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House Prices in HR2 House Prices in HR2 (Hereford)

The average house price in HR2 (Hereford) is £315,935 using HM Land Registry data.

The average property price increased by £55,834 (24.72%) over the last 5 years and increased by £11,184 (3.76%) over the last 12 months.

Over the last year, there were 337 residential property sales – a decrease of 138 transactions (-40.95%) relative to the previous year. The majority of house sales (98) were in the £160,000 - £228,000 range. Then came properties in the £228,000 - £296,000 range, where 84 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 140 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,000 (-2%).

In January 2025, there were 57 new estate agency instructions, 54 agreed home sales and 41 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 HR2 (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 HR2 (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) - January 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 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
2 Chantry Court, Belmont, Hereford, Herefordshire, HR2 7YQ£99,950£97,500-£2,45026 Jul 202416 Dec 2024143 Days
5 Forde Lane, Belmont, Hereford, Herefordshire, HR2 7SR£285,000£274,500-£10,50030 Jul 202413 Dec 2024136 Days
48 Brampton Road, Hereford, Herefordshire, HR2 7DF£193,000£189,000-£4,00020 Apr 202406 Dec 2024230 Days
4 Brook Farm Court, Belmont, Hereford, Herefordshire, HR2 7TY£165,000£162,500-£2,50022 Oct 202406 Dec 202445 Days
123 The Pastures, Lower Bullingham, Hereford, Herefordshire, HR2 6EU£229,950£229,950£014 Aug 202404 Dec 2024112 Days
30 Grantham Close, Belmont, Hereford, Herefordshire, HR2 7ZG£199,950£199,000-£95011 Jul 202429 Nov 2024141 Days
10 The Shires, Lower Bullingham, Hereford, Herefordshire, HR2 6EZ£200,000£195,000-£5,00016 Aug 202429 Nov 2024105 Days
8 Northolme Road, Belmont, Hereford, Herefordshire, HR2 7SP£235,000£235,000£006 Sep 202425 Nov 202480 Days
44 Oulton Avenue, Belmont, Hereford, Herefordshire, HR2 7YX£315,000£315,000£010 Jun 202424 Nov 2024167 Days
111 Dorchester Way, Belmont, Hereford, Herefordshire, HR2 7ZW£385,000£385,000£024 Mar 202422 Nov 2024243 Days
32 Warwick Road, Lower Bullingham, Hereford, Herefordshire, HR2 6FB£359,500£350,000-£9,50025 Jul 202322 Nov 2024486 Days
21 The Shires, Lower Bullingham, Hereford, Herefordshire, HR2 6EY£190,000£180,000-£10,00028 Aug 202418 Nov 202482 Days
12 Arran Avenue, Hereford, Herefordshire, HR2 6BT£285,000£275,000-£10,00012 Jul 202415 Nov 2024126 Days
15 St Martins Avenue, Hereford, Herefordshire, HR2 7RQ£169,950£169,500-£45004 Jul 202415 Nov 2024134 Days
3 Benedict Close, Belmont, Hereford, Herefordshire, HR2 7XP£275,000£270,000-£5,00028 Mar 202415 Nov 2024232 Days
34 Elmdale, Ewyas Harold, Hereford, Herefordshire, HR2 0HZ£225,000£225,000£020 Jun 202415 Nov 2024148 Days
15 Mulberry Close, Belmont, Hereford, Herefordshire, HR2 7UT£215,000£212,000-£3,00015 May 202415 Nov 2024184 Days
6 Heliston Terrace, Pontrilas, Hereford, Herefordshire, HR2 0UE£187,500£184,000-£3,50026 Jun 202408 Nov 2024135 Days
35 Cider Press Drive, Hereford, Herefordshire, HR2 6RN£295,000£295,000£014 Jun 202408 Nov 2024147 Days
50 Whitefriars Road, Hereford, Herefordshire, HR2 7XF£305,000£300,000-£5,00016 May 202401 Nov 2024169 Days

Most Expensive Streets in HR2 (Hereford)

PostcodeStreetAreaAverageNo. of Sales
HR2 0QNNewton St MargaretsHereford£1,012,3333
HR2 9DADidleyHereford£713,3333
HR2 0RLVowchurchHereford£662,5006
HR2 9QEEaton BishopHereford£649,3333
HR2 9AGAllensmoreHereford£635,5003
HR2 6PHHolme LacyHereford£614,7506
HR2 8JELlanwarneHereford£593,0003
HR2 6PNLittle DewchurchHereford£592,5003
HR2 8HYMuch BirchHereford£591,75014
HR2 8EZGarway HillHereford£591,2504

Least Expensive Streets in HR2 (Hereford)

PostcodeStreetAreaAverageNo. of Sales
HR2 6SEBroomfield WalkHereford£85,8163
HR2 7TZBrook Farm Court, BelmontHereford£91,6188
HR2 7YQChantry Court, BelmontHereford£92,0003
HR2 7YNSt Theodors Court, BelmontHereford£100,8333
HR2 6EJSt Charles Court, Lower BullinghamHereford£114,0505
HR2 7JJSpringfield AvenueHereford£116,6663
HR2 7ADPembridge CloseHereford£120,2504
HR2 7EETreago GroveHereford£134,8005
HR2 7RQSt Martins AvenueHereford£134,8754
HR2 7HZBlakemore CloseHereford£136,5628

Explore HR2 (Hereford) using map

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