House prices dropped slightly in Powys between May and June, new figures show.

But the drop does not reverse the longer-term trend, which has seen property prices in the area achieve 4.2 per cent annual growth.

The average Powys house price in June was £186,215, Land Registry figures show – a 0.4 per cent decrease on May.

Over the month, the picture was worse than that across Wales, where prices increased 2.7 per cent, and Powys underperformed compared to the 0.7 per cent rise for the UK as a whole.

Over the last year, the average sale price of property in Powys rose by £7,500 – putting the area fourth among Wales’s 22 local authorities for annual growth.

The best annual growth in the region was in Ceredigion, where properties increased on average by 11.8 per cent, to £207,000. At the other end of the scale, properties in Gwynedd dropped 5.9 per cent in value, giving an average price of £149,000.

Winners and Losers

Owners of flats fared worst in Powys in June – they dropped 0.8 per cent in price, to £81,441 on average​. But over the last year, prices rose by 1.7 per cent.

Among other types of property:

Detached: down 0.6 per cent monthly; up four per cent annually; £247,106 average

Semi-detached: down 0.2 per cent monthly; up 4.8 per cent annually; £165,839 average

Terraced: down 0.4 per cent monthly; up 4.4 per cent annually; £129,862 average

First steps on the property ladder

First-time buyers in Powys spent an average of £​164,100 on their property – ​£6,800 more than a year ago, ​and ​£24,200 more than in Jun-15.

By comparison, former owner-occupiers paid £​207,000 on average in June​ – 26.2 per cent more than first-time buyers.

How do property prices in Powys compare?

Buyers paid 11.2 per cent more than the average price in Wales (£168,000) in June for a property in Powys. Across Wales, property prices are low compared to those across the UK, where the average cost £238,000.

The most expensive properties in Wales were in Monmouthshire – £265,000 on average, and 1.4 times as much as in Powys. Monmouthshire properties cost 2.8 times as much as homes in Blaenau Gwent (£96,000 average), at the other end of the scale.

The highest property prices across the UK were in Kensington and Chelsea, where the average June sale price of £1.4 million could buy 15 properties in Burnley (average £92,000).


  • Average property price in June

Powys: £186,215

Wales: £167,505

UK: £237,834

  • Annual growth to June

Powys: +4.2 per cent

Wales: +2.8 per cent

UK: +3.4 per cent

  • Best and worst annual growth in Wales

Ceredigion: +11.8 per cent

Gwynedd: -5.9 per cent