Tag: Powys
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Powys House Prices Drop – What’s Happening to the Market?
House prices in Powys have fallen by an average of £11,000 over the past year, according to the latest Land Registry figures. This represents a 4.8% drop in value, making it one of the poorest performing areas in Wales. The average house price in Powys in June was £226,806, down 1.6% from May. Is this…
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House Prices Plummet in Merthyr Tydfil as Welsh Property Market Shows Mixed Picture
The average price of a house in Merthyr Tydfil has plummeted by 14.5% in the last year, the biggest drop in Wales. The average house price in the area is now just £129,121, making it the cheapest place to buy a property in Wales. But it’s not all bad news for Welsh homeowners – 13…
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Powys House Prices Dip But Remain Higher Than Last Year
Despite a slight drop in April, house prices in Powys have actually risen slightly over the past year. The average price tag on a property in Powys now stands at £240,056, a tiny 0.1% increase compared to April 2022. This mini dip follows a trend across Wales, with house prices dropping by 2.1% in April.…
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Cleveland Crowned UK’s Top Burglary Hotspot
Cleveland has been identified as the leading area for burglaries in England. This information comes from a recent study that has scrutinised Home Office crime figures and Census data, putting this region in the spotlight for all the wrong reasons. The research, conducted by Go.Compare Home Insurance, points to a troubling scenario for residents of…
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Welsh Housing Market Takes a Dip – Prices and Sales Decline
The Welsh housing market has experienced yet another decline. According to the latest data from the Principality Building Society, house prices in Wales have fallen for the fifth consecutive quarter. As of March 2024, the average house price stands at £229,263, marking a significant 6.5% decrease from the previous year. The downturn in housing prices…
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Only Four London Boroughs Had Price Rises in 2023
The housing market in London can be challenging, especially for those considering investing in property. In 2023, during rising living costs, an interesting trend emerged: only four boroughs in London experienced an increase in property prices. Ealing: Leading the Way in Price Growth The west London borough of Ealing stood out with the most significant…
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70 Areas Where House Prices are Still Rising
According to a recent analysis by Halifax, while the overall UK housing market has experienced a slowdown, certain areas have seen significant growth in residential property prices. This study, which encompassed over 300 local authority areas in Britain, compared house price data from the third quarter of 2023 with the same period last year. Key…
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Wales’ Home Values Take a Dip: First Time in a Decade
The residential property market in Wales is experiencing its first year-on-year decline in house prices in ten years. According to research from Principality Building Society, the average cost of a home in Wales receded to £239,378 in the third quarter of 2023. This rate is not only a 1.1% decrease from the previous quarter but…