According to the public record, 15, Mill Street, Hereford is a period freehold house and with 1,399 ft2 of internal area and sits on a 320 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mill Street, Hereford, HR1 is located within the HR1 postal district.
15, Mill Street, Hereford has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Mill Street Hereford as £346,117 and the rental value as £1,290 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 15 Mill Street Hereford has increased by £4,106 (1.2%) and its rental value has decreased by £6 per month (0.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 15, Mill Street, Hereford is in very good condition we estimate a sale value of £363,423 and rental value of £1,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,889 and a rental value of £1,199 per month.
If you were able to purchase this property for the estimated value of £346,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,701 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 15, Mill Street, Hereford sits on a plot of 320m2.
We have plot size data on 21 out of 31 other houses in the postcode and 15, Mill Street, Hereford sits on the largest plot.
According to HM Land Registry, 15, Mill Street, Hereford was last sold on 10 Jun 2021 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Mill Street, Hereford within a radius of 343m over the last 2 years.
The most recent example is 5, Park Street, Hereford, HR1 2RD, a Freehold house which sold for £450,000 in Jun 2023.
Read more about house prices in HR1.
Mill Street, Hereford, HR1 has a total of 58 addresses. According to our analysis of all the public data, 15, Mill Street, Hereford is the 7th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in HR1.
15, Mill Street, Hereford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 15, Mill Street, Hereford is Hereford station which is 1.0 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Mill Street, Hereford, 34.7% of property is privately owned outright and 31.5% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 15, Mill Street, Hereford, 19.8% of residents are recorded as possessing school level qualifications and 44.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 15, Mill Street, Hereford, the average age was 40.4 and the most common age was 27.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 15, Mill Street, Hereford, 1.5% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 15, Mill Street, Hereford, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.