Key indicators for buyers
The HR3 market is moderately favourable for buyers. Prices have softened (-25.3%), which could present a buying opportunity. Affordability has improved from a peak of 8.7x in 2007 to 7.9x today. Rising rents (£616/mo, +10.0%) 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 Powys area
A home in Powys costs 7.9x the local median salary — moderate, improving from a peak of 8.7x in 2007.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Powys area
Average monthly rent in Powys is £616, up 10.0% 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 Powys price of £290,000 with a 25% deposit (£73k), a 2-year fixed mortgage at 3.97% costs around £1,144 per month.
Monthly cost comparison based on current data
Uses HR3 avg. price with Powys rental data
Monthly mortgage payments (£1,144) are £528 more than renting (£616). However, buying requires an upfront deposit of £73k — it would take around 38 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
11, HEOL Y DWR, HAY ON WYE HR3 5AZ | Terraced | £290,000 | 9 Jan 2026 |
3, DE BREOS COURT, HAY ON WYE HR3 5DL | Terraced | £327,500 | 16 Dec 2025 |
THE HOLLIES, ALMELEY HR3 6LQ | Semi-detached | £242,000 | 12 Dec 2025 |
TYGLAS, EARDISLEY HR3 6PP | Detached | £290,000 | 5 Dec 2025 |
2, COUNCIL HOUSES, BRILLEY HR3 6JF | Other | £300,000 | 20 Nov 2025 |
2, COUNCIL HOUSES, BRILLEY HR3 6JF | Semi-detached | £300,000 | 20 Nov 2025 |
THE POWER HOUSE, WHITNEY ON WYE HR3 6HS | Detached |
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 HR3 sold for £290,000 in 2026, with a median of £290,000 across 1 transactions. Prices fell 25.3% compared to the previous year.
| £440,000 |
| 17 Nov 2025 |
3, KILVERTS VIEW, CLYRO HR3 5NQ | Semi-detached | £225,000 | 14 Nov 2025 |
20, BIRCH CLOSE, HAY ON WYE HR3 5TL | Semi-detached | £320,000 | 14 Nov 2025 |
3, SMALLBROOK TERRACE, HAY ON WYE HR3 5AX | Semi-detached | £250,500 | 7 Nov 2025 |
2, CHURCH ROAD BUNGALOWS, EARDISLEY HR3 6NW | Semi-detached | £220,000 | 7 Nov 2025 |
21, CANONFORD AVENUE, EARDISLEY HR3 6PL | Semi-detached | £266,500 | 7 Nov 2025 |
1 TAI YDLAN, BROOK STREET, HAY ON WYE HR3 5BQ | Terraced | £300,000 | 24 Oct 2025 |
20, HEOL Y DWR, HAY ON WYE HR3 5AZ | Terraced | £300,000 | 20 Oct 2025 |
STONEWELL COTTAGE, ALMELEY HR3 6LQ | Detached | £575,000 | 17 Oct 2025 |
7, THE VINEYARDS, WINFORTON HR3 6EA | Detached | £418,000 | 13 Oct 2025 |
CARIAD COTTAGE, 16, BEAR STREET, HAY ON WYE HR3 5AN | Terraced | £187,000 | 3 Oct 2025 |
23, CASTLE STREET, HAY ON WYE HR3 5DF | Other | £352,500 | 1 Oct 2025 |
22, BOOKERS EDGE, HAY ON WYE HR3 5FF | Terraced | £128,000 | 26 Sept 2025 |
OLD STATION HOUSE, ALMELEY HR3 6LB | Other | £475,000 | 26 Sept 2025 |
The most recent recorded sale in HR3 was a terraced property on Heol Y Dwr for £290,000 in January 2026. Across the last 20 sales, the median price was £300,000.