Key indicators for buyers
The HR5 market is moderately favourable for buyers. Prices have softened (-75.8%), which could present a buying opportunity. 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 £85,000 with a 25% deposit (£21k), a 2-year fixed mortgage at 3.97% costs around £335 per month.
Monthly cost comparison based on current data
Uses HR5 avg. price with Herefordshire rental data
Monthly mortgage payments (£335) are £485 less than renting (£820). However, buying requires an upfront deposit of £21k — it would take around 3 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
48, HIGH STREET HR5 3BJ | Terraced | £85,000 | 15 Jan 2026 |
22, WALNUT GARDENS HR5 3DN | Terraced | £130,000 | 8 Dec 2025 |
4, RUSHOCK BANK, RUSHOCK HR5 3RY | Semi-detached | £142,000 | 5 Dec 2025 |
BRAMBLE COTTAGE, KINGSWOOD HR5 3HJ | Detached | £790,000 | 10 Nov 2025 |
1, THE BEECHES, GRAVEL HILL HR5 3BS | Semi-detached | £270,000 | 24 Oct 2025 |
8, WALNUT GARDENS HR5 3DN | Terraced | £115,000 | 24 Oct 2025 |
22, THE MEADS HR5 3DQ | Detached | £285,000 |
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 HR5 sold for £85,000 in 2026, with a median of £85,000 across 1 transactions. Prices fell 75.8% compared to the previous year.
| 24 Oct 2025 |
33, WALNUT GARDENS HR5 3DN | Terraced | £125,000 | 9 Oct 2025 |
FIRS COTTAGE, LYONSHALL HR5 3LN | Other | £402,000 | 22 Sept 2025 |
7, TAN HOUSE MEADOWS HR5 3TD | Detached | £272,500 | 11 Sept 2025 |
59, GREENFIELDS HR5 3AA | Terraced | £170,000 | 2 Sept 2025 |
3, HERGEST ROAD HR5 3EQ | Detached | £385,000 | 22 Aug 2025 |
RYBURN, 13, EARDISLEY ROAD HR5 3EA | Detached | £408,428 | 22 Aug 2025 |
DUNFIELD LODGE, DUNFIELD HR5 3NN | Detached | £525,000 | 18 Aug 2025 |
29, GARDEN CLOSE HR5 3FJ | Terraced | £225,000 | 18 Aug 2025 |
5, CORONATION ROAD HR5 3BU | Detached | £249,500 | 15 Aug 2025 |
UNIT 1, HATTON GARDENS INDUSTRIAL ESTATE HR5 3RB | Other | £310,000 | 15 Aug 2025 |
1, SCHOOL CLOSE HR5 3HN | Detached | £305,000 | 13 Aug 2025 |
21, HATTON GARDENS HR5 3DD | Terraced | £133,500 | 8 Aug 2025 |
THE COTTAGE NEW STREET, LYONSHALL HR5 3HT | Detached | £445,000 | 31 Jul 2025 |
The most recent recorded sale in HR5 was a terraced property on High Street for £85,000 in January 2026. Across the last 20 sales, the median price was £272,500.