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House Prices in HR3

The average house price in HR3 (Hereford) is £471,666 using HM Land Registry data.

The average property price increased by £99,740 (41.58%) over the last 5 years and increased by £19,979 (5.68%) over the last 12 months.

Over the last year, there were 72 residential property sales – a decrease of 12 transactions (-16.67%) relative to the previous year. The majority of house sales (20) were in the £180,000 - £288,000 range. Then came properties in the £288,000 - £396,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 154 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,101 (-3%).

In January 2025, there were 20 new estate agency instructions, 14 agreed home sales and 14 property price reductions.

5-Year Average Property Prices in HR3 (Hereford)

41.58%

Property prices in HR3 (Hereford) increased by 41.58% 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 HR3 (Hereford) Over the Last Year

5.68%

Property prices in HR3 (Hereford) increased by 5.68% 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 HR3 (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 HR3 (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 HR3 (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 HR3 (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 HR3 (Hereford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HR3 postcode area since 1995.

Recent Sales in HR3 (Hereford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
8 Booth Gardens, Hay On Wye, Hereford, Powys, HR3 5BH	£400,000	£380,000	-£20,000	16 Jul 2024	28 Nov 2024	135 Days
Flat 5, Frank Lewis House, St Marys Road, Hay On Wye, Hereford, Powys, HR3 5EB	£120,000	£120,000	£0	08 Jul 2024	31 Oct 2024	115 Days
9 Millstream Gardens, Eardisley, Hereford, Herefordshire, HR3 6NR	£375,000	£375,000	£0	24 Apr 2024	25 Oct 2024	184 Days
3 Ashcroft, Almeley, Hereford, Herefordshire, HR3 6PE	£235,000	£228,000	-£7,000	02 Jan 2024	17 Oct 2024	289 Days
9 Castle Estate, Clyro, Hereford, Powys, HR3 5SP	£190,000	£171,000	-£19,000	03 Jun 2024	11 Oct 2024	130 Days
13 West View, Almeley, Hereford, Herefordshire, HR3 6LE	£179,950	£177,000	-£2,950	03 Apr 2024	22 Aug 2024	141 Days
18 Buttercup Meadow, Clyro, Hereford, Powys, HR3 5JZ	£375,000	£360,000	-£15,000	22 Mar 2024	15 Jul 2024	115 Days
6 River View, Glasbury, Hereford, Powys, HR3 5NR	£550,000	£535,000	-£15,000	13 Mar 2024	12 Jul 2024	121 Days
8 St Marys Road, Hay On Wye, Hereford, Powys, HR3 5EB	£300,000	£280,000	-£20,000	07 Apr 2023	05 Jul 2024	455 Days
4 Church Street, Hay On Wye, Hereford, Powys, HR3 5DQ	£325,000	£325,000	£0	18 Jan 2024	07 Jun 2024	141 Days
12 Warren Close, Hay On Wye, Hereford, Powys, HR3 5EL	£290,000	£290,000	£0	02 Jan 2024	24 Apr 2024	113 Days
2 The Gardens, Hay On Wye, Hereford, Powys, HR3 5AU	£250,000	£225,000	-£25,000	28 Nov 2023	18 Apr 2024	142 Days
13 The Meadows, Hay On Wye, Hereford, Powys, HR3 5LF	£350,000	£350,000	£0	07 Feb 2024	22 Mar 2024	44 Days
21 De Breos Court, Hay On Wye, Hereford, Powys, HR3 5DL	£450,000	£425,000	-£25,000	06 Sep 2023	21 Mar 2024	197 Days
2 Bull Farm Cottages, Letton, Hereford, Herefordshire, HR3 6DH	£285,000	£260,000	-£25,000	03 Nov 2023	01 Mar 2024	119 Days
12 Begwyns Bluff, Clyro, Hereford, Powys, HR3 5SR	£285,000	£261,000	-£24,000	07 Jun 2023	22 Nov 2023	168 Days
14 Dore View, Dorstone, Hereford, Herefordshire, HR3 6AJ	£230,000	£230,000	£0	09 Jun 2023	23 Oct 2023	136 Days
19 West View, Almeley, Hereford, Herefordshire, HR3 6LE	£160,000	£160,000	£0	26 Sep 2023	20 Oct 2023	24 Days
1 Black Lion Green, Hay On Wye, Hereford, Powys, HR3 5AR	£220,000	£180,000	-£40,000	25 Aug 2023	05 Oct 2023	41 Days
6a, Lion Street, Hay On Wye, Hereford, Powys, HR3 5AA	£150,000	£150,000	£0	26 May 2023	08 Sep 2023	105 Days

Most Expensive Streets in HR3 (Hereford)

Postcode	Street	Area	Average	No. of Sales
HR3 6LB	Almeley	Hereford	£722,500	3
HR3 6BZ	Bredwardine	Hereford	£672,500	4
HR3 5RF	Cusop	Hereford	£598,000	5
HR3 5HQ	Parks Road, Clifford	Hereford	£575,750	3
HR3 5LH	Glasbury	Hereford	£570,000	3
HR3 6AT	Dorstone	Hereford	£525,000	3
HR3 6NY	Kinnersley	Hereford	£514,583	6
HR3 6LQ	Almeley	Hereford	£475,000	6
HR3 5DS	Castle Gardens, Hay On Wye	Hereford	£471,248	4
HR3 6AN	Dorstone	Hereford	£467,333	3

Least Expensive Streets in HR3 (Hereford)

Postcode	Street	Area	Average	No. of Sales
HR3 6LE	West View, Almeley	Hereford	£185,666	3
HR3 6NE	Bells Orchard, Almeley	Hereford	£201,666	3
HR3 5BQ	Brook Street, Hay On Wye	Hereford	£208,750	4
HR3 5AU	The Gardens, Hay On Wye	Hereford	£209,000	5
HR3 5AY	Garth Felin, Heol Y Dwr	Hereford	£211,666	3
HR3 5EL	Warren Close, Hay On Wye	Hereford	£220,680	10
HR3 6PL	Canonford Avenue, Eardisley	Hereford	£220,700	3
HR3 5AX	Smallbrook Terrace, Hay On Wye	Hereford	£232,500	4
HR3 5EB	St Marys Road, Hay On Wye	Hereford	£233,556	8
HR3 5TN	Birch Close, Hay On Wye	Hereford	£238,537	10