Values have been changing and have risen £348 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £833 in last 6 months, £10,054 in last 1 year, £11,123 in last 2 years, £13,355 in last 3 years, £15,385 in last 4 years and £9,694 in last 5 years.
Currently average asking price of a property in Sheridan 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 Sheridan Road, Hereford, HR4 is £143,849. Average asking price is £255,862 while average price paid is £144,987 which is up by £10,054 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 Sheridan Road, Hereford, HR4 area. In last 1 year alone average price buyer paid is around £144,987 based on approximately 4 sales in Sheridan Road, Hereford, HR4 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £123,278. 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 £129,383 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £129,342 per sale.