Housing Market Analysis for SOUTHBANK ROAD, HR1 2TE

Are you looking to understand HR1 2TE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Herefordshire, County of postcode.

For the location information and nearby amenities in the HR1 2TE area, explore the HR1 2TE Area information page.
For comprehensive crime statistics in the HR1 2TE area, explore the HR1 2TE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the HR1 2TE postcode area, The average prices are as follows,

Flat
- The average price is around £210,263 median price is £209,000 Standard Deviation is £26,181 with Total Sold: 19
- The Last 5 Year average price is £210,000 with Total Sold: 4
- The most recent sale happened at this postcode is 11, BANK VIEW SOUTHBANK ROAD: £200,000 (Sold on 21 Dec 2022)
- The first recorded sale happened at this postcode is FLAT 7, BANK VIEW SOUTHBANK ROAD: £223,000 (Sold on 22 Nov 2007)
Terraced
- The average price is around £196,500 median price is £196,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 1, BANK VIEW SOUTHBANK ROAD: £196,500 (Sold on 12 Jun 2008)
- The first recorded sale happened at this postcode is FLAT 1, BANK VIEW SOUTHBANK ROAD: £196,500 (Sold on 12 Jun 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average HR1 2TE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£200,000	£2,353	1
2021	£195,000	£2,094	2
2019	£250,000	£2,941	1
2018	£232,500	£2,672	1
2016	£247,500	£3,412	2
2014	£164,000		1
2013	£187,500	£2,180	1
2010	£210,000	£2,442	1
2008	£204,000		7
2007	£219,000		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£196,500		1

All the Sales in the SOUTHBANK ROAD, HR1 2TE

See the table below for more details on the sold house prices in the HR1 2TE, Herefordshire, County of postcode.

Address	Sold Date	Price	% Change
11, BANK VIEW SOUTHBANK ROADFlat, LeaseholdArea: 85 Sq.mtrAge: 2003-2006	21 Dec 2022	£200,000	-20.00%
	31 Oct 2019	£250,000	-13.79%
	07 Jun 2016	£290,000	First Sale
5, BANK VIEW SOUTHBANK ROADFlat, LeaseholdArea: 101.25 Sq.mtrAge: 2007 onwards	04 Oct 2021	£197,500	First Sale
2, BANK VIEW SOUTHBANK ROADFlat, LeaseholdArea: 86 Sq.mtrAge: 2003-2006	30 Sep 2021	£192,500	-8.33%
	12 Nov 2010	£210,000	First Sale
4, BANK VIEW SOUTHBANK ROADFlat, LeaseholdArea: 87 Sq.mtrAge: 2007 onwards	16 Nov 2018	£232,500	First Sale
7, BANK VIEW SOUTHBANK ROADFlat, Leasehold	21 Apr 2016	£205,000	25.00%
7, BANK VIEW SOUTHBANK ROADFlat, Leasehold	29 Jan 2014	£164,000	First Sale
9, BANK VIEW SOUTHBANK ROADFlat, LeaseholdArea: 86 Sq.mtrAge: 2007 onwards	19 Dec 2013	£187,500	First Sale
FLAT 9, BANK VIEW SOUTHBANK ROADFlat, Leasehold	28 Jul 2008	£209,000	First Sale
FLAT 2, BANK VIEW SOUTHBANK ROADFlat, Leasehold	28 Jul 2008	£209,000	First Sale
FLAT 3, BANK VIEW SOUTHBANK ROADFlat, Leasehold	08 Jul 2008	£200,000	First Sale
FLAT 4, BANK VIEW SOUTHBANK ROADFlat, Leasehold	03 Jul 2008	£202,500	First Sale
FLAT 5, BANK VIEW SOUTHBANK ROADFlat, Leasehold	30 Jun 2008	£180,000	First Sale
FLAT 1, BANK VIEW SOUTHBANK ROADTerraced, Leasehold	12 Jun 2008	£196,500	First Sale
FLAT 10, BANK VIEW SOUTHBANK ROADFlat, Leasehold	29 May 2008	£217,500	First Sale
FLAT 8, BANK VIEW SOUTHBANK ROADFlat, Leasehold	18 Feb 2008	£210,000	First Sale
FLAT 6, BANK VIEW SOUTHBANK ROADFlat, Leasehold	23 Nov 2007	£215,000	First Sale
FLAT 7, BANK VIEW SOUTHBANK ROADFlat, Leasehold	22 Nov 2007	£223,000	First Sale

