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House Prices in LL53 House Prices in LL53 (Pwllheli)

The average house price in LL53 (Pwllheli) is £248,550 using HM Land Registry data.

The average property price increased by £116,131 (31.71%) over the last 5 years and increased by £23,263 (4.61%) over the last 12 months.

Over the last year, there were 143 residential property sales – a decrease of 44 transactions (-30.77%) relative to the previous year. The majority of house sales (35) were in the £198,000 - £286,000 range. Then came properties in the £110,000 - £198,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 184 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,276 (-5%).

In January 2025, there were 36 new estate agency instructions, 22 agreed home sales and 34 property price reductions.

Nearby Postcodes: LL49, LL51, LL52, LL54, LL55, LL61

5-Year Average Property Prices in LL53 (Pwllheli)

31.71%

Property prices in LL53 (Pwllheli) increased by 31.71% 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 LL53 (Pwllheli) Over the Last Year

4.61%

Property prices in LL53 (Pwllheli) increased by 4.61% 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.

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).

Property Market Heat Gauge for LL53 (Pwllheli) - January 2025

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 LL53 (Pwllheli)

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 LL53 (Pwllheli)

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 LL53 (Pwllheli)

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 LL53 (Pwllheli) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL53 postcode area since 1995.

Recent Sales in LL53 (Pwllheli)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Apartment 8, West End Point, West End Parade, Pwllheli, Gwynedd, LL53 5PN£129,995£128,000-£1,99528 Jun 202418 Dec 2024173 Days
2 Lon Glenelen, Abererch, Pwllheli, Gwynedd, LL53 6BX£265,000£253,000-£12,00022 May 202322 Nov 2024550 Days
7 Congl Feddw, Abersoch, Pwllheli, Gwynedd, LL53 7AE£189,500£155,000-£34,50007 Jun 202408 Nov 2024154 Days
Mizzen-top, Lon Bridin, Morfa Nefyn, Pwllheli, Gwynedd, LL53 6BY£599,000£550,000-£49,00012 Oct 202431 Oct 202419 Days
Telynfa, Stryd Y Ffynnon, Nefyn, Pwllheli, Gwynedd, LL53 6HW£199,950£180,000-£19,95017 Jul 202425 Oct 2024100 Days
55 Lon Ceredigion, Pwllheli, Gwynedd, LL53 5PP£299,999£290,000-£9,99926 Mar 202421 Oct 2024209 Days
16 Llwyn Gwalch Estate, Morfa Nefyn, Pwllheli, Gwynedd, LL53 6DE£255,000£237,900-£17,10009 Nov 202321 Oct 2024347 Days
Glandwr, Glanerch, Abererch, Pwllheli, Gwynedd, LL53 6AX£299,950£293,000-£6,95018 Jul 202418 Oct 202492 Days
72 Lon Ceredigion, Pwllheli, Gwynedd, LL53 5PP£310,000£295,000-£15,00007 Sep 202318 Oct 2024407 Days
12 Gerddi, Edern, Pwllheli, Gwynedd, LL53 8YR£189,000£183,500-£5,50018 May 202402 Oct 2024137 Days
13 Cysgod Y Bryn, Llanbedrog, Pwllheli, Gwynedd, LL53 7PY£320,000£310,000-£10,00030 May 202425 Sep 2024118 Days
31 Tan Y Gaer, Abersoch, Pwllheli, Gwynedd, LL53 7LY£569,000£527,500-£41,50012 Mar 202423 Sep 2024195 Days
25 North Street, Pwllheli, Gwynedd, LL53 5EG£100,000£95,000-£5,00027 Jun 202420 Sep 202485 Days
16 Bron Y De, Pwllheli, Gwynedd, LL53 5AT£230,000£222,500-£7,50030 Nov 202319 Aug 2024263 Days
Flat 2, Sarn Badrig, Embankment Road, Pwllheli, Gwynedd, LL53 5AB£115,000£110,000-£5,00029 Aug 202316 Aug 2024353 Days
Dolfriog, Manor Avenue, Pwllheli, Gwynedd, LL53 5AF£325,000£322,500-£2,50017 Jun 202416 Aug 202460 Days
Ty Croes, Lon Fawr, Edern, Pwllheli, Gwynedd, LL53 6YZ£275,000£265,000-£10,00029 Feb 202419 Jul 2024141 Days
9 St Tudwals Estate, Mynytho, Pwllheli, Gwynedd, LL53 7RU£600,000£542,500-£57,50004 Jan 202417 Jul 2024195 Days
22 Kingshead Street, Pwllheli, Gwynedd, LL53 5DR£190,000£180,000-£10,00008 Dec 202328 Jun 2024203 Days
6 Cae Du Estate, Abersoch, Pwllheli, Gwynedd, LL53 7EN£395,000£390,000-£5,00001 Mar 202428 Jun 2024119 Days

Most Expensive Streets in LL53 (Pwllheli)

PostcodeStreetAreaAverageNo. of Sales
LL53 7AGAbersochPwllheli£2,300,9293
LL53 7BABenar Headland, AbersochPwllheli£1,294,0005
LL53 7EFGolf Road, AbersochPwllheli£1,006,6663
LL53 7EUBwlchtocynPwllheli£764,0005
LL53 7EPLlwynonn Estate, AbersochPwllheli£724,2504
LL53 7BTBwlchtocynPwllheli£707,5004
LL53 6BYLon Bridin, Morfa NefynPwllheli£699,0005
LL53 7EHAbersochPwllheli£665,0007
LL53 7ELAbersochPwllheli£641,6427
LL53 7HRAbersochPwllheli£640,3884

Least Expensive Streets in LL53 (Pwllheli)

PostcodeStreetAreaAverageNo. of Sales
LL53 5ABKingsley, Embankment RoadPwllheli£90,5005
LL53 5NLPenrhydlyniogPwllheli£104,5006
LL53 5TLEfailnewyddPwllheli£109,0003
LL53 5LFCaernarvon RoadPwllheli£111,8333
LL53 6LGTair Lon, NefynPwllheli£115,8333
LL53 5HPNew StreetPwllheli£116,6663
LL53 5RFClark TerracePwllheli£117,0003
LL53 5PWTalcymerau Mawr, Talcymerau RoadPwllheli£117,6663
LL53 5EGNorth StreetPwllheli£118,3313
LL53 5RTHigh StreetPwllheli£120,1663

Explore LL53 (Pwllheli) using map

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