Values have been changing and have risen £774 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,765 in last 6 months, £12,484 in last 1 year, £14,351 in last 2 years, £16,605 in last 3 years, £21,108 in last 4 years and £11,282 in last 5 years.
Currently average asking price of a property in East Street, 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 East Street, Hereford, HR1 is £183,545. Average asking price is £300,849 while average price paid is £188,000 which is up by £12,484 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 East Street, Hereford, HR1 area. In last 1 year alone average price buyer paid is around £188,000 based on approximately 1 sales in East Street, Hereford, HR1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £189,000. 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 £173,900 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £186,514 per sale.