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Llandrindod Wells House Prices Llandrindod Wells House Prices

The average house price in Llandrindod Wells is £258,500 using HM Land Registry data.

The average property price increased by £58,198 (39.34%) over the last 5 years and increased by £11,631 (5.98%) over the last 12 months.

Over the last year, there were 60 residential property sales – a decrease of 47 transactions (-78.33%) relative to the previous year. The majority of house sales (14) were in the £154,000 - £196,000 range. Then came properties in the £112,000 - £154,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,303 (-4%).

In April 2024, there were 9 new estate agency instructions, 8 agreed home sales and 2 property price reductions.

Postcodes Covered: LD1

5-Year Average Property Prices in Llandrindod Wells

39.34%

Property prices in Llandrindod Wells increased by 39.34% 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 Llandrindod Wells Over the Last Year

5.98%

Property prices in Llandrindod Wells increased by 5.98% 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 Llandrindod Wells - 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 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 Llandrindod 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 Llandrindod 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 Llandrindod 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 Llandrindod Wells since 1995

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

Recent Property Sales in Llandrindod Wells

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Hillcrest Rise, Llandrindod Wells, Powys, LD1 6BN£235,000£230,000-£5,00023 Aug 202326 Feb 2024187 Days
Trefnant, Cefnllys Lane, Llandrindod Wells, Powys, LD1 5LE£350,000£345,000-£5,00003 Oct 202315 Dec 202373 Days
39 Lant Avenue, Llandrindod Wells, Powys, LD1 5EF£180,000£172,000-£8,00011 Apr 202301 Dec 2023234 Days
Quarter Green, Cefnllys Lane, Llandrindod Wells, Powys, LD1 5LE£375,000£365,000-£10,00023 Aug 202329 Nov 202398 Days
4 Gorse Farm Estate, Llandrindod Wells, Powys, LD1 5SH£300,000£280,000-£20,00020 Jun 202327 Nov 2023160 Days
Penn Lodge, Temple Street, Llandrindod Wells, Powys, LD1 5HF£170,000£170,000£0007 Jun 202331 Oct 2023146 Days
18 Pentrosfa Road, Llandrindod Wells, Powys, LD1 5NL£215,000£180,000-£35,00008 Sep 202327 Oct 202349 Days
Greenacres, Western Promenade, Llandrindod Wells, Powys, LD1 5LY£275,000£275,000£0020 Jun 202312 Oct 2023114 Days
Greentiles, Grosvenor Close, Llandrindod Wells, Powys, LD1 5NE£215,000£210,000-£5,00002 Jun 202306 Oct 2023126 Days
Buriton House, Oxford Road, Llandrindod Wells, Powys, LD1 6AH£190,000£185,000-£5,00029 Mar 202315 Aug 2023139 Days
Kinnoull, Almond Avenue, Llandrindod Wells, Powys, LD1 6DH£200,000£168,727-£31,27328 Sep 202215 Aug 2023321 Days
Craig Y Nos, Craig Road, Llandrindod Wells, Powys, LD1 5HS£260,000£260,000£0005 Sep 202214 Aug 2023343 Days
9 Lon Cwm, Llandrindod Wells, Powys, LD1 6BE£170,000£167,500-£2,50016 Feb 202311 Aug 2023176 Days
Branscombe, Broadway, Llandrindod Wells, Powys, LD1 5HT£325,000£320,000-£5,00010 May 202307 Aug 202389 Days
10 Lakeside Avenue, Llandrindod Wells, Powys, LD1 5NT£240,000£227,000-£13,00004 Apr 202328 Jul 2023115 Days
11 Brynteg, Llandrindod Wells, Powys, LD1 5HB£150,000£150,000£0017 Mar 202321 Jul 2023126 Days
47 Trefonen Avenue, Llandrindod Wells, Powys, LD1 5YB£150,000£147,500-£2,50020 Mar 202314 Jul 2023116 Days
Park House, Arlais Road, Llandrindod Wells, Powys, LD1 5HE£295,000£280,000-£15,00008 Nov 202214 Jul 2023248 Days
Sun Lea, Victoria Road, Llandrindod Wells, Powys, LD1 6AP£265,000£260,000-£5,00027 Oct 202219 Jun 2023235 Days
Cartref, Tremont Road, Llandrindod Wells, Powys, LD1 5DA£165,000£155,000-£10,00015 Nov 202227 Apr 2023163 Days

Most Expensive Streets in Llandrindod Wells

PostcodeStreetAreaAverageNo. of Sales
LD1 6AXRock House CourtLlandrindod Wells£397,2504
LD1 5LECefnllys LaneLlandrindod Wells£362,1427
LD1 5LFBrookfieldsCefnllys£313,3333
LD1 5NPCefn MorfaLlandrindod Wells£306,6663
LD1 5NNPark LaneLlandrindod Wells£289,6663
LD1 5NAGrosvenor RoadLlandrindod Wells£289,6005
LD1 5LDCefnllys LaneLlandrindod Wells£266,8867
LD1 5NTLakeside AvenueLlandrindod Wells£264,12512
LD1 5SHGorse Farm EstateLlandrindod Wells£256,41612
LD1 5DEWoodlandsLlandrindod Wells£249,20010

Least Expensive Streets in Llandrindod Wells

PostcodeStreetAreaAverageNo. of Sales
LD1 6AGYstradHigh Street, Llandrindod Wells£61,42321
LD1 5HGSorrentoTemple Street, Llandrindod Wells£67,10714
LD1 5DPTemple StreetLlandrindod Wells£68,3624
LD1 5HUSunnycroftPrinces Avenue£72,0003
LD1 6AUSouth CourtPark Terrace£73,6258
LD1 5LUOrieltonTemple Drive£74,0005
LD1 6AYGranvillePark Terrace£77,0003
LD1 5EYSpa RoadLlandrindod Wells£89,0717
LD1 6PEBrookland MewsLlandrindod Wells£92,1666
LD1 5HFTemple StreetLlandrindod Wells£93,30015

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