Every figure on this page comes from the public record: 3,818 sales registered with HM Land Registry in HR3 (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.
HR3 is the postcode district covering Hay-on-Wye in Hereford. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where HR3 sits
Click the map to open HR3 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.
£387,500median sold price, 2026
+13%five-year change (cash)
87sales in the last 12 months
2.5%gross rental yield (est.)
What a home in HR3 sells for
The 2026 median in HR3 is £387,500, from 29 registered sales; the mean, £416,400, 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 HR3 trades 41% above the country as a whole.
The price of a typical HR3 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)
See this chart as a table
Year
Median (cash)
Median (today's £)
Sales
2026
£387,500
£387,500
29
2025
£328,800
£328,800
102
2024
£372,500
£386,795
126
2023
£375,000
£402,411
115
2022
£377,500
£432,324
142
2021
£342,500
£423,522
183
2020
£290,000
£367,493
128
2019
£257,500
£329,638
146
2018
£250,000
£325,472
211
2017
£283,000
£376,969
167
2016
£269,000
£367,545
119
2015
£265,000
£365,700
112
2014
£250,000
£346,386
118
2013
£244,000
£342,892
84
2012
£250,000
£359,375
71
2011
£245,000
£361,218
93
2010
£263,500
£403,585
110
2009
£203,000
£318,703
113
2008
£250,000
£400,232
48
2007
£250,000
£414,166
115
2006
£235,000
£398,403
133
2005
£205,000
£356,297
119
2004
£200,000
£354,756
146
2003
£188,500
£339,153
162
2002
£160,000
£294,008
151
2001
£120,000
£225,306
131
2000
£110,000
£210,833
123
1999
£90,000
£175,176
139
1998
£80,000
£157,714
109
1997
£65,000
£130,189
111
1996
£68,500
£141,090
83
1995
£70,000
£148,615
79
In cash terms the typical HR3 home went from £70,000 in 1995 to £387,500 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 161%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 10% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the HR3 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 (+33.3% on the year before); the weakest, 2009 (−18.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
Period
Cash, per year
Real terms, per year
1 years (since 2025)
+17.9%
+17.9%
5 years (since 2021)
+2.5%
−1.8%
10 years (since 2016)
+3.7%
+0.5%
20 years (since 2006)
+2.5%
−0.1%
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.
The last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
HR3 recorded 87 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 135 sales a year before the financial crisis and 103 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 HR3
HR3 falls under Herefordshire, County of, 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.
Set against the £387,500 median sold price, £809 a month is £9,708 a year, a gross yield of 2.5%: 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 HR3 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 13% over five years in cash but down 9% 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
HR3 ranks 2 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 biggest risers and fallers in cash terms; every row links to that district's report.
Inside HR3, street group by street group
Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.
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.