy, Hereford, 0.0% 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 The Smithy, 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.