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House Prices in LL23

The average house price in LL23 (Bala) is £120,000 using HM Land Registry data.

The average property price increased by £94,832 (12.9%) over the last 5 years and increased by £18,958 (2.14%) over the last 12 months.

Over the last year, there were 31 residential property sales – a decrease of 11 transactions (-35.48%) relative to the previous year. The majority of house sales (16) were in the £100,000 - £180,000 range. Then came properties in the £180,000 - £260,000 range, where 5 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 32 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,900 (-2%).

In June 2024, there were 5 new estate agency instructions, 9 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in LL23 (Bala)

12.9%

Property prices in Bala increased by 12.9% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LL23 (Bala) Over the Last Year

2.14%

Property prices in Bala increased by 2.14% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for LL23 (Bala) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LL23 (Bala)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LL23 (Bala)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LL23 (Bala)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LL23 (Bala) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL23 postcode area since 1995.

Recent Sales in LL23 (Bala)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
18 Craig Y Fron, Bala, Gwynedd, LL23 7UW	£495,000	£482,500	-£12,500	15 Dec 2023	17 May 2024	154 Days
12 Church Street, Llandderfel, Bala, Gwynedd, LL23 7HL	£120,000	£120,000	£00	12 Oct 2023	05 Apr 2024	176 Days
37 Blaen Ddol, Bala, Gwynedd, LL23 7BB	£125,000	£120,000	-£5,000	12 Sep 2023	11 Mar 2024	181 Days
13 Blaen Ddol, Bala, Gwynedd, LL23 7BB	£120,000	£120,000	£00	16 Jan 2024	16 Feb 2024	31 Days
23 Bro Eryl, Bala, Gwynedd, LL23 7AR	£149,000	£143,000	-£6,000	16 May 2023	21 Dec 2023	219 Days
17 Heol Aran, Bala, Gwynedd, LL23 7SP	£135,000	£130,000	-£5,000	15 Jun 2023	28 Nov 2023	166 Days
4 Maes Tegid, Bala, Gwynedd, LL23 7BF	£375,000	£370,000	-£5,000	01 Jun 2023	13 Sep 2023	104 Days
9 Trem Y Ffridd, Bala, Gwynedd, LL23 7DG	£200,000	£195,000	-£5,000	24 Apr 2023	31 Aug 2023	129 Days
Meloch Cottage, Heol Aran, Bala, Gwynedd, LL23 7SP	£150,000	£146,000	-£4,000	10 Mar 2023	29 Jun 2023	111 Days
7 Church Street, Llandderfel, Bala, Gwynedd, LL23 7HL	£120,000	£120,000	£00	17 Jan 2023	09 Jun 2023	143 Days
2 Castle Street, Bala, Gwynedd, LL23 7UU	£110,000	£105,000	-£5,000	07 Mar 2023	05 Jun 2023	90 Days
4 Chapel Row, Llandderfel, Bala, Gwynedd, LL23 7HN	£145,000	£145,000	£00	20 Feb 2023	19 May 2023	88 Days
25 Maesybronydd, Bala, Gwynedd, LL23 7AN	£100,000	£90,000	-£10,000	16 Sep 2022	21 Apr 2023	217 Days
36 Yr Hafan, Bala, Gwynedd, LL23 7AU	£158,000	£158,000	£00	17 Aug 2022	22 Feb 2023	189 Days
48 Arenig Street, Bala, Gwynedd, LL23 7AL	£89,500	£89,500	£00	12 Sep 2022	02 Feb 2023	143 Days
6 Cysgod Y Coleg, Bala, Gwynedd, LL23 7BD	£137,500	£127,000	-£10,500	24 Jan 2023	24 Jan 2023	0 Days
52 Mount Street, Bala, Gwynedd, LL23 7RS	£120,000	£115,000	-£5,000	15 Jul 2022	21 Dec 2022	159 Days
18 Castle Street, Bala, Gwynedd, LL23 7UU	£135,000	£135,000	£00	14 Jun 2022	30 Nov 2022	169 Days
12 Cae Gadlas, Bala, Gwynedd, LL23 7AT	£385,000	£340,000	-£45,000	19 Oct 2021	14 Sep 2022	330 Days
17 Tanyfoel, Llanfor, Bala, Gwynedd, LL23 7DT	£135,000	£130,000	-£5,000	09 Mar 2022	24 Jun 2022	107 Days

Most Expensive Streets in LL23 (Bala)

Postcode	Street	Area	Average	No. of Sales
LL23 7NY	Capel Celyn	Bala	£492,666	3
LL23 7YS	Parc	Bala	£403,833	3
LL23 7UW	Craig Y Fron	Bala	£384,000	3
LL23 7HT	Llandderfel	Bala	£373,112	4
LL23 7RF	Llandderfel	Bala	£268,666	3
LL23 7LG	Sarnau	Bala	£262,200	5
LL23 7NT	Fron Goch	Bala	£247,400	5
LL23 7RY	Ffrydan Road	Bala	£245,333	3
LL23 7AT	Cae Gadlas	Bala	£243,237	4
LL23 7TW	Llanuwchllyn	Bala	£233,000	3

Least Expensive Streets in LL23 (Bala)

Postcode	Street	Area	Average	No. of Sales
LL23 7AJ	Arenig Row	Bala	£66,125	4
LL23 7BB	Blaen Ddol	Bala	£100,000	3
LL23 7RS	Mount Street	Bala	£102,437	8
LL23 7UU	Castle Street	Bala	£106,666	3
LL23 7AN	Maesybronydd	Bala	£107,400	5
LL23 7HL	Church Street, Llandderfel	Bala	£111,666	3
LL23 7UA	Church Street, Llanuwchllyn	Bala	£124,500	3
LL23 7AH	Arenig Street	Bala	£126,500	9
LL23 7AR	Bro Eryl	Bala	£136,500	4
LL23 7EL	Tegid Street	Bala	£136,625	4