House Prices in LL54 House Prices in LL54 (Caernarfon)

The average house price in LL54 (Caernarfon) is £173,495 using HM Land Registry data.

The average property price increased by £58,844 (24.32%) over the last 5 years and increased by £11,764 (3.71%) over the last 12 months.

Over the last year, there were 111 residential property sales – a decrease of 41 transactions (-36.94%) relative to the previous year. The majority of house sales (39) were in the £110,000 - £150,000 range. Then came properties in the £150,000 - £190,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,490 (-3%).

In June 2024, there were 26 new estate agency instructions, 16 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in LL54 (Caernarfon)

24.32%

Property prices in Caernarfon increased by 24.32% 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 LL54 (Caernarfon) Over the Last Year

3.71%

Property prices in Caernarfon increased by 3.71% 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 LL54 (Caernarfon) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 LL54 (Caernarfon)

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 LL54 (Caernarfon)

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 LL54 (Caernarfon)

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 LL54 (Caernarfon) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL54 postcode area since 1995.

Recent Sales in LL54 (Caernarfon)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Penyrorsedd Terrace, Nantlle, Caernarfon, Gwynedd, LL54 6BH£155,000£140,000-£15,00029 Aug 202303 May 2024248 Days
3 Magdalen Terrace, Llanfaglan, Caernarfon, Gwynedd, LL54 5RD£175,000£160,000-£15,00003 Jul 202328 Mar 2024269 Days
3 Bryn Gwenith, Trefor, Caernarfon, Gwynedd, LL54 5HW£190,000£185,000-£5,00007 Sep 202229 Feb 2024540 Days
6 Victoria Terrace, Nantlle, Caernarfon, Gwynedd, LL54 6BP£180,000£170,000-£10,00026 Oct 202323 Feb 2024120 Days
1 Mount Pleasant Terrace, Llanaelhaearn, Caernarfon, Gwynedd, LL54 5AN£115,000£110,000-£5,00022 Mar 202323 Feb 2024338 Days
Anwylva, Ffordd Llwyndu, Penygroes, Caernarfon, Gwynedd, LL54 6RE£180,000£170,000-£10,00021 Jul 202321 Feb 2024215 Days
2 Penyrorsedd Terrace, Nantlle, Caernarfon, Gwynedd, LL54 6BH£150,000£143,000-£7,00030 Mar 202320 Feb 2024327 Days
45 Hyfrydle Road, Talysarn, Caernarfon, Gwynedd, LL54 6HF£110,000£91,620-£18,38004 Jul 202315 Dec 2023164 Days
8 Rhedyw Road, Llanllyfni, Caernarfon, Gwynedd, LL54 6SG£100,000£96,500-£3,50004 Apr 202314 Dec 2023254 Days
12 Cefn Dyffryn, Groeslon, Caernarfon, Gwynedd, LL54 7TQ£295,000£268,000-£27,00025 Jan 202311 Dec 2023320 Days
24 Stad Llwynaethnen, Trefor, Caernarfon, Gwynedd, LL54 5LE£220,000£215,000-£5,00018 May 202311 Dec 2023207 Days
48 County Road, Penygroes, Caernarfon, Gwynedd, LL54 6EY£165,000£155,000-£10,00024 May 202307 Dec 2023197 Days
Y Rhosydd, Llanllyfni Road, Penygroes, Caernarfon, Gwynedd, LL54 6LY£70,000£70,000£0012 Oct 202301 Dec 202350 Days
10 Lime Street, Trefor, Caernarfon, Gwynedd, LL54 5LR£129,950£122,500-£7,45006 Jan 202323 Nov 2023321 Days
9 Llwyn Y Ne, Clynnogfawr, Caernarfon, Gwynedd, LL54 5BU£175,000£165,000-£10,00002 Aug 202315 Nov 2023105 Days
4 Eifion Terrace, Talysarn, Caernarfon, Gwynedd, LL54 6AL£115,000£110,000-£5,00021 Jun 202327 Oct 2023128 Days
15 Lime Street, Trefor, Caernarfon, Gwynedd, LL54 5LR£155,000£130,000-£25,00029 Dec 202227 Oct 2023302 Days
Isfryn, Gladstone Terrace, Groeslon, Caernarfon, Gwynedd, LL54 7TE£150,000£142,500-£7,50023 May 202325 Oct 2023155 Days
14 Coed Madog Road, Talysarn, Caernarfon, Gwynedd, LL54 6HR£120,000£120,000£0007 Jun 202309 Oct 2023124 Days
3 Bodawen Terrace, Rhostryfan, Caernarfon, Gwynedd, LL54 7NU£145,000£140,000-£5,00015 Feb 202302 Oct 2023229 Days

Most Expensive Streets in LL54 (Caernarfon)

PostcodeStreetAreaAverageNo. of Sales
LL54 7PFRhostryfanCaernarfon£401,6663
LL54 7BGUpper LlandwrogCaernarfon£375,7504
LL54 5BELlanaelhaearnCaernarfon£348,7504
LL54 5EUPontllyfniCaernarfon£345,6663
LL54 5SNTyn Lon, LlandwrogCaernarfon£304,9916
LL54 7YGBontnewyddCaernarfon£300,1254
LL54 5ERPontllyfniCaernarfon£293,1427
LL54 7HERhosgadfanCaernarfon£285,0003
LL54 5PFClynnogfawrCaernarfon£279,0068
LL54 5DETainlonCaernarfon£277,8333

Least Expensive Streets in LL54 (Caernarfon)

PostcodeStreetAreaAverageNo. of Sales
LL54 5HENew Street, TreforCaernarfon£66,4005
LL54 6ASBryn Derwen Terrace, TalysarnCaernarfon£83,0004
LL54 5ANMount Pleasant Terrace, LlanaelhaearnCaernarfon£91,9005
LL54 6ALEifion Terrace, TalysarnCaernarfon£95,6666
LL54 6PWTre Ddafydd, PenygroesCaernarfon£96,8015
LL54 6SWRhedyw Road, LlanllyfniCaernarfon£101,6787
LL54 7TDGroeslonCaernarfon£102,5004
LL54 6HGHyfrydle Road, TalysarnCaernarfon£102,5756
LL54 7ARCarmelCaernarfon£104,1663
LL54 7STGroeslonCaernarfon£104,8333

Explore LL54 (Caernarfon) using map