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House Prices in LD1 House Prices in LD1 (Llandrindod Wells)

The average house price in LD1 (Llandrindod Wells) is £170,833 using HM Land Registry data.

The average property price increased by £75,205 (25.69%) over the last 5 years and increased by £15,034 (3.88%) over the last 12 months.

Over the last year, there were 87 residential property sales – a decrease of 72 transactions (-82.76%) relative to the previous year. The majority of house sales (20) were in the £146,000 - £202,000 range. Then came properties in the £202,000 - £258,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 111 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,303 (-4%).

In June 2024, there were 29 new estate agency instructions, 19 agreed home sales and 17 property price reductions.

Nearby Postcodes: HR3, HR5, HR6, LD2, LD3, LD4, LD5, LD6, LD7, LD8, SY15, SY16, SY17, SY18, SY19, SY21, SY23, SY25, SY7

5-Year Average Property Prices in LD1 (Llandrindod Wells)

25.69%

Property prices in Llandrindod Wells increased by 25.69% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LD1 (Llandrindod Wells) Over the Last Year

3.88%

Property prices in Llandrindod Wells increased by 3.88% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LD1 (Llandrindod Wells) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LD1 (Llandrindod Wells)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LD1 (Llandrindod Wells)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LD1 (Llandrindod Wells)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LD1 (Llandrindod Wells) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LD1 postcode area since 1995.

Recent Sales in LD1 (Llandrindod Wells)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Tudor House, Broadway, Llandrindod Wells, Powys, LD1 5HT£375,000£350,000-£25,00009 Mar 202319 Apr 2024407 Days
Gingerbread House, Tremont Road, Llandrindod Wells, Powys, LD1 5BN£150,000£148,000-£2,00010 Nov 202319 Apr 2024161 Days
6 Lon Cwm, Llandrindod Wells, Powys, LD1 6BE£160,000£153,500-£6,50021 Sep 202308 Apr 2024200 Days
1 Hillcrest Rise, Llandrindod Wells, Powys, LD1 6BN£235,000£230,000-£5,00023 Aug 202326 Feb 2024187 Days
Glaslyn, Tremont Road, Llandrindod Wells, Powys, LD1 5EB£270,000£265,000-£5,00026 May 202313 Feb 2024263 Days
Guidfa Ridge, Rock Road, Crossgates, Llandrindod Wells, Powys, LD1 6RR£230,000£230,000£0029 Aug 202331 Jan 2024155 Days
Gwenfron, Tremont Road, Llandrindod Wells, Powys, LD1 5EB£285,000£274,000-£11,00002 Sep 202319 Jan 2024139 Days
Trefnant, Cefnllys Lane, Llandrindod Wells, Powys, LD1 5LE£350,000£345,000-£5,00003 Oct 202315 Dec 202373 Days
7 Clos Y Berllan, Newbridge On Wye, Llandrindod Wells, Powys, LD1 6LZ£295,000£288,000-£7,00027 Jul 202314 Dec 2023140 Days
39 Lant Avenue, Llandrindod Wells, Powys, LD1 5EF£180,000£172,000-£8,00011 Apr 202301 Dec 2023234 Days
Quarter Green, Cefnllys Lane, Llandrindod Wells, Powys, LD1 5LE£375,000£365,000-£10,00023 Aug 202329 Nov 202398 Days
4 Gorse Farm Estate, Llandrindod Wells, Powys, LD1 5SH£300,000£280,000-£20,00020 Jun 202327 Nov 2023160 Days
7 Cortay Park, Llanyre, Llandrindod Wells, Powys, LD1 6DT£235,000£232,500-£2,50004 May 202323 Nov 2023203 Days
Penn Lodge, Temple Street, Llandrindod Wells, Powys, LD1 5HF£170,000£170,000£0007 Jun 202331 Oct 2023146 Days
18 Pentrosfa Road, Llandrindod Wells, Powys, LD1 5NL£215,000£180,000-£35,00008 Sep 202327 Oct 202349 Days
Greenacres, Western Promenade, Llandrindod Wells, Powys, LD1 5LY£275,000£275,000£0020 Jun 202312 Oct 2023114 Days
Greentiles, Grosvenor Close, Llandrindod Wells, Powys, LD1 5NE£215,000£210,000-£5,00002 Jun 202306 Oct 2023126 Days
Buriton House, Oxford Road, Llandrindod Wells, Powys, LD1 6AH£190,000£185,000-£5,00029 Mar 202315 Aug 2023139 Days
Kinnoull, Almond Avenue, Llandrindod Wells, Powys, LD1 6DH£200,000£168,727-£31,27328 Sep 202215 Aug 2023321 Days
Craig Y Nos, Craig Road, Llandrindod Wells, Powys, LD1 5HS£260,000£260,000£0005 Sep 202214 Aug 2023343 Days

Most Expensive Streets in LD1 (Llandrindod Wells)

PostcodeStreetAreaAverageNo. of Sales
LD1 6SRLlanbister RoadLlandrindod Wells£465,0003
LD1 6EHNantmelLlandrindod Wells£442,5003
LD1 6AXRock House CourtLlandrindod Wells£397,2504
LD1 5SFCregrinaLlandrindod Wells£395,0003
LD1 5SEGlascwmLlandrindod Wells£387,5004
LD1 6PHAbbeycwmhirLlandrindod Wells£381,4005
LD1 5LECefnllys LaneLlandrindod Wells£362,1427
LD1 5UFLlandegleyLlandrindod Wells£347,0003
LD1 6ENTy Seren, NantmelLlandrindod Wells£341,1254
LD1 6PDNant GlasLlandrindod Wells£340,7504

Least Expensive Streets in LD1 (Llandrindod Wells)

PostcodeStreetAreaAverageNo. of Sales
LD1 6AGYstrad, High Street, Llandrindod WellsLlandrindod Wells£61,42321
LD1 5HGSorrento, Temple Street, Llandrindod WellsLlandrindod Wells£67,10714
LD1 5DPTemple StreetLlandrindod Wells£68,3624
LD1 6AYGranville, Park TerraceLlandrindod Wells£71,5004
LD1 5HUSunnycroft, Princes AvenueLlandrindod Wells£72,0003
LD1 6AUSouth Court, Park TerraceLlandrindod Wells£73,6258
LD1 5LUOrielton, Temple DriveLlandrindod Wells£74,0005
LD1 5EYSpa RoadLlandrindod Wells£89,0717
LD1 6PEBrookland MewsLlandrindod Wells£92,1666
LD1 5HFTemple StreetLlandrindod Wells£93,71816

Explore LD1 (Llandrindod Wells) using map

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