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Leominster House Prices Leominster House Prices

The average house price in Leominster is £251,227 using HM Land Registry data.

The average property price increased by £45,486 (24.24%) over the last 5 years and increased by £9,091 (4.06%) over the last 12 months.

Over the last year, there were 123 residential property sales – a decrease of 56 transactions (-45.53%) relative to the previous year. The majority of house sales (37) were in the £146,000 - £202,000 range. Then came properties in the £202,000 - £258,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,276 (-2%).

In April 2024, there were 33 new estate agency instructions, 23 agreed home sales and 13 property price reductions.

Postcodes Covered: HR6

5-Year Average Property Prices in Leominster

24.24%

Property prices in Leominster increased by 24.24% 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 Leominster Over the Last Year

4.06%

Property prices in Leominster increased by 4.06% 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.

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).

Property Market Heat Gauge for Leominster - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Leominster

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 Leominster

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 Leominster

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 Leominster since 1995

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

Recent Property Sales in Leominster

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
44 The Rugg, Leominster, Herefordshire, HR6 8TE£295,000£275,000-£20,00016 Nov 202326 Mar 2024131 Days
23 Ropewalk Avenue, Leominster, Herefordshire, HR6 8LY£360,000£345,000-£15,00022 May 202309 Feb 2024263 Days
Flat 6, Townsend Court, Green Lane, Leominster, Herefordshire, HR6 8TD£86,950£86,950£0020 Mar 202331 Jan 2024317 Days
19 Ropewalk Avenue, Leominster, Herefordshire, HR6 8LY£300,000£275,000-£25,00030 May 202309 Jan 2024224 Days
South Dene, Hereford Terrace, Leominster, Herefordshire, HR6 8JP£365,000£345,000-£20,00003 Jul 202309 Jan 2024190 Days
157 Godiva Road, Leominster, Herefordshire, HR6 8TB£255,950£251,500-£4,45015 Aug 202315 Dec 2023122 Days
Flat 21, Townsend Court, Green Lane, Leominster, Herefordshire, HR6 8TD£75,000£70,000-£5,00030 Aug 202312 Dec 2023104 Days
45 Oldfields Close, Leominster, Herefordshire, HR6 8TL£389,950£375,000-£14,95009 May 202308 Dec 2023213 Days
19 Falconer Place, Leominster, Herefordshire, HR6 8AP£175,000£170,000-£5,00018 Jul 202308 Dec 2023143 Days
21 Porters Mill Close, Leominster, Herefordshire, HR6 8BL£285,000£275,000-£10,00028 Feb 202306 Dec 2023281 Days
19 Ebnal Close, Leominster, Herefordshire, HR6 8SL£170,000£165,000-£5,00023 Oct 202304 Dec 202342 Days
34 Oldfields Close, Leominster, Herefordshire, HR6 8TL£325,000£295,000-£30,00019 Sep 202301 Dec 202373 Days
13 Westfield Walk, Leominster, Herefordshire, HR6 8HD£177,000£170,000-£7,00012 Sep 202330 Nov 202379 Days
Flat 10, Townsend Court, Green Lane, Leominster, Herefordshire, HR6 8TD£105,000£98,000-£7,00021 Jul 202230 Nov 2023497 Days
12 Bridge Court, Leominster, Herefordshire, HR6 8HX£55,000£50,000-£5,00019 Jan 202327 Nov 2023312 Days
Flat 13, Townsend Court, Green Lane, Leominster, Herefordshire, HR6 8TD£75,000£75,000£0017 Apr 202323 Nov 2023220 Days
40 Blanchard Close, Leominster, Herefordshire, HR6 8SH£155,000£155,000£0029 Jun 202317 Nov 2023141 Days
48 Blanchard Close, Leominster, Herefordshire, HR6 8SH£159,950£146,000-£13,95021 Jun 202316 Nov 2023148 Days
55 Bridge Street, Leominster, Herefordshire, HR6 8DU£225,000£210,000-£15,00003 Jan 202310 Nov 2023311 Days
46 Buckfield Road, Leominster, Herefordshire, HR6 8SQ£285,000£280,000-£5,00009 Jun 202310 Nov 2023154 Days

Most Expensive Streets in Leominster

PostcodeStreetAreaAverageNo. of Sales
HR6 8RLBarons Cross RoadLeominster£396,2374
HR6 8QZHavelock RoadLeominster£383,6653
HR6 8SSWoodfen CrescentLeominster£370,4287
HR6 8QSBargatesLeominster£333,2229
HR6 8QTBargatesLeominster£330,5905
HR6 8JUHereford RoadLeominster£327,4005
HR6 8TAGodiva RoadLeominster£327,1427
HR6 8PRNewlands DriveLeominster£313,0009
HR6 8TFRadnor ViewLeominster£308,7504
HR6 8JHSouth StreetLeominster£307,5004

Least Expensive Streets in Leominster

PostcodeStreetAreaAverageNo. of Sales
HR6 8HXBridge CourtLeominster£55,8995
HR6 8LZHigh StreetLeominster£69,4374
HR6 8TDTownsend CourtGreen Lane£83,70225
HR6 8JFSouth StreetLeominster£93,4287
HR6 0FAWell GardensLeominster£98,1124
HR6 8ESWest StreetLeominster£101,0003
HR6 8SUSilurian CloseLeominster£120,0004
HR6 8GGRyelands CourtRyelands Road£128,7506
HR6 8PZKenelm CourtLeominster£131,4005
HR6 8UHThe MallardsLeominster£135,08312

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