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House Prices in SY23 House Prices in SY23 (Aberystwyth)

The average house price in SY23 (Aberystwyth) is £252,630 using HM Land Registry data.

The average property price increased by £63,757 (10.93%) over the last 5 years and increased by £12,775 (1.84%) over the last 12 months.

Over the last year, there were 236 residential property sales – a decrease of 52 transactions (-22.03%) relative to the previous year. The majority of house sales (51) were in the £176,000 - £222,000 range. Then came properties in the £130,000 - £176,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 147 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,854 (-5%).

In Dec 24, there were 13 new estate agency instructions, 19 agreed home sales and 15 property price reductions.

Nearby Postcodes: LD1, LD2, LD5, LD6, LL23, LL35, LL36, LL40, SA19, SA20, SA40, SA44, SA46, SA47, SA48, SY10, SY17, SY18, SY19, SY20, SY21, SY24, SY25

5-Year Average Property Prices in SY23 (Aberystwyth)

10.93%

Property prices in Aberystwyth increased by 10.93% 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 SY23 (Aberystwyth) Over the Last Year

1.84%

Property prices in Aberystwyth increased by 1.84% 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 SY23 (Aberystwyth) - Dec 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 SY23 (Aberystwyth)

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 SY23 (Aberystwyth)

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 SY23 (Aberystwyth)

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 SY23 (Aberystwyth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY23 postcode area since 1995.

Recent Sales in SY23 (Aberystwyth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Rhydybont, Penparcau, Aberystwyth, Ceredigion, SY23 1SR£180,000£180,000£0010 May 202422 Nov 2024196 Days
11 Fourth Avenue, Penparcau, Aberystwyth, Ceredigion, SY23 1RA£185,000£185,000£0019 Jun 202418 Nov 2024152 Days
57 Y Lanfa, Trefechan, Aberystwyth, Ceredigion, SY23 1AS£259,950£255,000-£4,95008 Jun 202412 Nov 2024157 Days
17 Y Ddol Fach, Penrhyncoch, Aberystwyth, Ceredigion, SY23 3NJ£440,000£440,000£0027 Jul 202408 Nov 2024104 Days
4 Broncynfelin, Clarach, Aberystwyth, Ceredigion, SY23 3DS£235,000£235,000£0029 Jun 202430 Oct 2024123 Days
6 Glanceulan, Penrhyncoch, Aberystwyth, Ceredigion, SY23 3HF£269,000£265,000-£4,00022 Apr 202416 Oct 2024177 Days
51 Erw Goch, Waunfawr, Aberystwyth, Ceredigion, SY23 3AZ£285,000£255,000-£30,00017 Apr 202411 Oct 2024177 Days
23 Danycoed, Aberystwyth, Ceredigion, SY23 2HD£350,000£345,000-£5,00002 Jun 202423 Aug 202482 Days
27 Third Avenue, Penparcau, Aberystwyth, Ceredigion, SY23 1RF£199,950£188,975-£10,97501 Jun 202423 Aug 202483 Days
5 South Marine Terrace, Aberystwyth, Ceredigion, SY23 1JX£185,500£160,000-£25,50011 Jul 201620 Aug 20242962 Days
25 Cefn Esgair, Llanbadarn Fawr, Aberystwyth, Ceredigion, SY23 3JG£415,000£405,000-£10,00020 May 202416 Aug 202488 Days
17 Cylch Peris, Llanon, Ceredigion, SY23 5HN£230,000£225,000-£5,00006 Apr 202415 Aug 2024131 Days
29 Brongwinau, Comins Coch, Aberystwyth, Ceredigion, SY23 3BQ£195,000£183,000-£12,00023 Jan 202401 Aug 2024191 Days
Maesteg, Pentre Llyn, Llanilar, Aberystwyth, Ceredigion, SY23 4NS£199,950£191,000-£8,95025 Apr 202426 Jul 202492 Days
7 Rheidol Road, Penparcau, Aberystwyth, Ceredigion, SY23 1RW£215,000£215,000£0001 May 202417 Jul 202477 Days
17 Maesheli, Penparcau, Aberystwyth, Ceredigion, SY23 1TA£206,000£194,000-£12,00013 Dec 202312 Jul 2024212 Days
Westward, Heol Yr Esgob, Llanon, Ceredigion, SY23 5HS£315,000£297,500-£17,50020 Jul 202327 Jun 2024343 Days
Cartrefle, Pwllhobi, Llanbadarn Fawr, Aberystwyth, Ceredigion, SY23 3SR£215,000£215,000£0027 Sep 202321 Jun 2024268 Days
32 Erw Goch, Waunfawr, Aberystwyth, Ceredigion, SY23 3AZ£249,999£249,999£0002 Aug 202314 Jun 2024317 Days
101a, Ger Y Llan, Penrhyncoch, Aberystwyth, Ceredigion, SY23 3TR£195,000£187,000-£8,00018 Oct 202313 Jun 2024239 Days

Most Expensive Streets in SY23 (Aberystwyth)

PostcodeStreetAreaAverageNo. of Sales
SY23 1BUFelin Y MorAberystwyth£559,8577
SY23 4QERhydyfelinAberystwyth£473,6663
SY23 2JAPenygraigAberystwyth£380,8333
SY23 2HACaemelynAberystwyth£376,3754
SY23 4BPBryn Eglur, LlanfarianAberystwyth£368,8788
SY23 1EYLlanbadarn RoadAberystwyth£367,5005
SY23 5NSBethania, LlanonAberystwyth£367,0003
SY23 3SGPenygraig, Llanbadarn FawrAberystwyth£349,0003
SY23 4PRCrugyn Dimai, RhydyfelinAberystwyth£341,8336
SY23 3LZCapel BangorAberystwyth£341,6663

Least Expensive Streets in SY23 (Aberystwyth)

PostcodeStreetAreaAverageNo. of Sales
SY23 2ERLlys Hen YsgolAberystwyth£93,1878
SY23 3PYLon Hendre, WaunfawrAberystwyth£98,6119
SY23 1JFSouth RoadAberystwyth£106,6663
SY23 4BUPontllolwyn, LlanfarianAberystwyth£116,3333
SY23 2AREastgateAberystwyth£126,9005
SY23 1TFHeol Nanteos, PenparcauAberystwyth£130,5004
SY23 3RUYstwyth Close, PenparcauAberystwyth£131,2147
SY23 3GAClos Gwilym, Llanbadarn FawrAberystwyth£136,7137
SY23 1DBGerddi Rheidol, TrefechanAberystwyth£140,28712
SY23 1EELlys Ardwyn, Bryn ArdwynAberystwyth£141,7506

Explore SY23 (Aberystwyth) using map

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