Housing Market Analysis for OAK CLOSE, HR7 4LJ

Are you looking to understand HR7 4LJ 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 HR7 4LJ area, explore the HR7 4LJ Area information page.
For comprehensive crime statistics in the HR7 4LJ area, explore the HR7 4LJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the HR7 4LJ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £136,931 median price is £160,750 Standard Deviation is £64,256 with Total Sold: 16
- The Last 5 Year average price is £222,000 with Total Sold: 2
- The most recent sale happened at this postcode is 12 OAK CLOSE: £199,000 (Sold on 17 Nov 2023)
- The first recorded sale happened at this postcode is 12 OAK CLOSE: £59,500 (Sold on 06 Jun 1997)
Detached
- The average price is around £177,709 median price is £206,250 Standard Deviation is £76,015 with Total Sold: 28
- The Last 5 Year average price is £275,483 with Total Sold: 3
- The most recent sale happened at this postcode is 15 OAK CLOSE: £308,000 (Sold on 20 Aug 2021)
- The first recorded sale happened at this postcode is 7 OAK CLOSE: £229,950 (Sold on 15 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average HR7 4LJ 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£199,000	£3,187	1
2022	£245,000	£4,455	1
2017	£169,950	£3,207	1
2016	£165,000	£3,113	1
2014	£162,000	£3,072	1
2013	£149,500	£2,718	1
2011	£159,500	£3,024	1
2009	£165,000		1
2006	£240,000		1
2005	£171,000	£3,109	1
1998	£64,000	£1,214	1
1997	£60,190	£1,123	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£298,250	£2,826	2
2018	£248,500	£3,068	1
2017	£196,000	£3,113	2
2016	£245,500	£2,695	2
2015	£239,167	£2,522	3
2013	£145,000	£2,589	1
2010	£250,000	£2,416	2
2006	£230,000	£2,212	1
2003	£220,000	£3,188	1
2002	£192,500	£1,851	1
1999	£104,750	£1,043	2
1997	£89,267	£1,002	9
2024	£229,950	£4,106	1

All the Sales in the OAK CLOSE, HR7 4LJ

See the table below for more details on the sold house prices in the HR7 4LJ, Herefordshire, County of postcode.

Address	Sold Date	Price	% Change
12 OAK CLOSESemi-Detached, FreeholdArea: 62.45 Sq.mtrAge: 1996-2002	17 Nov 2023	£199,000	234.45%
	06 Jun 1997	£59,500	First Sale
14 OAK CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1996-2002	30 May 2022	£245,000	63.88%
	24 Apr 2013	£149,500	-12.57%
	01 Jun 2005	£171,000	First Sale
15 OAK CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1996-2002	20 Aug 2021	£308,000	205.10%
	29 Aug 1997	£100,950	First Sale
18 OAK CLOSEDetached, FreeholdArea: 101.17 Sq.mtrAge: 1996-2002	19 Mar 2021	£288,500	16.57%
	12 Jun 2015	£247,500	161.90%
	29 Aug 1997	£94,500	First Sale
19 OAK CLOSEDetached, FreeholdArea: 81 Sq.mtrAge: 1996-2002	22 Jun 2018	£248,500	5.30%
	15 Jun 2016	£236,000	7.27%
	27 Aug 2015	£220,000	160.36%
	13 Aug 1999	£84,500	6.29%
	15 Aug 1997	£79,500	First Sale
7 OAK CLOSEDetached, FreeholdArea: 56 Sq.mtrAge: 1996-2002	13 Dec 2017	£162,000	11.72%
	18 Apr 2013	£145,000	126.56%
	31 Oct 1997	£64,000	-72.17%
	15 Feb 2024	£229,950	First Sale
8 OAK CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1996-2002	07 Aug 2017	£169,950	183.49%
	30 Jun 1997	£59,950	First Sale
2 OAK CLOSEDetached, FreeholdArea: 69 Sq.mtrAge: 1996-2002	02 May 2017	£230,000	4.55%
	16 Dec 2003	£220,000	153.60%
	29 Oct 1997	£86,750	First Sale
20 OAK CLOSEDetached, FreeholdArea: 103 Sq.mtrAge: 1996-2002	03 Oct 2016	£255,000	2.00%
	01 Feb 2010	£250,000	163.85%
	15 Aug 1997	£94,750	First Sale
6 OAK CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1996-2002	26 Aug 2016	£165,000	177.31%
	29 Aug 1997	£59,500	First Sale
1 OAK CLOSEDetached, FreeholdArea: 104 Sq.mtrAge: 1996-2002	20 Feb 2015	£250,000	0.0
	04 Jun 2010	£250,000	8.70%
	29 Jun 2006	£230,000	19.48%
	29 Nov 2002	£192,500	71.88%
	15 Dec 1997	£112,000	First Sale
3 OAK CLOSESemi-Detached, FreeholdArea: 52.74 Sq.mtrAge: 1996-2002	06 Nov 2014	£162,000	1.57%
	14 Dec 2011	£159,500	149.22%
	06 Feb 1998	£64,000	First Sale
4 OAK CLOSESemi-Detached, Freehold	16 Oct 2009	£165,000	First Sale
10 OAK CLOSESemi-Detached, Freehold	27 Jul 2006	£240,000	First Sale
17 OAK CLOSEDetached, Freehold	15 Dec 1999	£125,000	152.53%
17 OAK CLOSEDetached, Freehold	29 Aug 1997	£49,500	First Sale
5 OAK CLOSEDetached, Freehold	26 Sep 1997	£89,950	First Sale
16 OAK CLOSEDetached, FreeholdArea: 103 Sq.mtrAge: 1996-2002	29 Aug 1997	£95,500	First Sale
9 OAK CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1996-2002	18 Jun 1997	£58,000	First Sale

