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House Prices in LL31

The average house price in LL31 (Conwy) is £242,490 using HM Land Registry data.

The average property price increased by £73,403 (34.31%) over the last 5 years and increased by £14,674 (4.9%) over the last 12 months.

Over the last year, there were 132 residential property sales – a decrease of 46 transactions (-34.85%) relative to the previous year. The majority of house sales (36) were in the £198,000 - £246,000 range. Then came properties in the £246,000 - £294,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,323 (-4%).

In June 2024, there were 27 new estate agency instructions, 21 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in LL31 (Conwy)

34.31%

Property prices in Conwy increased by 34.31% 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 LL31 (Conwy) Over the Last Year

4.9%

Property prices in Conwy increased by 4.9% 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 LL31 (Conwy) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

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 LL31 (Conwy)

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 LL31 (Conwy)

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 LL31 (Conwy)

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 LL31 (Conwy) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL31 postcode area since 1995.

Recent Sales in LL31 (Conwy)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
44 St Georges Drive, Deganwy, Conwy, LL31 9PP	£310,000	£290,000	-£20,000	10 Feb 2023	16 May 2024	461 Days
4 Narrow Lane, Llandudno Junction, Conwy, LL31 9BB	£205,000	£197,000	-£8,000	08 Sep 2023	26 Apr 2024	231 Days
Flat 2, York Court, York Road, Deganwy, Conwy, LL31 9PX	£210,000	£184,500	-£25,500	21 Nov 2023	26 Apr 2024	157 Days
20 Tir Estyn, Deganwy, Conwy, LL31 9PY	£380,000	£370,000	-£10,000	13 Dec 2023	24 Apr 2024	133 Days
1 Kimberley Road, Llandudno Junction, Conwy, LL31 9EF	£155,000	£145,000	-£10,000	27 Dec 2023	28 Mar 2024	92 Days
84 Albert Drive, Deganwy, Conwy, LL31 9RL	£725,000	£700,000	-£25,000	15 Sep 2023	27 Mar 2024	194 Days
15 Cwm Estyn, Deganwy, Conwy, LL31 9RB	£245,000	£225,000	-£20,000	20 Oct 2023	15 Mar 2024	147 Days
85 Victoria Drive, Llandudno Junction, Conwy, LL31 9PG	£399,950	£350,000	-£49,950	11 Sep 2023	29 Feb 2024	171 Days
26 Cae Derw, Llandudno Junction, Conwy, LL31 9AR	£235,000	£220,000	-£15,000	27 Oct 2023	29 Feb 2024	125 Days
110 Ronald Avenue, Llandudno Junction, Conwy, LL31 9UJ	£210,000	£202,500	-£7,500	02 Oct 2023	23 Feb 2024	144 Days
4 Mckinley Road, Llandudno Junction, Conwy, LL31 9DY	£190,000	£190,000	£00	12 Jul 2023	09 Feb 2024	212 Days
23 Cae Rhos Goed, Llandudno Junction, Conwy, LL31 9PQ	£325,000	£310,000	-£15,000	09 Sep 2023	26 Jan 2024	139 Days
9 Cwm Estyn, Deganwy, Conwy, LL31 9RB	£245,000	£230,000	-£15,000	11 Sep 2023	25 Jan 2024	136 Days
15 Tanyfron, Deganwy, Conwy, LL31 9YL	£260,000	£250,000	-£10,000	27 Jun 2023	19 Jan 2024	206 Days
36 Tanyfron, Deganwy, Conwy, LL31 9YN	£275,000	£270,000	-£5,000	05 Jun 2023	12 Jan 2024	221 Days
6 Pendyffryn, Llandudno Junction, Conwy, LL31 9AS	£199,950	£186,000	-£13,950	01 Aug 2023	05 Jan 2024	157 Days
4 Peniel Street, Deganwy, Conwy, LL31 9UP	£199,950	£196,000	-£3,950	07 Sep 2023	05 Jan 2024	120 Days
29 Maes Y Coed, Deganwy, Conwy, LL31 9NQ	£155,000	£149,000	-£6,000	25 Oct 2023	20 Dec 2023	56 Days
11 Bryn Marl, Llandudno Junction, Conwy, LL31 9BZ	£210,000	£205,000	-£5,000	06 Sep 2023	18 Dec 2023	103 Days
1 Nant Y Glyn, Llandudno Junction, Conwy, LL31 9LG	£220,000	£220,000	£00	24 May 2023	15 Dec 2023	205 Days

Most Expensive Streets in LL31 (Conwy)

Postcode	Street	Area	Average	No. of Sales
LL31 9HQ	Gannock Park West, Deganwy	Conwy	£1,018,000	5
LL31 9PZ	Gannock Park, Deganwy	Conwy	£833,333	3
LL31 9PJ	Gannock Park, Deganwy	Conwy	£680,625	4
LL31 9DQ	Deganwy Quay, Deganwy	Conwy	£587,410	28
LL31 9ST	Warren Drive, Deganwy	Conwy	£478,166	6
LL31 9JE	Pabo Lane, Llandudno Junction	Conwy	£418,333	3
LL31 9QF	Bryn Pydew, Llandudno Junction	Conwy	£416,900	5
LL31 9BW	Hawes Drive, Deganwy	Conwy	£413,333	3
LL31 9BY	Marine Crescent, Deganwy	Conwy	£407,600	10
LL31 9TA	Overlea Avenue, Deganwy	Conwy	£398,000	5

Least Expensive Streets in LL31 (Conwy)

Postcode	Street	Area	Average	No. of Sales
LL31 9LQ	Shamrock Court	Conwy	£100,200	5
LL31 9NN	Caradog Road, Llandudno Junction	Conwy	£104,500	3
LL31 9UL	Park Terrace, Deganwy	Conwy	£121,416	6
LL31 9HB	Woodlands, Llandudno Junction	Conwy	£123,750	4
LL31 9HG	Broad Street, Llandudno Junction	Conwy	£134,100	6
LL31 9DF	Station Road, Deganwy	Conwy	£134,666	6
LL31 9EW	St Margarets Road, Llandudno Junction	Conwy	£136,222	6
LL31 9EN	Penrhos Avenue, Llandudno Junction	Conwy	£136,825	6
LL31 9DY	Mckinley Road, Llandudno Junction	Conwy	£138,000	4
LL31 9HH	Bryntirion Terrace, Llandudno Junction	Conwy	£138,375	4