House Prices in SY24 House Prices in SY24 (Borth)

The average house price in SY24 (Borth) is £209,035 using HM Land Registry data.

The average property price increased by £56,053 (23.84%) over the last 5 years and increased by £11,231 (3.65%) over the last 12 months.

Over the last year, there were 49 residential property sales – a decrease of 2 transactions (-4.08%) relative to the previous year. The majority of house sales (22) were in the £130,000 - £198,000 range. Then came properties in the £198,000 - £266,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,250 (-3%).

In Oct 24, there were 9 new estate agency instructions, 5 agreed home sales and 3 property price reductions.

5-Year Average Property Prices in SY24 (Borth)

23.84%

Property prices in Borth increased by 23.84% 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 SY24 (Borth) Over the Last Year

3.65%

Property prices in Borth increased by 3.65% 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 SY24 (Borth) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 SY24 (Borth)

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 SY24 (Borth)

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 SY24 (Borth)

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 SY24 (Borth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY24 postcode area since 1995.

Recent Sales in SY24 (Borth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 White Lion Place, Borth, Ceredigion, SY24 5JB£175,000£173,750-£1,25026 Feb 202422 Jul 2024147 Days
Gwynfa, Penygarn, Bow Street, Ceredigion, SY24 5BQ£430,000£425,000-£5,00024 Jan 202412 Jul 2024170 Days
8 New Street, Talybont, Ceredigion, SY24 5HD£125,000£117,000-£8,00002 Oct 202311 Jul 2024283 Days
73 Maes Afallen, Bow Street, Ceredigion, SY24 5BL£215,000£208,500-£6,50023 Jan 202431 May 2024129 Days
6 Clos Y Ceiliog, Llandre, Bow Street, Ceredigion, SY24 5AN£485,000£485,000£0013 Mar 202423 May 202471 Days
15 Dol Pistyll, Talybont, Ceredigion, SY24 5DL£305,000£297,000-£8,00005 Dec 202323 Apr 2024140 Days
24 Tregerddan, Bow Street, Ceredigion, SY24 5AU£225,000£218,000-£7,00019 May 202328 Feb 2024285 Days
Llwyn, Brynowen Lane, Borth, Ceredigion, SY24 5LR£380,000£370,000-£10,00012 Jul 202312 Feb 2024215 Days
38 Tregerddan, Bow Street, Ceredigion, SY24 5AU£187,000£180,000-£7,00018 Aug 202309 Jan 2024144 Days
14 Birkenhead Street, Talybont, Ceredigion, SY24 5HB£135,000£135,000£0006 Mar 202320 Dec 2023289 Days
7 Maesyfelin, Talybont, Ceredigion, SY24 5DZ£285,000£274,000-£11,00022 May 202322 Nov 2023184 Days
1 South View, Bow Street, Ceredigion, SY24 5AS£167,000£150,000-£17,00024 May 202309 Nov 2023169 Days
14 Bryncastell, Bow Street, Ceredigion, SY24 5DE£195,000£185,000-£10,00019 Apr 202327 Oct 2023191 Days
9 Clos Winifred, Borth, Ceredigion, SY24 5LE£385,000£370,000-£15,00011 Jul 202310 Oct 202391 Days
4 Caerfelin, Bow Street, Ceredigion, SY24 5BN£189,500£189,500£0001 Jul 202321 Sep 202382 Days
2 Beach Cottage, Borth, Ceredigion, SY24 5LJ£299,995£260,000-£39,99520 Jan 202313 Sep 2023236 Days
21 Caegwylan, Borth, Ceredigion, SY24 5LD£185,000£180,000-£5,00009 Jun 202308 Sep 202391 Days
2 Caewern, Glanwern, Borth, Ceredigion, SY24 5NB£360,000£350,000-£10,00017 Mar 202322 Aug 2023158 Days
16 Birkenhead Street, Talybont, Ceredigion, SY24 5HB£135,000£128,000-£7,00012 May 202322 Aug 2023102 Days
Nant Gwyn, Dole, Llandre, Bow Street, Ceredigion, SY24 5AE£300,000£300,000£0026 Apr 202318 Jul 202383 Days

Most Expensive Streets in SY24 (Borth)

PostcodeStreetAreaAverageNo. of Sales
SY24 5BULlandre, Bow Street, CeredigionBorth£459,0003
SY24 5NDFfordd Y FulfranBorth£418,2104
SY24 5DXCefn Ceiro, LlandreBorth£415,0003
SY24 5AEDole, LlandreBorth£376,7147
SY24 5DPBontgoch, TalybontBorth£365,0005
SY24 5LEClos WinifredBorth£348,3333
SY24 5JPBorth, CeredigionBorth£320,8336
SY24 5BJBow Street, CeredigionBorth£320,5836
SY24 5JSBorth, CeredigionBorth£318,7504
SY24 5BEBow Street, CeredigionBorth£318,6254

Least Expensive Streets in SY24 (Borth)

PostcodeStreetAreaAverageNo. of Sales
SY24 5ERTalybont, CeredigionBorth£120,2729
SY24 5HBBirkenhead Street, TalybontBorth£134,3333
SY24 5EBPenrhiw, TalybontBorth£141,6254
SY24 5HQMaesyderi, TalybontBorth£145,3754
SY24 5EZTalybont, CeredigionBorth£157,1254
SY24 5LDCaegwylanBorth£166,3005
SY24 5LTGlanwernBorth£166,7003
SY24 5BTPantydderwen, LlandreBorth£168,5003
SY24 5JFBorth, CeredigionBorth£172,6663
SY24 5EYTalybont, CeredigionBorth£176,0003

Explore SY24 (Borth) using map