HR3 in Hereford shows moderate performance metrics relative to national standards, ranking in the 18th percentile with a trajectory score of 44.1/100. Over the past five years, properties have appreciated at 4.1% compound annual growth, while rental yields have outpaced capital growth at 5.0% CAGR. Population expansion remains subdued at 0.5% over the same period. The district is classified as latent in gentrification stage, suggesting limited signs of accelerating structural change or investment activity. These characteristics indicate a stable but unexceptional market where rental income slightly exceeds property value appreciation, though growth rates remain constrained compared to higher-trajectory areas nationally.
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See plans from £20/moKey signals
- 1Property prices up 3.0% over 5 years (5yr CAGR)
- 2Rents growing at 5.0% per year
- 3Population growing at 0.5% per year
Nearby districts
What's changing in Hereford · June 2026
The trajectory score moved up 0.1 points this month to 44/100, driven mainly by demand.
13 planning applications submitted in HR3 over the last six months.
- Discharge of Condition 6 (Photographic Survey) pursuant to previously approved application 25/24199/FUL.Jun 2026 · Awaiting decision
- Structural repairs to elements of the roof and replacement of composite slates with reclaimed natural slatesJun 2026 · Awaiting decision
- Structural repairs to elements of the roof and replacement of composite slates with reclaimed natural slatesJun 2026 · Awaiting decision
Hereford (HR3) common questions
Is Hereford up and coming?
Hereford (HR3) has a trajectory score of 44/100 (Average), placing it in the top 80% of postcode districts in England and Wales. The score is up 4.8 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 89/100 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 (HR3) is £260k as of January 2026, based on UK House Price Index data. Prices have grown at 3.0% per year over the last five years.
What is the average rent in Hereford?
The median monthly rent in Hereford (HR3) is £826 (2026), based on ONS private rental data.
Which areas are near Hereford?
Neighbouring postcode districts include Abertillery (NP13), Taunton (TA1), Blackwood (NP12), Newport (NP19), Kington (HR5). 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.