Values have been changing and have risen £214 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £511 in last 6 months, £6,150 in last 1 year, £6,804 in last 2 years, £8,171 in last 3 years, £9,412 in last 4 years and £5,938 in last 5 years.
Currently average asking price of a property in Nicholson Court, Hereford, HR4 is around £255,862 based on approximately 3 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 Nicholson Court, Hereford, HR4 is £87,936. Average asking price is £255,862 while average price paid is £77,816 which is up by £6,150 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 Nicholson Court, Hereford, HR4 area. In last 1 year alone average price buyer paid is around £77,816 based on approximately 3 sales in Nicholson Court, Hereford, HR4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £76,327. 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 £78,567 for 14 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £82,517 per sale.