Grandstand Road, Hereford, HR4

Street Guide For Grandstand Road, Hereford, HR4

 

Grandstand Road, Hereford, HR4 Map

Estimated Price: £169,118
Average Asking Price: £255,862
Price change in last one year: £11,706
Average Price Paid: £146,808
Average Rent Rates: £871

 

Property Prices Breakdown in Grandstand Road, Hereford, HR4

Average Price for property in Grandstand Road, Hereford, HR4 is around £169,118 which varies based on type of property you are interested in and ranges from £203,807 for detached house to around £178,838 for semi-detached. Similarly terraced house is around £148,734 and a flat is worth £117,450. Values have been changing and have risen £404 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £968 in last 6 months, £11,706 in last 1 year, £12,948 in last 2 years, £15,547 in last 3 years, £17,907 in last 4 years and £11,280 in last 5 years.

Currently average asking price of a property in Grandstand Road, Hereford, HR4 is around £255,862 based on approximately 11 properties for sale. Same is the case with rental options based on 82 properties up for rent, average asking rent is around £871 per month.

Estimated property value in Grandstand Road, Hereford, HR4 is £169,118. Average asking price is £255,862 while average price paid is £158,727 which is up by £11,706 and Avg. asking rent £871.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 Grandstand Road, Hereford, HR4 area. In last 1 year alone average price buyer paid is around £158,727 based on approximately 11 sales in Grandstand Road, Hereford, HR4 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £152,285. 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 £146,808 for 34 and average amount paid for purchase of approx. 49 properties sold in last 7 years comes to about £146,497 per sale.

 
 

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 £131,324, £177,213 for a 2 bedroom house, £236,067 for a 3 bedroom house, £307,705 for a 4 bedroom house and £371,858 for a 5 bedroom house. For a flat similarly the prices varies from £97,027 for a single bedroom to £185,481 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £295,000. To sum up the asking prices for properties in Grandstand Road, Hereford, HR4 it comes to around average £113,167 for 1 bedroom property, £178,788 for 2 bedroom, £236,921 for 3 bedroom, £307,705 for 4 bedroom and £371,858 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 £602 for 2 bedroom to £684 for 3 bedroom and £816 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £433. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £558 and £875 for 3 bedroom. You should be generally be expecting around average £433 rent per month for single bedroom property, £583 for 2 bedroom, £722 for 3 bedroom and approximately £816 for 4 bedroom property in Grandstand Road, Hereford, HR4 area.

Popular Houses in Grandstand Road, Hereford, HR4

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 Grandstand Road, Hereford, HR4