Values have been changing and have risen £332 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £793 in last 6 months, £9,580 in last 1 year, £10,599 in last 2 years, £12,727 in last 3 years, £14,660 in last 4 years and £9,240 in last 5 years.
Currently average asking price of a property in St. Nicholas Street, 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 St. Nicholas Street, Hereford, HR4 is £137,072. Average asking price is £255,862 while average price paid is £92,483 which is up by £9,580 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 St. Nicholas Street, Hereford, HR4 area. In last 1 year alone average price buyer paid is around £92,483 based on approximately 3 sales in St. Nicholas Street, Hereford, HR4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £100,112. 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 £101,080 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £105,933 per sale.