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House Prices in LL57

The average house price in LL57 (Bangor) is £235,845 using HM Land Registry data.

The average property price increased by £34,991 (24.46%) over the last 5 years and increased by £6,995 (3.73%) over the last 12 months.

Over the last year, there were 229 residential property sales – a decrease of 76 transactions (-33.19%) relative to the previous year. The majority of house sales (64) were in the £100,000 - £146,000 range. Then came properties in the £146,000 - £192,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,985 (-4%).

In June 2024, there were 38 new estate agency instructions, 18 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in LL57 (Bangor)

24.46%

Property prices in Bangor increased by 24.46% 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 LL57 (Bangor) Over the Last Year

3.73%

Property prices in Bangor increased by 3.73% 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 LL57 (Bangor) - 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 LL57 (Bangor)

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 LL57 (Bangor)

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 LL57 (Bangor)

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 LL57 (Bangor) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL57 postcode area since 1995.

Recent Sales in LL57 (Bangor)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
31 Bryn Eithinog, Bangor, Gwynedd, LL57 2LA	£290,000	£285,000	-£5,000	04 Aug 2023	06 May 2024	276 Days
1 Williams Terrace, Bethesda, Bangor, Gwynedd, LL57 3NH	£120,000	£120,000	£00	10 Nov 2023	03 May 2024	175 Days
6 Victoria Avenue, Bangor, Gwynedd, LL57 2EP	£475,000	£455,000	-£20,000	08 Sep 2023	26 Apr 2024	231 Days
3 Penlon Gardens, Bangor, Gwynedd, LL57 1AQ	£200,000	£200,000	£00	18 Jul 2023	12 Apr 2024	269 Days
Caeronnen, Cilfodan, Bethesda, Bangor, Gwynedd, LL57 3SL	£375,000	£350,000	-£25,000	04 Jul 2023	10 Apr 2024	281 Days
10 Glanffrydlas, Bethesda, Bangor, Gwynedd, LL57 3PF	£175,000	£165,000	-£10,000	14 Nov 2023	05 Apr 2024	143 Days
76 Ffriddoedd Road, Bangor, Gwynedd, LL57 2TT	£279,500	£279,500	£00	09 Oct 2023	20 Mar 2024	163 Days
6 Pen Y Ffriddoedd, Tregarth, Bangor, Gwynedd, LL57 4NY	£375,000	£365,000	-£10,000	30 Sep 2023	20 Mar 2024	172 Days
15 Coed Y Castell, Bangor, Gwynedd, LL57 1PH	£335,000	£330,000	-£5,000	10 Aug 2023	14 Mar 2024	217 Days
Bryn Hydd, Holyhead Road, Bangor, Gwynedd, LL57 2EE	£357,500	£340,000	-£17,500	22 Sep 2023	20 Feb 2024	151 Days
8 Nant Cottages, Minffordd, Bangor, Gwynedd, LL57 4DR	£149,950	£144,882	-£5,068	05 Sep 2023	16 Feb 2024	164 Days
10 Ffrydlas Road, Carneddi, Bangor, Gwynedd, LL57 3BH	£240,000	£235,000	-£5,000	30 Aug 2023	01 Feb 2024	155 Days
4 Bryntirion, Bethesda, Bangor, Gwynedd, LL57 3NG	£126,500	£120,000	-£6,500	05 Sep 2023	30 Jan 2024	147 Days
15 Tan Y Graig, Bangor, Gwynedd, LL57 4SD	£147,500	£145,000	-£2,500	28 Sep 2023	19 Jan 2024	113 Days
67 Queens Avenue, Bangor, Gwynedd, LL57 1NH	£125,000	£118,000	-£7,000	11 Jan 2023	18 Jan 2024	372 Days
65 Upper Garth Road, Bangor, Gwynedd, LL57 2SS	£295,000	£275,000	-£20,000	26 Sep 2023	16 Jan 2024	112 Days
15 Glantraeth, Bangor, Gwynedd, LL57 1HQ	£229,500	£226,000	-£3,500	14 Sep 2023	12 Jan 2024	120 Days
42 Rhosfryn, Bangor, Gwynedd, LL57 2DL	£200,000	£185,000	-£15,000	07 Oct 2023	21 Dec 2023	75 Days
19 Bryn Eithinog, Bangor, Gwynedd, LL57 2LA	£271,750	£269,000	-£2,750	21 Aug 2023	20 Dec 2023	121 Days
24 Bryn Eithinog, Bangor, Gwynedd, LL57 2LA	£230,000	£230,000	£00	10 Oct 2023	20 Dec 2023	71 Days

Most Expensive Streets in LL57 (Bangor)

Postcode	Street	Area	Average	No. of Sales
LL57 2BH	Siliwen Road	Bangor	£425,000	3
LL57 2NL	Penrhosgarnedd	Bangor	£419,983	3
LL57 2LJ	Bryn Adda	Bangor	£418,000	4
LL57 2LH	Lon Y Bryn	Bangor	£390,833	3
LL57 2EJ	Coed Y Maes, Penrhosgarnedd	Bangor	£376,250	4
LL57 2QR	Gwel Y Rhos, Penrhosgarnedd	Bangor	£371,407	3
LL57 2LG	Lon Y Ffrwd	Bangor	£365,125	4
LL57 3YW	Gatehouse, Talybont	Bangor	£364,333	3
LL57 4UY	Pentir	Bangor	£319,333	3
LL57 2HU	Trefonwys	Bangor	£312,666	3

Least Expensive Streets in LL57 (Bangor)

Postcode	Street	Area	Average	No. of Sales
LL57 2HW	Uxbridge Court, Holyhead Road	Bangor	£57,016	21
LL57 2RL	Tabernacle Chapel, Garth Road	Bangor	£68,250	4
LL57 1BF	Saer Lys, Mount Street, Bangor	Bangor	£79,500	4
LL57 4EU	Bakehouse Street, Rhiwlas	Bangor	£84,000	3
LL57 1BJ	Neuadd Yr Eglwys	Bangor	£84,964	7
LL57 3SN	Bontuchaf, Carneddi	Bangor	£85,083	6
LL57 3AS	Penygraig, Bethesda	Bangor	£91,498	4
LL57 3AR	High Street, Bethesda	Bangor	£92,824	4
LL57 1BQ	Mount Street	Bangor	£95,000	3
LL57 3DA	Water Street, Carneddi	Bangor	£96,000	3