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Brecon House Prices Brecon House Prices

The average house price in Brecon is £208,333 using HM Land Registry data.

The average property price increased by £74,311 (39.92%) over the last 5 years and increased by £14,852 (6.05%) over the last 12 months.

Over the last year, there were 94 residential property sales – a decrease of 44 transactions (-46.81%) relative to the previous year. The majority of house sales (19) were in the £206,000 - £254,000 range. Then came properties in the £158,000 - £206,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,326 (-3%).

In April 2024, there were 19 new estate agency instructions, 9 agreed home sales and 6 property price reductions.

Postcodes Covered: LD3

5-Year Average Property Prices in Brecon

39.92%

Property prices in Brecon increased by 39.92% 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 Brecon Over the Last Year

6.05%

Property prices in Brecon increased by 6.05% 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 Brecon - 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).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Brecon

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 Brecon

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 Brecon

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 Brecon since 1995

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

Recent Property Sales in Brecon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Maendu Terrace, Brecon, Powys, LD3 9HH£220,000£220,000£0030 Jun 202308 Mar 2024252 Days
76 Beech Grove, Brecon, Powys, LD3 9EY£350,000£345,000-£5,00017 Nov 202316 Feb 202491 Days
4 Gwenllian Morgan Court, Brecon, Powys, LD3 7EE£110,000£105,000-£5,00025 Aug 202322 Jan 2024150 Days
55 Pontwilym, Brecon, Powys, LD3 9BS£339,000£305,000-£34,00013 Dec 202220 Dec 2023372 Days
19 Gwenllian Morgan Court, Brecon, Powys, LD3 7EE£110,000£110,000£0022 May 202320 Dec 2023212 Days
72 The Uplands, Brecon, Powys, LD3 9HT£155,000£145,000-£10,00006 Jun 202315 Dec 2023192 Days
14 Parc Pendre, Brecon, Powys, LD3 9ES£245,000£245,000£0019 Sep 202314 Dec 202386 Days
6 North Road, Brecon, Powys, LD3 9DR£225,000£210,000-£15,00019 Jul 202306 Dec 2023140 Days
18 Ffynnon Dewi, Brecon, Powys, LD3 8DT£250,000£235,000-£15,00006 Sep 202306 Dec 202391 Days
10 Charles Street, Brecon, Powys, LD3 7HF£135,000£120,000-£15,00004 May 202330 Nov 2023210 Days
22 Dan Y Crug, Brecon, Powys, LD3 9LD£145,000£145,000£0015 Mar 202329 Nov 2023259 Days
92 The Struet, Brecon, Powys, LD3 7LS£200,000£195,000-£5,00013 Jun 202324 Nov 2023164 Days
34 Newgate Street, Brecon, Powys, LD3 8DN£159,500£159,500£0027 Sep 202323 Nov 202357 Days
39 Pontwilym, Brecon, Powys, LD3 9BS£320,000£315,000-£5,00005 Sep 202322 Nov 202378 Days
72 Pendre Gardens, Brecon, Powys, LD3 9EQ£354,950£342,500-£12,45004 May 202317 Nov 2023197 Days
22 Belle Vue Gardens, Brecon, Powys, LD3 7NY£450,000£410,000-£40,00020 Jul 202315 Nov 2023118 Days
9 Gwenllian Morgan Court, Brecon, Powys, LD3 7EE£105,000£103,000-£2,00025 May 202314 Nov 2023173 Days
30 Beech Grove, Brecon, Powys, LD3 9EY£330,000£330,000£0003 Jul 202327 Oct 2023116 Days
Flat, 1, Camden Court, Brecon, Powys, LD3 7RP£190,000£183,000-£7,00001 Dec 202221 Oct 2023324 Days
31 Pen Y Bryn, Brecon, Powys, LD3 7RN£260,000£250,000-£10,00016 Aug 202219 Oct 2023429 Days

Most Expensive Streets in Brecon

PostcodeStreetAreaAverageNo. of Sales
LD3 7BUCamden RoadBrecon£456,6663
LD3 7NLMaescelynBrecon£371,6663
LD3 7RWSunnybankBrecon£361,6663
LD3 7NEBelle Vue RoadBrecon£355,0003
LD3 7NYBelle Vue GardensBrecon£353,3333
LD3 7SABrynglasBrecon£353,0005
LD3 9EFSt Johns CourtBrecon£353,0003
LD3 9LHCradoc RoadBrecon£346,25010
LD3 7NWCerrigcochion LaneBrecon£339,9833
LD3 7PDAlexandra RoadBrecon£333,0003

Least Expensive Streets in Brecon

PostcodeStreetAreaAverageNo. of Sales
LD3 7EEGwenllian Morgan CourtBrecon£110,65719
LD3 8ALOrchard StreetBrecon£122,0005
LD3 9PLMaes Y FfynnonBrecon£122,3754
LD3 7BGLittle Free StreetBrecon£132,1005
LD3 7HFCharles StreetBrecon£137,5005
LD3 8DNNewgate StreetBrecon£142,83312
LD3 9LDDan Y CrugBrecon£144,9118
LD3 9HEPriory RowBrecon£145,5003
LD3 7LNThe StruetBrecon£146,7508
LD3 7LLThe StruetBrecon£147,0005

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