Property trends for Llandrindod Wells (LD)

At £276,513, the average property price in LD sits well below the national average, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 3.5% annually—a pace notably above the national average, suggesting steady, consistent appreciation despite the lower absolute price level.

Monthly rents average £609, significantly below the national average and among the lowest nationally. Rent growth over ten years has been modest at 3.0% annually, running below the national pace. The flat yield of 7.7% is notably attractive, reflecting the combination of low purchase prices and modest rents, and represents a healthy income return for landlords.

Average net household income of £31,929 is well below the national average, placing the area among the lowest-earning regions. The price-to-income ratio of 8.3x has deteriorated since 2016 (when it stood at 7.6x), indicating that property has become less affordable relative to local earnings. Rental affordability, however, has improved: the rent-to-income ratio has fallen from 20.86% in 2016 to 19.94% today, easing the burden on renters despite low incomes.

The population is notably older and more settled than the national average. Those aged 65 and over account for 30.3%—far above the national average of 19.6%—while the 16–24 age group at 7.7% is substantially below the 11.0% national figure. Housing tenure reflects strong owner-occupation: 51.1% own outright (well above the 33.7% national average), while private renting at 18.7% sits below the national 21.7%. The employment mix is dominated by skilled trades at 22.8%—nearly double the national 10.5%—while professional occupations at 13.3% are notably underrepresented compared to the national 20.5%.