Average Price for property in Herefordshire is around £243,551 which varies based on type of property you are interested in and ranges from £334,769 for detached house to around £192,839 for semi-detached. Similarly terraced house is around £160,961 and a flat is worth £124,134. Values have been changing and have risen £295 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £876 in last 6 months, £16,872 in last 1 year, £20,118 in last 2 years, £23,723 in last 3 years, £27,739 in last 4 years and £18,077 in last 5 years.
Currently average asking price of a property in Herefordshire is around £312,666 based on approximately 2,205 properties for sale. Same is the case with rental options based on 331 properties up for rent, average asking rent is around £825 per month.
Estimated property value in Herefordshire is £243,551. Average asking price is £312,666 while average price paid is £213,173 which is up by £16,872 and Avg. asking rent £825.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Herefordshire area. In last 1 year alone average price buyer paid is around £213,173 based on approximately 2,205 sales in Herefordshire area alone. If you compare it to last 3 years sales of 6,443 properties where buyers paid around £209,120. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £210,884 for 10,311 and average amount paid for purchase of approx. 13,922 properties sold in last 7 years comes to about £210,087 per sale.