Welshpool

Area Guide For Welshpool

Welshpool is a town in the province of Powys in Wales, in the noteworthy area of Montgomeryshire, 4 miles from the Wales–England outskirt. The town is low-lying on the River Severn; its Welsh dialect name Y Trallwng truly signifies "the mucky or sinking area". Welshpool is the fourth biggest town in Powys. 

In English it was at first known as Pool however its name was changed to Welshpool in 1835 to recognize it from the English town of Poole. It has a populace of 6,664 (United Kingdom 2011 measurements), contains much Georgian structural engineering and is simply north of Powis Castle.

 
 

Welshpool Map

Estimated Price: £192,969
Average Asking Price: £256,774
Price change in last one year: £2,967
Average Price Paid: £174,327
Average Rent Rates: £6,834

 
 

Property Prices Breakdown in Welshpool

Average Price for property in Welshpool is around £192,969 which varies based on type of property you are interested in and ranges from £244,332 for detached house to around £140,582 for semi-detached. Similarly terraced house is around £120,221 and a flat is worth £87,988. Values have been changing and have risen £579 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,164 in last 6 months, £2,967 in last 1 year, £10,032 in last 2 years, £14,070 in last 3 years, £20,752 in last 4 years and £14,534 in last 5 years.

Currently average asking price of a property in Welshpool is around £256,774 based on approximately 148 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £6,834 per month.

Estimated property value in Welshpool is £192,969. Average asking price is £256,774 while average price paid is £182,914 which is up by £2,967 and Avg. asking rent £6,834.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 Welshpool area. In last 1 year alone average price buyer paid is around £182,914 based on approximately 148 sales in Welshpool area alone. If you compare it to last 3 years sales of 454 properties where buyers paid around £175,568. 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 £174,327 for 724 and average amount paid for purchase of approx. 970 properties sold in last 7 years comes to about £174,715 per sale.

 
 

Properties For Sale in Welshpool

 
 

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 £174,656, £208,063 for a 3 bedroom house, £280,638 for a 4 bedroom house and £316,450 for a 5 bedroom house. For a flat the prices of 3 bedroom is £79,950. To sum up the asking prices for properties in Welshpool it comes to around average £174,656 for 2 bedroom property, £202,725 for 3 bedroom, £280,638 for 4 bedroom and £316,450 for 5 bedroom.

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 £368 for 1 bedroom to £644 for 3 bedroom and £650 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £340. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £360. You should be generally be expecting around average £349 rent per month for single bedroom property, £360 for 2 bedroom, £644 for 3 bedroom and approximately £650 for 5 bedroom property in Welshpool area.

Popular Houses in Welshpool

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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