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House Prices in LL53

The average house price in LL53 (Pwllheli) is £295,833 using HM Land Registry data.

The average property price increased by £134,114 (31.71%) over the last 5 years and increased by £26,872 (4.61%) over the last 12 months.

Over the last year, there were 126 residential property sales – a decrease of 68 transactions (-53.97%) relative to the previous year. The majority of house sales (28) were in the £214,000 - £298,000 range. Then came properties in the £130,000 - £214,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,187 (-5%).

In Oct 24, there were 36 new estate agency instructions, 24 agreed home sales and 35 property price reductions.

5-Year Average Property Prices in LL53 (Pwllheli)

31.71%

Property prices in 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 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.

Property Market Heat Gauge for LL53 (Pwllheli) - Oct 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
16 Bron Y De, Pwllheli, Gwynedd, LL53 5AT	£230,000	£222,500	-£7,500	30 Nov 2023	19 Aug 2024	263 Days
Flat 2, Sarn Badrig, Embankment Road, Pwllheli, Gwynedd, LL53 5AB	£115,000	£110,000	-£5,000	29 Aug 2023	16 Aug 2024	353 Days
Dolfriog, Manor Avenue, Pwllheli, Gwynedd, LL53 5AF	£325,000	£322,500	-£2,500	17 Jun 2024	16 Aug 2024	60 Days
Ty Croes, Lon Fawr, Edern, Pwllheli, Gwynedd, LL53 6YZ	£275,000	£265,000	-£10,000	29 Feb 2024	19 Jul 2024	141 Days
9 St Tudwals Estate, Mynytho, Pwllheli, Gwynedd, LL53 7RU	£600,000	£542,500	-£57,500	04 Jan 2024	17 Jul 2024	195 Days
22 Kingshead Street, Pwllheli, Gwynedd, LL53 5DR	£190,000	£180,000	-£10,000	08 Dec 2023	28 Jun 2024	203 Days
6 Cae Du Estate, Abersoch, Pwllheli, Gwynedd, LL53 7EN	£395,000	£390,000	-£5,000	01 Mar 2024	28 Jun 2024	119 Days
Faraway, Lon Golff, Morfa Nefyn, Pwllheli, Gwynedd, LL53 6DA	£750,000	£686,500	-£63,500	16 Jun 2023	28 Jun 2024	378 Days
11 Llwyn Gwalch Estate, Morfa Nefyn, Pwllheli, Gwynedd, LL53 6DE	£210,000	£186,000	-£24,000	03 Aug 2023	11 Jun 2024	313 Days
4 St Tudwals Estate, Mynytho, Pwllheli, Gwynedd, LL53 7RU	£499,950	£485,000	-£14,950	02 Apr 2024	07 Jun 2024	66 Days
8 Cardiff Road, Pwllheli, Gwynedd, LL53 5NU	£360,000	£350,000	-£10,000	16 Nov 2023	07 Jun 2024	204 Days
8 Fron Hyfryd Terrace, Llithfaen, Pwllheli, Gwynedd, LL53 6NT	£159,000	£151,000	-£8,000	08 Sep 2023	06 Jun 2024	272 Days
2 Madoc Street, Y Ffor, Pwllheli, Gwynedd, LL53 6UH	£135,000	£120,000	-£15,000	22 Nov 2023	24 May 2024	184 Days
26 Bro Gwylwyr, Nefyn, Pwllheli, Gwynedd, LL53 6LF	£265,000	£250,000	-£15,000	23 Dec 2023	13 May 2024	142 Days
Bwthyn Bach, Ffordd Dewi Sant, Nefyn, Pwllheli, Gwynedd, LL53 6EG	£135,000	£132,000	-£3,000	26 Dec 2023	29 Apr 2024	125 Days
3 Glyn Y Marian, Llanbedrog, Pwllheli, Gwynedd, LL53 7TW	£235,000	£210,000	-£25,000	23 Dec 2023	24 Apr 2024	123 Days
56 Bro Gwylwyr, Nefyn, Pwllheli, Gwynedd, LL53 6LF	£275,000	£265,000	-£10,000	24 Nov 2023	24 Apr 2024	152 Days
15 Tyn Y Mur Estate, Morfa Nefyn, Pwllheli, Gwynedd, LL53 6DF	£279,995	£265,000	-£14,995	01 Sep 2023	15 Mar 2024	196 Days
24 Bro Gwylwyr, Nefyn, Pwllheli, Gwynedd, LL53 6LF	£290,000	£282,000	-£8,000	05 Sep 2022	15 Feb 2024	528 Days
15 Glan Cymerau, Pwllheli, Gwynedd, LL53 5PU	£350,000	£350,000	£00	27 Oct 2023	12 Feb 2024	108 Days

Most Expensive Streets in LL53 (Pwllheli)

Postcode	Street	Area	Average	No. of Sales
LL53 7BA	Benar Headland, Abersoch	Pwllheli	£1,345,000	6
LL53 7EF	Golf Road, Abersoch	Pwllheli	£1,006,666	3
LL53 7EU	Bwlchtocyn	Pwllheli	£764,000	5
LL53 7EP	Llwynonn Estate, Abersoch	Pwllheli	£724,250	4
LL53 7BT	Bwlchtocyn	Pwllheli	£667,000	5
LL53 7EH	Abersoch	Pwllheli	£665,000	7
LL53 7EL	Abersoch	Pwllheli	£648,416	6
LL53 7TT	Glynyweddw Estate, Llanbedrog	Pwllheli	£640,025	4
LL53 8AG	Rhiw	Pwllheli	£584,760	3
LL53 7HR	Abersoch	Pwllheli	£584,311	5

Least Expensive Streets in LL53 (Pwllheli)

Postcode	Street	Area	Average	No. of Sales
LL53 5AB	Kingsley, Embankment Road	Pwllheli	£90,500	5
LL53 5NL	Penrhydlyniog	Pwllheli	£104,500	6
LL53 5TL	Efailnewydd	Pwllheli	£109,000	3
LL53 5LF	Caernarvon Road	Pwllheli	£111,833	3
LL53 6LG	Tair Lon, Nefyn	Pwllheli	£115,833	3
LL53 5RF	Clark Terrace	Pwllheli	£117,000	3
LL53 5PW	Talcymerau Mawr, Talcymerau Road	Pwllheli	£117,666	3
LL53 6HE	Y Maes, Nefyn	Pwllheli	£117,666	3
LL53 5RT	High Street	Pwllheli	£120,166	3
LL53 5NW	New Row	Pwllheli	£121,000	3