FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in HR2

House Prices in HR2 House Prices in HR2 (Hereford)

The average house price in HR2 (Hereford) is £294,047 using HM Land Registry data.

The average property price increased by £56,767 (24.72%) over the last 5 years and increased by £11,374 (3.76%) over the last 12 months.

Over the last year, there were 294 residential property sales – a decrease of 177 transactions (-60.20%) relative to the previous year. The majority of house sales (83) were in the £150,000 - £220,000 range. Then came properties in the £220,000 - £290,000 range, where 71 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,054 (-2%).

In Oct 24, there were 60 new estate agency instructions, 48 agreed home sales and 48 property price reductions.

Nearby Postcodes: GL15, GL16, GL17, GL18, HR1, HR3, HR4, HR5, HR6, HR7, HR8, HR9, LD2, LD3, NP13, NP15, NP16, NP23, NP25, NP4, NP7, NP8

5-Year Average Property Prices in HR2 (Hereford)

24.72%

Property prices in Hereford increased by 24.72% 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 HR2 (Hereford) Over the Last Year

3.76%

Property prices in Hereford increased by 3.76% 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 HR2 (Hereford) - Oct 24

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 HR2 (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 HR2 (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 HR2 (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 HR2 (Hereford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HR2 postcode area since 1995.

Recent Sales in HR2 (Hereford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
32 Franks Avenue, Hereford, Herefordshire, HR2 6HZ£179,950£177,500-£2,45001 May 202423 Aug 2024114 Days
67 Dorchester Way, Belmont, Hereford, Herefordshire, HR2 7ZW£372,000£369,500-£2,50007 Mar 202316 Aug 2024528 Days
6 Brook Farm Court, Belmont, Hereford, Herefordshire, HR2 7TZ£99,950£95,000-£4,95002 Mar 202409 Aug 2024160 Days
19 Kilpeck Avenue, Hereford, Herefordshire, HR2 7DT£180,000£180,000£0020 Apr 202409 Aug 2024111 Days
8 Brook Farm Court, Belmont, Hereford, Herefordshire, HR2 7TZ£99,995£98,000-£1,99507 Feb 202407 Aug 2024182 Days
31 The Pastures, Lower Bullingham, Hereford, Herefordshire, HR2 6EU£329,500£325,000-£4,50007 Mar 202429 Jul 2024144 Days
Flat 5, Winchcombe House, Sydwall Road, Belmont, Hereford, Herefordshire, HR2 7XR£99,950£92,000-£7,95010 Apr 202426 Jul 2024107 Days
156 Holme Lacy Road, Hereford, Herefordshire, HR2 6DB£249,500£237,500-£12,00018 Apr 202426 Jul 202499 Days
55 Longmeadow, Hereford, Herefordshire, HR2 6HH£75,000£75,000£0002 Feb 202419 Jul 2024168 Days
20 Rotherwas Close, Hereford, Herefordshire, HR2 6RG£215,000£215,000£0019 Mar 202419 Jul 2024122 Days
44 Waggoners Way, Hereford, Herefordshire, HR2 6RJ£254,950£252,500-£2,45011 Apr 202412 Jul 202492 Days
46 Westholme Road, Belmont, Hereford, Herefordshire, HR2 7SX£300,000£300,000£0005 Dec 202310 Jul 2024218 Days
29 Blakemore Close, Hereford, Herefordshire, HR2 7HZ£155,000£155,000£0024 Mar 202308 Jul 2024472 Days
4 Hinton Crescent, Hereford, Herefordshire, HR2 6AD£208,000£165,000-£43,00004 Sep 201905 Jul 20241766 Days
38 Aconbury Avenue, Hereford, Herefordshire, HR2 6HR£119,950£110,000-£9,95002 Jan 202401 Jul 2024181 Days
15 St Charles Court, Lower Bullingham, Hereford, Herefordshire, HR2 6EJ£105,000£102,750-£2,25026 Feb 202428 Jun 2024123 Days
1 Heron Close, Hereford, Herefordshire, HR2 7TP£245,000£240,000-£5,00015 Dec 202328 Jun 2024196 Days
7 Fountains Close, Hereford, Herefordshire, HR2 7XY£349,950£349,950£0005 Feb 202427 Jun 2024143 Days
28 Hazel Grove, Hereford, Herefordshire, HR2 7JX£375,000£365,000-£10,00010 Oct 202327 Jun 2024261 Days
76 Stanberrow Road, Hereford, Herefordshire, HR2 7NE£230,000£225,000-£5,00005 Dec 202320 Jun 2024198 Days

Most Expensive Streets in HR2 (Hereford)

PostcodeStreetAreaAverageNo. of Sales
HR2 0QNNewton St MargaretsHereford£903,0004
HR2 0RLVowchurchHereford£662,5006
HR2 9QEEaton BishopHereford£649,3333
HR2 6PHHolme LacyHereford£621,7005
HR2 8JELlanwarneHereford£593,0003
HR2 8HYMuch BirchHereford£591,75014
HR2 9SYClehongerHereford£570,0004
HR2 0BLPontrilasHereford£563,8003
HR2 8ELWormelowHereford£555,0003
HR2 8EZGarway HillHereford£555,0003

Least Expensive Streets in HR2 (Hereford)

PostcodeStreetAreaAverageNo. of Sales
HR2 6SEBroomfield WalkHereford£85,8163
HR2 7TZBrook Farm Court, BelmontHereford£91,6188
HR2 7YNSt Theodors Court, BelmontHereford£100,8333
HR2 6EJSt Charles Court, Lower BullinghamHereford£108,7086
HR2 7JJSpringfield AvenueHereford£116,6663
HR2 6RNCider Press DriveHereford£118,1663
HR2 7ADPembridge CloseHereford£120,2504
HR2 7RQSt Martins AvenueHereford£123,3333
HR2 7EETreago GroveHereford£134,8005
HR2 7HZBlakemore CloseHereford£136,5628

Explore HR2 (Hereford) using map

Sell Your
House Fast
Property Auctions Herefordshire
Property Auctions Herefordshire
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark