Key indicators for buyers
The SY23 market is moderately favourable for buyers. Prices are rising at 20.7%, which may favour acting sooner rather than later. Affordability has improved from a peak of 9.7x in 2007 to 6.9x today. Rising rents (£709/mo, +5.4%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Ceredigion area
A home in Ceredigion costs 6.9x the local median salary — moderate, improving from a peak of 9.7x in 2007.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Ceredigion area
Average monthly rent in Ceredigion is £709, up 5.4% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Ceredigion price of £288,250 with a 25% deposit (£72k), a 2-year fixed mortgage at 3.97% costs around £1,138 per month.
Monthly cost comparison based on current data
Uses SY23 avg. price with Ceredigion rental data
Monthly mortgage payments (£1,138) are £429 more than renting (£709). However, buying requires an upfront deposit of £72k — it would take around 24 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
OLD POST OFFICE, PENBONTRHYDYBEDDAU SY23 3EZ | Detached | £235,000 | 26 Jan 2026 |
49, Y LANFA, TREFECHAN SY23 1AS | Flat/Maisonette | £255,000 | 20 Jan 2026 |
66, GER Y LLAN, PENRHYNCOCH SY23 3HQ | Detached | £285,000 | 19 Jan 2026 |
LLYS Y COED, PENRHYNCOCH SY23 3ED | Detached | £225,000 | 19 Jan 2026 |
44, MAES CRUGIAU, RHYDYFELIN SY23 4PP | Detached | £380,000 | 19 Jan 2026 |
8, ALBION FIELDS SY23 5HS | Detached | £263,500 | 16 Jan 2026 |
GLYNDWR, PENGLAIS ROAD SY23 2EU | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SY23 sold for £288,250 in 2026, with a median of £259,250 across 10 transactions. Prices rose 20.7% compared to the previous year.
| £355,000 |
| 9 Jan 2026 |
1, BRO ARTH, PENNANT SY23 5JJ | Semi-detached | £197,000 | 9 Jan 2026 |
35, THIRD AVENUE, PENPARCAU SY23 1RF | Semi-detached | £206,000 | 6 Jan 2026 |
84, MAESCEINION, WAUNFAWR SY23 3QQ | Detached | £481,000 | 5 Jan 2026 |
11D, MAES YR AWEL, PONTERWYD SY23 3JT | Semi-detached | £135,000 | 19 Dec 2025 |
29, HEOL ISFOEL SY23 5BJ | Semi-detached | £185,000 | 19 Dec 2025 |
33, HEOL ISFOEL SY23 5BJ | Semi-detached | £195,000 | 19 Dec 2025 |
10, CYLCH PERIS SY23 5HN | Semi-detached | £220,000 | 19 Dec 2025 |
30, STAD CRAIG DDU SY23 5AQ | Semi-detached | £226,500 | 19 Dec 2025 |
FLAT 4, 2, SOUTH MARINE TERRACE SY23 1JX | Flat/Maisonette | £299,000 | 19 Dec 2025 |
72, MAESCEINION, WAUNFAWR SY23 3QJ | Detached | £260,000 | 19 Dec 2025 |
25, HIGH STREET SY23 1JG | Terraced | £230,000 | 19 Dec 2025 |
11C, MAES YR AWEL, PONTERWYD SY23 3JT | Semi-detached | £135,000 | 19 Dec 2025 |
34, HEOL ISFOEL SY23 5BJ | Semi-detached | £185,000 | 19 Dec 2025 |
The most recent recorded sale in SY23 was a detached property for £235,000 in January 2026. Across the last 20 sales, the median price was £230,000.