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HR local market report Hereford

Every figure on this page comes from the public record: 98,164 sales registered with HM Land Registry in the HR postcode area (Hereford) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

HR is the postcode area centred on Hereford, taking in 9 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where HR sits

Click the map to open HR on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

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£280,000median sold price, 2026
+4%five-year change (cash)
2,292sales in the last 12 months
3.5%gross rental yield (est.)

What a home in HR sells for

The 2026 median in HR is £280,000, from 639 registered sales; the mean, £318,600, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so HR trades 2% above the country as a whole.

The price of a typical HR home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £56,000 at the time · £118,892 in today's money · 2,388 sales1996: £57,000 at the time · £117,403 in today's money · 3,078 sales1997: £60,000 at the time · £120,174 in today's money · 3,365 sales1998: £67,000 at the time · £132,086 in today's money · 3,470 sales1999: £75,000 at the time · £145,980 in today's money · 4,061 sales2000: £82,500 at the time · £158,125 in today's money · 3,716 sales2001: £90,400 at the time · £169,731 in today's money · 4,159 sales2002: £115,000 at the time · £211,318 in today's money · 4,142 sales2003: £136,000 at the time · £244,694 in today's money · 3,788 sales2004: £160,000 at the time · £283,805 in today's money · 3,505 sales2005: £166,200 at the time · £288,861 in today's money · 3,096 sales2006: £176,000 at the time · £298,378 in today's money · 3,888 sales2007: £185,000 at the time · £306,483 in today's money · 3,718 sales2008: £185,000 at the time · £296,172 in today's money · 1,789 sales2009: £171,000 at the time · £268,464 in today's money · 2,133 sales2010: £187,000 at the time · £286,415 in today's money · 2,041 sales2011: £178,000 at the time · £262,436 in today's money · 2,043 sales2012: £180,000 at the time · £258,750 in today's money · 2,128 sales2013: £180,000 at the time · £252,953 in today's money · 2,352 sales2014: £187,500 at the time · £259,789 in today's money · 2,923 sales2015: £200,000 at the time · £276,000 in today's money · 2,894 sales2016: £200,000 at the time · £273,267 in today's money · 3,220 sales2017: £217,000 at the time · £289,054 in today's money · 3,443 sales2018: £230,000 at the time · £299,434 in today's money · 3,388 sales2019: £230,000 at the time · £294,434 in today's money · 3,404 sales2020: £253,600 at the time · £321,366 in today's money · 2,984 sales2021: £270,000 at the time · £333,871 in today's money · 4,464 sales2022: £285,000 at the time · £326,390 in today's money · 3,332 sales2023: £285,000 at the time · £305,832 in today's money · 2,704 sales2024: £297,800 at the time · £309,228 in today's money · 3,008 sales2025: £285,000 at the time · £285,000 in today's money · 2,901 sales2026: £280,000 at the time · £280,000 in today's money · 639 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£280,000£280,000639
2025£285,000£285,0002,901
2024£297,800£309,2283,008
2023£285,000£305,8322,704
2022£285,000£326,3903,332
2021£270,000£333,8714,464
2020£253,600£321,3662,984
2019£230,000£294,4343,404
2018£230,000£299,4343,388
2017£217,000£289,0543,443
2016£200,000£273,2673,220
2015£200,000£276,0002,894
2014£187,500£259,7892,923
2013£180,000£252,9532,352
2012£180,000£258,7502,128
2011£178,000£262,4362,043
2010£187,000£286,4152,041
2009£171,000£268,4642,133
2008£185,000£296,1721,789
2007£185,000£306,4833,718
2006£176,000£298,3783,888
2005£166,200£288,8613,096
2004£160,000£283,8053,505
2003£136,000£244,6943,788
2002£115,000£211,3184,142
2001£90,400£169,7314,159
2000£82,500£158,1253,716
1999£75,000£145,9804,061
1998£67,000£132,0863,470
1997£60,000£120,1743,365
1996£57,000£117,4033,078
1995£56,000£118,8922,388

In cash terms the typical HR home went from £56,000 in 1995 to £280,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 136%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 16% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

Year-on-year change in the HR median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +1.8% on the year before1997 · +5.3% on the year before1998 · +11.7% on the year before1999 · +11.9% on the year before2000 · +10.0% on the year before2001 · +9.6% on the year before2002 · +27.2% on the year before2003 · +18.3% on the year before2004 · +17.6% on the year before2005 · +3.9% on the year before2006 · +5.9% on the year before2007 · +5.1% on the year before2008 · +0.0% on the year before2009 · −7.6% on the year before2010 · +9.4% on the year before2011 · −4.8% on the year before2012 · +1.1% on the year before2013 · +0.0% on the year before2014 · +4.2% on the year before2015 · +6.7% on the year before2016 · +0.0% on the year before2017 · +8.5% on the year before2018 · +6.0% on the year before2019 · +0.0% on the year before2020 · +10.3% on the year before2021 · +6.5% on the year before2022 · +5.6% on the year before2023 · +0.0% on the year before2024 · +4.5% on the year before2025 · −4.3% on the year before2026 · −1.8% on the year before200020052010201520202026

The strongest year on record here is 2002 (+27.2% on the year before); the weakest, 2009 (−7.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−1.8%−1.8%
5 years (since 2021)+0.7%−3.5%
10 years (since 2016)+3.4%+0.2%
20 years (since 2006)+2.3%−0.3%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

