House Prices in SA15 House Prices in SA15 (Llanelli)

The average house price in SA15 (Llanelli) is £147,430 using HM Land Registry data.

The average property price increased by £46,636 (28.42%) over the last 5 years and increased by £9,344 (4.22%) over the last 12 months.

Over the last year, there were 329 residential property sales – a decrease of 170 transactions (-51.67%) relative to the previous year. The majority of house sales (99) were in the £122,000 - £164,000 range. Then came properties in the £80,000 - £122,000 range, where 83 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,460 (-4%).

In Oct 24, there were 39 new estate agency instructions, 19 agreed home sales and 28 property price reductions.

5-Year Average Property Prices in SA15 (Llanelli)

28.42%

Property prices in Llanelli increased by 28.42% 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 SA15 (Llanelli) Over the Last Year

4.22%

Property prices in Llanelli increased by 4.22% 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 SA15 (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 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 SA15 (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 SA15 (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 SA15 (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 SA15 (Llanelli) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SA15 postcode area since 1995.

Recent Sales in SA15 (Llanelli)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Caswell Street, Llanelli, Carmarthenshire, SA15 1BS£162,000£157,500-£4,50026 Jun 202416 Aug 202451 Days
86 Pentre Nicklaus Village, Machynys, Llanelli, Carmarthenshire, SA15 2DE£450,000£450,000£0026 Jun 202409 Aug 202444 Days
26 Downing Street, Llanelli, Carmarthenshire, SA15 2UA£150,000£145,000-£5,00027 Apr 202407 Aug 2024102 Days
3 Thomas Terrace, Llanelli, Carmarthenshire, SA15 4AG£140,000£140,000£0002 Apr 202426 Jul 2024115 Days
31 Rhydyrafon, Llanelli, Carmarthenshire, SA15 3NU£160,000£145,000-£15,00021 May 202426 Jul 202466 Days
36 Coedcae Road, Llanelli, Carmarthenshire, SA15 1HZ£130,000£124,000-£6,00024 Apr 202408 Jul 202475 Days
4 Robinson Street, Llanelli, Carmarthenshire, SA15 1TS£109,750£107,500-£2,25026 Jun 202428 Jun 20242 Days
30 Victoria Road, Ponthenry, Llanelli, Carmarthenshire, SA15 5PU£100,000£92,000-£8,00007 Mar 202419 Jun 2024104 Days
71 Sandy Road, Llanelli, Carmarthenshire, SA15 4BR£120,000£117,000-£3,00001 Nov 202331 May 2024212 Days
95 Heol Y Banc, Bancffosfelen, Llanelli, Carmarthenshire, SA15 5DL£185,000£182,500-£2,50001 Dec 202329 May 2024180 Days
32 Old Road, Llanelli, Carmarthenshire, SA15 3HP£315,000£305,000-£10,00024 Nov 202315 May 2024173 Days
4 Walters Road, Llanelli, Carmarthenshire, SA15 1LR£150,000£86,000-£64,00001 Jul 202302 May 2024306 Days
22 Downing Street, Llanelli, Carmarthenshire, SA15 2UA£110,000£110,000£0016 Nov 202301 May 2024167 Days
41a, Stradey Hill, Llanelli, Carmarthenshire, SA15 4AB£340,000£335,000-£5,00020 Sep 202326 Apr 2024219 Days
55 Heol Llethryd, Pontyberem, Llanelli, Carmarthenshire, SA15 5EP£129,995£124,000-£5,99509 Feb 202425 Apr 202476 Days
40 Nightingale Court, Llanelli, Carmarthenshire, SA15 1HU£210,000£210,000£0001 Aug 202327 Mar 2024239 Days
3 Parc Mansant, Pontyates, Llanelli, Carmarthenshire, SA15 5TA£240,000£227,500-£12,50007 Oct 202309 Feb 2024125 Days
29 Heol Goffa, Llanelli, Carmarthenshire, SA15 3LT£225,000£190,000-£35,00010 Sep 202309 Feb 2024152 Days
87 Parc Brynmawr, Furnace, Llanelli, Carmarthenshire, SA15 4PG£179,950£175,000-£4,95023 Sep 202329 Jan 2024128 Days
5 High Street, Llanelli, Carmarthenshire, SA15 2RF£155,000£150,000-£5,00017 Sep 202326 Jan 2024131 Days

Most Expensive Streets in SA15 (Llanelli)

PostcodeStreetAreaAverageNo. of Sales
SA15 4ENPenyfai LaneLlanelli£669,1663
SA15 4EPCwmbach RoadLlanelli£603,3333
SA15 5BSPontyberemLlanelli£438,0003
SA15 5YYFive RoadsLlanelli£436,7504
SA15 3DSNew RoadLlanelli£412,6663
SA15 3LQParc Howard AvenueLlanelli£411,6663
SA15 2DFPentre Nicklaus VillageLlanelli£401,5449
SA15 4RNHeol Ddu, Pen Y MynyddLlanelli£385,6474
SA15 5YGCynheidreLlanelli£360,0003
SA15 5DZRehoboth Road, Five RoadsLlanelli£358,3333

Least Expensive Streets in SA15 (Llanelli)

PostcodeStreetAreaAverageNo. of Sales
SA15 2UHPrincess CourtLlanelli£57,3933
SA15 2BUBiddulph EstateLlanelli£70,2503
SA15 2PYWaterloo StreetLlanelli£71,0005
SA15 1LDCwrt ElusendyLlanelli£77,4984
SA15 3YTSwansea RoadLlanelli£77,8005
SA15 2BDHeol TregoningLlanelli£78,8333
SA15 1BUDillwyn StreetLlanelli£79,3557
SA15 2BHGlandafen RoadLlanelli£80,0003
SA15 3DZBryntirion TerraceLlanelli£82,0003
SA15 5ENParcy Mynach, PontyberemLlanelli£82,0003

Explore SA15 (Llanelli) using map