According to the public record, Orchard Cottage, Hereford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,187 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Marden, Hereford, HR1 is located within the HR1 postal district.
Orchard Cottage, Hereford has a single entry in the Land Registry database from December 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 Orchard Cottage Hereford as £348,617 and the rental value as £1,272 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Orchard Cottage Hereford has decreased by £2,952 (0.8%) and its rental value has decreased by £21 per month (1.7%).
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 Orchard Cottage, Hereford is in very good condition we estimate a sale value of £366,048 and rental value of £1,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,214 and a rental value of £1,183 per month.
If you were able to purchase this property for the estimated value of £348,617, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,713 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, Orchard Cottage, Hereford was last sold on 20 Dec 2010 for £247,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2010, the market for similar properties has risen 53.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Orchard Cottage, Hereford within a radius of 335m over the last 2 years.
The most recent example is 4, Walkers Green, Hereford, HR1 3DN, a Freehold house which sold for £362,000 in Jun 2023.
Read more about house prices in HR1.
Marden, Hereford, HR1 has a total of 216 addresses. According to our analysis of all the public data, Orchard Cottage, Hereford is the 155th largest and the 166th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in HR1.
The closest station to Orchard Cottage, Hereford is Hereford station which is 7.2 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 Orchard Cottage, Hereford, 35.9% of property is privately owned outright and 24.7% 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 Orchard Cottage, Hereford, 10.0% of residents are recorded as possessing school level qualifications and 26.9% 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 Orchard Cottage, Hereford, the average age was 44.3 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 Orchard Cottage, Hereford, 0.2% 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 Orchard Cottage, Hereford, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.