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House Prices in LL49

The average house price in LL49 (Porthmadog) is £190,666 using HM Land Registry data.

The average property price increased by £52,617 (4.77%) over the last 5 years and increased by £10,543 (0.84%) over the last 12 months.

Over the last year, there were 55 residential property sales – a decrease of 17 transactions (-30.91%) relative to the previous year. The majority of house sales (15) were in the £154,000 - £198,000 range. Then came properties in the £198,000 - £242,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 126 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,772 (-4%).

In Dec 24, there were 5 new estate agency instructions, 3 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in LL49 (Porthmadog)

4.77%

Property prices in Porthmadog increased by 4.77% 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 LL49 (Porthmadog) Over the Last Year

0.84%

Property prices in Porthmadog increased by 0.84% 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 LL49 (Porthmadog) - Dec 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 LL49 (Porthmadog)

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 LL49 (Porthmadog)

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 LL49 (Porthmadog)

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 LL49 (Porthmadog) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL49 postcode area since 1995.

Recent Sales in LL49 (Porthmadog)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
59 Madoc Street, Porthmadog, Gwynedd, LL49 9BU	£225,000	£215,000	-£10,000	08 Jun 2024	08 Nov 2024	153 Days
23 Cefn Y Gader, Morfa Bychan, Porthmadog, Gwynedd, LL49 9JA	£259,950	£250,000	-£9,950	03 Jun 2024	05 Nov 2024	155 Days
1 East Avenue, Porthmadog, Gwynedd, LL49 9EN	£185,000	£182,000	-£3,000	12 Mar 2024	22 Oct 2024	224 Days
72 New Street, Porthmadog, Gwynedd, LL49 9EE	£200,000	£195,000	-£5,000	02 Oct 2023	22 Oct 2024	386 Days
Old Custom House, Britannia Terrace, Porthmadog, Gwynedd, LL49 9NB	£265,000	£135,000	-£130,000	06 Jun 2018	16 Oct 2024	2324 Days
38 South Snowdon Wharf, Porthmadog, Gwynedd, LL49 9ND	£175,000	£175,000	£00	20 Jun 2024	04 Oct 2024	106 Days
45 South Snowdon Wharf, Porthmadog, Gwynedd, LL49 9NE	£265,000	£265,000	£00	30 May 2024	20 Sep 2024	113 Days
14 Garth Terrace, Porthmadog, Gwynedd, LL49 9BE	£180,000	£177,500	-£2,500	01 Jul 2024	30 Aug 2024	60 Days
9f, Craig Madog, Tremadog, Porthmadog, Gwynedd, LL49 9TG	£225,000	£225,000	£00	03 Jul 2024	27 Aug 2024	55 Days
13 Lombard Street, Porthmadog, Gwynedd, LL49 9AP	£159,000	£140,000	-£19,000	23 Nov 2023	23 Aug 2024	274 Days
16 Dora Street, Porthmadog, Gwynedd, LL49 9AF	£225,000	£220,000	-£5,000	10 Jan 2024	31 Jul 2024	203 Days
10 Ralph Street, Borth Y Gest, Porthmadog, Gwynedd, LL49 9UA	£299,950	£292,000	-£7,950	20 Sep 2023	13 Jun 2024	267 Days
21 Craig Madog, Tremadog, Porthmadog, Gwynedd, LL49 9TG	£195,000	£190,000	-£5,000	14 Nov 2023	01 May 2024	169 Days
72 Chapel Street, Porthmadog, Gwynedd, LL49 9DN	£189,950	£175,000	-£14,950	27 Sep 2023	26 Apr 2024	212 Days
Flat 84, Glaslyn Bridge, High Street, Porthmadog, Gwynedd, LL49 9AE	£270,000	£242,500	-£27,500	12 Aug 2023	02 Apr 2024	234 Days
1 Cefn Y Gader, Morfa Bychan, Porthmadog, Gwynedd, LL49 9JA	£260,000	£240,000	-£20,000	04 Aug 2023	22 Mar 2024	231 Days
15 Garth Terrace, Porthmadog, Gwynedd, LL49 9BE	£175,000	£172,500	-£2,500	02 Nov 2023	19 Mar 2024	138 Days
25 Glanmorfa Terrace, Tremadog, Porthmadog, Gwynedd, LL49 9RW	£110,000	£110,000	£00	17 Jul 2023	15 Mar 2024	242 Days
1 Meadow Drive, Porthmadog, Gwynedd, LL49 9HU	£328,000	£300,000	-£28,000	06 Jun 2023	13 Mar 2024	281 Days
29 Awel Y Grug, Porthmadog, Gwynedd, LL49 9GA	£275,000	£255,000	-£20,000	18 Jul 2023	29 Feb 2024	226 Days

Most Expensive Streets in LL49 (Porthmadog)

Postcode	Street	Area	Average	No. of Sales
LL49 9UF	Borth Y Gest	Porthmadog	£548,150	4
LL49 9TW	Borth Y Gest	Porthmadog	£523,750	4
LL49 9UT	Morfa Bychan Road	Porthmadog	£468,333	3
LL49 9YD	Morfa Bychan	Porthmadog	£311,750	10
LL49 9YR	Y Ffridd, Morfa Bychan	Porthmadog	£287,916	12
LL49 9UY	Morfa Bychan	Porthmadog	£287,100	5
LL49 9UA	Ralph Street, Borth Y Gest	Porthmadog	£285,625	4
LL49 9HU	Meadow Drive	Porthmadog	£271,583	6
LL49 9PF	Morfa Lodge Estate	Porthmadog	£268,000	5
LL49 9TP	Borth Y Gest	Porthmadog	£239,714	7

Least Expensive Streets in LL49 (Porthmadog)

Postcode	Street	Area	Average	No. of Sales
LL49 9AL	Osmond Lane	Porthmadog	£77,333	3
LL49 9RY	Bryncir Terrace, Penmorfa	Porthmadog	£102,500	5
LL49 9SS	London Terrace, Prenteg	Porthmadog	£116,250	4
LL49 9DS	Chapel Street	Porthmadog	£125,083	6
LL49 9DN	Chapel Street	Porthmadog	£143,540	10
LL49 9EN	East Avenue	Porthmadog	£146,375	4
LL49 9BU	Madoc Street	Porthmadog	£148,250	12
LL49 9AJ	The Oakeleys	Porthmadog	£151,500	4
LL49 9BA	Terrace Road	Porthmadog	£151,825	6
LL49 9AR	Heol Y Parc	Porthmadog	£153,250	4