House Prices in SY21 House Prices in SY21 (Welshpool)

The average house price in SY21 (Welshpool) is £241,444 using HM Land Registry data.

The average property price increased by £118,995 (13.78%) over the last 5 years and increased by £23,789 (2.27%) over the last 12 months.

Over the last year, there were 140 residential property sales – a decrease of 48 transactions (-34.29%) relative to the previous year. The majority of house sales (43) were in the £130,000 - £194,000 range. Then came properties in the £194,000 - £258,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,652 (-2%).

In June 2024, there were 47 new estate agency instructions, 34 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in SY21 (Welshpool)

13.78%

Property prices in Welshpool increased by 13.78% 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 SY21 (Welshpool) Over the Last Year

2.27%

Property prices in Welshpool increased by 2.27% 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 SY21 (Welshpool) - 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 SY21 (Welshpool)

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 SY21 (Welshpool)

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 SY21 (Welshpool)

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 SY21 (Welshpool) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY21 postcode area since 1995.

Recent Sales in SY21 (Welshpool)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
69 Bronybuckley, Welshpool, Powys, SY21 7NH£139,950£135,000-£4,95021 Nov 202303 May 2024164 Days
108 Brookfield Road, Welshpool, Powys, SY21 7TG£220,000£220,000£0018 Jan 202401 May 2024104 Days
Delfryn, Watergate Street, Llanfair Caereinion, Welshpool, Powys, SY21 0RE£240,000£230,000-£10,00004 Nov 202318 Apr 2024166 Days
3 Maes Y Granllyn, Guilsfield, Welshpool, Powys, SY21 9PE£325,000£311,000-£14,00020 Jul 202310 Apr 2024265 Days
48 Brynglas, Welshpool, Powys, SY21 7TL£250,000£250,000£0015 Oct 202201 Mar 2024503 Days
115 Brookfield Road, Welshpool, Powys, SY21 7TG£205,000£205,000£0009 Aug 202301 Mar 2024205 Days
30 Maes Y Celyn, Guilsfield, Welshpool, Powys, SY21 9BL£200,000£200,000£0006 Nov 202322 Feb 2024108 Days
36 Parc Caradog, Trewern, Welshpool, Powys, SY21 8DS£175,000£175,000£0024 Oct 202331 Jan 202499 Days
2 Springfields, Forden, Welshpool, Powys, SY21 8LR£175,000£167,000-£8,00028 Feb 202326 Jan 2024332 Days
9 Berriew Road, Welshpool, Powys, SY21 7SS£235,000£235,000£0021 Aug 202326 Jan 2024158 Days
Havenlea, Wesley Street, Llanfair Caereinion, Welshpool, Powys, SY21 0RX£500,000£500,000£0022 Jan 202423 Jan 20241 Days
Gardd Rhosyn, Westwood Road, Welshpool, Powys, SY21 7RG£340,000£200,000-£140,00009 Sep 201512 Jan 20243047 Days
164 Brookfield Road, Welshpool, Powys, SY21 7TQ£180,000£168,000-£12,00030 Aug 202315 Dec 2023107 Days
6 Bluebell Close, Welshpool, Powys, SY21 7NY£150,000£150,000£0021 Jun 202330 Nov 2023162 Days
8 Fairview Avenue, Guilsfield, Welshpool, Powys, SY21 9NE£225,000£215,000-£10,00007 Jun 202330 Nov 2023176 Days
2 Maes Gwyn, Llanfair Caereinion, Welshpool, Powys, SY21 0BD£285,000£275,000-£10,00026 Jul 202329 Nov 2023126 Days
16 Fairview Avenue, Guilsfield, Welshpool, Powys, SY21 9NE£200,000£193,000-£7,00025 Oct 202217 Nov 2023388 Days
28 Clos Bryn Y Ddol, Welshpool, Powys, SY21 7UP£160,000£147,000-£13,00009 Dec 202217 Nov 2023343 Days
7 Redwood Close, Leighton, Welshpool, Powys, SY21 8JH£500,000£490,000-£10,00020 Apr 202314 Nov 2023208 Days
Mona House, Bridge Street, Llanfair Caereinion, Welshpool, Powys, SY21 0RY£149,950£130,000-£19,95008 Dec 202202 Nov 2023329 Days

Most Expensive Streets in SY21 (Welshpool)

PostcodeStreetAreaAverageNo. of Sales
SY21 8ENMiddletownWelshpool£534,0003
SY21 0DWLlanfair CaereinionWelshpool£505,8333
SY21 8BQBerriewWelshpool£477,7504
SY21 8EGTrewernWelshpool£430,0003
SY21 9ASCastle CaereinionWelshpool£429,0003
SY21 8HLLeightonWelshpool£421,0004
SY21 8ESMiddletownWelshpool£417,5004
SY21 8NJWithy Avenue, FordenWelshpool£410,0003
SY21 9PUGuilsfieldWelshpool£401,6586
SY21 9JSSwan Bank, Pool QuayWelshpool£357,5003

Least Expensive Streets in SY21 (Welshpool)

PostcodeStreetAreaAverageNo. of Sales
SY21 7EEPowis Arms YardWelshpool£73,6673
SY21 9BHCoppice Lane, Castle CaereinionWelshpool£99,8334
SY21 7HAAbbey TerraceWelshpool£101,8624
SY21 7LWMount StreetWelshpool£109,0007
SY21 7NHBronybuckleyWelshpool£114,1005
SY21 7RLCoed Y BrynWelshpool£115,0004
SY21 7NLBronybuckleyWelshpool£118,0003
SY21 7UWKerrison DriveWelshpool£119,2374
SY21 0QSHigh Street, Llanfair CaereinionWelshpool£120,8333
SY21 7NFWoodsideWelshpool£121,6663

Explore SY21 (Welshpool) using map