Much Birch, Hereford, HR2

Street Guide For Much Birch, Hereford, HR2

 

Much Birch, Hereford, HR2 Map

Estimated Price: £357,822
Average Asking Price: £335,142
Price change in last one year: £22,957
Average Price Paid: £277,256
Average Rent Rates: £777

 

Property Prices Breakdown in Much Birch, Hereford, HR2

Average Price for property in Much Birch, Hereford, HR2 is around £357,822 which varies based on type of property you are interested in and ranges from £369,538 for detached house to around £197,240 for semi-detached. Similarly terraced house is around £198,887. Values have been changing and have risen £281 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,433 in last 6 months, £22,957 in last 1 year, £27,010 in last 2 years, £36,097 in last 3 years, £39,828 in last 4 years and £27,933 in last 5 years.

Currently average asking price of a property in Much Birch, Hereford, HR2 is around £335,142 based on approximately 5 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 Much Birch, Hereford, HR2 is £357,822. Average asking price is £335,142 while average price paid is £247,100 which is up by £22,957 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 Much Birch, Hereford, HR2 area. In last 1 year alone average price buyer paid is around £247,100 based on approximately 5 sales in Much Birch, Hereford, HR2 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £277,725. 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 £277,256 for 31 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £279,145 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 £116,062, £163,824 for a 2 bedroom house, £231,104 for a 3 bedroom house, £346,563 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 Much Birch, Hereford, HR2 it comes to around average £105,161 for 1 bedroom property, £172,693 for 2 bedroom, £234,131 for 3 bedroom, £343,982 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 £455 for 1 bedroom to £564 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 £434 rent per month for single bedroom property, £558 for 2 bedroom, £739 for 3 bedroom and approximately £1,075 for 4 bedroom property in Much Birch, Hereford, HR2 area.

Popular Houses in Much Birch, 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 Much Birch, Hereford, HR2