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Old Bromley Lane, HR1 - Current House Values & Market Shifts
Explore the ups and downs of the property market on Old Bromley Lane in the HR1 district in Hereford.
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Associated Postcodes:
HR1 1GE
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House Prices > Hereford > HR1 > Old Bromley Lane
Price Trends Along the Road
The Latest Price Trends on Old Bromley Lane
- Since 2021, Old Bromley Lane has seen 9 homes sold, averaging £249,800 per property. The typical home covers 1,033 square feet, resulting in £212 per square foot.
- On Old Bromley Lane, homes have marked out prices between £78,000 and £455,000, while per-square-foot costs carved a range from £117 to £278.
- May 2024 denotes the last property transfer on Old Bromley Lane.
Street Homes vs Area Markets
How Old Bromley Lane Stands vs Surrounding Areas Prices
By Sector
HR1 1
Slice about 14% off your budget by choosing Old Bromley Lane over pricier sector streets. (£285,300 vs £249,800). In short, selecting Old Bromley Lane could shrink your buying costs by £35,500.
By District
i.e. HR1
The HR1 district doesn't come cheap - expect to pay around 23% more than Old Bromley Lane. (£308,000 vs £249,800). Ultimately, choosing Old Bromley Lane over another area could reduce your purchase price by approximately £58,200.
By City or Town
i.e. Hereford
In terms of pounds and pence, Hereford could leave you paying 27% more than Old Bromley Lane. (£318,000 vs £249,800). According to market data, purchasing on Old Bromley Lane may cost you about £67,700 less than in Hereford.
Street Stats and Stories
More Useful Facts on Old Bromley Lane
- With 15 properties along its length, this road uses only one postcode.
- There are no newly built homes on Old Bromley Lane.
- The current EPC grade for Old Bromley Lane averages 80 (C), while improvement potential stretches to 83 (B).
- Homes along Old Bromley Lane typically offer 1,033 square feet, placing them 5% above the town’s average footprint.
- This street outpaces the rest of HR1 in turnover speed, averaging a sale every 10 months compared to the area norm of 9.6 months.
Property Pulse of the City
The Stories Behind the Prices in Hereford
Looking to acquire or invest in Hereford? Our articles dive into the finest roads, property forecasts, and market tactics for a winning deal.
In addition, the Property Prices in Hereford page helps track the rise and fall of home values since 2018, with clear insights across types.
Local Sights to Enjoy
HR1 Area Overview
Beneath this section, you’ll find an uncluttered look at HR1’s sales movement.
415
No. of Roads
3,717
No. of Transactions
£400K
Avg. Property Price
1,179
per sq/ft
Avg. Property Size
£265
per sq/ft
Avg. Cost Per Sq/Ft
Streets Worth Noting
Roads in the Vicinity to Know
Popular Roads in HR1
HR1 Roads with Similar Prices
- Hopton Close
- Croft Close
- Little Paradise
- Criftage Lane
- Tidnor Lane A438 To C1144
- Court Orchard
Roads Near Old Bromley Lane
- Admirals Close
- Ainslie Close
- Alice Close
- Alexandra Avenue
- Angela Close
- Aramstone Rise
