Hereford Property Investment Hotspot

Thinking of moving to Hereford? Whether you’re starting a family, planning an investment or beginning higher education, here is what the city has to offer.

House Prices  🏠

• Most expensive property: £775,000
• Average house price in city: £190,907
• Cheapest property: Leasehold flat £107,500.

Property Investment  🏠 🏠

• Hereford is the country town of Herefordshire, which at less than 200,000 inhabitants is one of the smallest populations of all counties in the region
• The county as a whole has the potential for a 10% increase in the number of available jobs, according to government figures, and the majority of these are expected to be found in Hereford City
• As part of a Regional Spatial Strategy, more than 10,000 new homes are scheduled to be built in Hereford alone by the year 2026.

Economy  ££

• Herefordshire is the world’s capital for cider production, with cider-makers Bulmers within the city boundaries
• Less well-known are probably the heavier industries of nickel alloy manufacturers, Special Metals Wiggin Ltd, and steel tower manufacturers, Painter Brothers
• A major employer is Cargill Meats, food processors and suppliers to retailers and other food industries.

Location and Transport  🚌          

• Hereford is just 16 miles to the east of the mid-Wales border, and road connections are by “A” trunk roads
• The mainline station of Hereford Barrs Court serves Cardiff and South Wales, Birmingham, Worcester, Manchester and London
• A second station, Hereford Barton has recently been redeveloped and a third is planned at the Rotherwas Enterprise Zone on the outskirts of the city. 

Education  🎓  

• In September 2017, Hereford is to see the first new university to be opened in the UK for 30 years – it is called the New Model In Technology & Engineering, Hereford
• Hereford has the largest centre for the training of blacksmiths in the whole of Europe, the National School of Blacksmithing
• The city’s many secondary schools also include the independent Hereford Cathedral School.

Environment  🌷

• The most notable and extensive open space in the city is Bishops Meadow, which runs along the banks of the River Wye, with a footbridge across it to Castle Green and Castle Pool
• Bishops Meadow also has a putting green, a rounders pitch and tennis courts.

Trivia  🎬

Finally, did you know …

• In 1992, football team Hereford United had the most players sent off during a single match. Even with just 7 men, they managed a 1 – 1 draw
• These days most firmly a city in England, back in 1189, Richard I described it as “Hereford in Wales”
• In the 14^th century babies there were baptised in cider, since it was generally cleaner than water.