Check out the sold house prices near the HR7 4LJ postcode. Properties currently for saleProperties currently for rent

OAK CLOSE, HR7 4LJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the HR7 4LJ 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 HR7 4LJ postcode.

Semi-Detached
- The average price is around £147,115 median price is £152,000 Standard Deviation is £71,952 with Total Sold: 447
- The Last 5 Year average price is £228,044 with Total Sold: 91
- The most recent sale happened at this postcode is , 20 LOWER WESTFIELDS: £288,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 136 WINSLOW ROAD: £53,000 (Sold on 31 Mar 1995)
Detached
- The average price is around £201,071 median price is £195,000 Standard Deviation is £98,037 with Total Sold: 569
- The Last 5 Year average price is £307,910 with Total Sold: 100
- The most recent sale happened at this postcode is , APPLEBY LITTLE HEREFORD STREET: £385,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 4 STONEHILL CLOSE: £108,750 (Sold on 27 Jan 1995)
Terraced
- The average price is around £119,711 median price is £125,500 Standard Deviation is £55,095 with Total Sold: 369
- The Last 5 Year average price is £184,701 with Total Sold: 59
- The most recent sale happened at this postcode is , 14 THE TANYARD: £165,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 27 YORK ROAD: £39,000 (Sold on 12 May 1995)
Flat
- The average price is around £92,334 median price is £85,000 Standard Deviation is £29,148 with Total Sold: 75
- The Last 5 Year average price is £98,944 with Total Sold: 9
- The most recent sale happened at this postcode is 1, BLACKSMITHS COURT LITTLE HEREFORD STREET: £118,000 (Sold on 11 Jan 2023)
- The first recorded sale happened at this postcode is 2, BLACKSMITHS COURT LITTLE HEREFORD STREET: £36,000 (Sold on 06 Jan 1995)
Other
- The average price is around £144,853 median price is £114,400 Standard Deviation is £102,858 with Total Sold: 15
- The Last 5 Year average price is £164,288 with Total Sold: 8
- The most recent sale happened at this postcode is 2, DOUGLAS COTTAGE FIRS LANE: £202,500 (Sold on 16 Apr 2021)
- The first recorded sale happened at this postcode is , THE BUNGALOW FIRS LANE: £58,000 (Sold on 16 May 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£266,000	£3,654	6
2023	£247,067	£3,011	15
2022	£249,867	£2,956	15
2021	£226,812	£2,337	24
2020	£197,125	£2,352	20
2019	£210,545	£2,364	11
2018	£197,206	£2,540	17
2017	£162,297	£2,215	15
2016	£177,850	£1,985	17
2015	£181,400	£1,737	15
2014	£169,972	£1,950	18
2013	£164,083	£1,836	12
2012	£159,450	£2,111	10
2011	£152,571	£1,901	14
2010	£147,905	£1,728	11
2009	£148,857	£1,516	7
2008	£170,500	£2,016	7
2007	£169,903	£2,121	18
2006	£161,762	£1,941	17
2005	£169,871	£1,931	12
2004	£147,000	£1,585	11
2003	£118,538	£1,516	13
2002	£115,623	£1,295	18
2001	£77,783	£997	12
2000	£77,083	£840	18
1999	£60,586	£651	11
1998	£56,790	£790	18
1997	£62,864	£754	21
