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Hay-on-Wye market report HR3 5, Hereford
The standing HR3 5 (Hay-on-Wye) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 2,197 sales registered with HM Land Registry in HR3 5 (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 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in HR3 5 (Hereford) sold for £330,000 in 2026, the median of 25 registered sales, up 5% on five years earlier. The mean was £370,700, and by floor area homes here have averaged about £3,330 per square metre over the last five years. The figures cover 2,197 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
HR3 5 is one sector of HR3 (Hereford): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where HR3 5 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.
HR3 5 sold prices: where the market stands
The 2026 median for HR3 5 is £330,000, taken from 25 registered sales. The mean, which is what most sites call the "average house price", is £370,700, a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in HR3 5
By floor space, homes in HR3 5 have sold for about £3,330 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
Against a national (England and Wales) median of £285,000, HR3 5 runs 16% above it.
A typical HR3 5 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £330,000 | £330,000 | 25 |
| 2025 | £307,500 | £314,853 | 52 |
| 2024 | £340,000 | £361,490 | 65 |
| 2023 | £345,000 | £379,071 | 55 |
| 2022 | £340,000 | £398,689 | 61 |
| 2021 | £315,000 | £398,831 | 94 |
| 2020 | £265,000 | £343,843 | 56 |
| 2019 | £230,000 | £301,475 | 85 |
| 2018 | £240,000 | £319,925 | 110 |
| 2017 | £235,000 | £320,516 | 77 |
| 2016 | £246,000 | £344,156 | 60 |
| 2015 | £257,800 | £364,271 | 66 |
| 2014 | £245,000 | £347,575 | 74 |
| 2013 | £217,500 | £312,961 | 54 |
| 2012 | £250,000 | £367,969 | 46 |
| 2011 | £240,000 | £362,308 | 65 |
| 2010 | £250,000 | £392,064 | 73 |
| 2009 | £195,000 | £313,464 | 70 |
| 2008 | £250,000 | £409,803 | 27 |
| 2007 | £241,000 | £408,803 | 66 |
| 2006 | £205,000 | £355,854 | 74 |
| 2005 | £190,000 | £338,123 | 84 |
| 2004 | £193,500 | £351,434 | 102 |
| 2003 | £175,000 | £322,392 | 103 |
| 2002 | £140,000 | £263,409 | 85 |
| 2001 | £114,500 | £220,120 | 86 |
| 2000 | £95,800 | £188,008 | 72 |
| 1999 | £85,000 | £169,401 | 76 |
| 1998 | £75,000 | £151,393 | 71 |
| 1997 | £60,000 | £123,048 | 73 |
| 1996 | £59,000 | £124,428 | 43 |
| 1995 | £59,500 | £129,344 | 47 |
In cash terms the typical HR3 5 home went from £59,500 in 1995 to £330,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 155%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2008, and today's median remains roughly 19% under it: a 2008 buyer is still waiting to get that price back in today's money.
Year-on-year change in the HR3 5 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 2010 (+28.2% on the year before); the weakest, 2009 (−22.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What HR3 5 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +7.3% | +4.8% |
| 5 years (since 2021) | +0.9% | −3.7% |
| 10 years (since 2016) | +3.0% | −0.4% |
| 20 years (since 2006) | +2.4% | −0.4% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Sales activity in HR3 5
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 25 sales completed in HR3 5. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 84 sales a year before the financial crisis and 52 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.
Rents around HR3 5
The local authority for HR3 5 is Powys, and its ONS average private rent currently stands at £620 a month (May 2026 figures). The spread runs from £461 a month for a typical one-bed to £951 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Powys
ONS Price Index of Private Rents, May 2026.
Set against the £330,000 median sold price, £620 a month is £7,440 a year, a gross yield of 2.3%: 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.
Reading the HR3 5 market
Only 25 sales completed here in the last twelve months of data, which makes HR3 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Within HR3, this sector trades 14% below the district median: one of its district's cheaper corners.
What people ask about HR3 5 (Hay-on-Wye)
Are property prices falling in HR3 5 (Hay-on-Wye)?
Is HR3 5 (Hay-on-Wye) a good place to buy a house?
How much did a house sell for in HR3 5 (Hay-on-Wye)?
Are HR3 5 prices heading up or down?
No honest page predicts prices, so this one sticks to the record: the median is up 5% over five years in cash but down 17% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What you could buy in HR3 now
The live side of the market holds 20 homes at the moment, listed by 2 agents publishing to HomesIndex.
These cover the whole HR3 district, not just HR3 5: live asking prices are collected per district.
20% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
- Winforton, Hereford, Herefordshire,
- Heol-y-Dwr, Hay-on-Wye, Hereford, Powys
- Birch Close, Hay-on-Wye, Hereford, Powys
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every HR3 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in HR
The Land Registry record, split by size: what each kind of home actually sold for across the HR area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £295,000 | £390,000 (+32%) | £585,000 (+50%) | £730,000 (+25%) |
| Semi-detached | £203,500 | £240,000 (+18%) | £286,000 (+19%) | £355,000 (+24%) | £530,000 (+49%) |
| Terraced | £175,000 | £210,000 (+20%) | £245,000 (+17%) | £317,000 (+29%) | — |
| Flat | £112,250 | £163,000 (+45%) | £262,000 (+61%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the HR area is the point: the same five years treated these districts very differently.
Winners and losers across the HR area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in HR3
Sector boundaries hide real price steps. The rest of HR3, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| HR3 6 | £439,000 | 22 |
Zoom out to the full HR3 district report for the type split, monthly volumes and how HR3 compares with its neighbours.
Before you sell in HR3 5: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in HR3 5, use the average prices map for a rough value: zoom from HR3 5's shading down to the sold homes on your own street. The figures above are every recorded HR3 5 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim HR3 5.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to HR3 5. Free after a one click sign in.
The live map plots every individual HR3 5 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.