Mordiford, Hereford, HR1

Street Guide For Mordiford, Hereford, HR1

 

Mordiford, Hereford, HR1 Map

Estimated Price: £358,446
Average Asking Price: £301,713
Price change in last one year: £24,608
Average Price Paid: £284,409
Average Rent Rates: £956

 

Property Prices Breakdown in Mordiford, Hereford, HR1

Average Price for property in Mordiford, Hereford, HR1 is around £358,446 which varies based on type of property you are interested in and ranges from £426,891 for detached house to around £208,759 for semi-detached. Similarly terraced house is around £271,777. Values have been changing and have risen £1,525 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,476 in last 6 months, £24,608 in last 1 year, £28,287 in last 2 years, £32,726 in last 3 years, £41,598 in last 4 years and £22,215 in last 5 years.

Currently average asking price of a property in Mordiford, Hereford, HR1 is around £301,713 based on approximately 3 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £956 per month.

Estimated property value in Mordiford, Hereford, HR1 is £358,446. Average asking price is £301,713 while average price paid is £223,166 which is up by £24,608 and Avg. asking rent £956.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 Mordiford, Hereford, HR1 area. In last 1 year alone average price buyer paid is around £223,166 based on approximately 3 sales in Mordiford, Hereford, HR1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £248,062. 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 £284,409 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £299,535 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 £62,590, £202,447 for a 2 bedroom house, £253,991 for a 3 bedroom house, £365,054 for a 4 bedroom house and £449,520 for a 5 bedroom house. For a flat similarly the prices varies from £93,130 for a single bedroom to £154,046 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £335,000. To sum up the asking prices for properties in Mordiford, Hereford, HR1 it comes to around average £82,950 for 1 bedroom property, £181,039 for 2 bedroom, £256,306 for 3 bedroom, £365,054 for 4 bedroom and £449,520 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 £584 for 1 bedroom to £639 for 2 bedrooms, £831 for 3 bedrooms, £1,100 for 4 bedrooms and £1,125 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £476. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £615. You should be generally be expecting around average £505 rent per month for single bedroom property, £622 for 2 bedroom, £832 for 3 bedroom, £1,100 for 4 bedroom and approximately £1,124 for a 5 bedroom property in Mordiford, Hereford, HR1 area.

Popular Houses in Mordiford, Hereford, HR1

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 Mordiford, Hereford, HR1