Property Prices on Southbank Close, HR1 - Full Market Breakdown

Learn more about Southbank Close in Hereford, including how it stacks up against the local area and the wider Hereford region.

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Associated Postcodes:

HR1 2TQ

What’s the proper cost of properties on Southbank Close?

Estimated Property Value
£1,010,305
7.5/10
5.2%
2,763 sq/ft
Select a property type to see average size for this road
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Nearby Streets
See how Leaf Lane stacks up against the next few roads
£735,000
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This District
£690,000
🏙️
All of Coventry
View the city-wide average
£485,000
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Select a comparison above to see how Leaf Lane performs

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House Prices   >   Hereford  >   HR1  >  Southbank Close

Price Trends Along the Road

How Prices Are Changing on Southbank Close

  • On Southbank Close, 3 homes have been sold since 2021, fetching an average of £417,800 each. These properties measure 1,178 square feet typically, giving £335 per square foot.
  • Sales activity on the well-positioned Southbank Close shows prices stretching from £224,000 to £620,000, with square foot costs covering £293 to £383.
  • July 2022 denotes the last property transfer on Southbank Close.
Local Market Showdown

Southbank Close Real Estate vs Surrounding Areas

By Sector

HR1 2

The HR1 2 sector trims about 50% off your house price compared to Southbank Close. (£210,300 vs £417,800) Given this gap, a similar property in the sector outside Southbank Close could cost £207,500 less than one on Southbank Close.

By District

i.e. HR1

Southbank Close homes are 35% more expensive than their equivalents in the HR1 district on average. (£417,800 vs £272,700). When balancing costs, selecting Southbank Close over HR1 may result in a premium of £145,100.

By City or Town

i.e. Hereford

The average cost of buying in Hereford is 38% lower than on Southbank Close. (£260,000 vs £417,800). If keeping costs in check, opting for another part of Hereford might just save you £157,400 outright.

Street Perks and Particulars

Handy Useful Facts for Southbank Close

  • This road includes exactly 34 properties, all located within the bounds of a single postcode.
  • All homes on Southbank Close are pre-existing, with no new-builds present.
  • Today, the average energy efficiency across Southbank Close is rated at 67 (D), with room to grow to 80 (C).
  • On Southbank Close, homes are sized at around 1,178 square feet – making them 8% roomier than the average across Hereford.
  • Buyers circulate more quickly here, with turnover occurring in 29 months, beating the 9.08 months local average.
Tips for Local Buyers

Unpacking the Market in Hereford, One Street at a Time

Hoping to purchase or invest in Hereford? Check out our articles on top roads, housing trends, and market advice to secure a winning deal.
Additionally, our House Prices in Hereford page is the best place to track annual trends alongside type-based comparisons.
Top Picks for Exploration

Unpacking HR1: Insights & Info

HR1 often flies under the radar, but for those paying close attention, there’s a fair bit to unpack – this section aims to bring those subtleties to the surface.
416
No. of Roads
3,941
No. of Transactions
£300K
Avg. Property Price
1,173
per sq/ft
Avg. Property Size
£255
per sq/ft
Avg. Cost Per Sq/Ft
More Paths to Discover

Surrounding Streets to Consider

HR1 Roads with Similar Prices

Roads Near Southbank Close

Southbank Close, HR1, Hereford

Data You Can Believe In

Instead of vague approximations, we deliver finely tuned pricing that’s shaped by real-world property data. Every line is filtered with unusual care. Walk through our system

  1. Herefordshire Council
  2. UK Government EPC Register (Southbank Close Hereford)
  3. FindThatPostcode.uk HR1 2TQ
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