2,5005,000 1995: 2,388 sales1996: 3,078 sales1997: 3,365 sales1998: 3,470 sales1999: 4,061 sales2000: 3,716 sales2001: 4,159 sales2002: 4,142 sales2003: 3,788 sales2004: 3,505 sales2005: 3,096 sales2006: 3,888 sales2007: 3,718 sales2008: 1,789 sales2009: 2,133 sales2010: 2,041 sales2011: 2,043 sales2012: 2,128 sales2013: 2,352 sales2014: 2,923 sales2015: 2,894 sales2016: 3,220 sales2017: 3,443 sales2018: 3,388 sales2019: 3,404 sales2020: 2,984 sales2021: 4,464 sales2022: 3,332 sales2023: 2,704 sales2024: 3,008 sales2025: 2,901 sales2026: 639 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

5001,000 June 2021 · 654 sales registeredJuly 2021 · 250 sales registeredAugust 2021 · 326 sales registeredSeptember 2021 · 563 sales registeredOctober 2021 · 222 sales registeredNovember 2021 · 286 sales registeredDecember 2021 · 328 sales registeredJanuary 2022 · 230 sales registeredFebruary 2022 · 222 sales registeredMarch 2022 · 293 sales registeredApril 2022 · 245 sales registeredMay 2022 · 286 sales registeredJune 2022 · 254 sales registeredJuly 2022 · 261 sales registeredAugust 2022 · 300 sales registeredSeptember 2022 · 310 sales registeredOctober 2022 · 317 sales registeredNovember 2022 · 339 sales registeredDecember 2022 · 275 sales registeredJanuary 2023 · 208 sales registeredFebruary 2023 · 205 sales registeredMarch 2023 · 249 sales registeredApril 2023 · 205 sales registeredMay 2023 · 207 sales registeredJune 2023 · 243 sales registeredJuly 2023 · 224 sales registeredAugust 2023 · 272 sales registeredSeptember 2023 · 213 sales registeredOctober 2023 · 232 sales registeredNovember 2023 · 232 sales registeredDecember 2023 · 214 sales registeredJanuary 2024 · 173 sales registeredFebruary 2024 · 184 sales registeredMarch 2024 · 237 sales registeredApril 2024 · 210 sales registeredMay 2024 · 262 sales registeredJune 2024 · 284 sales registeredJuly 2024 · 264 sales registeredAugust 2024 · 290 sales registeredSeptember 2024 · 256 sales registeredOctober 2024 · 331 sales registeredNovember 2024 · 269 sales registeredDecember 2024 · 248 sales registeredJanuary 2025 · 203 sales registeredFebruary 2025 · 248 sales registeredMarch 2025 · 429 sales registeredApril 2025 · 137 sales registeredMay 2025 · 231 sales registeredJune 2025 · 255 sales registeredJuly 2025 · 264 sales registeredAugust 2025 · 257 sales registeredSeptember 2025 · 224 sales registeredOctober 2025 · 234 sales registeredNovember 2025 · 216 sales registeredDecember 2025 · 203 sales registeredJanuary 2026 · 129 sales registeredFebruary 2026 · 166 sales registeredMarch 2026 · 150 sales registeredApril 2026 · 127 sales registeredMay 2026 · 67 sales registered

HR recorded 2,292 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 3,752 sales a year before the financial crisis and 2,517 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around HR

HR falls under Herefordshire, County of, the local authority covering most of the HR area, where the ONS puts the average private rent at £809 a month (May 2026 figures). A one-bed averages £587 a month here and a four-or-more-bed £1,326, so size does most of the work in setting the rent.

Average monthly rent by size, Herefordshire, County of

ONS Price Index of Private Rents, May 2026.

1 bed: £587 a month£5871 bed2 bed: £762 a month£7622 bed3 bed: £940 a month£9403 bed4+ bed: £1,326 a month£1,3264+ bed

Set against the £280,000 median sold price, £809 a month is £9,708 a year, a gross yield of 3.5%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will HR prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 4% over five years in cash but down 16% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

The spread across the HR area is the point: the same five years treated these districts very differently.

Five-year change in the median, HR area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

HR8HR8 · +16% over five years · median £315,000+16%HR3HR3 · +13% over five years · median £387,500+13%HR1HR1 · +8% over five years · median £297,500+8%HR2HR2 · +8% over five years · median £253,800+8%HR6HR6 · +5% over five years · median £267,500+5%HR6HR6 · +5% over five years · median £267,500+5%HR7HR7 · +5% over five years · median £277,500+5%HR4HR4 · +3% over five years · median £258,000+3%HR9HR9 · −2% over five years · median £320,000−2%HR5HR5 · −4% over five years · median £197,500−4%

District by district

The area medians above hide a lot. Here is every HR district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
HR3 Hay-on-Wye£387,500+13%29
HR9 Ross-on-Wye, Gorsley£320,000-2%76
HR8 Ledbury, Bosbury£315,000+16%65
HR1 Hereford (east)£297,500+8%138
HR7 Bromyard, Edwyn Ralph£277,500+5%20
HR6 Leominster£267,500+5%64
HR4 Hereford (west)£258,000+3%118
HR2 Hereford (south)£253,800+8%117
HR5 Kington, Lyonshall£197,500-4%12

Dig further

See every individual HR sale on the live map, mapped to the exact address, or the quick-reference HR price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.