HR2 covers central Hereford and surrounding suburbs. Over the past five years, the district has experienced modest price appreciation at 1.7% compound annual growth, whilst rental yields have performed substantially better at 5.3% CAGR, suggesting stronger rental demand relative to capital growth. Population expansion has been minimal at 0.5% over the same period. The trajectory score of 45.0 out of 100 places HR2 in the 22nd percentile nationally, indicating average market dynamics compared to other UK postcode districts. The area remains in a latent gentrification stage, with no established pattern of significant structural change evident in current data.
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See plans from £20/moKey signals
- 1Property prices up 1.0% over 5 years (5yr CAGR)
- 2Rents growing at 5.3% per year
- 3Population growing at 0.5% per year
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What's changing in Hereford · June 2026
The trajectory score moved up 0.9 points this month to 46/100, driven mainly by safety.
Hereford (HR2) common questions
Is Hereford up and coming?
Hereford (HR2) has a trajectory score of 46/100 (Average), placing it in the top 73% of postcode districts in England and Wales. The score is up 0.2 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Hereford safe?
Hereford has a safety score of 66/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Hereford?
The average property price in Hereford (HR2) is £260k as of January 2026, based on UK House Price Index data. Prices have grown at 1.0% per year over the last five years.
What is the average rent in Hereford?
The median monthly rent in Hereford (HR2) is £826 (2026), based on ONS private rental data.
Which areas are near Hereford?
Neighbouring postcode districts include Hereford (HR1), Hereford (HR4), Usk (NP15), Chepstow (NP16), Ross-On-Wye (HR9). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.