House Prices > Hereford > HR4
Year | Average Price | Transactions |
---|---|---|
2025 (proj.) | £315,700 | 614 |
2024 | £304,200 | 476 |
2023 | £289,800 | 470 |
2022 | £301,000 | 655 |
2021 | £283,200 | 839 |
2020 | £257,700 | 556 |
2019 | £251,800 | 703 |
2018 | £244,900 | 597 |
Try picturing HR4 as a patch of beautiful, rolling Herefordshire landscape, where property prices have made their own gentle climb, year by year. Since 2018, growth in average sale prices has felt less like a sprint and more like a thoughtful countryside ramble—measured, but always moving forward. By 2024, prices have reached heights that might have seemed a distant dream for residents just a few years prior. Even so, it’s clear the region isn’t immune to the occasional wobble, with values dipping slightly before gathering fresh momentum.
What stands out is the almost rhythmic ebb and flow of home sales. One year, transactions are thick on the ground—almost as lively as folks gathering in the Butter Market on a Saturday morning. The next, activity slackens, reflecting broader market currents and local quirks alike. Higher prices in 2021 and 2022 are accompanied by bustling transaction numbers, hinting at a period of rare confidence, only to settle down again as the market absorbs change.
The rhythm of price growth here is steady—at times sedate, at others invigorated—and the dance between sales volumes and values remains a defining feature of HR4’s property story.
Avg. Property Price: 394K
Avg. Size of Property
1,358 sq/ft
Avg. Cost Per Sq/ft
£308 sq/ft
Total transactions
319 (since 2021)
Avg. Property Price: 268K
Avg. Size of Property
983 sq/ft
Avg. Cost Per Sq/ft
£284 sq/ft
Total transactions
380 (since 2021)
Avg. Property Price: 200K
Avg. Size of Property
794 sq/ft
Avg. Cost Per Sq/ft
£265 sq/ft
Total transactions
540 (since 2021)
Avg. Property Price: 123K
Avg. Size of Property
571 sq/ft
Avg. Cost Per Sq/ft
£221 sq/ft
Total transactions
58 (since 2021)
Let’s get this straight: most people think Hereford’s HR4 area offers a gentle slope between affordability and space, but these figures are choppier than the River Wye in full flow. The detached home scene, for example, isn’t just comfortably pricey - it’s stratospheric, offering a chunkier living area but at a cost per square foot that’s punchier than many assume for a provincial city. Space comes at a premium here, not a discount.
Meanwhile, flats can seem like a fast track for budget-conscious buyers, yet the price per square foot tells a different story. Flats have a cost per sq/ft that eats away the benefit of their headline price, especially when you factor in their compact footprints. Some will say flats are the bargain of HR4. I’d counter that you’re really paying for position and convenience, not value.
To wrap it up, the HR4 market isn’t the level playing field most agents would have you believe. Prices bounce around between types, rarely in proportion to size or quality. If you’re looking to buy, think tactically. The numbers hide more than they reveal.
We let the data speak - then we teach it to sing in tune. Every price is adjusted to reflect genuine, measurable factors that influence value. Check how the model shapes each price
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