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Hay-on-Wye market report HR3, Hereford
The standing HR3 (Hay-on-Wye) property market report, rebuilt from the full public record every month. Everything below comes from 3,531 sales recorded by HM Land Registry in HR3 (Hereford) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical HR3 (Hereford) home changed hands for £385,000 in 2026 (median of 47 registered sales, up 17% on five years earlier), with the mean at £418,000, and by floor area homes here have averaged about £3,320 per square metre over the last five years. Source: 3,531 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
HR3 is a postcode district covering Hay-on-Wye 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 HR3 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.
Today's HR3 prices, from the sold record
In the HR3 property market, the 2026 median sale price is £385,000, from 47 registered sales; the mean, the "average house price" most sites quote, is £418,000, sitting a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in HR3
Per square metre, HR3 homes have averaged around £3,320 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
For scale: the England and Wales median is £285,000, so HR3 trades 35% above the country as a whole.
A typical HR3 home, priced year by year (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.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £385,000 | £385,000 | 47 |
| 2025 | £330,000 | £337,891 | 89 |
| 2024 | £360,000 | £382,754 | 99 |
| 2023 | £369,100 | £405,551 | 89 |
| 2022 | £370,000 | £433,867 | 107 |
| 2021 | £330,000 | £417,823 | 147 |
| 2020 | £290,000 | £376,281 | 97 |
| 2019 | £252,500 | £330,967 | 117 |
| 2018 | £245,000 | £326,590 | 167 |
| 2017 | £283,000 | £385,984 | 127 |
| 2016 | £263,500 | £368,639 | 102 |
| 2015 | £265,000 | £374,445 | 106 |
| 2014 | £250,000 | £354,669 | 117 |
| 2013 | £244,000 | £351,092 | 84 |
| 2012 | £250,000 | £367,969 | 71 |
| 2011 | £245,000 | £369,856 | 93 |
| 2010 | £263,500 | £413,236 | 110 |
| 2009 | £203,000 | £326,324 | 113 |
| 2008 | £250,000 | £409,803 | 48 |
| 2007 | £250,000 | £424,070 | 115 |
| 2006 | £235,000 | £407,930 | 133 |
| 2005 | £205,000 | £364,817 | 119 |
| 2004 | £200,000 | £363,239 | 146 |
| 2003 | £188,500 | £347,263 | 162 |
| 2002 | £160,000 | £301,039 | 151 |
| 2001 | £120,000 | £230,694 | 131 |
| 2000 | £110,000 | £215,875 | 123 |
| 1999 | £90,000 | £179,365 | 139 |
| 1998 | £80,000 | £161,486 | 109 |
| 1997 | £65,000 | £133,302 | 111 |
| 1996 | £68,500 | £144,463 | 83 |
| 1995 | £70,000 | £152,169 | 79 |
In cash terms the typical HR3 home went from £70,000 in 1995 to £385,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 153%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 11% below it, so a peak-time purchase has yet to recover its real value.
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 59% of the typed total. In 2024, the last year both were recorded here, a detached home traded at £422,500 against £170,000 for a flat, 2.5 times the price.
Median by property type, HR3
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 | £435,000 | 33 | 2,043 |
| Semi-detached | £275,000 | 7 | 663 |
| Terraced | £263,200 | 6 | 759 |
| Flats | £170,000 (2024) | – | 18 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +16.7% | +13.9% |
| 5 years (since 2021) | +3.1% | −1.6% |
| 10 years (since 2016) | +3.9% | +0.4% |
| 20 years (since 2006) | +2.5% | −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.
Sales activity in HR3
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The monthly pulse, last five years
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
The register shows 81 HR3 sales across the most recent 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 86 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What tenants pay around HR3
The local authority for HR3 is Herefordshire, County of, and its ONS average private rent currently stands 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.
£809 a month is £9,708 a year, which against the £385,000 median sold price makes a gross yield of 2.5%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Reading the HR3 market
This is a thin market: 81 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. HR3 is currently the dearest district of its postcode area by median price.
What people ask about HR3 (Hay-on-Wye)
Are property prices falling in HR3 (Hay-on-Wye)?
Is HR3 (Hay-on-Wye) a good place to buy a house?
How much did a house sell for in HR3 (Hay-on-Wye)?
What happens to HR3 prices now?
Prediction is not this page's business. Its business is the record, which says: the median is up 17% over five years in cash but down 8% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What you could buy in HR3 now
Everything above is what homes in HR3 sold for. Turning to what is actually available: 20 homes on the market right now, from 2 agents publishing to HomesIndex, at a typical asking price 10% below the HR3 median sold price.
Of everything listed here, 20% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
- Winforton, Hereford, Herefordshire,
- Heol-y-Dwr, Hay-on-Wye, Hereford, Powys
- Birch Close, Hay-on-Wye, Hereford, Powys
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
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.
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. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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%) | — | — |
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. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
HR3 ranks 1 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.
HR area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside HR3, 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.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| HR3 5 | £330,000 | 25 |
| HR3 6 | £439,000 | 22 |
How HR3 compares nearby
Same city, different markets. The neighbouring districts of the HR area, dearest first:
| District | Median | 5-year |
|---|---|---|
| HR3 (this report) | £385,000 | +17% |
| HR9 | £322,500 | -1% |
| HR8 | £320,000 | +10% |
| HR1 | £305,000 | +9% |
| HR7 | £298,500 | +13% |
| HR4 | £270,000 | +9% |
| HR6 | £267,500 | +7% |
| HR2 | £253,200 | +10% |
| HR5 | £222,000 | +1% |
Thinking of selling in HR3? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in HR3, open the average prices map and zoom from the HR3 shading down to the sold homes on your own street. Every recorded HR3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working HR3: the featured spot on this report is free for founding agents, one per district. Claim HR3.
Take it further
Behind the answers sits the same Land Registry record as this page, with HR3 already set as the subject. Free, one click sign in.
See every individual HR3 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.