Check out the sold house prices near the HR1 2TE postcode. Properties currently for saleProperties currently for rent

SOUTHBANK ROAD, HR1 2TE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the HR1 2TE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the HR1 2TE postcode.

Semi-Detached
- The average price is around £183,052 median price is £180,000 Standard Deviation is £93,640 with Total Sold: 644
- The Last 5 Year average price is £278,965 with Total Sold: 124
- The most recent sale happened at this postcode is , 33 BRYNGWYN CLOSE: £190,000 (Sold on 10 Jul 2024)
- The first recorded sale happened at this postcode is , 50 PENN GROVE ROAD: £58,000 (Sold on 13 Jan 1995)
Flat
- The average price is around £120,123 median price is £110,000 Standard Deviation is £77,777 with Total Sold: 525
- The Last 5 Year average price is £180,756 with Total Sold: 89
- The most recent sale happened at this postcode is FLAT 6, LICHFIELD LODGE, 32 BODENHAM ROAD: £149,500 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is FLAT 8, HILLSIDE, 20 AYLESTONE HILL: £28,500 (Sold on 20 Jan 1995)
Terraced
- The average price is around £125,959 median price is £127,500 Standard Deviation is £62,783 with Total Sold: 289
- The Last 5 Year average price is £208,278 with Total Sold: 45
- The most recent sale happened at this postcode is , 3 PROSPECT WALK: £220,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 28 PROSPECT WALK: £45,350 (Sold on 24 Mar 1995)
Detached
- The average price is around £276,747 median price is £249,950 Standard Deviation is £160,046 with Total Sold: 547
- The Last 5 Year average price is £456,102 with Total Sold: 81
- The most recent sale happened at this postcode is , 43 PILLEY ROAD: £315,000 (Sold on 16 Feb 2024)
- The first recorded sale happened at this postcode is , 12 JUDGES CLOSE: £145,000 (Sold on 25 Jan 1995)
Other
- The average price is around £225,284 median price is £205,000 Standard Deviation is £153,857 with Total Sold: 15
- The Last 5 Year average price is £348,700 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 1, 26 BARRS COURT ROAD: £370,000 (Sold on 13 Dec 2023)
- The first recorded sale happened at this postcode is , 50 FOLLY LANE: £247,000 (Sold on 13 Dec 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£301,429	£3,100	7
2023	£341,405	£3,366	21
2022	£314,397	£3,361	19
2021	£272,003	£2,872	37
2020	£229,319	£2,595	18
2019	£233,943	£2,659	22
2018	£245,558	£2,484	18
2017	£242,144	£2,329	17
2016	£242,497	£2,264	18
2015	£221,452	£2,212	27
2014	£195,497	£2,273	15
2013	£210,857	£1,939	23
2012	£183,132	£1,988	19
2011	£174,900	£2,046	23
2010	£200,219	£1,909	16
2009	£207,653	£1,845	19
2008	£204,615	£2,102	17
2007	£218,764	£2,040	28
2006	£210,383	£2,002	30
2005	£187,140	£1,885	21
2004	£157,087	£1,949	20
2003	£145,940	£1,605	20
2002	£124,459	£1,231	27
2001	£110,429	£1,108	33
2000	£84,400	£1,047	18
1999	£76,700	£821	27
1998	£66,329	£703	21
1997	£64,815	£741	25
1996	£62,619	£614	21
1995	£67,712	£685	17

