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Caernarfon House Prices Caernarfon House Prices

The average house price in Caernarfon is £186,250 using HM Land Registry data.

The average property price increased by £32,403 (18.95%) over the last 5 years and increased by £6,476 (3.29%) over the last 12 months.

Over the last year, there were 65 residential property sales – a decrease of 60 transactions (-92.31%) relative to the previous year. The majority of house sales (17) were in the £130,000 - £180,000 range. Then came properties in the £180,000 - £230,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 32 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,728 (-3%).

In April 2024, there were 20 new estate agency instructions, 7 agreed home sales and 6 property price reductions.

Postcodes Covered: LL55

5-Year Average Property Prices in Caernarfon

18.95%

Property prices in Caernarfon increased by 18.95% 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 Caernarfon Over the Last Year

3.29%

Property prices in Caernarfon increased by 3.29% 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 Caernarfon - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Caernarfon

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 Caernarfon

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 Caernarfon

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 Caernarfon since 1995

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

Recent Property Sales in Caernarfon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Ala Las, Caernarfon, Gwynedd, LL55 1BL£360,000£340,000-£20,00021 Jul 202323 Feb 2024217 Days
4 Pretoria Terrace, Caernarfon, Gwynedd, LL55 1TD£250,000£235,000-£15,00012 Jul 202309 Feb 2024212 Days
18 Dinorwic Street, Caernarfon, Gwynedd, LL55 2RG£200,000£190,000-£10,00015 Sep 202329 Jan 2024136 Days
11 Hampton Road, Caernarfon, Gwynedd, LL55 1BP£165,000£163,000-£2,00007 Nov 202312 Jan 202466 Days
6 North Penrallt, Caernarfon, Gwynedd, LL55 1PP£99,950£90,000-£9,95030 Jun 202303 Jan 2024187 Days
58 Chapel Street, Caernarfon, Gwynedd, LL55 2PS£60,000£60,000£0022 Sep 202318 Dec 202387 Days
51 Glan Seiont, Caernarfon, Gwynedd, LL55 2DX£310,000£305,000-£5,00026 Apr 202315 Dec 2023233 Days
Carwyn, Sydney Road, Caernarfon, Gwynedd, LL55 1ET£300,000£300,000£0017 Jun 202324 Nov 2023160 Days
5 Caeau Bach, Caernarfon, Gwynedd, LL55 2BZ£235,000£200,000-£35,00014 Apr 202320 Nov 2023220 Days
2 Mary Street, Caernarfon, Gwynedd, LL55 1NE£130,000£130,000£0024 Apr 202310 Nov 2023200 Days
Flat 5, Glan Y Mor, Turkey Shore, Caernarfon, Gwynedd, LL55 1TA£65,000£63,000-£2,00017 Mar 202301 Nov 2023229 Days
17 Maes Hyfryd, Caernarfon, Gwynedd, LL55 1DN£240,000£225,000-£15,00012 May 202327 Oct 2023168 Days
14 Llys Siabod, Caernarfon, Gwynedd, LL55 2LT£165,000£156,500-£8,50029 Jun 202329 Sep 202392 Days
16 Constantine Road, Caernarfon, Gwynedd, LL55 2LF£280,000£275,000-£5,00020 Jun 202322 Sep 202394 Days
72 Maes Gwynedd, Caernarfon, Gwynedd, LL55 1DL£215,000£210,000-£5,00028 Nov 202222 Sep 2023298 Days
Flat 4, Glan Y Mor, Turkey Shore, Caernarfon, Gwynedd, LL55 1TA£109,950£106,000-£3,95017 Apr 202318 Sep 2023154 Days
31 Eleanor Street, Caernarfon, Gwynedd, LL55 1PG£160,000£160,000£0017 Nov 202204 Sep 2023291 Days
Flat 17, Glan Y Mor, Turkey Shore, Caernarfon, Gwynedd, LL55 1TA£105,000£95,000-£10,00020 Dec 202218 Aug 2023241 Days
57 Ffordd Eryri, Caernarfon, Gwynedd, LL55 2UR£245,000£205,000-£40,00009 Mar 202331 Jul 2023144 Days
3 Llain Y Felin, Rhosbodrual, Caernarfon, Gwynedd, LL55 2BG£335,000£324,000-£11,00023 Feb 202321 Jul 2023148 Days

Most Expensive Streets in Caernarfon

PostcodeStreetAreaAverageNo. of Sales
LL55 1HSEngland Road NorthCaernarfon£366,1663
LL55 1LLCae GwynCaernarfon£349,5836
LL55 1LNGerddi MenaiCaernarfon£347,5005
LL55 2YLSeiont Mill RoadCaernarfon£346,6663
LL55 1ELSt Davids RoadCaernarfon£335,8003
LL55 1LFFfordd MenaiCaernarfon£334,0624
LL55 1BLAla LasCaernarfon£318,3333
LL55 1LELlys MeirionCaernarfon£299,5883
LL55 1THDoc FictoriaCaernarfon£282,9905
LL55 2SQGwel Y LlanCaernarfon£263,33318

Least Expensive Streets in Caernarfon

PostcodeStreetAreaAverageNo. of Sales
LL55 2AFPool StreetCaernarfon£68,3805
LL55 2LBHen WaliaCaernarfon£78,6663
LL55 1TAGlan Y MorTurkey Shore£88,95010
LL55 2HYHendre StreetCaernarfon£91,4166
LL55 2AEPool StreetCaernarfon£92,3333
LL55 1NSSouth PenralltCaernarfon£92,9166
LL55 2RDSnowdon StreetCaernarfon£95,8889
LL55 2LDAssheton TerraceCaernarfon£97,1836
LL55 2PSChapel StreetCaernarfon£99,3505
LL55 1NDWilliam StreetCaernarfon£105,4378

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