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House Prices in LL53

The average house price in LL53 (Pwllheli) is £271,285 using HM Land Registry data.

The average property price increased by £148,521 (31.71%) over the last 5 years and increased by £29,691 (4.61%) over the last 12 months.

Over the last year, there were 153 residential property sales – a decrease of 64 transactions (-41.83%) relative to the previous year. The majority of house sales (34) were in the £130,000 - £214,000 range. Then came properties in the £214,000 - £298,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,187 (-5%).

In June 2024, there were 49 new estate agency instructions, 35 agreed home sales and 59 property price reductions.

5-Year Average Property Prices in LL53 (Pwllheli)

31.71%

Property prices in Pwllheli increased by 31.71% 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 LL53 (Pwllheli) Over the Last Year

4.61%

Property prices in Pwllheli increased by 4.61% 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 LL53 (Pwllheli) - 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 LL53 (Pwllheli)

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 LL53 (Pwllheli)

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 LL53 (Pwllheli)

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 LL53 (Pwllheli) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL53 postcode area since 1995.

Recent Sales in LL53 (Pwllheli)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 Madoc Street, Y Ffor, Pwllheli, Gwynedd, LL53 6UH	£135,000	£120,000	-£15,000	22 Nov 2023	24 May 2024	184 Days
Bwthyn Bach, Ffordd Dewi Sant, Nefyn, Pwllheli, Gwynedd, LL53 6EG	£135,000	£132,000	-£3,000	26 Dec 2023	29 Apr 2024	125 Days
3 Glyn Y Marian, Llanbedrog, Pwllheli, Gwynedd, LL53 7TW	£235,000	£210,000	-£25,000	23 Dec 2023	24 Apr 2024	123 Days
56 Bro Gwylwyr, Nefyn, Pwllheli, Gwynedd, LL53 6LF	£275,000	£265,000	-£10,000	24 Nov 2023	24 Apr 2024	152 Days
24 Bro Gwylwyr, Nefyn, Pwllheli, Gwynedd, LL53 6LF	£290,000	£282,000	-£8,000	05 Sep 2022	15 Feb 2024	528 Days
15 Glan Cymerau, Pwllheli, Gwynedd, LL53 5PU	£350,000	£350,000	£00	27 Oct 2023	12 Feb 2024	108 Days
13 Kingshead Street, Pwllheli, Gwynedd, LL53 5DR	£189,500	£180,000	-£9,500	11 Apr 2023	09 Feb 2024	304 Days
16 Glyn Y Mor, Llanbedrog, Pwllheli, Gwynedd, LL53 7NW	£450,000	£425,000	-£25,000	11 Oct 2023	19 Jan 2024	100 Days
21 Caernarvon Road, Pwllheli, Gwynedd, LL53 5LF	£125,000	£108,000	-£17,000	18 Sep 2023	05 Jan 2024	109 Days
29 Bro Cymerau, Pwllheli, Gwynedd, LL53 5PY	£325,000	£325,000	£00	23 Nov 2022	21 Dec 2023	393 Days
47 Ffordd Gwenllian, Nefyn, Pwllheli, Gwynedd, LL53 6ND	£220,000	£190,000	-£30,000	17 May 2023	20 Dec 2023	217 Days
Caerau, Stryd Y Ffynnon, Nefyn, Pwllheli, Gwynedd, LL53 6HW	£165,000	£147,500	-£17,500	19 Nov 2022	15 Dec 2023	391 Days
3 Tair Lon, Nefyn, Pwllheli, Gwynedd, LL53 6LG	£120,000	£120,000	£00	17 May 2023	15 Dec 2023	212 Days
Glas Y Dorlan, Maes Gwydryn, Abersoch, Pwllheli, Gwynedd, LL53 7ED	£475,000	£470,000	-£5,000	01 Jul 2023	15 Dec 2023	167 Days
56 Abererch Road, Pwllheli, Gwynedd, LL53 5YY	£167,500	£165,000	-£2,500	28 Jul 2023	13 Dec 2023	138 Days
8 Lon Hawen, Abersoch, Pwllheli, Gwynedd, LL53 7EW	£565,000	£540,000	-£25,000	04 May 2023	08 Dec 2023	218 Days
5 St Tudwals Terrace, Pwllheli, Gwynedd, LL53 5DP	£135,000	£125,000	-£10,000	12 Jun 2023	30 Nov 2023	171 Days
8 Wern Y Wylan, Morfa Nefyn, Pwllheli, Gwynedd, LL53 6DG	£575,000	£543,500	-£31,500	31 Mar 2023	21 Nov 2023	235 Days
Brynyberllan, Lon Uchaf, Morfa Nefyn, Pwllheli, Gwynedd, LL53 6AD	£179,999	£178,000	-£1,999	02 May 2023	20 Nov 2023	202 Days
136 Cae Du Estate, Abersoch, Pwllheli, Gwynedd, LL53 7DE	£335,000	£315,000	-£20,000	14 Jul 2023	15 Nov 2023	124 Days

Most Expensive Streets in LL53 (Pwllheli)

Postcode	Street	Area	Average	No. of Sales
LL53 7BA	Benar Headland, Abersoch	Pwllheli	£1,345,000	6
LL53 7EF	Golf Road, Abersoch	Pwllheli	£1,006,666	3
LL53 7EU	Bwlchtocyn	Pwllheli	£764,000	5
LL53 7EP	Llwynonn Estate, Abersoch	Pwllheli	£691,400	5
LL53 7BT	Bwlchtocyn	Pwllheli	£667,000	5
LL53 7EH	Abersoch	Pwllheli	£665,000	7
LL53 7EL	Abersoch	Pwllheli	£648,416	6
LL53 7TT	Glynyweddw Estate, Llanbedrog	Pwllheli	£640,025	4
LL53 7HR	Abersoch	Pwllheli	£584,311	5
LL53 7UH	Caepin Estate, Abersoch	Pwllheli	£578,333	3

Least Expensive Streets in LL53 (Pwllheli)

Postcode	Street	Area	Average	No. of Sales
LL53 5AB	Kingsley, Embankment Road	Pwllheli	£85,625	4
LL53 5LF	Caernarvon Road	Pwllheli	£96,900	5
LL53 5NL	Penrhydlyniog	Pwllheli	£105,500	6
LL53 5TL	Efailnewydd	Pwllheli	£106,750	4
LL53 6LG	Tair Lon, Nefyn	Pwllheli	£115,833	3
LL53 5RF	Clark Terrace	Pwllheli	£117,000	3
LL53 5PW	Talcymerau Mawr, Talcymerau Road	Pwllheli	£117,666	3
LL53 6HE	Y Maes, Nefyn	Pwllheli	£117,666	3
LL53 6NT	Fron Hyfryd Terrace, Llithfaen	Pwllheli	£118,000	4
LL53 5RT	High Street	Pwllheli	£120,166	3