According to the public record, Flat 3, The Embankment, Hereford is a modern leasehold apartment and with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in The Embankment, Gaol Street, Hereford, HR1.
Gaol Street, Hereford, HR1 is located within the HR1 postal district.
Flat 3, The Embankment, Hereford has 4 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated August 2019.
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 Flat 3 The Embankment Hereford as £125,258 and the rental value as £597 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 3 The Embankment Hereford has increased by £2,049 (1.6%) and its rental value has decreased by £0 per month (0.1%).
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 Flat 3, The Embankment, Hereford is in very good condition we estimate a sale value of £131,521 and rental value of £627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,490 and a rental value of £555 per month.
If you were able to purchase this property for the estimated value of £125,258, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £616 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, Flat 3, The Embankment, Hereford was last sold on 20 Aug 2021 for £97,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2021, the market for similar properties has risen 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, The Embankment, Hereford within a radius of 370m over the last 2 years.
The most recent example is Flat 3, Charles Court, Coningsby Street, Hereford, HR1 2DQ, a Leasehold flat which sold for £133,000 in Jun 2024.
Read more about house prices in HR1.
Gaol Street, Hereford, HR1 has a total of 30 addresses. According to our analysis of all the public data, Flat 3, The Embankment, Hereford is the 29th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in HR1.
Flat 3, The Embankment, Hereford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 3, The Embankment, Hereford is Hereford station which is 600 m 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 Flat 3, The Embankment, Hereford, 51.6% of property is privately rented and 20.1% 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 Flat 3, The Embankment, Hereford, 11.1% of residents are recorded as possessing school level qualifications and 34.1% 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 Flat 3, The Embankment, 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 Flat 3, The Embankment, Hereford, 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 Flat 3, The Embankment, Hereford, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.