HR2 8BN is a residential postcode situated on Grafton Lane, Grafton, Hereford, HR2 with 12 addresses.
It ranks as the 745th largest and 203rd most expensive of the 1,276 postcodes in the HR2 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 10 houses and 2 flats.
HR2 8BN is a residential postcode situated on Grafton Lane, Grafton, Hereford, HR2 with 12 addresses.
It ranks as the 745th largest and 203rd most expensive of the 1,276 postcodes in the HR2 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 10 houses and 2 flats.
Sale prices range from £112,918 for 2 bedroom Leasehold flats (538 ft2) to £255,029 for 3 bedroom freehold houses with a garden (959 ft2) .
Monthly rental prices range from £644 pcm for 2 bed flats to £1,165 pcm for 3 bed houses.
The gross rental yield is between 5.0% and 6.8%.
The average value per square foot is £337.
The last sale in HR2 8BN sold for £145,000 on 29th May 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £194,242.
The HR2 8BN Sales Market has increased by 39.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.5% | £194,242 |
| April 2025 | 2.4% | £195,236 |
| April 2024 | -1.3% | £190,726 |
| April 2023 | 4.9% | £193,153 |
| April 2022 | 11.4% | £184,203 |
| April 2021 | 6.1% | £165,283 |
| April 2020 | 1.1% | £155,786 |
| April 2019 | 3.9% | £154,152 |
| April 2018 | 3.6% | £148,423 |
| April 2017 | 3.2% | £143,231 |
| April 2016 | 1.1% | £138,828 |
| April 2015 | 3% | £137,274 |
| April 2014 | 5.9% | £133,300 |
| April 2013 | 1% | £125,872 |
| April 2012 | -2.1% | £124,586 |
| April 2011 | 1.1% | £127,233 |
| April 2010 | 5% | £125,892 |
| April 2009 | -11.2% | £119,857 |
| April 2008 | -0.9% | £135,015 |
| April 2007 | 0% | £136,198 |
The current average rental value in the postcode is £871.
The HR2 8BN Rental Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.4% | £871pcm |
| April 2025 | 3.1% | £834pcm |
| April 2024 | 9.3% | £809pcm |
| April 2023 | 3.6% | £740pcm |
| April 2022 | 10.9% | £714pcm |
| April 2021 | 4% | £644pcm |
| April 2020 | 1% | £619pcm |
| April 2019 | -0.2% | £613pcm |
| April 2018 | 1.5% | £614pcm |
| April 2017 | 2% | £605pcm |
| April 2016 | 6.2% | £593pcm |
| April 2015 | 3.5% | £559pcm |
| April 2014 | 0% | £540pcm |
| April 2013 | 1.9% | £540pcm |
| April 2012 | 0.2% | £530pcm |
| April 2011 | 1.9% | £528pcm |
| April 2010 | 6.1% | £519pcm |
| April 2009 | -5.3% | £489pcm |
| April 2008 | 5% | £516pcm |
| April 2007 | 0% | £491pcm |
The last sale was on 29th May 2025 for £145,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 20 sales since 1995.
HR2 8BN has seen 2 sales in the last three years and no sales in the last twelve months.
HR2 8BN is the 745th largest and the 203rd most expensive postcode out of the 1,276 postcodes in the HR2 area.
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The closest station to HR2 8BN is Hereford station which is 4.0 kilometres away.
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