House Prices in LL34 House Prices in LL34 (Penmaenmawr)

The average house price in LL34 (Penmaenmawr) is £223,833 using HM Land Registry data.

The average property price increased by £58,334 (31.25%) over the last 5 years and increased by £11,658 (4.55%) over the last 12 months.

Over the last year, there were 41 residential property sales – a decrease of 42 transactions (-102.44%) relative to the previous year. The majority of house sales (14) were in the £110,000 - £154,000 range. Then came properties in the £154,000 - £198,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-2,937 (-1%).

In April 2024, there were 10 new estate agency instructions, 11 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in LL34 (Penmaenmawr)

31.25%

Property prices in Penmaenmawr increased by 31.25% 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 LL34 (Penmaenmawr) Over the Last Year

4.55%

Property prices in Penmaenmawr increased by 4.55% 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 LL34 (Penmaenmawr) - April 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 LL34 (Penmaenmawr)

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 LL34 (Penmaenmawr)

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 LL34 (Penmaenmawr)

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 LL34 (Penmaenmawr) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL34 postcode area since 1995.

Recent Sales in LL34 (Penmaenmawr)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Gwynan Park, Dwygyfylchi, Penmaenmawr, Conwy, LL34 6RP£225,000£218,000-£7,00025 Aug 202301 Mar 2024189 Days
1 Bryn Helyg Estate, Penmaenmawr, Conwy, LL34 6EW£245,000£237,500-£7,50008 Nov 202318 Dec 202340 Days
6 Cwm Road, Penmaenmawr, Conwy, LL34 6HG£175,000£172,000-£3,00002 Aug 202301 Dec 2023121 Days
18 Upper Maenan, Penmaenmawr, Conwy, LL34 6PD£117,500£112,000-£5,50026 Sep 202324 Nov 202359 Days
Corwen Villa, Bangor Road, Penmaenmawr, Conwy, LL34 6ND£199,950£199,950£0012 Jul 202303 Nov 2023114 Days
The Old Hall, Church Road, Penmaenmawr, Conwy, LL34 6BN£495,000£475,000-£20,00027 Apr 202326 Oct 2023182 Days
4 St Davids Terrace, Penmaenmawr, Conwy, LL34 6LN£250,000£232,000-£18,00005 May 202301 Sep 2023119 Days
4 Maes Y Llan, Dwygyfylchi, Penmaenmawr, Conwy, LL34 6SA£175,000£160,000-£15,00015 Apr 202329 Aug 2023136 Days
23 Parc Moel Lus, Penmaenmawr, Conwy, LL34 6DN£395,000£390,000-£5,00013 Jan 202322 Aug 2023221 Days
Glan Y Wern, Graiglwyd Road, Penmaenmawr, Conwy, LL34 6ER£625,000£589,000-£36,00013 Mar 202311 Aug 2023151 Days
3 Victoria Terrace, Penmaenmawr, Conwy, LL34 6NN£145,000£141,935-£3,06525 Apr 202314 Jul 202380 Days
19 Upper Maenan, Penmaenmawr, Conwy, LL34 6PD£115,000£112,500-£2,50008 Mar 202316 Jun 2023100 Days
12 Parc Moel Lus, Penmaenmawr, Conwy, LL34 6DN£319,500£290,000-£29,50015 Feb 202309 Jun 2023114 Days
31 Gwynan Park, Dwygyfylchi, Penmaenmawr, Conwy, LL34 6RR£260,000£255,000-£5,00031 Mar 202306 Jun 202367 Days
23 Water Street, Penmaenmawr, Conwy, LL34 6PB£115,000£110,000-£5,00030 Jan 202302 Jun 2023123 Days
15 Merton Park, Penmaenmawr, Conwy, LL34 6DH£140,000£140,000£0023 Feb 202330 May 202396 Days
4 Graiglwyd Terrace, Penmaenmawr, Conwy, LL34 6ES£125,000£120,000-£5,00015 Feb 202304 May 202378 Days
13 Cae Gwynan, Dwygyfylchi, Penmaenmawr, Conwy, LL34 6TR£215,000£205,000-£10,00005 Sep 202214 Apr 2023221 Days
10 Upper Maenan, Penmaenmawr, Conwy, LL34 6PD£150,000£150,000£0019 Jan 202324 Mar 202364 Days
23 High Street, Penmaenmawr, Conwy, LL34 6NF£129,950£129,950£0015 Aug 202228 Feb 2023197 Days

Most Expensive Streets in LL34 (Penmaenmawr)

PostcodeStreetAreaAverageNo. of Sales
LL34 6ERGraiglwyd RoadPenmaenmawr£439,7504
LL34 6LTEsplanadePenmaenmawr£360,5004
LL34 6DNParc Moel LusPenmaenmawr£337,5007
LL34 6ELFernbrook RoadPenmaenmawr£293,9833
LL34 6TNDyffryn Terrace, DwygyfylchiPenmaenmawr£283,2504
LL34 6PWGardd EryriPenmaenmawr£260,8005
LL34 6RBConway Old RoadPenmaenmawr£251,5004
LL34 6BUCemlyn ClosePenmaenmawr£220,3333
LL34 6LYPenmaenmawr, ConwyPenmaenmawr£217,0005
LL34 6YUFairy Glen RoadPenmaenmawr£214,7905

Least Expensive Streets in LL34 (Penmaenmawr)

PostcodeStreetAreaAverageNo. of Sales
LL34 6BWCemlyn ParkPenmaenmawr£91,0005
LL34 6PBWater StreetPenmaenmawr£109,7857
LL34 6NFHigh StreetPenmaenmawr£111,08611
LL34 6HDGwynan RoadPenmaenmawr£115,4166
LL34 6LGDavid StreetPenmaenmawr£118,96414
LL34 6LHErasmus StreetPenmaenmawr£121,20812
LL34 6HGCwm RoadPenmaenmawr£123,0003
LL34 6HABell CottagesPenmaenmawr£126,2504
LL34 6PDUpper MaenanPenmaenmawr£126,2857
LL34 6JARed GablesPenmaenmawr£129,0003

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