Proppys
HR4Herefordshire, County of

HR4 Central Herefordshire

HR4 Central Herefordshire investment guide. Average gross yield 3.7%, unknown rental demand.

3.7%avg gross yield
£266kavg sold price (512 sales, 12mo)
Unknownrental demand
Article 4: No· Permitted development applies
Last updated May 2026
Average Gross Yield
3.7%
+3.7% vs Herefordshire, County of avg (0.0%)
Average Asking Price
£266,075
high confidence (512 sales)
Est. Monthly Rent
£1,153
2-bed · 3-bed £1,280 · 5.8% yield
Price Per Sq Ft
£281
Estimated Rent by Bedroom Count
Average asking rent and gross yield per bedroom count in HR4
1-bed
£855
per month
6.3% yield
2-bed
£1,153
per month
5.8% yield
3-bed
£1,280
per month
5.5% yield
4-bed
£1,357
per month
4.6% yield
Ownership mix
HR4 vs UK average · 19,078 dwellings · Source: ONS Census 2021
Owner-occupier stronghold: 39% owned outright (6pp higher than the UK average of 33%).
Owned outrightNo mortgage on the property
39.3%(UK 32.9%)
+6.4pp vs UK
Owned with mortgageIncluding shared ownership
25.8%(UK 29.7%)
-3.9pp vs UK
Privately rented (BTL)Private landlord or letting agent
21.6%(UK 20.3%)
+1.3pp vs UK
Socially rentedCouncil or housing association
13.3%(UK 17.1%)
-3.8pp vs UK
Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).
Yield by Property Type
Gross yield breakdown across property types in HR4
PropertyData.co.uk
TypeGross YieldAvg PriceAvg Rent/mo
Terraced6.5%£212,650£1,153
Semi-detached5.6%£268,491£1,251
Detached4.0%£392,000£1,294
Flat10.8%£115,000£1,034

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Live data for each property type across Herefordshire, County of.

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About HR4 Central Herefordshire (HR4, Herefordshire, County of)

HR4 presents a solid mid-market investment opportunity with an average gross yield of 3.7% and property prices averaging £266,075. The area attracts investors seeking balanced returns in a more affordable market compared to UK urban centres, with rental stock across the full property spectrum from one to four-bedroom homes.

The tenant profile is mixed across bedroom sizes, with strongest rental yields in the one and two-bedroom segments (6.3% and 5.8% respectively). This suggests demand from both single professionals and small households, typical of mixed semi-rural and commuter belt demographics in Herefordshire.

Investors should note the declining yield curve as property size increases—four-bedroom homes yield just 4.6%—indicating potentially softer demand for larger family properties in this postcode. Rental demand data is currently unavailable, making local market research essential before purchase to validate demand assumptions and tenant sustainability.

Sold Price Trend - HR4
Average sold price, last 8 quarters
-15.3% over 2 years
Flip Activity - HR4
Same property bought and sold within 18 months, last 24 months
vs prior 24 months
Flips
6
last 24 months
Median uplift*
+31.1%
after HPI adjust
Median hold
12 mo
Flip rate
0.6%
of all sales
Recent case studies
ingestre street
Semi
Bought Aug 24
£325k
Sold Jul 25
£420k
11 mo+26.1%*
Gross 29.2%
breinton lane
Detached
Bought Nov 23
£440k
Sold Aug 24
£550k
9 mo+24.2%*
millbrook street
Terraced
Bought Aug 23
£205k
Sold Jul 24
£243k
11 mo+20.2%*
Gross 18.3%
holmer road
Semi
Bought Feb 23
£223k
Sold Jun 24
£475k
17 mo+117.2%*
Gross 113.0%
st peters close
Semi
Bought Apr 23
£185k
Sold May 24
£250k
13 mo+36.1%*
bakers furlong
Detached
Bought Nov 22
£220k
Sold May 24
£315k
18 mo+50.8%*
Gross 43.2%
* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.
Planning & Licensing - HR4
Restrictions that affect HMO and buy-to-let investors in this postcode district
Article 4 Direction (HMO)Not in effect
HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.
Selective LicensingNot in effect
Additional HMO LicensingNot in effect
No Article 4 directions in this LPA. Selective/additional licensing not yet verified.
Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.
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