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Property Prices on Old Tram Road, HR2 - Full Market Breakdown
Explore how Old Tram Road in Hereford stands today compared to the rest of the local district and the bustling Hereford area.
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Associated Postcodes:
HR2 7AW
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House Prices > Hereford > HR2 > Old Tram Road
Market Beat of This Road
The Current Property Landscape of Old Tram Road
- Since 2021, there has been a single transaction on Old Tram Road, with the sale amounting to £180,000, representing 931 square feet (which gives us a cost per square foot of £186).
- The only property ever sold on Old Tram Road was finalised in July 2020.
Street Homes vs Area Markets
Old Tram Road Homes vs Surrounding Areas Prices
By Sector
HR2 7
Old Tram Road homes come with a price tag that's 6% lighter than the HR2 7 sector norm. (£191,500 vs £180,000). This reflects a potential saving of about £11,600 if you opt for Old Tram Road.
By District
i.e. HR2
The average property price in Old Tram Road is 34% below that in the HR2 district. (£180,000 vs £241,100). With these figures in mind, buying on Old Tram Road could leave you around £61,200 better off.
By City or Town
i.e. Hereford
In Hereford, you’ll pay 45% more for a home compared to Old Tram Road, based on typical prices. (£260,000 vs £180,000). That means swapping Hereford for Old Tram Road might just save you a cheeky £80,500.
Quick Notes on the Road
Must-Know Useful Facts About Old Tram Road
- There are exactly 9 homes along this lovely stretch, each tied to a single postcode.
- Old Tram Road does not contain any new-build homes.
- Homes along Old Tram Road are averaging 57 (D) – but with future improvements, this could climb to 83 (B).
- Compared to town-wide figures, homes on Old Tram Road are 17% larger on average, reaching around 931 square feet.
- The pace of sales here is stronger, with properties changing hands every 86 months unlike the 9.77 months norm for HR2.
Sector Secrets Shared
Local Market Insights for Hereford
Pricing gaps between streets in Hereford are often wider than they look. These articles uncover where the cracks are.
Additionally, we’ve compiled year-on-year stats, price comparisons, and property breakdowns on the Hereford House Prices section of our site.
Local Sights to Enjoy
HR2 Area Overview
Fancy getting under the surface of what HR2 has to offer? There’s plenty of quietly compelling data below.
432
No. of Roads
3,802
No. of Transactions
£300K
Avg. Property Price
1,117
per sq/ft
Avg. Property Size
£239
per sq/ft
Avg. Cost Per Sq/Ft
More Streets in Focus
Other Roads Worth Exploring
Popular Roads in HR2
HR2 Roads with Similar Prices
Roads Near Old Tram Road