1996	£56,198	£672	35
1995	£52,549	£635	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£383,095	£3,630	10
2023	£327,223	£3,517	11
2022	£315,833	£3,560	15
2021	£280,548	£2,820	29
2020	£314,056	£2,628	18
2019	£284,368	£2,575	17
2018	£256,812	£2,451	16
2017	£250,615	£2,414	20
2016	£250,552	£2,226	29
2015	£224,093	£2,268	21
2014	£201,633	£2,087	15
2013	£213,643	£2,274	14
2012	£247,845	£2,250	10
2011	£191,818	£2,413	11
2010	£209,210	£2,291	21
2009	£208,917	£2,291	12
2008	£230,500	£2,487	8
2007	£256,472	£2,396	20
2006	£246,763	£2,171	26
2005	£196,842	£1,999	19
2004	£209,411	£2,162	23
2003	£186,731	£1,926	27
2002	£155,583	£1,359	23
2001	£118,170	£1,378	20
2000	£120,405	£1,115	19
1999	£98,405	£882	11
1998	£88,115	£988	23
1997	£89,484	£862	37
1996	£79,350	£826	25
1995	£73,687	£794	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£223,750		4
2023	£194,606	£3,079	9
2022	£184,778	£2,691	9
2021	£187,306	£2,399	16
2020	£156,773	£2,099	11
2019	£186,650	£2,397	10
2018	£156,778	£2,071	9
2017	£157,295	£2,058	11
2016	£160,375	£2,111	8
2015	£145,104	£1,759	14
2014	£144,000	£1,794	11
2013	£131,036	£1,848	11
2012	£119,808	£1,812	12
2011	£131,500	£1,492	7
2010	£133,768	£1,782	11
2009	£129,875	£1,483	4
2008	£155,600	£1,915	10
2007	£140,688	£2,233	16
2006	£139,155	£2,044	19
2005	£129,087	£1,917	31
2004	£127,530	£1,986	15
2003	£94,994	£1,176	9
2002	£75,928	£1,111	14
2001	£70,607	£824	14
2000	£64,112	£965	13
1999	£52,357	£918	13
1998	£47,288	£693	12
1997	£47,327	£728	12
1996	£45,530	£755	22
1995	£43,562	£729	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£118,000	£2,269	1
2022	£107,500	£1,875	4
2021	£115,000		1
2020	£76,250	£1,800	2
2019	£75,000	£1,237	1
2018	£94,000	£1,807	4
2017	£107,475	£1,686	2
2016	£106,500	£1,856	2
2015	£88,125	£1,499	2
2014	£119,750	£1,857	4
2013	£90,000	£1,603	1
2012	£73,333	£1,884	3
2011	£80,000	£1,951	1
2009	£74,324		2
2008	£97,500	£1,844	2
2007	£105,961	£2,114	13
2006	£99,115	£2,134	13
2005	£102,500	£1,993	2
2004	£78,250	£1,934	4
2003	£82,700	£1,843	5
2002	£60,000		1
1999	£34,250	£659	1
1998	£40,000		1
1996	£37,000	£722	2
1995	£36,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£202,500		1
2020	£107,100	£934	3
2019	£197,625	£459	4
2018	£107,833	£1,979	3
2017	£162,500	£882	2
2014	£105,000	£1,056	2

House Type in HR7 4LJ area

The most common house types in the HR7 4LJ postcode area are Detached (83), Semi-detached (23), and Terraced (8).

Total	117
Detached	83
Semi-detached	23
Terraced	8
Flat	1
Shared house	1
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright	58
Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	11
Social rented: Other social rented	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the HR7 4LJ have 2 people in household (47), and 1 person in household (27).

2 people in household	47
1 person in household	27
3 people in household	19
4 people in household	16
5 people in household	6
6 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0