Brecon

Area Guide For Brecon

Brecon is a market/business town and group in southern Powys, Mid Wales, with a populace of 7,901. Historically in Brecknockshire, it was the notable's region town; despite the fact that its part thusly was obscured with the development of Powys, it remains a critical neighbourhood focus. Brecon is the third biggest town in Powys. It is north of the Brecon Beacons Mountain run yet just inside the Brecon Beacons National Park.

Brecon facilitated the National Eisteddfod in 1889.

Regal sees the yearly Brecon Jazz Festival. Shows are held in both outdoors and indoor venues, including the town's business lobby and the 400-seat Theatre Brycheiniog, which opened in 1997.

 
 

Brecon Map

Estimated Price: £226,470
Average Asking Price: £286,011
Price change in last one year: £17,160
Average Price Paid: £192,368
Average Rent Rates: £748

 
 

Property Prices Breakdown in Brecon

Average Price for property in Brecon is around £226,470 which varies based on type of property you are interested in and ranges from £299,456 for detached house to around £188,233 for semi-detached. Similarly terraced house is around £153,563 and a flat is worth £127,353. Values have been changing and have risen £706 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,568 in last 6 months, £17,160 in last 1 year, £24,612 in last 2 years, £17,345 in last 3 years, £345 in last 4 years and £14,861 in last 5 years.

Currently average asking price of a property in Brecon is around £286,011 based on approximately 189 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £748 per month.

Estimated property value in Brecon is £226,470. Average asking price is £286,011 while average price paid is £192,416 which is up by £17,160 and Avg. asking rent £748.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Brecon area. In last 1 year alone average price buyer paid is around £192,416 based on approximately 189 sales in Brecon area alone. If you compare it to last 3 years sales of 597 properties where buyers paid around £191,849. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £192,368 for 935 and average amount paid for purchase of approx. 1,239 properties sold in last 7 years comes to about £195,595 per sale.

 
 

Properties For Sale in Brecon

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £91,158, £158,216 for a 2 bedroom house, £229,573 for a 3 bedroom house, £342,724 for a 4 bedroom house and £502,607 for a 5 bedroom house. For a flat similarly the prices varies from £93,099 for a single bedroom to £195,970 for a 2 bedroom Flat. To sum up the asking prices for properties in Brecon it comes to around average £91,934 for 1 bedroom property, £162,711 for 2 bedroom, £229,573 for 3 bedroom, £342,724 for 4 bedroom and £502,607 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £399 for 1 bedroom to £543 for 2 bedrooms, £642 for 3 bedrooms, £1,062 for 4 bedrooms and £650 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £432. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £449. You should be generally be expecting around average £424 rent per month for single bedroom property, £512 for 2 bedroom, £642 for 3 bedroom, £1,062 for 4 bedroom and approximately £650 for a 5 bedroom property in Brecon area.

Popular Houses in Brecon

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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