According to the public record, 4 Homend Court Old Cottage Hospital, The Homend, Ledbury is a period leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, The Homend, Ledbury, HR8.
The Homend, Ledbury, HR8 is located within the HR8 postal district.
4 Homend Court Old Cottage Hospital, The Homend, Ledbury has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated April 2013.
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 4 Homend Court Old Cottage Hospital The Homend Ledbury as £85,828 and the rental value as £441 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 4 Homend Court Old Cottage Hospital The Homend Ledbury has increased by £1,054 (1.2%) and its rental value has decreased by £3 per month (0.7%).
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 4 Homend Court Old Cottage Hospital, The Homend, Ledbury is in very good condition we estimate a sale value of £90,119 and rental value of £463 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,820 and a rental value of £410 per month.
If you were able to purchase this property for the estimated value of £85,828, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £422 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, 4 Homend Court Old Cottage Hospital, The Homend, Ledbury was last sold on 03 Dec 2021 for £81,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 8.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 4 Homend Court Old Cottage Hospital, The Homend, Ledbury within a radius of 610 metres over the last 2 years.
The most recent example is 3 Homend Court Old Cottage Hospital, The Homend, Ledbury, HR8 1DB, a Leasehold flat which sold for £69,000 in Oct 2021.
Read more about house prices in HR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Homend, Ledbury, HR8 has a total of 239 addresses. According to our analysis of all the public data, 4 Homend Court Old Cottage Hospital, The Homend, Ledbury is the 113th largest and the 210th most expensive property on the street.
When compared to the postcode district it is £276k less expensive than the average property in HR8.
4 Homend Court Old Cottage Hospital, The Homend, Ledbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2013.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to 4 Homend Court Old Cottage Hospital, The Homend, Ledbury is Ledbury station which is 600 metres 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 4 Homend Court Old Cottage Hospital, The Homend, Ledbury, 63.9% of property is privately rented and 20.4% is privately owned outright.
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 4 Homend Court Old Cottage Hospital, The Homend, Ledbury, 14.4% of residents are recorded as possessing school level qualifications and 32.8% 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 4 Homend Court Old Cottage Hospital, The Homend, Ledbury, the average age was 48 and the most common age was 72.
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 4 Homend Court Old Cottage Hospital, The Homend, Ledbury, 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 4 Homend Court Old Cottage Hospital, The Homend, Ledbury, 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.