House Prices in SA31 House Prices in SA31 (Carmarthen)

The average house price in SA31 (Carmarthen) is £171,590 using HM Land Registry data.

The average property price increased by £55,546 (26.75%) over the last 5 years and increased by £11,104 (4.02%) over the last 12 months.

Over the last year, there were 176 residential property sales – a decrease of 66 transactions (-37.50%) relative to the previous year. The majority of house sales (41) were in the £100,000 - £146,000 range. Then came properties in the £146,000 - £192,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,292 (-3%).

In June 2024, there were 23 new estate agency instructions, 12 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in SA31 (Carmarthen)

26.75%

Property prices in Carmarthen increased by 26.75% 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 SA31 (Carmarthen) Over the Last Year

4.02%

Property prices in Carmarthen increased by 4.02% 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 SA31 (Carmarthen) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 SA31 (Carmarthen)

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 SA31 (Carmarthen)

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 SA31 (Carmarthen)

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 SA31 (Carmarthen) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SA31 postcode area since 1995.

Recent Sales in SA31 (Carmarthen)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
The Old Cotton Stores, Heol Salem, Johnstown, Carmarthen, Carmarthenshire, SA31 3HT£125,000£125,000£0003 Jan 202407 May 2024125 Days
2c, Glantawelan, Johnstown, Carmarthen, Carmarthenshire, SA31 3JA£229,000£180,000-£49,00019 Jul 202303 May 2024289 Days
51 Bron Y Dre, Tregynwr, Carmarthen, Carmarthenshire, SA31 2DX£115,000£95,000-£20,00029 Dec 202319 Apr 2024112 Days
5 Maes Y Wennol, Carmarthen, Carmarthenshire, SA31 3EA£300,000£280,000-£20,00028 Oct 202319 Apr 2024174 Days
50 Allt Ioan, Johnstown, Carmarthen, Carmarthenshire, SA31 3SB£290,000£280,000-£10,00020 Sep 202318 Apr 2024211 Days
31 Myrddin Crescent, Carmarthen, Carmarthenshire, SA31 1DX£265,000£263,000-£2,00020 Dec 202312 Apr 2024114 Days
58 Parcmaen Street, Carmarthen, Carmarthenshire, SA31 3DR£140,000£125,000-£15,00014 Jul 202312 Apr 2024273 Days
45 Hafod Cwnin, Carmarthen, Carmarthenshire, SA31 2AT£180,000£167,500-£12,50021 Dec 202312 Apr 2024113 Days
Millstream Cottage, Millbrook Crescent, Carmarthen, Carmarthenshire, SA31 3DT£250,000£225,000-£25,00011 Sep 202325 Mar 2024196 Days
69 Heol Rudd, Carmarthen, Carmarthenshire, SA31 1ST£135,000£125,000-£10,00023 Oct 202309 Feb 2024109 Days
35 Waterloo Terrace, Carmarthen, Carmarthenshire, SA31 1DG£90,000£87,500-£2,50012 Sep 202309 Feb 2024150 Days
8 Plas Ystrad, Johnstown, Carmarthen, Carmarthenshire, SA31 3PH£140,000£138,000-£2,00009 Jun 202309 Feb 2024245 Days
7 Oak Terrace, Carmarthen, Carmarthenshire, SA31 1NX£225,000£225,000£0031 Aug 202309 Feb 2024162 Days
Glan Hafren, Heol Nantyglasdwr, Cwmffrwd, Carmarthen, Carmarthenshire, SA31 2LU£425,000£200,000-£225,00008 Aug 202303 Feb 2024179 Days
13 Myrddin Crescent, Carmarthen, Carmarthenshire, SA31 1DX£270,000£265,000-£5,00013 Oct 202329 Jan 2024108 Days
8 The Avenue, Carmarthen, Carmarthenshire, SA31 1LX£250,000£230,000-£20,00023 Aug 202329 Jan 2024159 Days
13 St Catherine Street, Carmarthen, Carmarthenshire, SA31 1RE£100,000£90,000-£10,00019 Jul 202319 Jan 2024184 Days
15 Hafod Elfed, Carmarthen, Carmarthenshire, SA31 1TD£145,000£141,500-£3,50009 Aug 202319 Jan 2024163 Days
30 Richmond Terrace, Carmarthen, Carmarthenshire, SA31 1HE£125,000£115,000-£10,00014 Jun 202315 Dec 2023184 Days
83 Abergwili Road, Carmarthen, Carmarthenshire, SA31 2HJ£300,000£280,000-£20,00019 Aug 202312 Dec 2023115 Days

Most Expensive Streets in SA31 (Carmarthen)

PostcodeStreetAreaAverageNo. of Sales
SA31 2JZMount Pleasant, LlangunnorCarmarthen£465,0005
SA31 3BUPenllwyn ParkCarmarthen£433,0003
SA31 2DFParc Y NeuaddCarmarthen£386,7857
SA31 3RNLlanllwchCarmarthen£366,6663
SA31 3BXPicton TerraceCarmarthen£365,8333
SA31 2LRMaesglasnant, CwmffrwdCarmarthen£353,4287
SA31 2AHMostyn AvenueCarmarthen£345,0003
SA31 2APBronwydd RoadCarmarthen£335,5004
SA31 2NWPenymorfa LaneCarmarthen£322,2005
SA31 3GHLlwyn Yr EosCarmarthen£320,4005

Least Expensive Streets in SA31 (Carmarthen)

PostcodeStreetAreaAverageNo. of Sales
SA31 1LYThe ParadeCarmarthen£66,19118
SA31 2EAY Talar, TregynwrCarmarthen£77,6663
SA31 1HQRichmond TerraceCarmarthen£82,6663
SA31 1NNPriory StreetCarmarthen£85,1005
SA31 1NUPriory StreetCarmarthen£86,7205
SA31 1JABelvedere AvenueCarmarthen£90,0003
SA31 1LQSpilman StreetCarmarthen£95,5004
SA31 1ERLittle Water StreetCarmarthen£97,0559
SA31 3HFBro MyrddinCarmarthen£97,7504
SA31 1NEPriory StreetCarmarthen£98,0005

Explore SA31 (Carmarthen) using map