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House Prices in HR6 House Prices in HR6 (Leominster)

The average house price in HR6 (Leominster) is £333,730 using HM Land Registry data.

The average property price increased by £79,614 (36.74%) over the last 5 years and increased by £15,952 (5.17%) over the last 12 months.

Over the last year, there were 193 residential property sales – a decrease of 80 transactions (-41.45%) relative to the previous year. The majority of house sales (53) were in the £120,000 - £208,000 range. Then came properties in the £208,000 - £296,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 132 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,276 (-2%).

In Oct 24, there were 58 new estate agency instructions, 45 agreed home sales and 31 property price reductions.

Nearby Postcodes: DY14, HR1, HR2, HR3, HR4, HR5, HR7, HR8, HR9, LD1, LD2, LD3, LD7, LD8, NP7, SY15, SY16, SY6, SY7, SY8, SY9, TF13, WR15, WR6, WV16

5-Year Average Property Prices in HR6 (Leominster)

36.74%

Property prices in Leominster increased by 36.74% 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 HR6 (Leominster) Over the Last Year

5.17%

Property prices in Leominster increased by 5.17% 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 HR6 (Leominster) - 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 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 HR6 (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 HR6 (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 HR6 (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 HR6 (Leominster) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HR6 postcode area since 1995.

Recent Sales in HR6 (Leominster)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Little Orchard, Stockenhill Road, Leominster, Herefordshire, HR6 8PP£395,000£375,000-£20,00002 Oct 202322 Aug 2024325 Days
22 Clingo Road, Leominster, Herefordshire, HR6 8UD£169,995£163,000-£6,99511 Jun 202416 Aug 202466 Days
Flat 3, Townsend Court, Green Lane, Leominster, Herefordshire, HR6 8TD£115,000£115,000£0004 Apr 202409 Aug 2024127 Days
28 Millers Close, Leominster, Herefordshire, HR6 8BP£145,000£145,000£0009 May 202408 Aug 202491 Days
4 St Botolphs Green, Leominster, Herefordshire, HR6 8ER£169,950£166,000-£3,95010 Jul 202430 Jul 202420 Days
67 The Meadows, Leominster, Herefordshire, HR6 8QY£220,000£220,000£0019 Mar 202429 Jul 2024132 Days
65 South Street, Leominster, Herefordshire, HR6 8JH£345,000£327,000-£18,00030 Nov 202324 Jul 2024237 Days
3 Ridgemoor Road, Leominster, Herefordshire, HR6 8EJ£132,500£132,500£0009 Feb 202410 Jul 2024152 Days
25 Westgate, Leominster, Herefordshire, HR6 8SA£400,000£373,500-£26,50002 Aug 202310 Jul 2024343 Days
36 Kings Meadow, Wigmore, Leominster, Herefordshire, HR6 9UX£200,000£194,000-£6,00015 Apr 202408 Jul 202484 Days
64 Kings Meadow, Wigmore, Leominster, Herefordshire, HR6 9UX£195,000£195,000£0003 May 202405 Jul 202463 Days
60 Bargates, Leominster, Herefordshire, HR6 8EY£185,000£181,000-£4,00011 Oct 202303 Jul 2024266 Days
26 Mappenors Lane, Leominster, Herefordshire, HR6 8TG£200,000£197,500-£2,50009 Mar 202428 Jun 2024111 Days
5 Parsons Walk, Pembridge, Leominster, Herefordshire, HR6 9EP£499,950£485,000-£14,95008 Jul 202326 Jun 2024354 Days
17 Hanbury Green, Shobdon, Leominster, Herefordshire, HR6 9NS£210,000£200,000-£10,00031 Jan 202417 Jun 2024138 Days
159 Bargates, Leominster, Herefordshire, HR6 8QT£350,000£345,000-£5,00008 Feb 202414 Jun 2024127 Days
33 Barons Cross Road, Leominster, Herefordshire, HR6 8RL£495,000£462,500-£32,50020 Jul 202314 Jun 2024330 Days
The Yew Tree, Bridge Street, Pembridge, Leominster, Herefordshire, HR6 9ES£369,000£369,000£0013 Feb 202407 Jun 2024115 Days
148 Ridgemoor Road, Leominster, Herefordshire, HR6 8UN£140,000£130,000-£10,00008 Feb 202404 Jun 2024117 Days
13a, The Priory, Leominster, Herefordshire, HR6 8EQ£330,000£320,000-£10,00029 Mar 202324 May 2024422 Days

Most Expensive Streets in HR6 (Leominster)

PostcodeStreetAreaAverageNo. of Sales
HR6 0RQWhyle Lane, PudlestonLeominster£746,6663
HR6 9HRStaunton On ArrowLeominster£658,3336
HR6 9DWSuckley Lane, PembridgeLeominster£616,5003
HR6 9JQBroxwoodLeominster£600,0003
HR6 9USBury Court Park, WigmoreLeominster£585,5004
HR6 9EDBearwoodLeominster£582,5004
HR6 9RZKingslandLeominster£575,4005
HR6 0QNHamnishLeominster£562,0004
HR6 9JHBroxwoodLeominster£557,5004
HR6 0LGStoke PriorLeominster£554,5836

Least Expensive Streets in HR6 (Leominster)

PostcodeStreetAreaAverageNo. of Sales
HR6 8HXBridge CourtLeominster£55,8995
HR6 8LZHigh StreetLeominster£73,5505
HR6 8TDTownsend Court, Green LaneLeominster£84,90526
HR6 8JFSouth StreetLeominster£88,7005
HR6 8ESWest StreetLeominster£101,0003
HR6 0FAWell GardensLeominster£104,2905
HR6 8SUSilurian CloseLeominster£120,0004
HR6 8PZKenelm CourtLeominster£131,4005
HR6 8GGRyelands Court, Ryelands RoadLeominster£132,9166
HR6 8UHThe MallardsLeominster£133,15313

Explore HR6 (Leominster) using map

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