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House Prices in LD8

The average house price in LD8 (Presteigne) is £1,130,000 using HM Land Registry data.

The average property price increased by £100,676 (14.88%) over the last 5 years and increased by £20,121 (2.43%) over the last 12 months.

Over the last year, there were 44 residential property sales – a decrease of 11 transactions (-25.00%) relative to the previous year. The majority of house sales (11) were in the £234,000 - £288,000 range. Then came properties in the £180,000 - £234,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,171 (-3%).

In May 2025, there were 6 new estate agency instructions, 4 agreed home sales and 2 property price reductions.

5-Year Average Property Prices in LD8 (Presteigne)

14.88%

Property prices in LD8 (Presteigne) increased by 14.88% 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 LD8 (Presteigne) Over the Last Year

2.43%

Property prices in LD8 (Presteigne) increased by 2.43% 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 LD8 (Presteigne) - May 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 LD8 (Presteigne)

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 LD8 (Presteigne)

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 LD8 (Presteigne)

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 LD8 (Presteigne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LD8 postcode area since 1995.

Recent Sales in LD8 (Presteigne)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 Wills View, Norton, Presteigne, Powys, LD8 2RS	£325,000	£310,000	-£15,000	13 Apr 2024	30 Oct 2024	200 Days
36 Warden Close, Presteigne, Powys, LD8 2DH	£260,000	£250,000	-£10,000	18 Jun 2024	30 Oct 2024	134 Days
13 The Paddocks, Presteigne, Powys, LD8 2NJ	£350,000	£340,000	-£10,000	05 Jun 2024	12 Aug 2024	68 Days
3 Kings Court, Presteigne, Powys, LD8 2AJ	£195,000	£180,000	-£15,000	03 May 2024	02 Aug 2024	91 Days
3 Lewis Place, New Radnor, Presteigne, Powys, LD8 2ST	£235,000	£235,000	£0	25 Apr 2024	31 Jul 2024	97 Days
1 Townend, Presteigne, Powys, LD8 2DW	£180,000	£175,000	-£5,000	26 Apr 2024	05 Jul 2024	70 Days
15 Caefelyn, Norton, Presteigne, Powys, LD8 2UB	£279,950	£270,000	-£9,950	27 Jun 2024	05 Jul 2024	8 Days
3 High Street, New Radnor, Presteigne, Powys, LD8 2SL	£199,950	£199,950	£0	20 Oct 2023	11 Jun 2024	235 Days
12 Silia Meadow, Presteigne, Powys, LD8 2NY	£365,000	£350,000	-£15,000	10 Nov 2023	07 Jun 2024	210 Days
55 Townend, Presteigne, Powys, LD8 2DW	£170,000	£170,000	£0	09 Aug 2023	28 Mar 2024	232 Days
17 Warden Close, Presteigne, Powys, LD8 2DH	£230,000	£230,000	£0	03 Nov 2023	19 Mar 2024	137 Days
1 The Porth, New Radnor, Presteigne, Powys, LD8 2SX	£375,000	£350,000	-£25,000	08 Aug 2023	18 Mar 2024	223 Days
43 Hereford Street, Presteigne, Powys, LD8 2AT	£270,000	£251,000	-£19,000	06 Sep 2023	29 Feb 2024	176 Days
22 Caenbrook Meadow, Presteigne, Powys, LD8 2NE	£285,000	£272,000	-£13,000	07 Nov 2023	26 Feb 2024	111 Days
57 Warden Close, Presteigne, Powys, LD8 2DH	£300,000	£292,500	-£7,500	22 Sep 2023	01 Feb 2024	132 Days
33 Hereford Street, Presteigne, Powys, LD8 2AT	£130,000	£120,000	-£10,000	11 Jul 2023	02 Nov 2023	114 Days
9 Caenbrook Meadow, Presteigne, Powys, LD8 2NE	£230,000	£230,000	£0	28 Apr 2023	22 Sep 2023	147 Days
29 Castle Road, Presteigne, Powys, LD8 2DY	£230,000	£230,000	£0	22 Apr 2023	22 Sep 2023	153 Days
9 Broad Street, New Radnor, Presteigne, Powys, LD8 2SP	£300,000	£297,500	-£2,500	17 Jan 2023	24 Aug 2023	219 Days
Tarianfryn, Hall Lane, New Radnor, Presteigne, Powys, LD8 2SW	£235,000	£235,000	£0	23 Jun 2023	21 Aug 2023	59 Days

Most Expensive Streets in LD8 (Presteigne)

Postcode	Street	Area	Average	No. of Sales
LD8 2LW	Ford Street	Presteigne	£586,666	3
LD8 2NX	Offas Green, Norton	Presteigne	£360,110	9
LD8 2NY	Silia Meadow	Presteigne	£351,666	3
LD8 2PU	Walton	Presteigne	£351,250	4
LD8 2NH	Presteigne LD8 2NH,	Presteigne	£335,876	6
LD8 2NT	Cascob	Presteigne	£304,833	6
LD8 2RL	Old Radnor	Presteigne	£304,250	4
LD8 2EL	Norton	Presteigne	£303,571	7
LD8 2AY	Presteigne LD8 2AY,	Presteigne	£297,333	3
LD8 2EN	Mynd Road, Norton	Presteigne	£295,625	4

Least Expensive Streets in LD8 (Presteigne)

Postcode	Street	Area	Average	No. of Sales
LD8 2EH	Milbank, Norton	Presteigne	£106,666	3
LD8 2DB	Pound Lane	Presteigne	£138,333	3
LD8 2BT	Raglan Cottages, Church Street, Presteigne	Presteigne	£141,000	3
LD8 2DW	Townend	Presteigne	£150,041	12
LD8 2DG	Lugg View	Presteigne	£153,125	4
LD8 2BE	High Street	Presteigne	£166,862	4
LD8 2AT	Hereford Street	Presteigne	£181,687	8
LD8 2AF	Broad Street	Presteigne	£200,816	3
LD8 2AA	Craftsmans Mews, Broad Street, Presteigne	Presteigne	£213,333	3
LD8 2EB	Castle Road	Presteigne	£213,850	10