Bangor House Prices Bangor House Prices

The average house price in Bangor is £349,857 using HM Land Registry data.

The average property price increased by £27,412 (16.13%) over the last 5 years and increased by £5,478 (2.85%) over the last 12 months.

Over the last year, there were 143 residential property sales – a decrease of 49 transactions (-34.27%) relative to the previous year. The majority of house sales (38) were in the £90,000 - £140,000 range. Then came properties in the £140,000 - £190,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 91 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,985 (-4%).

In April 2024, there were 18 new estate agency instructions, 11 agreed home sales and 22 property price reductions.

5-Year Average Property Prices in Bangor

16.13%

Property prices in Bangor increased by 16.13% 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

2.85%

Property prices in Bangor increased by 2.85% 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 - 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 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
15 Tan Y Graig, Bangor, Gwynedd, LL57 4SD£147,500£145,000-£2,50028 Sep 202319 Jan 2024113 Days
67 Queens Avenue, Bangor, Gwynedd, LL57 1NH£125,000£118,000-£7,00011 Jan 202318 Jan 2024372 Days
19 Bryn Eithinog, Bangor, Gwynedd, LL57 2LA£271,750£270,000-£1,75021 Aug 202320 Dec 2023121 Days
24 Bryn Eithinog, Bangor, Gwynedd, LL57 2LA£230,000£230,000£0010 Oct 202320 Dec 202371 Days
20 Toronnen, Bangor, Gwynedd, LL57 4TF£148,000£145,000-£3,00005 Sep 202308 Dec 202394 Days
24 Ffordd Crwys, Bangor, Gwynedd, LL57 2NT£267,500£257,000-£10,50015 Jun 202301 Dec 2023169 Days
28 Min Y Ddol, Bangor, Gwynedd, LL57 1ND£130,000£125,000-£5,00016 May 202327 Nov 2023195 Days
3 Belmont Drive, Bangor, Gwynedd, LL57 2HS£279,500£272,000-£7,50006 Apr 202320 Nov 2023228 Days
10 Rhos Uchaf, Bangor, Gwynedd, LL57 2LP£275,000£264,000-£11,00019 Jul 202310 Nov 2023114 Days
26 Ffordd Cynan, Bangor, Gwynedd, LL57 2NS£249,950£246,000-£3,95014 Jul 202309 Nov 2023118 Days
45 Ffriddoedd Road, Bangor, Gwynedd, LL57 2TT£230,000£210,000-£20,00019 May 202331 Oct 2023165 Days
32 Belmont Road, Bangor, Gwynedd, LL57 2LL£330,000£330,000£0028 Jun 202327 Oct 2023121 Days
13 Belmont Avenue, Bangor, Gwynedd, LL57 2HT£192,500£188,000-£4,50006 Jul 202327 Oct 2023113 Days
105 Penrhyn Avenue, Bangor, Gwynedd, LL57 1LT£99,000£92,500-£6,50021 Jun 202326 Oct 2023127 Days
6 Bryn Llwyd, Bangor, Gwynedd, LL57 4SW£135,000£135,000£0022 Jul 202323 Oct 202393 Days
3 Orme Terrace, Bangor, Gwynedd, LL57 2YT£157,500£148,000-£9,50028 Apr 202319 Oct 2023174 Days
23 Belmont Road, Bangor, Gwynedd, LL57 2HY£305,000£290,000-£15,00016 Mar 202318 Oct 2023216 Days
6 Victoria Square, Bangor, Gwynedd, LL57 4SA£120,000£114,000-£6,00015 Mar 202316 Oct 2023215 Days
7 Bron Y De, Bangor, Gwynedd, LL57 4TL£315,000£305,000-£10,00001 Jul 202313 Oct 2023104 Days
20 Fair View Road, Bangor, Gwynedd, LL57 1BN£157,000£150,000-£7,00013 Nov 202212 Oct 2023333 Days

Most Expensive Streets in Bangor

PostcodeStreetAreaAverageNo. of Sales
LL57 2BHSiliwen RoadBangor£425,0003
LL57 2NLPenrhosgarneddBangor£419,9833
LL57 2LJBryn AddaBangor£418,0004
LL57 2EJCoed Y MaesPenrhosgarnedd£376,2504
LL57 2LGLon Y FfrwdBangor£365,1254
LL57 2LHLon Y BrynBangor£351,8754
LL57 2QRGwel Y RhosPenrhosgarnedd£345,7393
LL57 2HUTrefonwysBangor£312,6663
LL57 2EXFfordd GwyndyPenrhosgarnedd£312,4355
LL57 2QPBron GwyneddPenrhosgarnedd£311,2147

Least Expensive Streets in Bangor

PostcodeStreetAreaAverageNo. of Sales
LL57 2HWUxbridge CourtHolyhead Road£57,26522
LL57 2RLTabernacle ChapelGarth Road£68,2504
LL57 1BFSaer LysMount Street, Bangor£79,5004
LL57 2ALVron SquareBangor£84,8333
LL57 1BJNeuadd Yr EglwysBangor£85,5006
LL57 1BQMount StreetBangor£95,0003
LL57 1YQPlas MeurynHigh Street, Bangor£98,7503
LL57 2HBField StreetBangor£103,2003
LL57 1NDMin Y DdolBangor£105,0717
LL57 2HDVictoria StreetBangor£105,5003

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