Housing Market Analysis for PROSPECT LANE, HR5 3AY

Are you looking to understand HR5 3AY 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 HR5 3AY area, explore the HR5 3AY Area information page.
For comprehensive crime statistics in the HR5 3AY area, explore the HR5 3AY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the HR5 3AY postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £106,972 median price is £97,000 Standard Deviation is £45,130 with Total Sold: 9
    • The Last 5 Year average price is £208,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 PROSPECT PLACE: £208,000 (Sold on 25 Nov 2021)
    • The first recorded sale happened at this postcode is 6 PROSPECT PLACE: £46,000 (Sold on 08 Nov 1999)
  • Semi-Detached
    • The average price is around £142,833 median price is £145,000 Standard Deviation is £11,736 with Total Sold: 3
    • The Last 5 Year average price is £156,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 PROSPECT PLACE: £156,000 (Sold on 19 Aug 2021)
    • The first recorded sale happened at this postcode is THE COACH HOUSE PROSPECT PLACE: £145,000 (Sold on 25 Apr 2008)
  • Detached
    • The average price is around £94,000 median price is £94,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE COTTAGE PROSPECT LANE: £94,000 (Sold on 19 Dec 1997)
    • The first recorded sale happened at this postcode is THE COTTAGE PROSPECT LANE: £94,000 (Sold on 19 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average HR5 3AY 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£208,000 £1,793 1
2014£134,000 £1,155 1
2006£134,000 £1,942 1
2005£113,0001
2002£80,917 £1,043 3
2001£85,0001
1999£46,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£156,000 £2,261 1
2015£127,500 £1,848 1
2008£145,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£94,0001

All the Sales in the PROSPECT LANE, HR5 3AY

See the table below for more details on the sold house prices in the HR5 3AY, Herefordshire, County of postcode.

AddressSold DatePrice% Change
3 PROSPECT PLACETerraced, FreeholdArea: 116 Sq.mtrAge: before 190025 Nov 2021£208,00055.22%
31 Jan 2014£134,000First Sale
5 PROSPECT PLACESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1996-200219 Aug 2021£156,00022.35%
26 May 2015£127,500-4.85%
31 Jul 2006£134,00086.11%
12 Apr 2002£72,000First Sale
THE COACH HOUSE PROSPECT PLACESemi-Detached, Leasehold25 Apr 2008£145,00028.32%
23 Nov 2005£113,000First Sale
1 PROSPECT PLACETerraced, Freehold26 Nov 2002£97,00014.12%
29 Jun 2001£85,000First Sale
6 PROSPECT PLACETerraced, Freehold03 Sep 2002£73,75060.33%
08 Nov 1999£46,000First Sale
THE COTTAGE PROSPECT LANEDetached, Freehold19 Dec 1997£94,000First Sale

Check out the sold house prices near the HR5 3AY postcode. Properties currently for saleProperties currently for rent

PROSPECT LANE, HR5 3AY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the HR5 3AY 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 HR5 3AY postcode.

