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Bangor House Prices Bangor House Prices

The average house price in Bangor is £170,187 using HM Land Registry data.

The average property price increased by £46,876 (28.29%) over the last 5 years and increased by £9,393 (4.62%) over the last 12 months.

Over the last year, there were 120 residential property sales – a decrease of 53 transactions (-44.17%) relative to the previous year. The majority of house sales (34) were in the £100,000 - £150,000 range. Then came properties in the £150,000 - £200,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 187 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,478 (-3%).

In Dec 24, there were 10 new estate agency instructions, 10 agreed home sales and 17 property price reductions.

Postcodes Covered: LL57

5-Year Average Property Prices in Bangor

28.29%

Property prices in Bangor increased by 28.29% 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 Bangor Over the Last Year

4.62%

Property prices in Bangor increased by 4.62% 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 Bangor - Dec 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 Bangor

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 Bangor

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 Bangor

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 Bangor since 1995

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

Recent Property Sales in Bangor

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Glan Menai, Treborth, Bangor, Gwynedd, LL57 2NQ£225,000£225,000£0016 Jul 202418 Nov 2024125 Days
23 Llwyn Hudol, Bangor, Gwynedd, LL57 1SG£130,000£125,000-£5,00030 Jul 202407 Nov 2024100 Days
8 Min Y Coed, Bangor, Gwynedd, LL57 1TG£140,000£130,000-£10,00013 Sep 202301 Nov 2024415 Days
45 Dean Street, Bangor, Gwynedd, LL57 1UR£185,000£175,000-£10,00021 May 202411 Oct 2024143 Days
1 Bryn Difyr Terrace, Bangor, Gwynedd, LL57 1HY£120,000£117,500-£2,50022 May 202420 Sep 2024121 Days
115 Caernarfon Road, Bangor, Gwynedd, LL57 4LN£125,000£122,250-£2,75016 Apr 202417 Sep 2024154 Days
5 Ffordd Ceiriog, Bangor, Gwynedd, LL57 1AP£189,000£185,000-£4,00003 May 202402 Sep 2024122 Days
36 Llys Bedwyr, Bangor, Gwynedd, LL57 1SF£110,000£107,000-£3,00017 Apr 202409 Aug 2024114 Days
18 Upper Garth Road, Bangor, Gwynedd, LL57 2SR£310,000£280,000-£30,00011 Oct 202306 Aug 2024300 Days
101 Penrhos Road, Bangor, Gwynedd, LL57 2BQ£250,000£240,000-£10,00018 Oct 202329 Jul 2024285 Days
42 Farrar Road, Bangor, Gwynedd, LL57 1LJ£155,000£102,500-£52,50008 Oct 201224 Jul 20244307 Days
14 Ffordd Tegai, Bangor, Gwynedd, LL57 1TF£115,000£110,000-£5,00026 Feb 202412 Jul 2024137 Days
62 Caellepa, Bangor, Gwynedd, LL57 1HG£150,000£146,000-£4,00026 Oct 202301 Jul 2024249 Days
304 Caernarfon Road, Bangor, Gwynedd, LL57 4SG£125,000£125,000£0016 Mar 202428 Jun 2024104 Days
30 Lon Y Glyder, Bangor, Gwynedd, LL57 2UA£150,000£140,000-£10,00026 Dec 202326 Jun 2024183 Days
32 Lon Pobty, Bangor, Gwynedd, LL57 1HR£105,000£105,000£0017 May 202321 Jun 2024401 Days
306 Caernarfon Road, Bangor, Gwynedd, LL57 4SG£139,000£122,500-£16,50006 Feb 202421 Jun 2024136 Days
128 Penchwintan Road, Bangor, Gwynedd, LL57 2YG£310,000£308,000-£2,00019 Feb 202414 Jun 2024116 Days
5 Victoria Street, Bangor, Gwynedd, LL57 2HD£125,000£115,000-£10,00025 Jul 202306 Jun 2024317 Days
3 Ffordd Y Castell, Bangor, Gwynedd, LL57 1SU£125,000£125,000£0029 Jan 202405 Jun 2024128 Days

Most Expensive Streets in Bangor

PostcodeStreetAreaAverageNo. of Sales
LL57 2BHSiliwen RoadBangor£425,0003
LL57 2NLPenrhosgarneddBangor£419,9833
LL57 2LJBryn AddaBangor£418,0004
LL57 2LGLon Y FfrwdBangor£390,1254
LL57 2EJCoed Y MaesPenrhosgarnedd£380,9905
LL57 2QELon Y WyddfaPenrhosgarnedd£359,9336
LL57 2QPBron GwyneddPenrhosgarnedd£331,8336
LL57 2QRGwel Y RhosPenrhosgarnedd£315,3445
LL57 2HUTrefonwysBangor£312,6663
LL57 2EXFfordd GwyndyPenrhosgarnedd£312,4355

Least Expensive Streets in Bangor

PostcodeStreetAreaAverageNo. of Sales
LL57 2HWUxbridge CourtHolyhead Road£57,15818
LL57 1BFSaer LysMount Street, Bangor£78,0003
LL57 1BJNeuadd Yr EglwysBangor£85,5938
LL57 2HAHill StreetBangor£91,6663
LL57 1BQMount StreetBangor£95,0003
LL57 1YQPlas MeurynHigh Street, Bangor£98,7503
LL57 2UYPenchwintan RoadBangor£103,8124
LL57 1THGreenwood AvenueBangor£106,8754
LL57 2HDVictoria StreetBangor£107,8754
LL57 1LESackville RoadBangor£109,9005

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