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£206,250	£2,262	6
2023	£179,491	£2,533	11
2022	£156,476	£2,581	21
2021	£214,636	£2,618	18
2020	£173,863	£2,414	15
2019	£173,222	£2,802	18
2018	£184,907	£2,859	27
2017	£153,568	£2,113	14
2016	£151,375	£2,357	12
2015	£131,547	£2,048	16
2014	£134,283	£1,900	24
2013	£130,885	£2,059	13
2012	£137,050	£1,946	10
2011	£118,062	£2,080	8
2010	£167,438	£1,875	8
2009	£155,675	£2,254	18
2008	£179,780	£1,731	40
2007	£160,648	£2,298	22
2006	£113,706	£1,925	17
2005	£96,900	£1,830	15
2004	£95,827	£1,616	15
2003	£78,206	£1,356	17
2002	£67,203	£1,120	18
2001	£57,440	£956	26
2000	£51,965	£945	16
1999	£48,513	£782	19
1998	£39,959	£686	27
1997	£39,183	£640	24
1996	£37,112	£656	13
1995	£40,915	£710	17

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£221,000	£2,523	2
2023	£190,786	£2,413	7
2022	£235,571	£2,762	14
2021	£198,700	£2,341	10
2020	£211,500	£2,370	7
2019	£165,900	£1,844	5
2018	£195,428	£2,316	6
2017	£143,778	£1,941	9
2016	£164,781	£2,080	8
2015	£169,200	£1,940	9
2014	£161,784	£1,741	16
2013	£132,406	£1,788	8
2012	£131,667	£1,518	9
2011	£126,833	£1,543	3
2010	£136,000	£1,634	4
2009	£129,556	£1,609	9
2008	£164,800	£1,918	5
2007	£162,667	£2,031	12
2006	£139,818	£1,681	14
2005	£144,567	£1,611	15
2004	£122,509	£1,383	11
2003	£100,491	£1,159	6
2002	£79,827	£978	15
2001	£68,389	£854	14
2000	£64,746	£761	12
1999	£63,614	£747	11
1998	£56,662	£621	13
1997	£47,431	£645	16
1996	£44,821	£601	14
1995	£38,322	£494	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£315,000	£3,424	1
2023	£543,636	£3,631	11
2022	£533,331	£3,215	18
2021	£422,053	£2,900	17
2020	£407,445	£2,621	19
2019	£408,867	£2,412	15
2018	£395,054	£2,728	13
2017	£332,929	£2,723	14
2016	£340,435	£2,450	23
2015	£371,638	£2,463	26
2014	£286,686	£2,246	11
2013	£343,677	£2,111	11
2012	£274,442	£2,045	18
2011	£293,269	£2,356	13
2010	£273,935	£2,283	17
2009	£347,333	£2,220	12
2008	£278,611	£2,388	9
2007	£331,380	£2,583	25
2006	£275,945	£1,947	20
2005	£332,100	£1,876	15
2004	£278,776	£3,402	27
2003	£236,048	£1,731	20
2002	£207,033	£1,557	30
2001	£175,640	£1,626	29
2000	£148,796	£1,128	17
1999	£174,646	£1,206	28
1998	£124,898	£897	32
1997	£115,574	£791	25
1996	£105,410	£680	16
1995	£119,917	£690	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£370,000	£5,873	1
2022	£168,500	£2,478	1
2021	£440,000	£2,313	2
2020	£325,000		1
2018	£187,000		1
2017	£156,151	£3,810	5
2016	£140,333	£2,632	3
2013	£247,000		1

House Type in HR1 2TE area

The most common house types in the HR1 2TE postcode area are Detached (78), Semi-detached (27), and Flat (16).

Total	132
Detached	78
Semi-detached	27
Flat	16
Shared house	5
Terraced	4
converted building	1
commercial building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	79
Owned: Owns with a mortgage or loan	35
Private rented: Private landlord or letting agency	12
Social rented: Other social rented	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the HR1 2TE have 2 people in household (54), and 1 person in household (41).

2 people in household	54
1 person in household	41
3 people in household	17
4 people in household	13
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0