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House Prices in SA15

The average house price in SA15 (Llanelli) is £160,936 using HM Land Registry data.

The average property price increased by £46,852 (28.42%) over the last 5 years and increased by £9,367 (4.22%) over the last 12 months.

Over the last year, there were 383 residential property sales – a decrease of 159 transactions (-41.51%) relative to the previous year. The majority of house sales (109) were in the £120,000 - £160,000 range. Then came properties in the £80,000 - £120,000 range, where 94 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,460 (-4%).

In June 2024, there were 64 new estate agency instructions, 21 agreed home sales and 18 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.

Property Market Heat Gauge for SA15 (Llanelli) - 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
32 Old Road, Llanelli, Carmarthenshire, SA15 3HP	£315,000	£305,000	-£10,000	24 Nov 2023	15 May 2024	173 Days
4 Walters Road, Llanelli, Carmarthenshire, SA15 1LR	£150,000	£86,000	-£64,000	01 Jul 2023	02 May 2024	306 Days
41a, Stradey Hill, Llanelli, Carmarthenshire, SA15 4AB	£340,000	£335,000	-£5,000	20 Sep 2023	26 Apr 2024	219 Days
87 Parc Brynmawr, Furnace, Llanelli, Carmarthenshire, SA15 4PG	£179,950	£175,000	-£4,950	23 Sep 2023	29 Jan 2024	128 Days
5 High Street, Llanelli, Carmarthenshire, SA15 2RF	£155,000	£150,000	-£5,000	17 Sep 2023	26 Jan 2024	131 Days
18 Pen Y Wern, Llanelli, Carmarthenshire, SA15 4DF	£190,000	£190,000	£00	26 Jul 2023	19 Jan 2024	177 Days
8 Nightingale Court, Llanelli, Carmarthenshire, SA15 1HU	£165,000	£162,000	-£3,000	20 Jul 2023	12 Jan 2024	176 Days
40 High Street, Llanelli, Carmarthenshire, SA15 2RE	£144,500	£136,000	-£8,500	30 May 2023	12 Jan 2024	227 Days
79 Queen Victoria Road, Llanelli, Carmarthenshire, SA15 2TR	£240,000	£235,000	-£5,000	26 Dec 2022	12 Jan 2024	382 Days
24 Heol Hen, Five Roads, Llanelli, Carmarthenshire, SA15 5HJ	£390,000	£385,000	-£5,000	20 Mar 2023	20 Dec 2023	275 Days
89 Dillwyn Street, Llanelli, Carmarthenshire, SA15 1BT	£105,000	£100,000	-£5,000	12 Jul 2023	15 Dec 2023	156 Days
44 Trostre Road, Llanelli, Carmarthenshire, SA15 1JY	£180,000	£165,000	-£15,000	26 Sep 2023	14 Dec 2023	79 Days
24 Stanley Street, Llanelli, Carmarthenshire, SA15 2EU	£140,000	£130,000	-£10,000	26 Jul 2023	07 Dec 2023	134 Days
39 Lliedi Crescent, Llanelli, Carmarthenshire, SA15 3SD	£105,000	£85,000	-£20,000	27 Jun 2023	01 Dec 2023	157 Days
48 Railway Terrace, Llanelli, Carmarthenshire, SA15 2RH	£120,000	£116,000	-£4,000	08 Apr 2022	30 Nov 2023	601 Days
26 Victoria Road, Ponthenry, Llanelli, Carmarthenshire, SA15 5PU	£115,000	£112,500	-£2,500	20 Aug 2023	31 Oct 2023	72 Days
28 Hillside, Llanelli, Carmarthenshire, SA15 4ES	£230,000	£230,000	£00	04 Sep 2023	27 Oct 2023	53 Days
88 Swansea Road, Llanelli, Carmarthenshire, SA15 3BJ	£110,000	£100,000	-£10,000	04 Aug 2023	27 Oct 2023	84 Days
150 Sandy Road, Llanelli, Carmarthenshire, SA15 4DP	£138,000	£120,000	-£18,000	24 May 2023	27 Oct 2023	156 Days
2 Heulwen Terrace, Llanelli, Carmarthenshire, SA15 3RP	£105,000	£45,000	-£60,000	07 Aug 2023	26 Oct 2023	80 Days

Most Expensive Streets in SA15 (Llanelli)

Postcode	Street	Area	Average	No. of Sales
SA15 4EN	Penyfai Lane	Llanelli	£669,166	3
SA15 4EP	Cwmbach Road	Llanelli	£496,666	3
SA15 5BS	Pontyberem	Llanelli	£438,000	3
SA15 5AQ	Five Roads	Llanelli	£416,650	3
SA15 3LQ	Parc Howard Avenue	Llanelli	£411,666	3
SA15 5YY	Five Roads	Llanelli	£402,333	3
SA15 2DF	Pentre Nicklaus Village	Llanelli	£398,657	12
SA15 4RN	Heol Ddu, Pen Y Mynydd	Llanelli	£385,647	4
SA15 5YG	Cynheidre	Llanelli	£360,000	3
SA15 5HJ	Heol Hen, Five Roads	Llanelli	£349,562	8

Least Expensive Streets in SA15 (Llanelli)

Postcode	Street	Area	Average	No. of Sales
SA15 2UH	Princess Court	Llanelli	£58,545	4
SA15 2BU	Biddulph Estate	Llanelli	£70,250	3
SA15 2PY	Waterloo Street	Llanelli	£71,000	5
SA15 5EN	Parcy Mynach, Pontyberem	Llanelli	£76,500	4
SA15 1LD	Cwrt Elusendy	Llanelli	£77,498	4
SA15 3YT	Swansea Road	Llanelli	£77,800	5
SA15 2BD	Heol Tregoning	Llanelli	£78,833	3
SA15 2BH	Glandafen Road	Llanelli	£80,000	3
SA15 2LZ	Cwrt Afon Lliedi, Pentre Doc Y Gogledd	Llanelli	£82,333	3
SA15 3TF	Panteg	Llanelli	£82,416	3