Key indicators for buyers
The HR4 market presents a mixed picture for buyers. Prices are rising at 8.6%, which may favour acting sooner rather than later. Affordability has improved from a peak of 10.3x in 2021 to 8.8x today. Rising rents (£820/mo, +4.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Herefordshire area
A home in Herefordshire costs 8.8x the local median salary — stretched, improving from a peak of 10.3x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Herefordshire area
Average monthly rent in Herefordshire is £820, up 4.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Herefordshire price of £321,182 with a 25% deposit (£80k), a 2-year fixed mortgage at 3.97% costs around £1,268 per month.
Monthly cost comparison based on current data
Uses HR4 avg. price with Herefordshire rental data
Monthly mortgage payments (£1,268) are £448 more than renting (£820). However, buying requires an upfront deposit of £80k — it would take around 21 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
47, SANDOWN DRIVE HR4 9LU | Terraced | £180,000 | 23 Jan 2026 |
THE BARNS, STOCKINGFIELD, DILWYN HR4 8JG | Other | £720,000 | 16 Jan 2026 |
3, GATHERSTONE CLOSE, WELLINGTON HR4 8FP | Detached | £540,000 | 16 Jan 2026 |
MARY MEADOW, BURGHILL HR4 7RN | Semi-detached | £280,000 | 16 Jan 2026 |
4, BARRICOMBE DRIVE HR4 0NU | Flat/Maisonette | £100,000 | 16 Jan 2026 |
5, ELM ROAD, CREDENHILL HR4 7DP | Semi-detached | £270,000 | 12 Jan 2026 |
6, VICTORIA COURT HR4 0AW | Flat/Maisonette |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in HR4 sold for £321,182 in 2026, with a median of £270,000 across 11 transactions. Prices rose 8.6% compared to the previous year.
| £255,000 |
| 9 Jan 2026 |
3, RINGLET DRIVE, HOLMER HR4 9EX | Semi-detached | £318,000 | 9 Jan 2026 |
37, EPSOM WALK HR4 9NJ | Terraced | £215,000 | 9 Jan 2026 |
11, STATION ROAD HR4 0BD | Terraced | £245,000 | 8 Jan 2026 |
20, WATLING CLOSE, CANON PYON HR4 8FA | Detached | £410,000 | 6 Jan 2026 |
15, CANONMOOR STREET HR4 9JJ | Terraced | £183,000 | 19 Dec 2025 |
TARA, KINGS ACRE ROAD HR4 0SG | Detached | £451,000 | 19 Dec 2025 |
THE PADDOCKS, CANON PYON ROAD HR4 7RB | Detached | £328,000 | 19 Dec 2025 |
34, WHITE HORSE SQUARE HR4 0HD | Semi-detached | £279,000 | 18 Dec 2025 |
23, GRANDSTAND ROAD HR4 9NE | Terraced | £188,500 | 18 Dec 2025 |
29, HOLMER ROAD HR4 9RX | Semi-detached | £230,000 | 18 Dec 2025 |
8, OAK LANE, BURGHILL HR4 7QP | Detached | £635,000 | 18 Dec 2025 |
37, HURDMAN WALK HR4 0PB | Semi-detached | £200,000 | 17 Dec 2025 |
3, TOWER ROAD HR4 0LF | Detached | £380,000 | 16 Dec 2025 |
The most recent recorded sale in HR4 was a terraced property on Sandown Drive for £180,000 in January 2026. Across the last 20 sales, the median price was £279,000.