According to the public record, 2 Penrose Green Cottages, Hereford is a period freehold house with 1,689 ft2 of internal area and sits on a 463 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
St. Weonards, Hereford, HR2 is located within the HR2 postal district.
2 Penrose Green Cottages, Hereford has 31 entries in the Land Registry database, most recently in April 2016 and a single entry in the EPC database dated April 2014.
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 2 Penrose Green Cottages Hereford as £323,402 and the rental value as £1,149 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Penrose Green Cottages Hereford has decreased by £2,721 (0.8%) and its rental value has increased by £6 per month (0.5%).
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 Penrose Green Cottages, Hereford is in very good condition we estimate a sale value of £339,572 and rental value of £1,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,764 and a rental value of £1,069 per month.
If you were able to purchase this property for the estimated value of £323,402, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,589 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, 2 Penrose Green Cottages, Hereford sits on a plot of 463m2.
We have plot size data on 4 out of 7 other houses in the postcode and 2 Penrose Green Cottages, Hereford sits on the 4th largest plot.
According to HM Land Registry, 2 Penrose Green Cottages, Hereford was last sold on 08 Apr 2016 for £195,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2016, the market for similar properties has risen 44.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Penrose Green Cottages, Hereford within a radius of 6.5 kilometres over the last 2 years.
The most recent example is 7, Herberts Hill, Ross-On-Wye, HR9 6HN, a Freehold house which sold for £350,000 in Oct 2021.
Read more about house prices in HR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Weonards, Hereford, HR2 has a total of 146 addresses. According to our analysis of all the public data, 2 Penrose Green Cottages, Hereford is the 40th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in HR2.
2 Penrose Green Cottages, Hereford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, wood logs.
The closest station to 2 Penrose Green Cottages, Hereford is Hereford station which is 18.9 kilometres 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 Penrose Green Cottages, Hereford, 45.2% of property is privately owned outright and 28.4% 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 2 Penrose Green Cottages, Hereford, 13.6% of residents are recorded as possessing school level qualifications and 38.1% 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 Penrose Green Cottages, Hereford, the average age was 45 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 Penrose Green Cottages, Hereford, 0.0% 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 Penrose Green Cottages, Hereford, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.