House prices increased by 1.5% in Powys in April, new figures show.

The rise contributes to the longer-term trend, which has seen property prices in the area grow by 5.6% over the last year.

The average Powys house price in April was £248,696, Land Registry figures show – a 1.5% increase on March.

Over the month, the picture was different to that across Wales, where prices decreased 1.3%, and Powys was above the 0.5% rise for the UK as a whole.

Over the last year, the average sale price of property in Powys rose by £13,000 – putting the area 10th among Wales’s 22 local authorities with price data for annual growth.

The highest annual growth in the region was in Merthyr Tydfil, where property prices increased on average by 11.6%, to £162,000. At the other end of the scale, properties in Anglesey lost 3.1% of their value, giving an average price of £225,000.

First steps on the property ladder

First-time buyers in Powys spent an average of £217,000 on their property – £11,000 more than a year ago, and £59,000 more than in April 2018.

By comparison, former owner-occupiers paid £279,000 on average in April – 28.7% more than first-time buyers.

Property types

Owners of flats saw the biggest rise in property prices in Powys in April – they increased 1.9%, to £100,493 on average. Over the last year, prices rose by 3.6%.

Among other types of property:

  • Detached: up 1.5% monthly; up 5.8% annually; £336,112 average
  • Semi-detached: up 1.4% monthly; up 5.6% annually; £220,044 average
  • Terraced: up 1.4% monthly; up 5.2% annually; £170,232 average

How do property prices in Powys compare?

Buyers paid 16.9% more than the average price in Wales (£213,000) in April for a property in Powys. Across Wales, property prices are low compared to those across the UK, where the average cost £286,000.

The most expensive properties in Wales were in Monmouthshire – £362,000 on average, and 1.5 times the price as in Powys. Monmouthshire properties cost 2.8 times the price as homes in Blaenau Gwent (£129,000 average), at the other end of the scale.

The highest property prices across the UK were in Kensington and Chelsea.


Average property price in April

  • Powys: £248,696
  • Wales:£212,834
  • UK: £286,489

Annual growth to April

  • Powys: +5.6%
  • Wales: +2%
  • UK: +3.5%

Highest and lowest annual growth in Wales

  • Merthyr Tydfil: +11.6%
  • Anglesey: -3.1%