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House Prices in LD2

The average house price in LD2 (Builth Wells) is £210,000 using HM Land Registry data.

The average property price increased by £99,806 (29.73%) over the last 5 years and increased by £19,998 (4.38%) over the last 12 months.

Over the last year, there were 41 residential property sales – a decrease of 31 transactions (-75.61%) relative to the previous year. The majority of house sales (15) were in the £168,000 - £226,000 range. Then came properties in the £110,000 - £168,000 range, where 5 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,277 (-2%).

In Oct 24, there were 10 new estate agency instructions, 5 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in LD2 (Builth Wells)

29.73%

Property prices in Builth Wells increased by 29.73% 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 LD2 (Builth Wells) Over the Last Year

4.38%

Property prices in Builth Wells increased by 4.38% 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 LD2 (Builth Wells) - 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 LD2 (Builth Wells)

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 LD2 (Builth Wells)

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 LD2 (Builth Wells)

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 LD2 (Builth Wells) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LD2 postcode area since 1995.

Recent Sales in LD2 (Builth Wells)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Cae Castell, Builth Wells, Powys, LD2 3BE	£320,000	£310,000	-£10,000	24 Apr 2024	01 Aug 2024	99 Days
38 Parc Yr Irfon, Builth Wells, Powys, LD2 3NG	£425,000	£425,000	£00	26 Apr 2024	01 Aug 2024	97 Days
11a, Market Street, Builth Wells, Powys, LD2 3EF	£160,000	£160,000	£00	12 Dec 2023	17 Jul 2024	218 Days
31 Daffodil Wood, Builth Wells, Powys, LD2 3LE	£250,000	£241,500	-£8,500	13 Oct 2023	10 May 2024	210 Days
65 Garth Road, Builth Wells, Powys, LD2 3NH	£285,000	£280,000	-£5,000	16 Nov 2023	25 Apr 2024	161 Days
48 Garth Road, Builth Wells, Powys, LD2 3AR	£220,000	£185,000	-£35,000	21 Jul 2023	19 Apr 2024	273 Days
26 Glandwr Park, Builth Wells, Powys, LD2 3DF	£360,000	£350,000	-£10,000	23 Sep 2023	05 Apr 2024	195 Days
10 Oakwood Close, Builth Wells, Powys, LD2 3HA	£130,000	£130,000	£00	31 Aug 2023	03 Apr 2024	216 Days
14 Railway Terrace, Builth Road, Builth Wells, Powys, LD2 3RH	£140,000	£136,000	-£4,000	10 Nov 2023	23 Feb 2024	105 Days
30 Oaklands, Builth Wells, Powys, LD2 3ER	£205,000	£203,000	-£2,000	11 Oct 2023	09 Feb 2024	121 Days
3 Golf Club Lane, Builth Wells, Powys, LD2 3NN	£210,000	£205,000	-£5,000	04 Aug 2023	18 Jan 2024	167 Days
19 Newry Road, Builth Wells, Powys, LD2 3EH	£125,000	£118,950	-£6,050	09 Aug 2023	21 Dec 2023	134 Days
3 Church Street, Builth Wells, Powys, LD2 3BS	£170,000	£170,000	£00	21 Sep 2023	15 Dec 2023	85 Days
24 Castle Street, Builth Wells, Powys, LD2 3BN	£185,000	£178,000	-£7,000	20 Jul 2023	03 Nov 2023	106 Days
22 Oaklands, Builth Wells, Powys, LD2 3ER	£165,000	£151,000	-£14,000	25 Jul 2023	03 Nov 2023	101 Days
6 Daffodil Wood, Builth Wells, Powys, LD2 3LE	£275,000	£275,000	£00	06 Mar 2023	12 Oct 2023	220 Days
9 Cae Castell, Builth Wells, Powys, LD2 3BE	£300,000	£300,000	£00	04 May 2023	27 Sep 2023	146 Days
17 Glandwr Park, Builth Wells, Powys, LD2 3DF	£325,000	£305,000	-£20,000	22 May 2023	30 Aug 2023	100 Days
22 Market Street, Builth Wells, Powys, LD2 3EA	£200,000	£200,000	£00	11 Apr 2023	04 Aug 2023	115 Days
16 Park Road, Builth Wells, Powys, LD2 3AY	£220,000	£220,000	£00	12 May 2023	31 Jul 2023	80 Days

Most Expensive Streets in LD2 (Builth Wells)

Postcode	Street	Area	Average	No. of Sales
LD2 3JL	Painscastle	Builth Wells	£479,250	6
LD2 3PJ	Crickadarn	Builth Wells	£471,666	3
LD2 3BU	North Road	Builth Wells	£372,250	4
LD2 3HE	Hospital Road	Builth Wells	£365,000	3
LD2 3NG	Parc Yr Irfon	Builth Wells	£317,562	8
LD2 3RW	Cwm Bach	Builth Wells	£308,000	4
LD2 3JY	Rhosgoch	Builth Wells	£303,737	4
LD2 3FD	Tyle Heulog	Builth Wells	£294,218	4
LD2 3RT	Builth Road	Builth Wells	£292,000	4
LD2 3DF	Glandwr Park	Builth Wells	£287,500	4

Least Expensive Streets in LD2 (Builth Wells)

Postcode	Street	Area	Average	No. of Sales
LD2 3DL	The Old Brewery, High Street, Builth Wells	Builth Wells	£93,000	3
LD2 3ED	Wool Row	Builth Wells	£108,993	8
LD2 3RL	Builth Road	Builth Wells	£132,142	7
LD2 3ER	Oaklands	Builth Wells	£141,216	9
LD2 3RH	Railway Terrace, Builth Road	Builth Wells	£143,700	5
LD2 3EF	Market Street	Builth Wells	£146,583	15
LD2 3BN	Castle Street	Builth Wells	£149,750	12
LD2 3UA	Tai Ffald, Llanelwedd	Builth Wells	£151,785	7
LD2 3AW	Western Grove	Builth Wells	£154,875	4
LD2 3ET	Oaklands	Builth Wells	£155,000	3