House Prices in LL47 House Prices in LL47 (Talsarnau)

The average house price in LL47 (Talsarnau) is £260,000 using HM Land Registry data.

The average property price increased by £95,385 (36.83%) over the last 5 years and increased by £19,068 (5.18%) over the last 12 months.

Over the last year, there were 3 residential property sales – a decrease of 7 transactions (-233.33%) relative to the previous year. The majority of house sales (2) were in the £120,000 - £148,000 range. Then came properties in the £148,000 - £176,000 range, where 0 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,000 (-3%).

In June 2024, there were 5 new estate agency instructions, 1 agreed home sales and 3 property price reductions.

5-Year Average Property Prices in LL47 (Talsarnau)

36.83%

Property prices in Talsarnau increased by 36.83% 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 LL47 (Talsarnau) Over the Last Year

5.18%

Property prices in Talsarnau increased by 5.18% 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 LL47 (Talsarnau) - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 LL47 (Talsarnau)

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 LL47 (Talsarnau)

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 LL47 (Talsarnau)

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 LL47 (Talsarnau) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL47 postcode area since 1995.

Recent Sales in LL47 (Talsarnau)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 High Street, Talsarnau, Gwynedd, LL47 6TY£128,000£128,000£0023 Nov 202230 May 2023188 Days
15 Maes Trefor, Talsarnau, Gwynedd, LL47 6TU£155,000£145,000-£10,00025 Jan 202303 May 202398 Days
28 High Street, Talsarnau, Gwynedd, LL47 6TY£185,000£180,000-£5,00004 Apr 202230 Sep 2022179 Days
8 Tremygarth, Talsarnau, Gwynedd, LL47 6YL£130,000£130,000£0004 May 202231 Aug 2022119 Days
2 Barn Cottages, Talsarnau, Gwynedd, LL47 6TA£155,000£145,000-£10,00002 Jul 202119 Dec 2021170 Days
24 High Street, Talsarnau, Gwynedd, LL47 6TY£125,000£123,000-£2,00016 Apr 202119 Oct 2021186 Days
18 High Street, Talsarnau, Gwynedd, LL47 6TY£94,995£88,500-£6,49524 May 202108 Oct 2021137 Days
3 Bryn Street, Talsarnau, Gwynedd, LL47 6UD£83,000£81,500-£1,50005 May 202127 Aug 2021114 Days
3 Maes Trefor, Talsarnau, Gwynedd, LL47 6TU£179,500£173,000-£6,50020 Sep 201918 Jun 2021637 Days
30 High Street, Talsarnau, Gwynedd, LL47 6TY£99,950£99,950£0025 Mar 202116 Apr 202122 Days
7 Maes Trefor, Talsarnau, Gwynedd, LL47 6TU£175,000£170,000-£5,00003 Sep 202015 Jan 2021134 Days
Rhianfa, High Street, Talsarnau, Gwynedd, LL47 6TY£112,000£112,000£0015 Jun 202011 Dec 2020179 Days
7 High Street, Talsarnau, Gwynedd, LL47 6TY£89,000£85,000-£4,00019 Mar 202011 Nov 2020237 Days
10 Maes Trefor, Talsarnau, Gwynedd, LL47 6TU£150,000£142,000-£8,00028 Jul 201803 Jul 2019340 Days
14 Bryn Eithin, Talsarnau, Gwynedd, LL47 6YF£189,995£170,000-£19,99515 Jun 201718 Jun 2019733 Days
22 High Street, Talsarnau, Gwynedd, LL47 6TY£69,500£69,500£0022 May 201822 May 2019365 Days
Yr Hen Farcdy, Barcdy, Soar, Talsarnau, Gwynedd, LL47 6YG£199,500£195,000-£4,50026 May 201728 Aug 2018459 Days
Gwilym House, High Street, Talsarnau, Gwynedd, LL47 6TY£122,500£106,000-£16,50023 Feb 201715 Jun 2018477 Days
9 Maes Trefor, Talsarnau, Gwynedd, LL47 6TU£164,950£159,000-£5,95018 Mar 201003 May 20182968 Days
Llys Myfyr, High Street, Talsarnau, Gwynedd, LL47 6TY£215,000£215,000£0022 Jul 201723 Feb 2018216 Days

Most Expensive Streets in LL47 (Talsarnau)

PostcodeStreetAreaAverageNo. of Sales
LL47 6TATalsarnau, GwyneddTalsarnau£215,0003
LL47 6TATalsarnau, GwyneddTalsarnau£215,0003
LL47 6TLYnysTalsarnau£177,90010
LL47 6TLYnysTalsarnau£177,90010
LL47 6TUMaes TreforTalsarnau£157,5004
LL47 6TUMaes TreforTalsarnau£157,5004
LL47 6TYHigh StreetTalsarnau£113,40411
LL47 6TYHigh StreetTalsarnau£113,40411
LL47 6UDBryn StreetTalsarnau£79,1254
LL47 6UDBryn StreetTalsarnau£79,1254

Least Expensive Streets in LL47 (Talsarnau)

PostcodeStreetAreaAverageNo. of Sales
LL47 6UDBryn StreetTalsarnau£79,1254
LL47 6UDBryn StreetTalsarnau£79,1254
LL47 6TYHigh StreetTalsarnau£113,40411
LL47 6TYHigh StreetTalsarnau£113,40411
LL47 6TUMaes TreforTalsarnau£157,5004
LL47 6TUMaes TreforTalsarnau£157,5004
LL47 6TLYnysTalsarnau£177,90010
LL47 6TLYnysTalsarnau£177,90010
LL47 6TATalsarnau, GwyneddTalsarnau£215,0003
LL47 6TATalsarnau, GwyneddTalsarnau£215,0003

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