According to the public record, 2, Oldfields Close, Leominster is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,474 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Oldfields Close, Leominster, HR6 is located within the HR6 postal district.
2, Oldfields Close, Leominster has 31 entries in the Land Registry database, most recently in October 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Oldfields Close Leominster as £358,718 and the rental value as £1,102 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 Oldfields Close Leominster has decreased by £4,060 (1.1%) and its rental value has increased by £4 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 2, Oldfields Close, Leominster is in very good condition we estimate a sale value of £376,654 and rental value of £1,157 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,608 and a rental value of £1,025 per month.
If you were able to purchase this property for the estimated value of £358,718, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,763 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 HM Land Registry, 2, Oldfields Close, Leominster was last sold on 27 Oct 2010 for £272,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2010, the market for similar properties has risen 47.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oldfields Close, Leominster within a radius of 447m over the last 2 years.
The most recent example is 28, Radnor View, Leominster, HR6 8TF, a Freehold house which sold for £370,000 in Aug 2023.
Read more about house prices in HR6.
Oldfields Close, Leominster, HR6 has a total of 65 addresses. According to our analysis of all the public data, 2, Oldfields Close, Leominster is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in HR6.
The closest station to 2, Oldfields Close, Leominster is Leominster 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 2, Oldfields Close, Leominster, 51.3% of property is privately owned outright and 20.7% is socially 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 2, Oldfields Close, Leominster, 13.3% of residents are recorded as possessing school level qualifications and 24.4% 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 2, Oldfields Close, Leominster, the average age was 43.6 and the most common age was 57.
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 2, Oldfields Close, Leominster, 1.0% 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 2, Oldfields Close, Leominster, 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.