According to the public record, 48, Grandstand Road, Hereford is a period leasehold house and with 785 ft2 of internal area and sits on a 312 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grandstand Road, Hereford, HR4 is located within the HR4 postal district.
48, Grandstand Road, Hereford has 61 entries in the Land Registry database, most recently in April 2020 and no records in the EPC database.
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 48 Grandstand Road Hereford as £219,808 and the rental value as £874 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 48 Grandstand Road Hereford has decreased by £746 (0.3%) and its rental value has decreased by £6 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 48, Grandstand Road, Hereford is in very good condition we estimate a sale value of £230,798 and rental value of £918 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,421 and a rental value of £813 per month.
If you were able to purchase this property for the estimated value of £219,808, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,080 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, 48, Grandstand Road, Hereford sits on a plot of 312m2.
We have plot size data on 10 out of 15 other houses in the postcode and 48, Grandstand Road, Hereford sits on the 7th largest plot.
According to HM Land Registry, 48, Grandstand Road, Hereford was last sold on 01 Apr 2020 for £162,500 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since Apr 2020, the market for similar properties has risen 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Grandstand Road, Hereford within a radius of 149m over the last 2 years.
The most recent example is 11, Spring Gardens, Hereford, HR4 9RY, a Freehold house which sold for £195,000 in Nov 2023.
Read more about house prices in HR4.
Grandstand Road, Hereford, HR4 has a total of 236 addresses. According to our analysis of all the public data, 48, Grandstand Road, Hereford is the 130th largest and the 162nd most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in HR4.
48, Grandstand Road, Hereford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 May 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 48, Grandstand Road, Hereford is Hereford station which is 1.2 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 48, Grandstand Road, Hereford, 36.6% of property is privately rented and 31.7% is privately owned with a mortgage.
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 48, Grandstand Road, Hereford, 20.5% of residents are recorded as possessing school level qualifications and 25.8% 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 48, Grandstand Road, Hereford, the average age was 43.2 and the most common age was 52.
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 48, Grandstand Road, 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 48, Grandstand Road, Hereford, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.