  • Terraced
    • The average price is around £123,966 median price is £125,000 Standard Deviation is £69,690 with Total Sold: 354
    • The Last 5 Year average price is £170,088 with Total Sold: 75
    • The most recent sale happened at this postcode is , 17 WALNUT GARDENS: £123,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 14 CHURCH STREET: £110,000 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £134,197 median price is £128,500 Standard Deviation is £71,784 with Total Sold: 205
    • The Last 5 Year average price is £198,975 with Total Sold: 40
    • The most recent sale happened at this postcode is , 5 THE MEADS: £185,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 PARK VIEW: £42,000 (Sold on 21 Jul 1995)
  • Detached
    • The average price is around £205,637 median price is £184,000 Standard Deviation is £123,909 with Total Sold: 237
    • The Last 5 Year average price is £295,442 with Total Sold: 43
    • The most recent sale happened at this postcode is , 11 TAN HOUSE MEADOWS: £325,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , TUMBLEDOWN HEADBROOK: £139,000 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £92,751 median price is £88,500 Standard Deviation is £36,221 with Total Sold: 93
    • The Last 5 Year average price is £95,921 with Total Sold: 19
    • The most recent sale happened at this postcode is 11, KINGTON COURT VICTORIA ROAD: £110,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 8A THE SQUARE: £45,000 (Sold on 08 Dec 1995)
  • Other
    • The average price is around £176,693 median price is £145,000 Standard Deviation is £149,168 with Total Sold: 34
    • The Last 5 Year average price is £212,050 with Total Sold: 20
    • The most recent sale happened at this postcode is THE OLD BAKERY, TO THE REAR OF, 9 HIGH STREET: £200,000 (Sold on 18 Jun 2024)
    • The first recorded sale happened at this postcode is , 12 CHURCH STREET: £106,000 (Sold on 31 Mar 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£214,429 £3,150 7
2023£235,125 £2,275 8
2022£211,854 £2,424 13
2021£154,827 £1,894 26
2020£129,071 £1,696 7
2019£120,821 £1,678 14
2018£192,667 £1,982 6
2017£138,633 £1,780 15
2016£138,458 £1,827 12
2015£156,150 £2,116 13
2014£133,528 £1,565 9
2013£110,812 £1,439 8
2012£143,536 £1,688 14
2011£149,8333
2010£138,642 £1,866 21
2009£127,562 £1,677 16
2008£143,500 £1,806 7
2007£127,263 £2,200 13
2006£139,467 £1,668 15
2005£110,556 £1,969 9
2004£129,250 £1,379 18
2003£121,041 £1,282 11
2002£80,829 £1,028 19
2001£66,299 £787 15
2000£48,062 £771 8
1999£49,143 £681 14
1998£62,938 £606 8
1997£47,143 £628 7
1996£42,150 £662 10
1995£54,905 £602 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£164,500 £2,097 4
2023£187,167 £2,450 6
2022£241,438 £2,558 8
2021£201,350 £2,018 10
2020£175,417 £1,877 6
2019£196,750 £2,103 6
2018£150,583 £1,765 6
2017£204,921 £2,032 7
2016£150,167 £1,908 6
2015£152,722 £1,735 9
2014£153,500 £1,648 2
2013£167,188 £1,800 8
2012£148,000 £1,409 1
2011£135,325 £1,715 6
2010£155,599 £1,975 5
2009£185,590 £1,216 5
2008£176,500 £1,420 5
2007£193,950 £1,760 10
2006£162,133 £2,140 9
2005£155,000 £1,354 4
2004£131,333 £1,158 6
2003£94,600 £1,200 5
2002£86,014 £1,161 7
2001£81,845 £693 10
2000£63,290 £760 5
1999£56,981 £618 13
1998£58,500 £626 8
1997£58,450 £613 12
1996£51,760 £628 10
1995£50,083 £302 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£259,714 £2,839 7
2023£281,667 £2,835 6
2022£407,889 £2,578 9
2021£277,333 £2,354 9
2020£263,417 £2,139 6
2019£241,417 £2,325 6
2018£237,496 £2,267 12
2017£199,375 £1,824 4
2016£242,464 £2,469 14
2015£234,571 £1,684 7
2014£268,214 £1,839 7
2013£174,857 £1,792 7
2012£162,250 £2,157 8
2011£262,990 £1,910 5
2010£167,921 £2,084 7
2009£187,300 £2,103 5
2008£288,500 £1,976 4
2007£280,307 £2,783 11
2006£329,050 £2,169 10
2005£206,600 £1,828 5
2004£160,557 £1,956 14
2003£304,800 £1,105 5
2002£139,250 £1,219 12
2001£113,588 £1,200 12
2000£145,833 £1,058 6
1999£69,800 £954 10
1998£114,061 £882 9
1997£77,958 £686 13
1996£75,333 £661 3
1995£79,000 £393 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£98,5002
2022£134,250 £1,847 4
2021£79,167 £1,706 6
2019£87,643 £1,497 7
2018£87,064 £1,322 7
2017£96,167 £1,275 3
2016£102,333 £1,209 6
2015£65,000 £716 3
2014£91,5002
2013£89,750 £1,513 2
2012£81,750 £2,005 2
2011£105,800 £1,549 5
2010£96,333 £1,844 3
2009£108,000 £1,800 2
2008£111,238 £1,616 4
2007£114,675 £1,025 4
2006£132,500 £2,458 3
2005£128,990 £2,232 5
2004£118,4005
2003£89,660 £905 5
2002£38,475 £358 2
2001£65,500 £569 4
2000£35,000 £753 2
1999£25,667 £386 3
1996£19,0001
1995£45,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£242,5002
2023£265,0001
2022£495,000 £21,140 2
2021£167,045 £1,515 11
2019£165,875 £10,848 4
2018£165,000 £886 6
2017£116,310 £479 5
2016£65,0003

House Type in HR5 3AY area

The most common house types in the HR5 3AY postcode area are Terraced (51), Semi-detached (48), and Detached (23).

Total139
Terraced51
Semi-detached48
Detached23
Flat13
Shared house2
converted building1
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright48
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency29
Social rented: Other social rented22
Shared ownership: Shared ownership5
Private rented: Other private rented3
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the HR5 3AY have 1 person in household (59), and 2 people in household (45).

1 person in household59
2 people in household45
3 people in household17
4 people in household9
5 people in household5
8 or more people in household2
6 people in household1
0 people in household0
7 people in household0