Imofolio

Herefordshire · report

Past price cycles in Herefordshire

Sale prices have fallen by 3% or more 7 times since 1995. The deepest began in September 2007.

Deepest fall
−18.2%
Recovery from the low
78 months

Prices in Herefordshire and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Herefordshire
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodHerefordshireUnited Kingdom
Aug 2026517.9534.7
Jul 2026513.5532.9
Jun 2026513.5530.1
May 2026508.8533.1
Apr 2026515.1530.6
Mar 2026506.1526.0
Feb 2026501.7527.6
Jan 2026498.6526.4
Dec 2025508.5524.8
Nov 2025514.7529.6
Oct 2025514.6528.4
Sep 2025511.0527.8
Aug 2025508.1529.8
Jul 2025505.4526.5
Jun 2025491.2522.4
May 2025487.0517.1
Apr 2025485.2509.5
Mar 2025500.2524.8
Feb 2025503.4518.5
Jan 2025501.0518.8
Dec 2024506.9517.0
Nov 2024508.3518.0
Oct 2024510.8519.4
Sep 2024500.7518.4
Aug 2024497.4519.1
Jul 2024495.1514.0
Jun 2024493.9508.3
May 2024488.7506.3
Apr 2024488.9502.2
Mar 2024490.3499.5
Feb 2024497.0498.6
Jan 2024498.2501.2
Dec 2023499.2501.6
Nov 2023494.0505.9
Oct 2023504.8509.4
Sep 2023501.0511.7
Aug 2023503.2514.2
Jul 2023489.4511.4
Jun 2023491.3505.8
May 2023489.4503.9
Apr 2023492.2502.2
Mar 2023497.5501.1
Feb 2023503.1506.8
Jan 2023508.4511.0
Dec 2022504.8515.4
Nov 2022514.3519.5
Oct 2022511.7520.3
Sep 2022507.9520.3
Aug 2022492.5519.2
Jul 2022484.1514.8
Jun 2022481.7505.4
May 2022477.2499.4
Apr 2022474.8493.8
Mar 2022474.6488.0
Feb 2022474.1486.2
Jan 2022470.5485.7
Dec 2021462.9480.1
Nov 2021456.7477.7
Oct 2021449.7468.5
Sep 2021441.7480.5
Aug 2021440.4466.8
Jul 2021432.0453.1
Jun 2021429.9475.4
May 2021424.0451.4
Apr 2021423.8448.4
Mar 2021425.6455.2
Feb 2021426.7448.6
Jan 2021434.8447.3
Dec 2020442.2447.3
Nov 2020431.9443.9
Oct 2020427.8439.4
Sep 2020414.5435.7
Aug 2020414.1431.1
Jul 2020401.2426.9
Jun 2020403.4423.4
May 2020404.2417.6
Apr 2020409.8415.5
Mar 2020405.3419.7
Feb 2020400.4416.0
Jan 2020401.1418.4
Dec 2019399.2418.1
Nov 2019402.1418.7
Oct 2019403.1420.2
Sep 2019403.8421.3
Aug 2019399.1421.0
Jul 2019397.3419.6
Jun 2019389.9415.0
May 2019389.8413.2
Apr 2019385.6412.6
Mar 2019385.5409.7
Feb 2019389.2410.8
Jan 2019393.4411.8
Dec 2018399.6414.4
Nov 2018403.1415.3
Oct 2018399.6417.1
Sep 2018402.7417.5
Aug 2018397.9418.3
Jul 2018401.0417.0
Jun 2018398.8411.9
May 2018398.4409.2
Apr 2018390.6407.5
Mar 2018387.8403.7
Feb 2018384.4406.1
Jan 2018384.9405.0
Dec 2017383.1406.5
Nov 2017381.3404.9
Oct 2017384.5406.0
Sep 2017383.6405.7
Aug 2017383.0407.2
Jul 2017376.5405.4
Jun 2017371.0400.2
May 2017367.4396.8
Apr 2017365.5394.4
Mar 2017362.2388.3
Feb 2017363.0389.1
Jan 2017360.4388.3
Dec 2016360.2388.7
Nov 2016361.7388.0
Oct 2016362.2386.2
Sep 2016365.6387.5
Aug 2016360.9388.1
Jul 2016362.7388.1
Jun 2016362.7384.0
May 2016362.3380.4
Apr 2016358.1376.0
Mar 2016359.5374.6
Feb 2016362.0370.8
Jan 2016360.3370.6
Dec 2015357.8369.6
Nov 2015354.1368.4
Oct 2015355.3365.6
Sep 2015352.1365.1
Aug 2015347.5364.3
Jul 2015343.9361.0
