HR4 House Prices: A Localised Snapshot

Look at how property values have shifted across Hereford neighbourhoods, supported by quarter-by-quarter sales data.

You’ll also be able to pinpoint the areas where both volume and value are steadily on the rise.

HR4 Property Prices Year by Year

Here’s a snapshot of average home prices in HR4 across the last eight years.
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.

  • Investors and long-term owners will see HR4 as a steadfast, if occasionally unpredictable, market
  • First-time buyers may need to keep their eyes peeled for those rare moments when the pace slows and opportunities appear
  • The projected figures for 2025 suggest a renewed surge in both transactions and average prices, drawing hopeful energy back into the market

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.

A Closer Look at HR4 Prices by Property Type

Detached

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)

Semi-detached

Avg. Property Price: 268K

Avg. Size of Property
983 sq/ft

Avg. Cost Per Sq/ft
£284 sq/ft

Total transactions
380 (since 2021)

Terraces

Avg. Property Price: 200K

Avg. Size of Property
794 sq/ft

Avg. Cost Per Sq/ft
£265 sq/ft

Total transactions
540 (since 2021)

Apartments

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.

  • Semi-detached homes sit awkwardly in the middle ground - not quite affordable, yet not as inspiring as detached. You get a modest amount of space at a price that feels oddly ambitious for what you receive.
  • Terraced properties top the charts for activity, as transactions keep surging, but beware, this doesn’t always equal juicy deals. Plenty chase these, but volume does not always equal wisdom.

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.


Key takeaway for buyers:

  1. If your eye’s on space and prestige, detached homes will make your wallet work hardest.
  2. If you’re chasing ‘value’ by transaction volume, terraced houses look active but can be as unpredictable as a pub dart match on derby day.
  3. Don’t be swayed by averages - scrutinise the cost per square foot, and remember: what’s popular isn’t always truly good value.

Behind the Numbers: Hereford Property Insights

Before you jump into the local market, take a beat. These insightful yet simple reads highlight streets that sell fast, trends worth tracking, and sneaky pitfalls to avoid.

All Roads in HR4 – Hereford

No streets found for this district.
Scroll

Our site uses cookies. By using this site, you agree to the Privacy Policy and Terms of Use.