Average Price for property in Backbury Road, Hereford, HR1 is around £216,412 which varies based on type of property you are interested in and ranges from £220,789 for detached house to around £216,014 for semi-detached. Values have been changing and have risen £912 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,079 in last 6 months, £14,717 in last 1 year, £16,916 in last 2 years, £19,572 in last 3 years, £24,880 in last 4 years and £13,291 in last 5 years.
Currently average asking price of a property in Backbury Road, Hereford, HR1 is around £300,849 based on approximately 1 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £978 per month.
Estimated property value in Backbury Road, Hereford, HR1 is £216,412. Average asking price is £300,849 while average price paid is £205,000 which is up by £14,717 and Avg. asking rent £978.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Backbury Road, Hereford, HR1 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 1 sales in Backbury Road, Hereford, HR1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £188,333. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £188,750 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £188,750 per sale.