House Prices in SY21 House Prices in SY21 (Welshpool)

The average house price in SY21 (Welshpool) is £248,250 using HM Land Registry data.

The average property price increased by £123,321 (13.78%) over the last 5 years and increased by £24,647 (2.27%) over the last 12 months.

Over the last year, there were 132 residential property sales – a decrease of 56 transactions (-42.42%) relative to the previous year. The majority of house sales (46) were in the £130,000 - £194,000 range. Then came properties in the £194,000 - £258,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 16 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,652 (-2%).

In April 2024, there were 31 new estate agency instructions, 23 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in SY21 (Welshpool)

13.78%

Property prices in Welshpool increased by 13.78% 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 SY21 (Welshpool) Over the Last Year

2.27%

Property prices in Welshpool increased by 2.27% 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 SY21 (Welshpool) - April 2024

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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 SY21 (Welshpool)

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 SY21 (Welshpool)

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 SY21 (Welshpool)

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 SY21 (Welshpool) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY21 postcode area since 1995.

Recent Sales in SY21 (Welshpool)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
48 Brynglas, Welshpool, Powys, SY21 7TL£250,000£250,000£0015 Oct 202201 Mar 2024503 Days
30 Maes Y Celyn, Guilsfield, Welshpool, Powys, SY21 9BL£200,000£200,000£0006 Nov 202322 Feb 2024108 Days
36 Parc Caradog, Trewern, Welshpool, Powys, SY21 8DS£175,000£175,000£0024 Oct 202331 Jan 202499 Days
2 Springfields, Forden, Welshpool, Powys, SY21 8LR£175,000£167,000-£8,00028 Feb 202326 Jan 2024332 Days
9 Berriew Road, Welshpool, Powys, SY21 7SS£235,000£235,000£0021 Aug 202326 Jan 2024158 Days
Havenlea, Wesley Street, Llanfair Caereinion, Welshpool, Powys, SY21 0RX£500,000£500,000£0022 Jan 202423 Jan 20241 Days
Gardd Rhosyn, Westwood Road, Welshpool, Powys, SY21 7RG£340,000£200,000-£140,00009 Sep 201512 Jan 20243047 Days
164 Brookfield Road, Welshpool, Powys, SY21 7TQ£180,000£168,000-£12,00030 Aug 202315 Dec 2023107 Days
6 Bluebell Close, Welshpool, Powys, SY21 7NY£150,000£150,000£0021 Jun 202330 Nov 2023162 Days
2 Maes Gwyn, Llanfair Caereinion, Welshpool, Powys, SY21 0BD£285,000£275,000-£10,00026 Jul 202329 Nov 2023126 Days
16 Fairview Avenue, Guilsfield, Welshpool, Powys, SY21 9NE£200,000£193,000-£7,00025 Oct 202217 Nov 2023388 Days
28 Clos Bryn Y Ddol, Welshpool, Powys, SY21 7UP£160,000£147,000-£13,00009 Dec 202217 Nov 2023343 Days
7 Redwood Close, Leighton, Welshpool, Powys, SY21 8JH£500,000£490,000-£10,00020 Apr 202314 Nov 2023208 Days
Mona House, Bridge Street, Llanfair Caereinion, Welshpool, Powys, SY21 0RY£149,950£130,000-£19,95008 Dec 202202 Nov 2023329 Days
31 Acrefield Avenue, Guilsfield, Welshpool, Powys, SY21 9PN£275,000£275,000£0018 Apr 202320 Oct 2023185 Days
17 Kerrison Drive, Welshpool, Powys, SY21 7UW£150,000£147,000-£3,00012 Jul 202313 Oct 202393 Days
Brynton, Severn Lane, Welshpool, Powys, SY21 7BB£250,000£248,000-£2,00005 Jun 202304 Oct 2023121 Days
Museum Cottage, Red Bank, Welshpool, Powys, SY21 7DS£125,000£115,000-£10,00010 May 202329 Sep 2023142 Days
160 Brookfield Road, Welshpool, Powys, SY21 7TQ£229,950£225,000-£4,95005 Jul 202315 Sep 202372 Days
23 Little Henfaes Drive, Welshpool, Powys, SY21 7BG£230,000£225,000-£5,00008 Jun 202315 Sep 202399 Days

Most Expensive Streets in SY21 (Welshpool)

PostcodeStreetAreaAverageNo. of Sales
SY21 8ENMiddletownWelshpool£534,0003
SY21 0DWLlanfair CaereinionWelshpool£505,8333
SY21 8BQBerriewWelshpool£477,7504
SY21 8EGTrewernWelshpool£430,0003
SY21 9ASCastle CaereinionWelshpool£429,0003
SY21 8HLLeightonWelshpool£421,0004
SY21 8ESMiddletownWelshpool£417,5004
SY21 8NJWithy Avenue, FordenWelshpool£410,0003
SY21 9PUGuilsfieldWelshpool£401,6586
SY21 8NBFordenWelshpool£359,5004

Least Expensive Streets in SY21 (Welshpool)

PostcodeStreetAreaAverageNo. of Sales
SY21 7EEPowis Arms YardWelshpool£73,6673
SY21 9BHCoppice Lane, Castle CaereinionWelshpool£99,8334
SY21 7HAAbbey TerraceWelshpool£101,8624
SY21 7LWMount StreetWelshpool£105,2508
SY21 7NHBronybuckleyWelshpool£108,8754
SY21 7RLCoed Y BrynWelshpool£115,1005
SY21 7NLBronybuckleyWelshpool£118,0003
SY21 7UWKerrison DriveWelshpool£119,2374
SY21 0QSHigh Street, Llanfair CaereinionWelshpool£120,8333
SY21 7NFWoodsideWelshpool£121,6663

Explore SY21 (Welshpool) using map