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House Prices in LL55

The average house price in LL55 (Caernarfon) is £236,000 using HM Land Registry data.

The average property price increased by £55,600 (14.46%) over the last 5 years and increased by £11,115 (2.37%) over the last 12 months.

Over the last year, there were 175 residential property sales – a decrease of 80 transactions (-45.71%) relative to the previous year. The majority of house sales (47) were in the £148,000 - £196,000 range. Then came properties in the £196,000 - £244,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 123 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,728 (-3%).

In June 2024, there were 46 new estate agency instructions, 14 agreed home sales and 47 property price reductions.

5-Year Average Property Prices in LL55 (Caernarfon)

14.46%

Property prices in Caernarfon increased by 14.46% 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 LL55 (Caernarfon) Over the Last Year

2.37%

Property prices in Caernarfon increased by 2.37% 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 LL55 (Caernarfon) - 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 LL55 (Caernarfon)

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 LL55 (Caernarfon)

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 LL55 (Caernarfon)

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 LL55 (Caernarfon) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL55 postcode area since 1995.

Recent Sales in LL55 (Caernarfon)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
49 Glanrafon Estate, Bontnewydd, Caernarfon, Gwynedd, LL55 2UW	£250,000	£237,550	-£12,450	27 Jan 2022	24 May 2024	848 Days
2 Bryn Hyfryd Terrace, Cwm-y-glo, Caernarfon, Gwynedd, LL55 4DU	£145,000	£75,000	-£70,000	03 Aug 2022	25 Apr 2024	631 Days
45 Maesincla, Caernarfon, Gwynedd, LL55 1BY	£185,000	£180,000	-£5,000	22 Dec 2023	25 Apr 2024	125 Days
9 Beulah Square, Caernarfon, Gwynedd, LL55 2LA	£140,000	£135,000	-£5,000	11 Dec 2023	08 Apr 2024	119 Days
34 Maes Gwynedd, Caernarfon, Gwynedd, LL55 1DL	£210,000	£210,000	£00	27 Jun 2023	05 Apr 2024	283 Days
48 Cae Gwyn, Caernarfon, Gwynedd, LL55 1LL	£350,000	£335,000	-£15,000	09 Jul 2023	22 Mar 2024	257 Days
10 Y Ddol, Bethel, Caernarfon, Gwynedd, LL55 1RE	£310,000	£305,000	-£5,000	31 Jul 2023	22 Mar 2024	235 Days
80 Pentre Helen, Deiniolen, Caernarfon, Gwynedd, LL55 3LW	£120,000	£105,000	-£15,000	15 Nov 2023	08 Mar 2024	114 Days
42 Chapel Street, Caernarfon, Gwynedd, LL55 2PS	£115,000	£115,000	£00	19 Oct 2023	05 Mar 2024	138 Days
9 Hendre Street, Caernarfon, Gwynedd, LL55 2HY	£105,000	£97,000	-£8,000	01 Sep 2023	01 Mar 2024	182 Days
36 North Penrallt, Caernarfon, Gwynedd, LL55 1PP	£115,000	£100,000	-£15,000	08 Feb 2023	01 Mar 2024	387 Days
40 Tyddyn Llwydyn, Caernarfon, Gwynedd, LL55 2LX	£110,000	£110,000	£00	27 Nov 2023	29 Feb 2024	94 Days
58 Tyddyn Llwydyn, Caernarfon, Gwynedd, LL55 2LX	£190,000	£182,500	-£7,500	28 Sep 2023	26 Feb 2024	151 Days
1 Llwyn Beuno, Bontnewydd, Caernarfon, Gwynedd, LL55 2UL	£175,000	£167,500	-£7,500	14 Aug 2023	23 Feb 2024	193 Days
4 Ala Las, Caernarfon, Gwynedd, LL55 1BL	£360,000	£340,000	-£20,000	21 Jul 2023	23 Feb 2024	217 Days
4 Pretoria Terrace, Caernarfon, Gwynedd, LL55 1TD	£250,000	£235,000	-£15,000	12 Jul 2023	09 Feb 2024	212 Days
11 Marian Terrace, Deiniolen, Caernarfon, Gwynedd, LL55 3HT	£122,500	£115,000	-£7,500	08 Sep 2023	07 Feb 2024	152 Days
18 Dinorwic Street, Caernarfon, Gwynedd, LL55 2RG	£200,000	£190,000	-£10,000	15 Sep 2023	29 Jan 2024	136 Days
4 Afon Rhos Estate, Llanrug, Caernarfon, Gwynedd, LL55 4SE	£265,000	£244,000	-£21,000	19 Apr 2023	25 Jan 2024	281 Days
21 Nant Y Glyn, Llanrug, Caernarfon, Gwynedd, LL55 4AH	£180,000	£147,000	-£33,000	09 Jun 2023	25 Jan 2024	230 Days

Most Expensive Streets in LL55 (Caernarfon)

Postcode	Street	Area	Average	No. of Sales
LL55 4ED	Cwm-y-glo	Caernarfon	£447,000	3
LL55 4EZ	Waunfawr	Caernarfon	£433,750	4
LL55 4HB	High Street, Llanberis	Caernarfon	£367,833	3
LL55 1HS	England Road North	Caernarfon	£366,166	3
LL55 1LN	Gerddi Menai	Caernarfon	£347,500	5
LL55 1LL	Cae Gwyn	Caernarfon	£347,500	7
LL55 2YL	Seiont Mill Road	Caernarfon	£346,666	3
LL55 4FE	Trem Y Chwarel, Llanberis	Caernarfon	£338,250	8
LL55 2EQ	Pen Cae, Llanrug	Caernarfon	£335,000	3
LL55 1LF	Ffordd Menai	Caernarfon	£334,062	4

Least Expensive Streets in LL55 (Caernarfon)

Postcode	Street	Area	Average	No. of Sales
LL55 2AF	Pool Street	Caernarfon	£68,380	5
LL55 1TA	Glan Y Mor, Turkey Shore	Caernarfon	£88,950	10
LL55 3HU	Tai Capel, High Street, Deiniolen	Caernarfon	£90,300	5
LL55 2AE	Pool Street	Caernarfon	£91,750	4
LL55 2HY	Hendre Street	Caernarfon	£92,250	8
LL55 1NS	South Penrallt	Caernarfon	£92,916	6
LL55 3LE	Green Terrace, Deiniolen	Caernarfon	£93,833	3
LL55 3LB	View Terrace, Deiniolen	Caernarfon	£94,000	3
LL55 2RD	Snowdon Street	Caernarfon	£95,888	9
LL55 2LD	Assheton Terrace	Caernarfon	£97,183	6