You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in HR8

House Prices in HR8

The average house price in HR8 (Ledbury) is £263,750 using HM Land Registry data.

The average property price increased by £111,585 (37.88%) over the last 5 years and increased by £22,307 (5.29%) over the last 12 months.

Over the last year, there were 137 residential property sales – a decrease of 130 transactions (-94.89%) relative to the previous year. The majority of house sales (37) were in the £258,000 - £346,000 range. Then came properties in the £170,000 - £258,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,635 (-3%).

In June 2024, there were 45 new estate agency instructions, 40 agreed home sales and 31 property price reductions.

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.

Property Market Heat Gauge for HR8 (Ledbury) - June 2024

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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
67 Bank Crescent, Ledbury, Herefordshire, HR8 1AF	£695,000	£690,000	-£5,000	06 Oct 2023	08 Apr 2024	185 Days
32 Oakland Drive, Ledbury, Herefordshire, HR8 2ER	£289,950	£280,000	-£9,950	16 Dec 2023	05 Apr 2024	111 Days
84 Bridge Street, Ledbury, Herefordshire, HR8 2AH	£200,000	£190,000	-£10,000	06 Jun 2023	28 Mar 2024	296 Days
1 Lower Road, Ledbury, Herefordshire, HR8 2DH	£240,000	£240,000	£00	20 Sep 2023	28 Mar 2024	190 Days
72 Bridge Street, Ledbury, Herefordshire, HR8 2AH	£289,995	£280,000	-£9,995	21 Sep 2023	22 Mar 2024	183 Days
14 Auden Crescent, Ledbury, Herefordshire, HR8 2UU	£495,000	£460,000	-£35,000	06 Sep 2023	07 Mar 2024	183 Days
25 Loden Brook Close, Ledbury, Herefordshire, HR8 2FN	£449,950	£442,500	-£7,450	04 Sep 2023	01 Mar 2024	179 Days
Parish Cottage, Ashperton Road, Ashperton, Ledbury, Herefordshire, HR8 2RY	£279,950	£275,000	-£4,950	03 Apr 2023	23 Feb 2024	326 Days
Orchard End, Fairfields Road, Ledbury, Herefordshire, HR8 2EH	£420,000	£420,000	£00	20 Sep 2023	05 Feb 2024	138 Days
44 Queens Court, Ledbury, Herefordshire, HR8 2AL	£159,950	£159,950	£00	12 Jun 2023	25 Jan 2024	227 Days
60 The Homend, Ledbury, Herefordshire, HR8 1BT	£199,950	£185,000	-£14,950	25 Jul 2023	04 Jan 2024	163 Days
6 Elgar Close, Ledbury, Herefordshire, HR8 2DF	£215,000	£205,000	-£10,000	23 May 2023	20 Dec 2023	211 Days
5 Woodfield Road, Ledbury, Herefordshire, HR8 2XJ	£299,950	£298,000	-£1,950	07 Sep 2023	15 Dec 2023	99 Days
Oakwood, Horse Road, Wellington Heath, Ledbury, Herefordshire, HR8 1LP	£525,000	£520,000	-£5,000	09 Jun 2023	01 Dec 2023	175 Days
31 Bridge Street, Ledbury, Herefordshire, HR8 2AH	£210,000	£200,000	-£10,000	18 Jul 2023	01 Dec 2023	136 Days
60 Browning Road, Ledbury, Herefordshire, HR8 2FT	£280,000	£268,500	-£11,500	28 Jun 2023	22 Nov 2023	147 Days
46 Oakland Drive, Ledbury, Herefordshire, HR8 2ET	£265,000	£254,000	-£11,000	16 Aug 2023	17 Nov 2023	93 Days
Allington, New Street, Ledbury, Herefordshire, HR8 2EL	£399,995	£372,000	-£27,995	24 Jul 2023	26 Oct 2023	94 Days
Rowan, Little Marcle Road, Ledbury, Herefordshire, HR8 2DS	£289,950	£287,500	-£2,450	05 May 2023	26 Oct 2023	174 Days
1 Victoria Road, Ledbury, Herefordshire, HR8 2DD	£250,000	£237,500	-£12,500	07 Jun 2023	20 Oct 2023	135 Days

Most Expensive Streets in HR8 (Ledbury)

Postcode	Street	Area	Average	No. of Sales
HR8 1JU	Pow Green, Bosbury	Ledbury	£660,000	5
HR8 1HD	Bosbury	Ledbury	£632,303	4
HR8 1AE	Bank Crescent	Ledbury	£625,333	3
HR8 1PP	Horse Lane Orchard	Ledbury	£623,125	8
HR8 1AN	Knapp Lane	Ledbury	£604,285	7
HR8 1QD	Bosbury	Ledbury	£592,125	8
HR8 2EE	New Street	Ledbury	£590,450	5
HR8 1JA	Worcester Road	Ledbury	£580,250	4
HR8 1LS	Horse Road, Wellington Heath	Ledbury	£560,250	8
HR8 2PZ	Hereford Road	Ledbury	£553,333	3

Least Expensive Streets in HR8 (Ledbury)

Postcode	Street	Area	Average	No. of Sales
HR8 1BS	The Homend	Ledbury	£99,333	9
HR8 2DX	Born Court, New Street, Ledbury	Ledbury	£109,690	21
HR8 2XS	Furlong Court, Bramley Close	Ledbury	£118,409	11
HR8 1BY	Leadon Bank, Orchard Lane	Ledbury	£147,695	12
HR8 2AL	Queens Court	Ledbury	£150,263	15
HR8 2GR	Herrick Vale	Ledbury	£153,081	3
HR8 2HE	Bethell Court, New Street, Ledbury	Ledbury	£164,650	3
HR8 2PP	Northdown Close	Ledbury	£166,833	3
HR8 2XR	Russet Close	Ledbury	£176,084	7
HR8 2AF	Belle Orchard Close	Ledbury	£180,000	3