Values have been changing and have risen £387 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £927 in last 6 months, £11,199 in last 1 year, £12,389 in last 2 years, £14,874 in last 3 years, £17,132 in last 4 years and £10,794 in last 5 years.
Currently average asking price of a property in Shakespeare Road, Hereford, HR4 is around £255,862 based on approximately 4 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 Shakespeare Road, Hereford, HR4 is £160,238. Average asking price is £255,862 while average price paid is £147,125 which is up by £11,199 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 Shakespeare Road, Hereford, HR4 area. In last 1 year alone average price buyer paid is around £147,125 based on approximately 4 sales in Shakespeare Road, Hereford, HR4 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £145,900. 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 £147,090 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £146,769 per sale.