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House Prices in LL56

The average house price in LL56 (Y Felinheli) is £210,000 using HM Land Registry data.

The average property price increased by £73,188 (6.67%) over the last 5 years and increased by £14,664 (1.16%) over the last 12 months.

Over the last year, there were 43 residential property sales – a decrease of 7 transactions (-16.28%) relative to the previous year. The majority of house sales (13) were in the £176,000 - £232,000 range. Then came properties in the £120,000 - £176,000 range, where 11 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 £-10,650 (-3%).

In Oct 24, there were 7 new estate agency instructions, 4 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in LL56 (Y Felinheli)

6.67%

Property prices in Y Felinheli increased by 6.67% 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 LL56 (Y Felinheli) Over the Last Year

1.16%

Property prices in Y Felinheli increased by 1.16% 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 LL56 (Y Felinheli) - 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 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 LL56 (Y Felinheli)

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 LL56 (Y Felinheli)

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 LL56 (Y Felinheli)

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 LL56 (Y Felinheli) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL56 postcode area since 1995.

Recent Sales in LL56 (Y Felinheli)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
12 Hen Gei Llechi, Y Felinheli, Gwynedd, LL56 4PA	£325,000	£315,000	-£10,000	15 Mar 2024	14 Aug 2024	152 Days
31 Ffordd Garnedd, Y Felinheli, Gwynedd, LL56 4QY	£215,000	£210,000	-£5,000	03 Oct 2023	10 Jul 2024	281 Days
29 Hen Gei Llechi, Y Felinheli, Gwynedd, LL56 4PB	£425,000	£395,000	-£30,000	29 Dec 2023	18 Jun 2024	172 Days
13 Augusta Place, Y Felinheli, Gwynedd, LL56 4HJ	£140,000	£134,000	-£6,000	04 Sep 2023	07 Jun 2024	277 Days
64 Hen Gei Llechi, Y Felinheli, Gwynedd, LL56 4PD	£400,000	£400,000	£00	10 Feb 2022	10 May 2024	820 Days
58 Ffordd Glyder, Y Felinheli, Gwynedd, LL56 4QX	£175,000	£169,000	-£6,000	17 Oct 2023	12 Apr 2024	178 Days
64 Ffordd Glyder, Y Felinheli, Gwynedd, LL56 4QX	£95,000	£92,000	-£3,000	18 Sep 2023	19 Jan 2024	123 Days
3 Gwylan Uchaf, Y Felinheli, Gwynedd, LL56 4YJ	£500,000	£460,000	-£40,000	01 Jul 2023	17 Jan 2024	200 Days
1 Hen Gei Llechi, Y Felinheli, Gwynedd, LL56 4PA	£270,000	£265,000	-£5,000	25 Jul 2023	09 Jan 2024	168 Days
3 Trem Y Foel, Y Felinheli, Gwynedd, LL56 4UZ	£400,000	£360,000	-£40,000	05 Mar 2023	08 Dec 2023	278 Days
Caswenan, Caernarfon Road, Y Felinheli, Gwynedd, LL56 4NJ	£385,000	£365,000	-£20,000	06 May 2023	08 Dec 2023	216 Days
1 Sea View Terrace, Y Felinheli, Gwynedd, LL56 4TQ	£210,000	£207,500	-£2,500	07 Jul 2023	04 Dec 2023	150 Days
13 Ffordd Garnedd, Y Felinheli, Gwynedd, LL56 4QY	£160,000	£160,000	£00	29 Aug 2023	29 Nov 2023	92 Days
26 Beach Road, Y Felinheli, Gwynedd, LL56 4RQ	£210,000	£200,000	-£10,000	21 Jun 2023	20 Nov 2023	152 Days
59 Ffordd Garnedd, Y Felinheli, Gwynedd, LL56 4QY	£120,000	£115,000	-£5,000	25 Nov 2022	09 Nov 2023	349 Days
24 Ffordd Garnedd, Y Felinheli, Gwynedd, LL56 4QY	£100,000	£95,000	-£5,000	02 Jun 2023	08 Nov 2023	159 Days
56 Hen Gei Llechi, Y Felinheli, Gwynedd, LL56 4PD	£440,000	£420,000	-£20,000	28 Apr 2023	27 Sep 2023	152 Days
28 Augusta Place, Y Felinheli, Gwynedd, LL56 4HJ	£224,500	£220,000	-£4,500	16 May 2023	13 Sep 2023	120 Days
3 Rhydyfenai, Y Felinheli, Gwynedd, LL56 4UX	£179,950	£172,000	-£7,950	17 Jan 2023	25 Aug 2023	220 Days
49 Ffordd Garnedd, Y Felinheli, Gwynedd, LL56 4QY	£80,000	£77,000	-£3,000	17 Jan 2023	15 Aug 2023	210 Days

Most Expensive Streets in LL56 (Y Felinheli)

Postcode	Street	Area	Average	No. of Sales
LL56 4RZ	Caernarfon Road	Y Felinheli	£447,500	5
LL56 4PD	Hen Gei Llechi	Y Felinheli	£392,350	10
LL56 4PB	Hen Gei Llechi	Y Felinheli	£365,750	4
LL56 4QT	Ffordd Heulyn	Y Felinheli	£318,400	5
LL56 4UQ	Tan Y Maes	Y Felinheli	£280,000	3
LL56 4PA	Hen Gei Llechi	Y Felinheli	£277,833	6
LL56 4PF	Ger Y Nant	Y Felinheli	£251,000	11
LL56 4PE	Hen Gei Llechi	Y Felinheli	£230,500	4
LL56 4TX	Y Wern	Y Felinheli	£220,500	3
LL56 4JQ	Ty Hanner Ffordd	Y Felinheli	£218,812	8

Least Expensive Streets in LL56 (Y Felinheli)

Postcode	Street	Area	Average	No. of Sales
LL56 4HX	Menai Street	Y Felinheli	£134,666	6
LL56 4QY	Ffordd Garnedd	Y Felinheli	£137,214	21
LL56 4PJ	Bangor Street	Y Felinheli	£145,066	3
LL56 4XA	Ffordd Siabod	Y Felinheli	£147,611	9
LL56 4QZ	Ffordd Hebog	Y Felinheli	£149,416	6
LL56 4TZ	Y Wern	Y Felinheli	£155,000	4
LL56 4HQ	Snowdon Street	Y Felinheli	£159,916	6
LL56 4NQ	Caernarfon Road	Y Felinheli	£160,600	5
LL56 4JW	Llys Marina	Y Felinheli	£170,250	6
LL56 4HJ	Augusta Place	Y Felinheli	£173,083	6