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House Prices in HR8 House Prices in HR8 (Ledbury)

The average house price in HR8 (Ledbury) is £346,912 using HM Land Registry data.

The average property price increased by £74,102 (37.88%) over the last 5 years and increased by £14,848 (5.29%) over the last 12 months.

Over the last year, there were 142 residential property sales – a decrease of 67 transactions (-47.18%) relative to the previous year. The majority of house sales (46) were in the £246,000 - £322,000 range. Then came properties in the £170,000 - £246,000 range, where 29 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 £-10,547 (-3%).

In Dec 24, there were 22 new estate agency instructions, 20 agreed home sales and 11 property price reductions.

Nearby Postcodes: DY13, DY14, GL14, GL16, GL17, GL18, GL19, GL2, GL20, GL51, HR1, HR2, HR4, HR6, HR7, HR9, NP25, WR13, WR14, WR15, WR2, WR5, WR6, WR8, WR9

5-Year Average Property Prices in HR8 (Ledbury)

37.88%

Property prices in Ledbury increased by 37.88% 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 HR8 (Ledbury) Over the Last Year

5.29%

Property prices in Ledbury increased by 5.29% 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 HR8 (Ledbury) - Dec 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 HR8 (Ledbury)

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 HR8 (Ledbury)

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 HR8 (Ledbury)

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 HR8 (Ledbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HR8 postcode area since 1995.

Recent Sales in HR8 (Ledbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Albert Road, Ledbury, Herefordshire, HR8 2DW£275,000£252,500-£22,50010 May 202431 Oct 2024174 Days
29 Albert Road, Ledbury, Herefordshire, HR8 2DN£575,000£553,000-£22,00003 May 202430 Oct 2024180 Days
63 Churchill Meadows, Ledbury, Herefordshire, HR8 2DQ£285,000£260,000-£25,00012 Aug 202425 Oct 202474 Days
Brook House, Horse Road, Wellington Heath, Ledbury, Herefordshire, HR8 1LS£490,000£477,500-£12,50008 May 202417 Oct 2024162 Days
Oakland Lodge, The Homend, Ledbury, Herefordshire, HR8 1AR£630,000£605,000-£25,00031 May 202408 Oct 2024130 Days
5 John Lee Road, Ledbury, Herefordshire, HR8 2FE£300,000£290,000-£10,00008 Aug 202404 Oct 202457 Days
8 Hopton Close, Ledbury, Herefordshire, HR8 2FD£273,950£273,950£0017 Apr 202422 Aug 2024127 Days
Ashdown House, Homend Crescent, Ledbury, Herefordshire, HR8 1AQ£550,000£550,000£0028 Mar 202401 Aug 2024126 Days
Otterburn, Lower Road, Ledbury, Herefordshire, HR8 2DH£289,000£282,000-£7,00017 Jan 202414 Jun 2024149 Days
31 John Lee Road, Ledbury, Herefordshire, HR8 2FE£269,950£250,000-£19,95008 Jan 202416 May 2024129 Days
15 Childer Road, Ledbury, Herefordshire, HR8 2FW£220,000£212,000-£8,00010 Jan 202410 May 2024121 Days
Old Captains, Hereford Road, Ledbury, Herefordshire, HR8 2PX£650,000£635,000-£15,00006 Feb 202417 Apr 202471 Days
9 Orchard Rise, Ledbury, Herefordshire, HR8 2GB£325,000£310,000-£15,00026 May 202312 Apr 2024322 Days
9 Queensway, Ledbury, Herefordshire, HR8 2AY£219,000£214,000-£5,00018 Feb 202210 Apr 2024782 Days
67 Bank Crescent, Ledbury, Herefordshire, HR8 1AF£695,000£690,000-£5,00006 Oct 202308 Apr 2024185 Days
32 Oakland Drive, Ledbury, Herefordshire, HR8 2ER£289,950£280,000-£9,95016 Dec 202305 Apr 2024111 Days
84 Bridge Street, Ledbury, Herefordshire, HR8 2AH£200,000£190,000-£10,00006 Jun 202328 Mar 2024296 Days
1 Lower Road, Ledbury, Herefordshire, HR8 2DH£240,000£240,000£0020 Sep 202328 Mar 2024190 Days
51 The Southend, Ledbury, Herefordshire, HR8 2HD£230,000£220,000-£10,00021 Sep 202328 Mar 2024189 Days
39 Queens Court, Ledbury, Herefordshire, HR8 2AL£169,950£169,950£0005 Jan 202426 Mar 202481 Days

Most Expensive Streets in HR8 (Ledbury)

PostcodeStreetAreaAverageNo. of Sales
HR8 1QAAylescroft, BosburyLedbury£668,3333
HR8 1JAWorcester RoadLedbury£663,6663
HR8 1JUPow Green, BosburyLedbury£660,0005
HR8 1QDBosburyLedbury£648,8005
HR8 1HDBosburyLedbury£632,3034
HR8 1AEBank CrescentLedbury£625,3333
HR8 1PPHorse Lane OrchardLedbury£616,1119
HR8 2EENew StreetLedbury£613,0624
HR8 1ANKnapp LaneLedbury£604,2857
HR8 2QPPutleyLedbury£584,9996

Least Expensive Streets in HR8 (Ledbury)

PostcodeStreetAreaAverageNo. of Sales
HR8 1BSThe HomendLedbury£99,3339
HR8 2DXBorn Court, New Street, LedburyLedbury£109,08318
HR8 2XSFurlong Court, Bramley CloseLedbury£115,40010
HR8 1BYLeadon Bank, Orchard LaneLedbury£143,63111
HR8 2ALQueens CourtLedbury£152,14613
HR8 2GRHerrick ValeLedbury£153,0813
HR8 2PPNorthdown CloseLedbury£166,8333
HR8 2HHBray AvenueLedbury£180,2504
HR8 1DQThe MewsLedbury£185,6663
HR8 2DFElgar CloseLedbury£186,1666

Explore HR8 (Ledbury) using map

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