Key indicators for buyers
The SY24 market is moderately favourable for buyers. 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 £250,000 with a 25% deposit (£63k), a 2-year fixed mortgage at 3.97% costs around £987 per month.
Monthly cost comparison based on current data
Uses SY24 avg. price with Ceredigion rental data
Monthly mortgage payments (£987) are £278 more than renting (£709). However, buying requires an upfront deposit of £63k — it would take around 17 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
1, BRYNGWYN CLOSE SY24 5JH | Detached | £250,000 | 19 Jan 2026 |
NEWLANDS SY24 5LJ | Terraced | £250,000 | 19 Dec 2025 |
MAESAWELON, PENYGARN SY24 5BQ | Detached | £427,500 | 12 Dec 2025 |
24, MAESCEIRO SY24 5BG | Detached | £240,000 | 12 Dec 2025 |
GLAS Y GORWEL SY24 5NR | Detached | £335,000 | 1 Dec 2025 |
BUSHBURY, GLANWERN SY24 5LT | Terraced | £220,000 | 1 Dec 2025 |
31, MAES AFALLEN SY24 5BL | Detached | £270,000 |
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 SY24 sold for £250,000 in 2026, with a median of £250,000 across 1 transactions. Prices rose 1.2% compared to the previous year.
| 24 Nov 2025 |
23, BRYNCASTELL SY24 5DE | Semi-detached | £215,000 | 21 Nov 2025 |
WHITECREST, CLIFF DRIVE SY24 5NL | Detached | £345,000 | 20 Nov 2025 |
BRODAWEL SY24 5EZ | Terraced | £175,000 | 5 Nov 2025 |
SEAGULLS, FFORDD Y FULFRAN SY24 5ND | Detached | £275,000 | 4 Nov 2025 |
2, PENRHIW SY24 5EB | Terraced | £136,600 | 31 Oct 2025 |
76, BRYNCASTELL SY24 5DF | Semi-detached | £230,000 | 22 Oct 2025 |
TYCERRIG, HIGH STREET SY24 5JQ | Detached | £253,000 | 21 Oct 2025 |
4, MAES HENLLAN, LLANDRE SY24 5DD | Terraced | £160,000 | 14 Oct 2025 |
OTAGO SY24 5JP | Semi-detached | £260,000 | 30 Sept 2025 |
GER Y DON, HIGH STREET SY24 5LH | Detached | £285,000 | 29 Sept 2025 |
BWLCH-Y-GWYNT, BONTGOCH SY24 5DP | Detached | £635,000 | 26 Sept 2025 |
FLAT 3, THE EMPORIUM SY24 5ER | Flat/Maisonette | £132,000 | 25 Sept 2025 |
5, PANTYDDERWEN, LLANDRE SY24 5BT | Terraced | £165,000 | 25 Sept 2025 |
The most recent recorded sale in SY24 was a detached property on Bryngwyn Close for £250,000 in January 2026. Across the last 20 sales, the median price was £250,000.