HR2 8RG is a residential postcode situated on Fairview, Garway, Hereford, HR2 with 16 addresses.
It ranks as the 880th largest and 427th most expensive of the 1,276 postcodes in the HR2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 16 properties: 12 houses and 4 flats.
HR2 8RG is a residential postcode situated on Fairview, Garway, Hereford, HR2 with 16 addresses.
It ranks as the 880th largest and 427th most expensive of the 1,276 postcodes in the HR2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 16 properties: 12 houses and 4 flats.
Sale prices range from £103,956 for 2 bedroom Leasehold flats (527 ft2) to £372,431 for 4 bedroom freehold houses with a garden (1,356 ft2) .
Monthly rental prices range from £638 pcm for 2 bed flats to £1,236 pcm for 4 bed houses.
The gross rental yield is between 3.8% and 7.4%.
The average value per square foot is £222.
The last sale in HR2 8RG sold for £260,000 on 11th June 2024. Since then prices are down an average of 2.3%.
The current average value in the postcode is £227,471.
The HR2 8RG Sales Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £227,471 |
| April 2025 | 0.6% | £232,647 |
| April 2024 | -1.4% | £231,374 |
| April 2023 | 5% | £234,581 |
| April 2022 | 11.3% | £223,392 |
| April 2021 | 6.6% | £200,639 |
| April 2020 | 2.9% | £188,256 |
| April 2019 | 3.3% | £182,920 |
| April 2018 | 3.6% | £177,118 |
| April 2017 | 4.4% | £171,044 |
| April 2016 | 2.9% | £163,885 |
| April 2015 | 2.8% | £159,266 |
| April 2014 | 4.3% | £154,875 |
| April 2013 | 1.1% | £148,534 |
| April 2012 | -1.6% | £146,888 |
| April 2011 | 1.3% | £149,263 |
| April 2010 | 3.1% | £147,374 |
| April 2009 | -9.9% | £142,890 |
| April 2008 | 0.5% | £158,536 |
| April 2007 | 0% | £157,799 |
The current average rental value in the postcode is £1,016.
The HR2 8RG Rental Market has increased by 49.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,016pcm |
| April 2025 | 3.2% | £992pcm |
| April 2024 | 9.1% | £961pcm |
| April 2023 | 4.7% | £881pcm |
| April 2022 | 10.1% | £841pcm |
| April 2021 | 5.4% | £764pcm |
| April 2020 | 1.5% | £725pcm |
| April 2019 | 1.4% | £714pcm |
| April 2018 | 1.3% | £704pcm |
| April 2017 | 2.5% | £695pcm |
| April 2016 | 5.3% | £679pcm |
| April 2015 | 2.9% | £645pcm |
| April 2014 | 0.8% | £626pcm |
| April 2013 | 2.8% | £622pcm |
| April 2012 | 0.1% | £604pcm |
| April 2011 | 2.6% | £604pcm |
| April 2010 | 3.8% | £588pcm |
| April 2009 | -6.2% | £567pcm |
| April 2008 | 5.7% | £604pcm |
| April 2007 | 0% | £571pcm |
The last sale was on 11th June 2024 for £260,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 13 sales since 1995.
HR2 8RG has seen 2 sales in the last three years and no sales in the last twelve months.
HR2 8RG is the 880th largest and the 427th most expensive postcode out of the 1,276 postcodes in the HR2 area.
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The closest station to HR2 8RG is Abergavenny station which is 18.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around HR2 8RG, 59.1% of property is privately owned outright and 26.3% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around HR2 8RG, 17.8% of residents are recorded as possessing school level qualifications and 42.6% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around HR2 8RG, the average age was 45 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around HR2 8RG, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around HR2 8RG, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.