Red Norman Rise, Holmer, Hereford, HR1

Street Guide For Red Norman Rise, Holmer, Hereford, HR1

 

Red Norman Rise, Holmer, Hereford, HR1 Map

Estimated Price: £233,578
Average Asking Price: £301,713
Price change in last one year: £16,039
Average Price Paid: £208,274
Average Rent Rates: £956

 

Property Prices Breakdown in Red Norman Rise, Holmer, Hereford, HR1

Average Price for property in Red Norman Rise, Holmer, Hereford, HR1 is around £233,578 which varies based on type of property you are interested in and ranges from £330,677 for detached house to around £201,211 for semi-detached. Values have been changing and have risen £994 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,266 in last 6 months, £16,039 in last 1 year, £18,436 in last 2 years, £21,332 in last 3 years, £27,117 in last 4 years and £14,490 in last 5 years.

Currently average asking price of a property in Red Norman Rise, Holmer, Hereford, HR1 is around £301,713 based on approximately 21 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 Red Norman Rise, Holmer, Hereford, HR1 is £233,578. Average asking price is £301,713 while average price paid is £203,935 which is up by £16,039 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 Red Norman Rise, Holmer, Hereford, HR1 area. In last 1 year alone average price buyer paid is around £203,935 based on approximately 21 sales in Red Norman Rise, Holmer, Hereford, HR1 area alone. If you compare it to last 3 years sales of 39 properties where buyers paid around £207,255. 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 £208,274 for 43 and average amount paid for purchase of approx. 43 properties sold in last 7 years comes to about £208,274 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 Red Norman Rise, Holmer, 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 Red Norman Rise, Holmer, Hereford, HR1 area.

Popular Houses in Red Norman Rise, Holmer, 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 Red Norman Rise, Holmer, Hereford, HR1