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Blaenau Ffestiniog House Prices Blaenau Ffestiniog House Prices

The average house price in Blaenau Ffestiniog is £135,175 using HM Land Registry data.

The average property price increased by £52,623 (62.43%) over the last 5 years and increased by £10,517 (8.32%) over the last 12 months.

Over the last year, there were 49 residential property sales – a decrease of 23 transactions (-46.94%) relative to the previous year. The majority of house sales (12) were in the £106,000 - £124,000 range. Then came properties in the £124,000 - £142,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,467 (-4%).

In April 2024, there were 5 new estate agency instructions, 6 agreed home sales and 7 property price reductions.

Postcodes Covered: LL41

5-Year Average Property Prices in Blaenau Ffestiniog

62.43%

Property prices in Blaenau Ffestiniog increased by 62.43% 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 Blaenau Ffestiniog Over the Last Year

8.32%

Property prices in Blaenau Ffestiniog increased by 8.32% 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 Blaenau Ffestiniog - 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 Blaenau Ffestiniog

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 Blaenau Ffestiniog

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 Blaenau Ffestiniog

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 Blaenau Ffestiniog since 1995

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

Recent Property Sales in Blaenau Ffestiniog

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Tyddyn Gwyn Terrace, Manod, Blaenau Ffestiniog, Gwynedd, LL41 4AN£155,000£148,000-£7,00026 Dec 202212 Jan 2024382 Days
196 Manod Road, Blaenau Ffestiniog, Gwynedd, LL41 4AR£149,000£147,500-£1,50016 Jun 202304 Dec 2023171 Days
4 Salem Place, Rhiwbryfdir, Blaenau Ffestiniog, Gwynedd, LL41 3LG£110,000£98,000-£12,00010 May 202301 Dec 2023205 Days
9 West End, Tanygrisiau, Blaenau Ffestiniog, Gwynedd, LL41 3SR£145,000£142,500-£2,50027 Jul 202301 Dec 2023127 Days
2 Gwynfryn Dolrhedyn, Tanygrisiau, Blaenau Ffestiniog, Gwynedd, LL41 3SP£220,000£195,000-£25,00003 May 202327 Nov 2023208 Days
14 Glanrafon Terrace, Tanygrisiau, Blaenau Ffestiniog, Gwynedd, LL41 3SY£112,000£110,000-£2,00011 Jul 202322 Nov 2023134 Days
3 Bryn Afon, Tanygrisiau, Blaenau Ffestiniog, Gwynedd, LL41 3TA£150,000£150,000£0004 Jul 202303 Nov 2023122 Days
8 Heol Maenofferen, Blaenau Ffestiniog, Gwynedd, LL41 3DH£115,000£115,000£0015 Jun 202320 Oct 2023127 Days
30 Jones Street, Blaenau Ffestiniog, Gwynedd, LL41 3YF£95,000£95,000£0017 Feb 202306 Oct 2023231 Days
4 Fair View, Blaenau Ffestiniog, Gwynedd, LL41 3DT£135,000£128,000-£7,00017 Jan 202318 Sep 2023244 Days
8 Bodafon, Blaenau Ffestiniog, Gwynedd, LL41 3BG£125,000£112,500-£12,50012 Apr 202305 Sep 2023146 Days
3 Bryn Ffynnon, Bethania, Blaenau Ffestiniog, Gwynedd, LL41 4DN£139,750£125,000-£14,75006 Apr 202325 Aug 2023141 Days
5 Cromwell Street, Blaenau Ffestiniog, Gwynedd, LL41 3HG£85,000£82,000-£3,00007 Mar 202325 Aug 2023171 Days
5 Uwchlaw Ffynnon, Bethania, Blaenau Ffestiniog, Gwynedd, LL41 4DH£99,950£82,000-£17,95020 Feb 202318 Aug 2023179 Days
8 Dolydd Terrace, Tanygrisiau, Blaenau Ffestiniog, Gwynedd, LL41 3TN£135,000£135,000£0016 Nov 202231 Jul 2023257 Days
32 Manod Road, Blaenau Ffestiniog, Gwynedd, LL41 4DE£125,000£115,000-£10,00024 Jan 202327 Jul 2023184 Days
1 Tabernacl Terrace, Blaenau Ffestiniog, Gwynedd, LL41 3BJ£117,000£114,000-£3,00014 Nov 202230 Jun 2023228 Days
72 High Street, Blaenau Ffestiniog, Gwynedd, LL41 3AW£145,000£140,000-£5,00014 Nov 202222 Jun 2023220 Days
4 Blaen Afon, Blaenau Ffestiniog, Gwynedd, LL41 3TY£105,000£100,000-£5,00025 Apr 202322 Jun 202358 Days
2 Bron View, Blaenau Ffestiniog, Gwynedd, LL41 3DP£145,000£140,000-£5,00003 Jan 202330 May 2023147 Days

Most Expensive Streets in Blaenau Ffestiniog

PostcodeStreetAreaAverageNo. of Sales
LL41 4AUManodBlaenau Ffestiniog£188,0034
LL41 3ULThe SquareBlaenau Ffestiniog£165,6663
LL41 3UBOxford StreetBlaenau Ffestiniog£162,6663
LL41 3DYBowydd RoadBlaenau Ffestiniog£142,4874
LL41 3SYGlanrafon TerraceTanygrisiau£137,5003
LL41 3DQHafod RuffyddBlaenau Ffestiniog£130,9833
LL41 3DWWynne RoadBlaenau Ffestiniog£130,1663
LL41 4DFIsfryn TerraceBlaenau Ffestiniog£129,0003
LL41 3AXHigh StreetBlaenau Ffestiniog£123,6005
LL41 4DNBryn FfynnonBethania£122,6663

Least Expensive Streets in Blaenau Ffestiniog

PostcodeStreetAreaAverageNo. of Sales
LL41 3YFJones StreetBlaenau Ffestiniog£81,0006
LL41 3AFGlynllifon StreetBlaenau Ffestiniog£83,1254
LL41 3DUGlynllifon StreetBlaenau Ffestiniog£88,7504
LL41 3BWGeufron TerraceBlaenau Ffestiniog£89,2483
LL41 4AHManod RoadBlaenau Ffestiniog£92,00012
LL41 3LHBrynhyfrydRhiwbryfdir£95,6663
LL41 3HGCromwell StreetBlaenau Ffestiniog£95,6663
LL41 3AULord StreetBlaenau Ffestiniog£99,0647
LL41 3HDChurch StreetBlaenau Ffestiniog£99,5003
LL41 3SRWest EndTanygrisiau£101,6254

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