Key indicators for buyers
The HR7 market is moderately favourable for buyers. Prices have softened (-45.2%), 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 £189,500 with a 25% deposit (£47k), a 2-year fixed mortgage at 3.97% costs around £748 per month.
Monthly cost comparison based on current data
Uses HR7 avg. price with Herefordshire rental data
Monthly mortgage payments (£748) are £72 less than renting (£820). However, buying requires an upfront deposit of £47k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
46, BROAD STREET HR7 4BS | Terraced | £197,500 | 9 Jan 2026 |
94, OLD ROAD HR7 4BQ | Terraced | £141,000 | 9 Jan 2026 |
3, THE TANYARD HR7 4FD | Terraced | £230,000 | 8 Jan 2026 |
81, WINSLOW ROAD HR7 4UG | Terraced | £240,000 | 19 Dec 2025 |
78, WINSLOW ROAD HR7 4TN | Terraced | £150,000 | 19 Dec 2025 |
47, BANNUT TREE ESTATE HR7 4AS | Semi-detached | £218,000 | 17 Dec 2025 |
4, NUNWELL COURT HR7 4FG | Flat/Maisonette | £85,000 |
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 HR7 sold for £189,500 in 2026, with a median of £197,500 across 3 transactions. Prices fell 45.2% compared to the previous year.
| 12 Dec 2025 |
18, SHERFORD STREET HR7 4DL | Detached | £285,000 | 12 Dec 2025 |
MANNAMEED, 34, HIGHWELL LANE HR7 4DG | Detached | £415,000 | 12 Dec 2025 |
11, FIRS ORCHARD HR7 4BB | Semi-detached | £282,500 | 24 Nov 2025 |
WOODLANDS, STOKE LACY HR7 4RF | Detached | £675,000 | 21 Nov 2025 |
58, YORK ROAD HR7 4BG | Semi-detached | £260,000 | 14 Nov 2025 |
3, HILL VIEW HR7 4AY | Terraced | £183,000 | 14 Nov 2025 |
6, FLAGGONERS CLOSE HR7 4TZ | Terraced | £175,000 | 6 Nov 2025 |
4, FIRS ORCHARD HR7 4BB | Semi-detached | £190,000 | 31 Oct 2025 |
74, PORTHOUSE RISE HR7 4FS | Semi-detached | £247,000 | 31 Oct 2025 |
18, HIGH STREET HR7 4AA | Other | £200,000 | 17 Oct 2025 |
17, HATTON PARK HR7 4EY | Semi-detached | £265,000 | 17 Oct 2025 |
12A, ROWBERRY STREET HR7 4DU | Terraced | £280,000 | 3 Oct 2025 |
CARYS HOUSE, PAUNCEFORD COURT, MUCH COWARNE HR7 4JQ | Terraced | £485,000 | 26 Sept 2025 |
The most recent recorded sale in HR7 was a terraced property on Broad Street for £197,500 in January 2026. Across the last 20 sales, the median price was £240,000.