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House Prices in HR1

The average house price in HR1 (Hereford) is £350,953 using HM Land Registry data.

The average property price increased by £60,450 (19.82%) over the last 5 years and increased by £12,113 (3.12%) over the last 12 months.

Over the last year, there were 379 residential property sales – a decrease of 57 transactions (-15.04%) relative to the previous year. The majority of house sales (108) were in the £246,000 - £322,000 range. Then came properties in the £170,000 - £246,000 range, where 78 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 184 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,969 (-2%).

In February 2025, there were 73 new estate agency instructions, 58 agreed home sales and 15 property price reductions.

5-Year Average Property Prices in HR1 (Hereford)

19.82%

Property prices in HR1 (Hereford) increased by 19.82% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in HR1 (Hereford) Over the Last Year

3.12%

Property prices in HR1 (Hereford) increased by 3.12% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for HR1 (Hereford) - February 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in HR1 (Hereford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in HR1 (Hereford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in HR1 (Hereford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the HR1 (Hereford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HR1 postcode area since 1995.

Recent Sales in HR1 (Hereford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
67 The Hamlet, Stoke Edith, Hereford, Herefordshire, HR1 4HQ	£700,000	£687,500	-£12,500	23 Sep 2024	28 Jan 2025	127 Days
1 Upper Cottages, Moreton Jefferies, Hereford, Herefordshire, HR1 3QU	£325,000	£325,000	£0	23 Jul 2024	21 Jan 2025	182 Days
67 St Guthlac Street, Hereford, Herefordshire, HR1 2EX	£235,000	£230,000	-£5,000	30 Jul 2024	17 Jan 2025	171 Days
11 Grenfell Road, Hereford, Herefordshire, HR1 2QR	£290,000	£285,000	-£5,000	19 Jul 2024	16 Jan 2025	181 Days
28 Loder Drive, Hereford, Herefordshire, HR1 1DS	£440,000	£420,000	-£20,000	31 Jul 2024	15 Jan 2025	168 Days
72 Underhill Road, Hereford, Herefordshire, HR1 1SZ	£295,000	£295,000	£0	16 Jul 2024	10 Jan 2025	178 Days
21 Hopton Close, Bartestree, Hereford, Herefordshire, HR1 4DQ	£319,950	£310,000	-£9,950	11 Jun 2024	03 Jan 2025	206 Days
8 Norbury Place, Hereford, Herefordshire, HR1 1UD	£369,950	£354,750	-£15,200	27 Sep 2024	20 Dec 2024	84 Days
39 Lingen Avenue, Hereford, Herefordshire, HR1 1BY	£365,000	£354,000	-£11,000	13 Aug 2024	20 Dec 2024	129 Days
Flat 5, Charles Court, Coningsby Street, Hereford, Herefordshire, HR1 2DQ	£139,995	£138,995	-£1,000	04 Oct 2024	19 Dec 2024	76 Days
46 Brockington Road, Bodenham, Hereford, Herefordshire, HR1 3LP	£449,950	£445,000	-£4,950	15 Aug 2024	19 Dec 2024	126 Days
31 Frome Park, Bartestree, Hereford, Herefordshire, HR1 4BF	£359,950	£356,000	-£3,950	14 May 2024	18 Dec 2024	218 Days
10 Prospect Walk, Hereford, Herefordshire, HR1 1NX	£230,000	£215,000	-£15,000	06 Aug 2024	18 Dec 2024	134 Days
3 Walkers Green, Marden, Hereford, Herefordshire, HR1 3DN	£290,000	£290,000	£0	14 Oct 2024	18 Dec 2024	65 Days
32 Highgrove Bank, Hereford, Herefordshire, HR1 2TA	£259,500	£257,500	-£2,000	20 Aug 2024	16 Dec 2024	118 Days
7 Frome Court, Bartestree, Hereford, Herefordshire, HR1 4DX	£235,000	£228,000	-£7,000	22 Nov 2023	13 Dec 2024	387 Days
128 Quarry Road, Hereford, Herefordshire, HR1 1SX	£318,500	£300,000	-£18,500	02 Aug 2024	13 Dec 2024	133 Days
37 Southbank Road, Hereford, Herefordshire, HR1 2TL	£365,000	£355,000	-£10,000	19 Jul 2024	12 Dec 2024	146 Days
59 Church Croft, Fownhope, Hereford, Herefordshire, HR1 4PL	£325,000	£305,000	-£20,000	31 May 2024	11 Dec 2024	194 Days
22 Vineyard Road, Hereford, Herefordshire, HR1 1TT	£750,000	£725,000	-£25,000	22 May 2024	04 Dec 2024	196 Days

Most Expensive Streets in HR1 (Hereford)

Postcode	Street	Area	Average	No. of Sales
HR1 1TJ	The Lane	Hereford	£998,250	4
HR1 1JU	Cypress Gardens	Hereford	£725,833	3
HR1 1TT	Vineyard Road	Hereford	£685,000	3
HR1 1TH	Hampton Park Road	Hereford	£685,000	6
HR1 2TP	Bodenham Road	Hereford	£677,945	11
HR1 1TF	The Park	Hereford	£675,666	3
HR1 1TQ	Hampton Park Road	Hereford	£675,000	4
HR1 1BT	Penn Grove Road	Hereford	£664,500	5
HR1 4BY	Bartestree	Hereford	£638,000	5
HR1 3NG	Eau Withington	Hereford	£623,333	3

Least Expensive Streets in HR1 (Hereford)

Postcode	Street	Area	Average	No. of Sales
HR1 2NT	St Owen Court, Mill Street, Hereford	Hereford	£77,237	8
HR1 2LP	Guardian Court, Ferrers Street, Hereford	Hereford	£93,000	10
HR1 2PR	St Owen Street	Hereford	£100,000	3
HR1 2EH	Whitby House, Commercial Street, Hereford	Hereford	£109,375	8
HR1 1HA	Kingsway	Hereford	£124,833	6
HR1 1PL	Eastnor Drive	Hereford	£128,400	3
HR1 2SN	Burrows Court	Hereford	£136,000	6
HR1 1EZ	Regent Gardens	Hereford	£138,291	12
HR1 1TZ	Angela Close	Hereford	£144,200	5
HR1 2AF	The Embankment, Gaol Street, Hereford	Hereford	£146,100	10