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Bethesda House Prices Bethesda House Prices

The average house price in Bethesda is £127,500 using HM Land Registry data.

The average property price increased by £58,905 (53.51%) over the last 5 years and increased by £11,772 (7.49%) over the last 12 months.

Over the last year, there were 42 residential property sales – a decrease of 14 transactions (-33.33%) relative to the previous year. The majority of house sales (11) were in the £110,000 - £132,000 range. Then came properties in the £154,000 - £176,000 range, where 10 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 £-7,985 (-4%).

In April 2024, there were 4 new estate agency instructions, 1 agreed home sales and 4 property price reductions.

Postcodes Covered: LL57

5-Year Average Property Prices in Bethesda

53.51%

Property prices in Bethesda increased by 53.51% 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 Bethesda Over the Last Year

7.49%

Property prices in Bethesda increased by 7.49% 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 Bethesda - 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 Bethesda

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 Bethesda

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 Bethesda

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 Bethesda since 1995

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

Recent Property Sales in Bethesda

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Ffrydlas Road, Carneddi, Bangor, Gwynedd, LL57 3BH£240,000£235,000-£5,00030 Aug 202301 Feb 2024155 Days
4 Bryntirion, Bethesda, Bangor, Gwynedd, LL57 3NG£126,500£120,000-£6,50005 Sep 202330 Jan 2024147 Days
3 Glanafon Street, Bethesda, Bangor, Gwynedd, LL57 3AL£105,000£102,500-£2,50005 Sep 202315 Dec 2023101 Days
5 Frondeg, Gerlan, Bangor, Gwynedd, LL57 3SW£215,000£194,000-£21,00029 Jun 202328 Nov 2023152 Days
2 Cilfodan, Bethesda, Bangor, Gwynedd, LL57 3SL£120,000£120,000£0002 Oct 202324 Nov 202353 Days
3 Mostyn Terrace, Bethesda, Bangor, Gwynedd, LL57 3AB£170,000£161,000-£9,00010 Jul 202310 Nov 2023123 Days
69 Carneddi Road, Carneddi, Bangor, Gwynedd, LL57 3SG£175,000£175,000£0022 Aug 202303 Nov 202373 Days
5 Tantreflys, Gerlan, Bangor, Gwynedd, LL57 3SS£225,000£225,000£0019 May 202320 Oct 2023154 Days
97 Carneddi Road, Bethesda, Bangor, Gwynedd, LL57 3SG£169,995£167,500-£2,49517 Jun 202312 Oct 2023117 Days
19 Carneddi Road, Carneddi, Bangor, Gwynedd, LL57 3RY£195,000£193,000-£2,00026 Jan 202326 Sep 2023243 Days
89 Carneddi Road, Carneddi, Bangor, Gwynedd, LL57 3SG£350,000£290,000-£60,00019 Jan 202326 Sep 2023250 Days
43 Abercaseg, Bethesda, Bangor, Gwynedd, LL57 3PL£239,950£235,000-£4,95018 Feb 202326 Sep 2023220 Days
6 Maes Coetmor, Bethesda, Bangor, Gwynedd, LL57 3DS£217,500£197,500-£20,00012 Apr 202315 Sep 2023156 Days
12 Bryntirion, Bethesda, Bangor, Gwynedd, LL57 3NG£150,000£125,000-£25,00025 Feb 202317 Aug 2023173 Days
4 Gordon Terrace, Bethesda, Bangor, Gwynedd, LL57 3NR£160,000£150,000-£10,00029 Oct 202216 Aug 2023291 Days
11 Gray Street, Carneddi, Bangor, Gwynedd, LL57 3BY£155,000£155,000£0021 Jun 202311 Aug 202351 Days
7 Gray Street, Carneddi, Bangor, Gwynedd, LL57 3BY£135,000£130,000-£5,00005 Dec 202211 Aug 2023249 Days
31 Bryntirion, Bethesda, Bangor, Gwynedd, LL57 3NG£157,500£140,000-£17,50016 Oct 202201 Aug 2023289 Days
3 Tabernacle Terrace, Bethesda, Bangor, Gwynedd, LL57 3BB£129,950£120,000-£9,95003 Jan 202329 Jun 2023177 Days
73 High Street, Bethesda, Bangor, Gwynedd, LL57 3AR£195,000£173,000-£22,00001 Dec 202212 May 2023162 Days

Most Expensive Streets in Bethesda

PostcodeStreetAreaAverageNo. of Sales
LL57 3RARhes JamsBraichmelyn£258,7504
LL57 3RSHen BarcLlanllechid£249,0003
LL57 3PYBraichmelynBangor£231,6663
LL57 3SRFronbantGerlan£200,7504
LL57 3TACiltrefnusGerlan£180,8333
LL57 3SGCarneddi RoadCarneddi£179,4378
LL57 3PLAbercasegBethesda£173,6663
LL57 3STGerlan RoadGerlan£168,9166
LL57 3DSMaes CoetmorBethesda£164,3754
LL57 3BGPantglas RoadBethesda£164,1015

Least Expensive Streets in Bethesda

PostcodeStreetAreaAverageNo. of Sales
LL57 3ASPenygraigBethesda£91,4984
LL57 3ARHigh StreetBethesda£92,8244
LL57 3DAWater StreetCarneddi£96,0003
LL57 3SNBontuchafCarneddi£99,7857
LL57 3BWCefnfaes StreetCarneddi£100,2506
LL57 3ALGlanafon StreetBethesda£109,2995
LL57 3AGVictoria PlaceBethesda£113,1254
LL57 3TTGoronwy Street Number TwoGerlan£115,1666
LL57 3TSGoronwy Street Number OneGerlan£120,0163
LL57 3SECarneddi RoadCarneddi£120,0287

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