Jun 2015343.7355.0
May 2015342.7352.3
Apr 2015347.4348.5
Mar 2015341.0345.5
Feb 2015343.2344.2
Jan 2015339.4343.9
Dec 2014342.1345.7
Nov 2014341.5344.9
Oct 2014340.6346.1
Sep 2014339.8346.6
Aug 2014338.3346.2
Jul 2014335.2342.2
Jun 2014332.2337.5
May 2014331.5334.6
Apr 2014329.8331.1
Mar 2014325.4323.9
Feb 2014320.1322.7
Jan 2014319.1321.4
Dec 2013320.4321.0
Nov 2013324.2318.1
Oct 2013329.2316.4
Sep 2013328.6317.7
Aug 2013327.2317.4
Jul 2013320.4314.9
Jun 2013320.2311.4
May 2013315.3308.9
Apr 2013307.1307.3
Mar 2013311.7304.3
Feb 2013313.2302.5
Jan 2013321.3302.5
Dec 2012315.5304.6
Nov 2012314.4305.3
Oct 2012317.6305.0
Sep 2012320.8307.2
Aug 2012326.0308.3
Jul 2012326.1307.9
Jun 2012322.6306.7
May 2012315.7303.8
Apr 2012307.7302.8
Mar 2012310.5299.3
Feb 2012312.3298.5
Jan 2012318.6299.3
Dec 2011314.6301.3
Nov 2011319.6302.6
Oct 2011316.3302.5
Sep 2011318.4305.8
Aug 2011315.7306.6
Jul 2011315.6306.4
Jun 2011319.2302.6
May 2011322.6302.1
Apr 2011326.8303.4
Mar 2011321.7298.8
Feb 2011314.1300.2
Jan 2011313.3301.8
Dec 2010317.3304.3
Nov 2010325.4304.9
Oct 2010327.8308.5
Sep 2010330.8312.0
Aug 2010330.0312.8
Jul 2010328.5312.8
Jun 2010323.9309.7
May 2010317.3308.2
Apr 2010320.6306.7
Mar 2010328.3302.8
Feb 2010331.9302.8
Jan 2010324.6302.1
Dec 2009316.5303.2
Nov 2009316.6301.2
Oct 2009315.9300.2
Sep 2009315.3298.2
Aug 2009307.9295.9
Jul 2009308.8293.0
Jun 2009303.1287.8
May 2009302.6285.0
Apr 2009290.0281.1
Mar 2009294.3278.6
Feb 2009294.1280.3
Jan 2009306.3283.6
Dec 2008307.1290.3
Nov 2008320.6294.8
Oct 2008333.9303.4
Sep 2008338.6309.6
Aug 2008339.2317.6
Jul 2008335.0324.4
Jun 2008341.1328.0
May 2008336.7332.4
Apr 2008338.7330.4
Mar 2008335.6329.8
Feb 2008340.6332.2
Jan 2008342.6335.1
Dec 2007346.0341.3
Nov 2007351.6341.8
Oct 2007352.8342.0
Sep 2007354.3342.8
Aug 2007344.7342.3
Jul 2007346.4340.4
Jun 2007347.7336.1
May 2007353.5332.5
Apr 2007342.7328.7
Mar 2007336.9322.2
Feb 2007331.7319.8
Jan 2007334.7318.8
Dec 2006333.2319.0
Nov 2006336.0315.0
Oct 2006330.8313.4
Sep 2006327.8311.6
Aug 2006321.0310.3
Jul 2006321.3307.7
Jun 2006315.4303.4
May 2006315.8300.5
Apr 2006312.7297.7
Mar 2006314.8291.4
Feb 2006310.0289.0
Jan 2006308.9288.6
Dec 2005308.6289.0
Nov 2005309.7287.4
Oct 2005308.8286.6
Sep 2005309.7287.1
Aug 2005305.2287.6
Jul 2005306.8286.4
Jun 2005297.2282.8
May 2005299.0280.6
Apr 2005294.2277.6
Mar 2005300.5273.7
Feb 2005296.6271.5
Jan 2005299.7271.7
Dec 2004298.1271.9
Nov 2004302.1273.9
Oct 2004302.4274.3
Sep 2004303.9272.3
Aug 2004303.0272.8
Jul 2004296.1269.7
Jun 2004289.2264.1
May 2004281.5259.5
Apr 2004271.6256.4
Mar 2004265.5245.3
Feb 2004261.6244.7
Jan 2004260.9247.1
Dec 2003255.0245.6
Nov 2003250.1240.9
Oct 2003248.1243.6
Sep 2003247.8239.4
Aug 2003245.2240.2
Jul 2003240.9236.0
Jun 2003234.8231.9
May 2003231.1231.4
Apr 2003224.5233.0
Mar 2003225.0227.6
Feb 2003223.2222.8
Jan 2003224.5225.2
Dec 2002219.5226.8
Nov 2002211.7219.5
Oct 2002208.5217.3
Sep 2002203.6215.7
Aug 2002199.0210.6
Jul 2002193.3206.0
