Builth Wells

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Area Guide For Builth Wells

Builth Wells is a town in the region of Powys, inside the notable limits of Brecknockshire, mid Wales, lying at the juncture of the River Wye and the River Irfon, in the Welsh of the Wye Valley. It has a populace of 2,352. 

A considerable lot of the town's structures, including the 1876 Market Hall, were constructed from stone from Llanelwedd Quarry. A great part of the confronting and other dressed stone utilized as a part of the development of the Elan Valley dams was likewise quarried here. The Quarry delivered the first event of laumontite in Wales The quarry is as of now worked by Hanson Aggregates.


Builth Wells Map

Estimated Price: £196,002
Average Asking Price: £222,576
Price change in last one year: £9,566
Average Price Paid: £180,641
Average Rent Rates: £379


Property Prices Breakdown in Builth Wells

Average Price for property in Builth Wells is around £196,002 which varies based on type of property you are interested in and ranges from £251,123 for detached house to around £161,393 for semi-detached. Similarly terraced house is around £125,400 and a flat is worth £81,433. Values have been changing and have risen £593 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,159 in last 6 months, £9,566 in last 1 year, £21,338 in last 2 years, £13,379 in last 3 years, £12,786 in last 4 years and £12,393 in last 5 years.

Currently average asking price of a property in Builth Wells is around £222,576 based on approximately 52 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £379 per month.

Estimated property value in Builth Wells is £196,002. Average asking price is £222,576 while average price paid is £181,468 which is up by £9,566 and Avg. asking rent £379.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 Builth Wells area. In last 1 year alone average price buyer paid is around £181,468 based on approximately 52 sales in Builth Wells area alone. If you compare it to last 3 years sales of 162 properties where buyers paid around £178,515. 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 £180,641 for 247 and average amount paid for purchase of approx. 341 properties sold in last 7 years comes to about £178,783 per sale.


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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 2 bedroom is around £122,861, £174,032 for a 3 bedroom house, £323,934 for a 4 bedroom house and £370,000 for a 5 bedroom house. For a flat similarly the prices varies from £71,000 for a single bedroom to £105,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Builth Wells it comes to around average £71,000 for 1 bedroom property, £120,480 for 2 bedroom, £174,032 for 3 bedroom, £323,934 for 4 bedroom and £370,000 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 £451 for 1 bedroom to £427 for 2 bedroom and £572 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £279. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £368. You should be generally be expecting around average £322 rent per month for single bedroom property, £427 for 2 bedroom and approximately £470 for 3 bedroom property in Builth Wells area.

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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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