Ledbury

Area Guide For Ledbury

Ledbury is a Herefordshire market town, lying east of Hereford, and south of the Malvern Hills. It has a noteworthy number of timber-confined structures, specifically along Church Lane and High Street. One of its most remarkable is the Market House, implicit 1617, spotted in the town focus. Other remarkable structures incorporate the ward church of St. Michael and All Angels, the Painted Room (containing sixteenth-century frescoes), close-by Eastnor Castle and the St. Katherine's Hospital site. Established c.1231, this is an uncommon surviving illustration of a healing center intricate, with lobby, sanctuary, a Master's House, almshouses and a timber-surrounded stable. The fundamental streets through the town are the A449 and the A417, and the M50 motorway races to the south. Ledbury track station is close to the western end of the Cotswold Line and offers direct administrations to Hereford, Worcester, Birmingham, Oxford and London Paddington.

 
 

Ledbury Map

Estimated Price: £265,122
Average Asking Price: £376,465
Price change in last one year: £1,861
Average Price Paid: £226,518
Average Rent Rates: £727

 
 

Property Prices Breakdown in Ledbury

Average Price for property in Ledbury is around £265,122 which varies based on type of property you are interested in and ranges from £345,064 for detached house to around £208,163 for semi-detached. Similarly terraced house is around £182,868 and a flat is worth £154,833. Values have been changing and have risen £1,392 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,124 in last 6 months, £1,861 in last 1 year, £14,609 in last 2 years, £15,378 in last 3 years, £22,109 in last 4 years and £14,623 in last 5 years.

Currently average asking price of a property in Ledbury is around £376,465 based on approximately 192 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £727 per month.

Estimated property value in Ledbury is £265,122. Average asking price is £376,465 while average price paid is £230,269 which is up by £1,861 and Avg. asking rent £727.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Ledbury area. In last 1 year alone average price buyer paid is around £230,269 based on approximately 192 sales in Ledbury area alone. If you compare it to last 3 years sales of 571 properties where buyers paid around £224,407. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £226,518 for 936 and average amount paid for purchase of approx. 1,216 properties sold in last 7 years comes to about £226,357 per sale.

 
 

Properties For Sale in Ledbury

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £106,650, £198,668 for a 2 bedroom house, £276,569 for a 3 bedroom house, £394,285 for a 4 bedroom house and £822,772 for a 5 bedroom house. For a flat similarly the prices varies from £97,488 for a single bedroom to £207,980 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £212,475. To sum up the asking prices for properties in Ledbury it comes to around average £101,414 for 1 bedroom property, £200,220 for 2 bedroom, £272,685 for 3 bedroom, £394,285 for 4 bedroom and £822,772 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £459 for 1 bedroom to £649 for 2 bedrooms, £750 for 3 bedrooms, £1,001 for 4 bedrooms and £1,101 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £449. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £624 and £693 for 3 bedroom. You should be generally be expecting around average £453 rent per month for single bedroom property, £642 for 2 bedroom, £740 for 3 bedroom, £1,001 for 4 bedroom and approximately £1,101 for a 5 bedroom property in Ledbury area.

Popular Houses in Ledbury

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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