House Prices in SY22 House Prices in SY22 (Llanfechain)

The average house price in SY22 (Llanfechain) is £187,500 using HM Land Registry data.

The average property price increased by £60,972 (28.14%) over the last 5 years and increased by £12,214 (4.19%) over the last 12 months.

Over the last year, there were 80 residential property sales – a decrease of 26 transactions (-32.50%) relative to the previous year. The majority of house sales (21) were in the £188,000 - £236,000 range. Then came properties in the £236,000 - £284,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 169 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,501 (-3%).

In January 2025, there were 12 new estate agency instructions, 23 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in SY22 (Llanfechain)

28.14%

Property prices in SY22 (Llanfechain) increased by 28.14% 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 SY22 (Llanfechain) Over the Last Year

4.19%

Property prices in SY22 (Llanfechain) increased by 4.19% 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 SY22 (Llanfechain) - January 2025

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 SY22 (Llanfechain)

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 SY22 (Llanfechain)

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 SY22 (Llanfechain)

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 SY22 (Llanfechain) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY22 postcode area since 1995.

Recent Sales in SY22 (Llanfechain)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Maes Mechain, Llanfechain, Powys, SY22 6UH£195,000£192,500-£2,50004 Jul 202402 Dec 2024151 Days
4 Barley Meadows, Llanymynech, Shropshire, SY22 6JX£220,000£210,000-£10,00019 Jun 202408 Nov 2024142 Days
Old Rectory Cottage, Rectory Lane, Llanymynech, Shropshire, SY22 6EQ£285,000£285,000£003 May 202408 Nov 2024189 Days
26 Maes Y Dderwen, Llanfyllin, Powys, SY22 5DP£175,000£175,000£010 May 202401 Nov 2024175 Days
11 Maes Myllin, Llanfyllin, Powys, SY22 5DQ£250,000£243,000-£7,00003 May 202430 Oct 2024180 Days
18 Cae Dafydd, Meifod, Powys, SY22 6HF£300,000£295,000-£5,00006 Mar 202401 Oct 2024209 Days
4 Pen Y Maes, Llanfechain, Powys, SY22 6XL£190,000£180,000-£10,00019 Apr 202427 Sep 2024161 Days
1 Maes Uchaf, Llansantffraid, Powys, SY22 6BG£220,000£215,000-£5,00002 Aug 202423 Aug 202421 Days
Brookside, Coed Llan Lane, Llanfyllin, Powys, SY22 5BN£450,000£425,000-£25,00001 Mar 202407 Aug 2024159 Days
1 Vyrnwy Crescent, Four Crosses, Llanymynech, Powys, SY22 6NG£289,000£282,000-£7,00012 Apr 202429 Jul 2024108 Days
10 Cae Robert, Meifod, Powys, SY22 6DY£230,000£227,000-£3,00020 Feb 202415 Jul 2024146 Days
18 Laburnum Meadows, Four Crosses, Llanymynech, Powys, SY22 6QT£300,000£300,000£028 Mar 202412 Jul 2024106 Days
2 Ffordd Spoonley, Llansantffraid, Powys, SY22 6FB£385,000£377,500-£7,50012 Nov 202326 Jun 2024227 Days
5 Maes Derw, Llanfechain, Powys, SY22 6XN£269,000£255,000-£14,00016 Apr 202424 Jun 202469 Days
8 Maes Dinas, Llanfechain, Powys, SY22 6YR£325,000£325,000£019 Mar 202403 Jun 202476 Days
4 Llwyn Y Garth, Llanfyllin, Powys, SY22 5JZ£325,000£305,000-£20,00019 Feb 202431 May 2024102 Days
21 Llys Rhysnant, Four Crosses, Llanymynech, Powys, SY22 6PL£220,000£200,000-£20,00025 Jul 202307 May 2024287 Days
15 Birch Close, Four Crosses, Llanymynech, Powys, SY22 6NH£225,000£210,000-£15,00016 Jun 202326 Apr 2024315 Days
23 Bridge Street, Llanfyllin, Powys, SY22 5AU£110,000£102,000-£8,00017 Nov 202319 Apr 2024154 Days
9 Bronwylfa, Llanymynech, Shropshire, SY22 6HD£215,000£215,000£031 Aug 202305 Apr 2024218 Days

Most Expensive Streets in SY22 (Llanfechain)

PostcodeStreetAreaAverageNo. of Sales
SY22 6AULlansantffraid, PowysLlanfechain£505,6663
SY22 6PYArddleen, LlanymynechLlanfechain£482,4747
SY22 6RNRhos Common, LlanymynechLlanfechain£479,2504
SY22 6TELlansantffraid, PowysLlanfechain£464,1663
SY22 5JFLlanfihangel, LlanfyllinLlanfechain£453,3333
SY22 6SGLlandrinio, LlanymynechLlanfechain£433,4287
SY22 5ETLlanfyllin, PowysLlanfechain£407,5004
SY22 5HABrithdir, LlanfyllinLlanfechain£371,6663
SY22 6RUArddleen, LlanymynechLlanfechain£365,3333
SY22 6BYMeifod, PowysLlanfechain£364,0004

Least Expensive Streets in SY22 (Llanfechain)

PostcodeStreetAreaAverageNo. of Sales
SY22 6AGJubilee Terrace, LlansantffraidLlanfechain£89,5004
SY22 5AUBridge Street, LlanfyllinLlanfechain£109,7504
SY22 6NXHafod Cottages, Parc HafodLlanfechain£124,5647
SY22 5BZBron Y Gaer, LlanfyllinLlanfechain£135,6663
SY22 6ASRose Cottages, LlansantffraidLlanfechain£136,8333
SY22 6NAFerndale Close, Four CrossesLlanfechain£151,0003
SY22 6AETreflan, LlansanffraidLlanfechain£152,5003
SY22 6AJMaes Y Foel, LlansantffraidLlanfechain£161,9287
SY22 6PDWern, LlanymynechLlanfechain£165,0003
SY22 6NQSevern Way, Four CrossesLlanfechain£175,0004

Explore SY22 (Llanfechain) using map