House prices in Herefordshire have gone down by an average of over £2,000 in the month of August, according to figures from the Land Registry.

The latest data from the government department reveals that in August 2022 average house prices in Herefordshire reached £298,611.

This was down from £301,026 in July, representing a 0.8 per cent decrease. In the last 12 months it has risen by 11.4 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Herefordshire here.

How much have house prices decreased in Herefordshire?

Breaking it down for specific types of housing, all prices saw a decrease.

  • Detached houses - Down to £436,184 from £439,320 in July
  • Semi-detached houses - Down to £277,092 from £279,641 in July
  • Terraced houses - Down to £205,494 from £207,137 in July
  • Flats - Down to £132,191 from £133,650 in July

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How do Herefordshire house prices compare to the UK average?

Despite the fall in prices this month, Herefordshire is still slightly above the UK average with a typical property value in the nations reaching £295,903 in August.

In cash terms, the average house price in August was £35,473 higher than a year earlier with house price growth accelerating to 13.6 per cent in August 2022.  Prices were up by 0.9 per cent month on month.

How much could your house be worth?

We have created this map for the West Midlands so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Herefordshire are the most expensive for average house prices.