Jun 2002187.8204.4
May 2002182.6196.4
Apr 2002175.5191.4
Mar 2002172.6188.9
Feb 2002172.1182.5
Jan 2002174.0176.1
Dec 2001173.1176.7
Nov 2001172.5176.7
Oct 2001169.7176.7
Sep 2001165.8180.3
Aug 2001163.6180.3
Jul 2001161.5180.3
Jun 2001162.1174.1
May 2001159.1174.1
Apr 2001156.2174.1
Mar 2001151.3168.0
Feb 2001151.3168.0
Jan 2001152.1168.0
Dec 2000152.9168.9
Nov 2000151.3168.9
Oct 2000150.7168.9
Sep 2000150.4164.0
Aug 2000152.4164.0
Jul 2000149.5164.0
Jun 2000146.8161.0
May 2000141.3161.0
Apr 2000139.3161.0
Mar 2000140.2152.6
Feb 2000138.8152.6
Jan 2000138.1152.6
Dec 1999135.4148.8
Nov 1999135.6148.8
Oct 1999135.3148.8
Sep 1999132.6145.1
Aug 1999130.3145.1
Jul 1999127.4145.1
Jun 1999125.5137.1
May 1999124.7137.1
Apr 1999122.1137.1
Mar 1999121.7131.5
Feb 1999120.7131.5
Jan 1999122.4131.5
Dec 1998121.4130.7
Nov 1998121.6130.7
Oct 1998119.6130.7
Sep 1998119.8131.3
Aug 1998117.5131.3
Jul 1998116.0131.3
Jun 1998114.2125.8
May 1998114.5125.8
Apr 1998112.7125.8
Mar 1998113.5119.5
Feb 1998112.9119.5
Jan 1998114.3119.5
Dec 1997112.7116.5
Nov 1997112.0116.5
Oct 1997111.5116.5
Sep 1997112.2117.4
Aug 1997112.1117.4
Jul 1997111.5117.4
Jun 1997109.5111.7
May 1997107.3111.7
Apr 1997104.8111.7
Mar 1997103.5109.5
Feb 1997103.1109.5
Jan 1997103.9109.5
Dec 1996104.3108.0
Nov 1996103.1108.0
Oct 1996103.5108.0
Sep 1996102.2106.2
Aug 1996103.3106.2
Jul 1996100.9106.2
Jun 1996101.1102.2
May 1996100.8102.2
Apr 1996100.4102.2
Mar 199699.5102.1
Feb 199698.7102.1
Jan 1996100.8102.1
Dec 1995101.7100.6
Nov 1995102.2100.6
Oct 1995101.7100.6
Sep 1995102.2102.0
Aug 1995101.8102.0
Jul 1995101.9102.0
Jun 1995101.9101.1
May 1995102.6101.1
Apr 1995100.9101.1
Mar 1995100.1100.0
Feb 199598.7100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
May 1995February 1996−3.7%96
September 2004April 2005−3.2%73
September 2007April 2009−18.2%1978
November 2018March 2019−4.4%46
December 2020April 2021−4.2%46
November 2022April 2025−5.7%296
November 2025January 2026−3.1%23

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Herefordshire

Sale prices have an 80% chance of landing between £286,317 and £328,456 by August 2027.

Expected, August 2027
£307,386
Chance of a rise
83%

At the average sale price, a home costs £291,495. With 10% down and a 30-year mortgage, the payment is £1,345 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
23%
Payment, one income
46%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£831
Owning per month
£1,372

26.9% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
510
Per 1,000 residents
2.6

Figures for United Kingdom: Herefordshire has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 511 while 400 homes were finished: 1.3 new residents for every new home.

New residents per new home, 2025
1.3
Population change, 2025
+511

5.5% of the 88,148 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.5%
Empty homes
4,860

In 2025, 13% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
13%