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House Prices in SY15

The average house price in SY15 (Montgomery) is £280,000 using HM Land Registry data.

The average property price increased by £22,327 (11.73%) over the last 5 years and increased by £4,474 (1.96%) over the last 12 months.

Over the last year, there were 49 residential property sales – a decrease of 9 transactions (-18.37%) relative to the previous year. The majority of house sales (14) were in the £150,000 - £216,000 range. Then came properties in the £216,000 - £282,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 172 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,142 (-1%).

In Oct 24, there were 6 new estate agency instructions, 10 agreed home sales and 1 property price reductions.

5-Year Average Property Prices in SY15 (Montgomery)

11.73%

Property prices in Montgomery increased by 11.73% 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 SY15 (Montgomery) Over the Last Year

1.96%

Property prices in Montgomery increased by 1.96% 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.

Property Market Heat Gauge for SY15 (Montgomery) - Oct 24

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 SY15 (Montgomery)

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 SY15 (Montgomery)

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 SY15 (Montgomery)

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 SY15 (Montgomery) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY15 postcode area since 1995.

Recent Sales in SY15 (Montgomery)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
9 Dol Y Felin, Abermule, Montgomery, Powys, SY15 6BB	£315,000	£310,000	-£5,000	23 Mar 2023	14 Jun 2024	449 Days
7 Harrison Drive, Caerhowel, Montgomery, Powys, SY15 6JB	£340,000	£327,500	-£12,500	31 Aug 2023	15 Mar 2024	197 Days
Hafod, Chirbury Road, Montgomery, Powys, SY15 6QP	£575,000	£560,000	-£15,000	16 Jun 2023	21 Feb 2024	250 Days
96 Dol Y Felin, Abermule, Montgomery, Powys, SY15 6BB	£235,000	£231,000	-£4,000	11 Jul 2023	10 Jan 2024	183 Days
17 Nant Y Felin, Abermule, Montgomery, Powys, SY15 6NQ	£295,000	£290,000	-£5,000	14 Aug 2023	20 Dec 2023	128 Days
37 Cae Coed, Church Stoke, Montgomery, Powys, SY15 6AP	£220,000	£209,000	-£11,000	26 Jun 2023	15 Dec 2023	172 Days
25 Court Close, Abermule, Montgomery, Powys, SY15 6NU	£197,500	£197,000	-£500	14 Sep 2023	08 Dec 2023	85 Days
24 Maldwyn Way, Montgomery, Powys, SY15 6RD	£300,000	£290,000	-£10,000	17 Mar 2023	15 Nov 2023	243 Days
28 Maldwyn Way, Montgomery, Powys, SY15 6RD	£250,000	£230,000	-£20,000	09 May 2023	02 Oct 2023	146 Days
Bank Cottage, Kerry Road, Montgomery, Powys, SY15 6PD	£180,000	£175,000	-£5,000	28 Dec 2022	25 Sep 2023	271 Days
22 Cae Coed, Church Stoke, Montgomery, Powys, SY15 6AP	£285,000	£280,000	-£5,000	05 May 2023	08 Sep 2023	126 Days
1 Tan Y Mur, Montgomery, Powys, SY15 6PR	£245,000	£235,000	-£10,000	19 Jun 2023	07 Sep 2023	80 Days
21 Fir Court Avenue, Church Stoke, Montgomery, Powys, SY15 6BA	£120,000	£120,000	£00	25 May 2023	05 Sep 2023	103 Days
4 Hendomen Drive, Montgomery, Powys, SY15 6RB	£185,000	£183,000	-£2,000	06 Dec 2022	29 Aug 2023	266 Days
32 Court Close, Abermule, Montgomery, Powys, SY15 6NU	£235,000	£232,000	-£3,000	03 Jan 2023	09 Jun 2023	157 Days
45 Fir Court Drive, Churchstoke, Montgomery, Powys, SY15 6AZ	£299,950	£299,950	£00	23 Feb 2023	05 May 2023	71 Days
25 Fir Court Drive, Churchstoke, Montgomery, Powys, SY15 6AZ	£325,000	£310,000	-£15,000	30 Nov 2022	26 Apr 2023	147 Days
29 Mortimer Road, Montgomery, Powys, SY15 6UP	£235,000	£235,000	£00	16 Mar 2023	05 Apr 2023	20 Days
2 Ernley Drive, Montgomery, Powys, SY15 6UR	£380,000	£380,000	£00	18 Jan 2023	30 Mar 2023	71 Days
8 Verlon Close, Montgomery, Powys, SY15 6SH	£165,000	£165,000	£00	08 Dec 2022	24 Mar 2023	106 Days

Most Expensive Streets in SY15 (Montgomery)

Postcode	Street	Area	Average	No. of Sales
SY15 6DU	Church Stoke	Montgomery	£730,833	3
SY15 6AT	Hyssington	Montgomery	£408,428	7
SY15 6SU	Pentre	Montgomery	£401,666	3
SY15 6EN	Church Stoke	Montgomery	£330,954	11
SY15 6UP	Ernley Drive	Montgomery	£313,444	18
SY15 6NL	Abermule	Montgomery	£306,000	4
SY15 6SB	Fron	Montgomery	£296,666	3
SY15 6AZ	Fir Court Drive, Churchstoke	Montgomery	£280,938	9
SY15 6RW	Garthmyl	Montgomery	£276,666	3
SY15 6NU	Court Close, Abermule	Montgomery	£273,333	6

Least Expensive Streets in SY15 (Montgomery)

Postcode	Street	Area	Average	No. of Sales
SY15 6SH	Verlon Close	Montgomery	£132,200	5
SY15 6QZ	Chapel Place	Montgomery	£153,000	3
SY15 6LG	Brooklyn, Llandyssil	Montgomery	£165,833	3
SY15 6QE	Plough Bank	Montgomery	£175,875	4
SY15 6RD	Maldwyn Way	Montgomery	£176,625	8
SY15 6QR	Gaol Road	Montgomery	£179,333	3
SY15 6JS	Long Meadow, Abermule	Montgomery	£189,700	15
SY15 6BA	Fir Court Mews, Church Stoke	Montgomery	£189,943	9
SY15 6PR	Tan Y Mur	Montgomery	£203,892	7
SY15 6PD	Kerry Road	Montgomery	£217,333	3