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Welshpool House Prices

The average house price in Welshpool is £151,500 using HM Land Registry data.

The average property price increased by £76,840 (56.65%) over the last 5 years and increased by £15,357 (7.79%) over the last 12 months.

Over the last year, there were 54 residential property sales – a decrease of 14 transactions (-25.93%) relative to the previous year. The majority of house sales (16) were in the £148,000 - £176,000 range. Then came properties in the £120,000 - £148,000 range, where 12 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 9 new estate agency instructions, 5 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in Welshpool

56.65%

Property prices in Welshpool increased by 56.65% 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 Welshpool Over the Last Year

7.79%

Property prices in Welshpool increased by 7.79% 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 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 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 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 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 Welshpool since 1995

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

Recent Property Sales in Welshpool

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
48 Brynglas, Welshpool, Powys, SY21 7TL	£250,000	£250,000	£00	15 Oct 2022	01 Mar 2024	503 Days
9 Berriew Road, Welshpool, Powys, SY21 7SS	£235,000	£235,000	£00	21 Aug 2023	26 Jan 2024	158 Days
Gardd Rhosyn, Westwood Road, Welshpool, Powys, SY21 7RG	£340,000	£200,000	-£140,000	09 Sep 2015	12 Jan 2024	3047 Days
164 Brookfield Road, Welshpool, Powys, SY21 7TQ	£180,000	£168,000	-£12,000	30 Aug 2023	15 Dec 2023	107 Days
6 Bluebell Close, Welshpool, Powys, SY21 7NY	£150,000	£150,000	£00	21 Jun 2023	30 Nov 2023	162 Days
28 Clos Bryn Y Ddol, Welshpool, Powys, SY21 7UP	£160,000	£147,000	-£13,000	09 Dec 2022	17 Nov 2023	343 Days
17 Kerrison Drive, Welshpool, Powys, SY21 7UW	£150,000	£147,000	-£3,000	12 Jul 2023	13 Oct 2023	93 Days
Brynton, Severn Lane, Welshpool, Powys, SY21 7BB	£250,000	£248,000	-£2,000	05 Jun 2023	04 Oct 2023	121 Days
Museum Cottage, Red Bank, Welshpool, Powys, SY21 7DS	£125,000	£115,000	-£10,000	10 May 2023	29 Sep 2023	142 Days
160 Brookfield Road, Welshpool, Powys, SY21 7TQ	£229,950	£225,000	-£4,950	05 Jul 2023	15 Sep 2023	72 Days
23 Little Henfaes Drive, Welshpool, Powys, SY21 7BG	£230,000	£225,000	-£5,000	08 Jun 2023	15 Sep 2023	99 Days
109 Gungrog Hill, Welshpool, Powys, SY21 7UL	£290,000	£280,000	-£10,000	21 Feb 2023	11 Sep 2023	202 Days
122 Brookfield Road, Welshpool, Powys, SY21 7TG	£175,000	£175,000	£00	12 May 2023	08 Sep 2023	119 Days
99 Gungrog Hill, Welshpool, Powys, SY21 7UL	£279,950	£279,950	£00	04 May 2023	31 Aug 2023	119 Days
37 Bryn Y Ddol, Welshpool, Powys, SY21 7TW	£165,000	£165,000	£00	11 May 2023	18 Aug 2023	99 Days
19 Little Henfaes Drive, Welshpool, Powys, SY21 7BG	£145,000	£120,416	-£24,584	11 Sep 2014	01 Aug 2023	3246 Days
77 Little Henfaes Drive, Welshpool, Powys, SY21 7BA	£150,000	£148,500	-£1,500	01 Mar 2023	28 Jul 2023	149 Days
22 Hafan Deg, Welshpool, Powys, SY21 7DW	£185,000	£185,000	£00	06 Jan 2023	03 Jul 2023	178 Days
2 Heulwen Way, Welshpool, Powys, SY21 7DB	£340,000	£340,000	£00	04 Aug 2022	27 Jun 2023	327 Days
97 Gungrog Hill, Welshpool, Powys, SY21 7UL	£310,000	£295,000	-£15,000	02 Feb 2023	15 Jun 2023	133 Days

Most Expensive Streets in Welshpool

Postcode	Street	Area	Average	No. of Sales
SY21 7PS	Trem Hafren	Welshpool	£328,166	3
SY21 7RJ	Burgess Croft	Welshpool	£326,199	5
SY21 7DB	Heulwen Way	Welshpool	£250,300	5
SY21 7RG	Westwood Road	Welshpool	£244,166	3
SY21 7TJ	Gungrog Hill	Welshpool	£228,666	3
SY21 7EF	Salop Road	Welshpool	£227,333	3
SY21 7PY	Brookfield Road	Welshpool	£214,000	7
SY21 7HN	Erw Wen	Welshpool	£212,234	5
SY21 7TH	Acorn Rise	Welshpool	£209,166	3
SY21 7TS	Brynfa Avenue	Welshpool	£206,300	5

Least Expensive Streets in Welshpool

Postcode	Street	Area	Average	No. of Sales
SY21 7EE	Powis Arms Yard	Welshpool	£73,667	3
SY21 7HA	Abbey Terrace	Welshpool	£101,862	4
SY21 7LW	Mount Street	Welshpool	£105,250	8
SY21 7NH	Bronybuckley	Welshpool	£108,875	4
SY21 7RL	Coed Y Bryn	Welshpool	£115,100	5
SY21 7NL	Bronybuckley	Welshpool	£118,000	3
SY21 7UW	Kerrison Drive	Welshpool	£119,237	4
SY21 7NF	Woodside	Welshpool	£121,666	3
SY21 7SY	Oldford Rise	Welshpool	£123,000	3
SY21 7NQ	Bronybuckley	Welshpool	£131,650	3