House Prices in SA14 House Prices in SA14 (Llanelli)

The average house price in SA14 (Llanelli) is £170,772 using HM Land Registry data.

The average property price increased by £61,105 (47.57%) over the last 5 years and increased by £12,244 (6.27%) over the last 12 months.

Over the last year, there were 314 residential property sales – a decrease of 130 transactions (-41.40%) relative to the previous year. The majority of house sales (74) were in the £146,000 - £192,000 range. Then came properties in the £100,000 - £146,000 range, where 66 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,834 (-3%).

In Oct 24, there were 35 new estate agency instructions, 17 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in SA14 (Llanelli)

47.57%

Property prices in Llanelli increased by 47.57% 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 SA14 (Llanelli) Over the Last Year

6.27%

Property prices in Llanelli increased by 6.27% 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 SA14 (Llanelli) - 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 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 SA14 (Llanelli)

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 SA14 (Llanelli)

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 SA14 (Llanelli)

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 SA14 (Llanelli) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SA14 postcode area since 1995.

Recent Sales in SA14 (Llanelli)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Bryn Mwyn, Gorslas, Llanelli, Carmarthenshire, SA14 6RQ£389,950£380,000-£9,95010 Feb 202415 Aug 2024187 Days
10 Waterloo Road, Penygroes, Llanelli, Carmarthenshire, SA14 7NP£240,000£200,000-£40,00005 Aug 202309 Aug 2024370 Days
141 Waterloo Road, Penygroes, Llanelli, Carmarthenshire, SA14 7PU£185,000£182,500-£2,50007 Feb 202402 Aug 2024177 Days
62 Bethesda Road, Tumble, Llanelli, Carmarthenshire, SA14 6LG£90,000£87,500-£2,50018 Mar 202430 Jul 2024134 Days
60 Cross Hands Road, Gorslas, Llanelli, Carmarthenshire, SA14 6RH£274,950£272,500-£2,45014 Apr 202419 Jul 202496 Days
38 Cross Hands Road, Gorslas, Llanelli, Carmarthenshire, SA14 6RP£274,950£230,000-£44,95020 Sep 201919 Jul 20241764 Days
115 Hilltop, Llanelli, Carmarthenshire, SA14 8DB£315,000£285,000-£30,00026 Jun 202410 Jul 202414 Days
63 Brynelli, Llanelli, Carmarthenshire, SA14 8PW£160,000£142,000-£18,00007 Mar 202428 Jun 2024113 Days
117 Hilltop, Llanelli, Carmarthenshire, SA14 8DB£319,950£319,950£0004 Nov 202321 Jun 2024230 Days
Hillview, Capel Seion Road, Drefach, Llanelli, Carmarthenshire, SA14 7BN£328,000£239,950-£88,05011 Jan 202414 Jun 2024155 Days
26 Llwynhendy Road, Llanelli, Carmarthenshire, SA14 9DP£110,000£110,000£0009 Jan 202431 May 2024143 Days
17 Tir Yr Yspyty, Bynea, Llanelli, Carmarthenshire, SA14 9AZ£210,000£207,500-£2,50010 Nov 202329 May 2024201 Days
19 Gorsfach, Llanelli, Carmarthenshire, SA14 8NG£180,000£180,000£0019 Oct 202324 May 2024218 Days
Rhandirdelyn, Maes Y Bont Road, Gorslas, Llanelli, Carmarthenshire, SA14 7NA£400,000£392,500-£7,50029 Jun 202303 May 2024309 Days
12 Carnhywell Road, Llanelli, Carmarthenshire, SA14 9EE£120,000£110,000-£10,00018 Jan 202403 May 2024106 Days
12a, Pemberton Park, Llanelli, Carmarthenshire, SA14 8NN£250,000£244,000-£6,00029 Jan 202402 May 202494 Days
28 Heol Y Nant, Llannon, Llanelli, Carmarthenshire, SA14 6AE£365,000£362,000-£3,00018 Feb 202315 Apr 2024422 Days
41 Black Lion Road, Gorslas, Llanelli, Carmarthenshire, SA14 6RS£229,995£215,000-£14,99509 Feb 202404 Apr 202455 Days
42 Cross Hands Road, Gorslas, Llanelli, Carmarthenshire, SA14 6RP£270,000£235,000-£35,00027 Jul 202322 Mar 2024239 Days
34 Heol Y Neuadd, Tumble, Llanelli, Carmarthenshire, SA14 6HR£285,000£274,500-£10,50003 Dec 202322 Mar 2024110 Days

Most Expensive Streets in SA14 (Llanelli)

PostcodeStreetAreaAverageNo. of Sales
SA14 8AHAber Llwchwr, LlangennechLlanelli£492,7857
SA14 7SHCarmelLlanelli£458,7504
SA14 9PYLlys PendderiLlanelli£398,3333
SA14 6BJBrodawel, LlannonLlanelli£352,0009
SA14 6PXCoed Y Cadno, CwmgwiliLlanelli£346,3497
SA14 6DDCross HandsLlanelli£344,9664
SA14 7DJRhosybonwen Road, CefneithinLlanelli£331,3333
SA14 6AEHeol Y Nant, LlannonLlanelli£319,9378
SA14 9SFErw Las, LlwynhendyLlanelli£306,0004
SA14 6RNClos Y Dderwen, Cross HandsLlanelli£303,3748

Least Expensive Streets in SA14 (Llanelli)

PostcodeStreetAreaAverageNo. of Sales
SA14 9DTLlys Newydd, Tir EinonLlanelli£49,24011
SA14 9HHHeol ElfedLlanelli£72,4983
SA14 6HDHigh Street, TumbleLlanelli£79,6188
SA14 8AATros MaenLlanelli£88,0003
SA14 6HEHigh Street, TumbleLlanelli£89,15013
SA14 9PBGraigwen, LlwynhendyLlanelli£90,5004
SA14 8PGGlasfrynLlanelli£91,3313
SA14 9DBBrowenLlanelli£93,6663
SA14 8AGPen Y Gaer CottagesLlanelli£94,3333
SA14 7RSNorton Road, PenygroesLlanelli£97,2504

Explore SA14 (Llanelli) using map