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Hereford market report HR1
The HR1 (Hereford) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 17,177 HM Land Registry entries for HR1 (Hereford), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to August 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh. Page updated 19 October 2026.
In short: a typical HR1 (Hereford) home changed hands for £301,500 in 2026 (median of 230 registered sales, up 8% on five years earlier), with the mean at £326,800, and by floor area homes here have averaged about £3,170 per square metre over the last five years. Source: 17,177 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
HR1 is a postcode district covering Hereford (east) in Hereford. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where HR1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What a home in HR1 sells for
Take the 230 registered 2026 sales in HR1 and the middle price, the median, is £301,500. The mean lands at £326,800, a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in HR1
Measured by floor area, the last five years of HR1 sales average about £3,170 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
England and Wales as a whole trade at a £285,000 median, leaving HR1 6% above the national figure.
HR1's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £301,500 | £301,500 | 230 |
| 2025 | £310,000 | £317,413 | 461 |
| 2024 | £310,000 | £329,594 | 475 |
| 2023 | £297,000 | £326,330 | 441 |
| 2022 | £291,700 | £342,052 | 503 |
| 2021 | £280,000 | £354,516 | 652 |
| 2020 | £265,000 | £343,843 | 491 |
| 2019 | £250,000 | £327,690 | 538 |
| 2018 | £250,000 | £333,255 | 616 |
| 2017 | £235,000 | £320,516 | 545 |
| 2016 | £220,000 | £307,782 | 544 |
| 2015 | £215,000 | £303,795 | 534 |
| 2014 | £200,000 | £283,735 | 547 |
| 2013 | £195,000 | £280,586 | 459 |
| 2012 | £193,000 | £284,072 | 458 |
| 2011 | £195,000 | £294,375 | 426 |
| 2010 | £200,000 | £313,651 | 345 |
| 2009 | £182,000 | £292,567 | 449 |
| 2008 | £199,500 | £327,023 | 366 |
| 2007 | £215,000 | £364,700 | 638 |
| 2006 | £190,000 | £329,816 | 688 |
| 2005 | £180,000 | £320,327 | 554 |
| 2004 | £170,000 | £308,753 | 629 |
| 2003 | £147,800 | £272,283 | 628 |
| 2002 | £125,900 | £236,880 | 686 |
| 2001 | £105,500 | £202,818 | 675 |
| 2000 | £92,000 | £180,550 | 532 |
| 1999 | £85,000 | £169,401 | 660 |
| 1998 | £75,000 | £151,393 | 687 |
| 1997 | £70,000 | £143,556 | 626 |
| 1996 | £65,000 | £137,082 | 619 |
| 1995 | £63,500 | £138,039 | 475 |
In cash terms the typical HR1 home went from £63,500 in 1995 to £301,500 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 118%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2007, and today's median remains roughly 17% under it: a 2007 buyer is still waiting to get that price back in today's money.
Year-on-year change in the HR1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+19.3% on the year before); the weakest, 2009 (−8.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 42% of the typed total. A detached home currently trades at £411,200 against £144,500 for a flat, 2.8 times the price.
Median by property type, HR1
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £411,200 | 90 | 7,142 |
| Semi-detached | £301,500 | 58 | 4,803 |
| Terraced | £230,000 | 63 | 3,469 |
| Flats | £144,500 | 19 | 1,763 |
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | −2.7% | −5.0% |
| 5 years (since 2021) | +1.5% | −3.2% |
| 6 years (since 2020) | +2.2% | −2.2% |
| 10 years (since 2016) | +3.2% | −0.2% |
| 20 years (since 2006) | +2.3% | −0.4% |
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.
How many homes change hands in HR1
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The last five years, month by month
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
Over the last twelve months of data, 394 sales completed in HR1. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 629 sales a year before the financial crisis and 422 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What tenants pay around HR1
For renting purposes HR1 sits in Herefordshire, County of. The ONS average private rent there is £809 a month (May 2026). The spread runs from £587 a month for a typical one-bed to £1,326 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Herefordshire, County of
ONS Price Index of Private Rents, May 2026.
Against the £301,500 median purchase price, a rent of £809 a month (£9,708 a year) works out at a 3.2% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
What people ask about HR1 (Hereford)
Is HR1 (Hereford) a good place to buy a house?
How much did a house sell for in HR1 (Hereford)?
Are property prices falling in HR1 (Hereford)?
Will HR1 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 8% over five years in cash but down 15% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
On the market in HR1 today
Everything above is what homes in HR1 sold for. The live side of the market holds 75 homes at the moment, listed by 5 agents publishing to HomesIndex, at a typical asking price 2% below the HR1 median sold price.
Set against 394 registered sales in the last twelve months, the 75 homes on the market here are roughly 2 months of supply at last year's pace, and more in reality, since only agents who publish to HomesIndex are counted.
18% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
- Kingsway, College Estate, Hereford, Herefordshire
- Withington, Hereford, Herefordshire
- Kingsway, Hereford, Herefordshire
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every HR1 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Month by month: when HR1 sells
Across the 2,532 sales completed in HR1 from 2021 to 2025, June was the busiest month for completions (10.8% of the total) and April the quietest (6.4%). That is a marked seasonal rhythm. A sale completes weeks after it is agreed, so the busy month reflects deals struck earlier in the year; a seller who wants competition should be on the market ahead of it.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 180 | 7.1% |
| February | 190 | 7.5% |
| March | 263 | 10.4% |
| April | 161 | 6.4% |
| May | 177 | 7.0% |
| June | 274 | 10.8% |
| July | 186 | 7.3% |
| August | 230 | 9.1% |
| September | 233 | 9.2% |
| October | 208 | 8.2% |
| November | 211 | 8.3% |
| December | 219 | 8.6% |
Bedroom by bedroom: HR prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the HR area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | £270,000 | £299,997 (+11%) | £340,000 (+13%) | £425,000 (+25%) | £565,000 (+33%) |
| Semi-detached | £189,475 | £225,000 (+19%) | £265,000 (+18%) | £317,000 (+20%) | £386,000 (+22%) |
| Terraced | £160,000 | £190,000 (+19%) | £220,000 (+16%) | £260,000 (+18%) | £300,000 (+15%) |
| Flat | £105,000 | £143,000 (+36%) | £185,000 (+29%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
HR1 ranks 6 of 9 in the HR area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Five-year change in the median, HR area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside HR1, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
How HR1 compares nearby
Same city, different markets. The neighbouring districts of the HR area, dearest first:
| District | Median | 5-year |
|---|---|---|
| HR3 | £385,000 | +17% |
| HR9 | £325,000 | +0% |
| HR8 | £314,000 | +8% |
| HR1 (this report) | £301,500 | +8% |
| HR7 | £300,000 | +13% |
| HR4 | £268,000 | +8% |
| HR6 | £264,500 | +6% |
| HR2 | £257,500 | +12% |
| HR5 | £222,000 | +1% |
Before you sell in HR1: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in HR1, use the average prices map for a rough value: zoom from HR1's shading down to the sold homes on your own street. The figures above are every recorded HR1 sale; agents price with this same Land Registry record, and now you have it too.
Dig further
Behind the answers sits the same Land Registry record as this page, with HR1 already set as the subject. Free, one click sign in.
Two maps carry on from here: every HR1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices 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.