Grafton Lane, Grafton, Hereford, HR2

Street Guide For Grafton Lane, Grafton, Hereford, HR2

 

Grafton Lane, Grafton, Hereford, HR2 Map

Estimated Price: £573,327
Average Asking Price: £335,142
Price change in last one year: £36,780
Average Price Paid: £285,000
Average Rent Rates: £777

 

Property Prices Breakdown in Grafton Lane, Grafton, Hereford, HR2

Average Price for property in Grafton Lane, Grafton, Hereford, HR2 is around £573,327 which varies based on type of property you are interested in and ranges from £629,261 for detached house to around £237,724 for semi-detached. Values have been changing and have risen £450 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,294 in last 6 months, £36,780 in last 1 year, £43,270 in last 2 years, £57,829 in last 3 years, £63,803 in last 4 years and £44,739 in last 5 years.

Currently average asking price of a property in Grafton Lane, Grafton, Hereford, HR2 is around £335,142 based on approximately 0 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £777 per month.

Estimated property value in Grafton Lane, Grafton, Hereford, HR2 is £573,327. Average asking price is £335,142 while average price paid is £285,000 which is up by £44,739 and Avg. asking rent £777.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 Grafton Lane, Grafton, Hereford, HR2 area. In last 5 years alone average price buyer paid is around £285,000 based on approximately 2 sales in Grafton Lane, Grafton, Hereford, HR2 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £420,833.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £116,062, £164,238 for a 2 bedroom house, £229,318 for a 3 bedroom house, £357,946 for a 4 bedroom house and £464,624 for a 5 bedroom house. For a flat similarly the prices varies from £83,358 for a single bedroom to £212,258 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £331,000 and £137,500 for a 4 bedroom flat. To sum up the asking prices for properties in Grafton Lane, Grafton, Hereford, HR2 it comes to around average £105,161 for 1 bedroom property, £173,031 for 2 bedroom, £232,308 for 3 bedroom, £355,290 for 4 bedroom and £464,624 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £449 for 1 bedroom to £565 for 2 bedroom, £739 for 3 bedroom and £1,075 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £428. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524. You should be generally be expecting around average £435 rent per month for single bedroom property, £559 for 2 bedroom, £739 for 3 bedroom and approximately £1,075 for 4 bedroom property in Grafton Lane, Grafton, Hereford, HR2 area.

Popular Houses in Grafton Lane, Grafton, Hereford, HR2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Grafton Lane, Grafton, Hereford, HR2