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Colwyn Bay House Prices Colwyn Bay House Prices

The average house price in Colwyn Bay is £244,105 using HM Land Registry data.

The average property price increased by £58,137 (31.03%) over the last 5 years and increased by £11,619 (4.97%) over the last 12 months.

Over the last year, there were 403 residential property sales – a decrease of 139 transactions (-34.49%) relative to the previous year. The majority of house sales (94) were in the £90,000 - £154,000 range. Then came properties in the £154,000 - £218,000 range, where 91 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 £-9,810 (-3%).

In April 2024, there were 73 new estate agency instructions, 45 agreed home sales and 42 property price reductions.

Neighbouring Areas: Penrhyn Bay

Postcodes Covered: LL28, LL29

5-Year Average Property Prices in Colwyn Bay

31.03%

Property prices in Colwyn Bay increased by 31.03% 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 Colwyn Bay Over the Last Year

4.97%

Property prices in Colwyn Bay increased by 4.97% 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 Colwyn Bay - 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 Colwyn Bay

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 Colwyn Bay

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 Colwyn Bay

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 Colwyn Bay since 1995

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

Recent Property Sales in Colwyn Bay

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Gregory Crescent, Colwyn Bay, Conwy, LL29 7NF£260,000£253,000-£7,00007 Sep 202326 Jan 2024141 Days
3 Coed Y Glyn, Colwyn Bay, Conwy, LL29 6DU£475,000£455,000-£20,00023 Mar 202323 Jan 2024306 Days
3 Llys Dedwydd, Rhos On Sea, Colwyn Bay, Conwy, LL28 4BG£475,000£475,000£006 Oct 202319 Jan 2024105 Days
14 Willow Close, Colwyn Bay, Conwy, LL29 8YL£229,950£226,000-£3,95010 Oct 202312 Jan 202494 Days
49 Colwyn Avenue, Rhos On Sea, Colwyn Bay, Conwy, LL28 4RA£234,950£190,000-£44,95013 May 202318 Dec 2023219 Days
105 Marine Drive, Rhos On Sea, Colwyn Bay, Conwy, LL28 4HU£595,000£585,000-£10,00003 Aug 202318 Dec 2023137 Days
12 Clifton Road, Old Colwyn, Colwyn Bay, Conwy, LL29 9DY£334,950£315,000-£19,95020 Jul 202318 Dec 2023151 Days
13 Ebberston Road East, Rhos On Sea, Colwyn Bay, Conwy, LL28 4DR£699,950£670,000-£29,95011 Oct 202315 Dec 202365 Days
8 Penrhyn Avenue, Rhos On Sea, Colwyn Bay, Conwy, LL28 4RD£97,500£97,500£031 Jul 202308 Dec 2023130 Days
17 Bryn Heulog, Old Colwyn, Colwyn Bay, Conwy, LL29 9NY£310,000£310,000£024 Aug 202301 Dec 202399 Days
6 Llys Dedwydd, Rhos On Sea, Colwyn Bay, Conwy, LL28 4BG£379,950£365,000-£14,95031 Aug 202329 Nov 202390 Days
4 Kenneth Avenue, Colwyn Bay, Conwy, LL29 7UN£149,950£123,000-£26,95017 Jul 202328 Nov 2023134 Days
6 Fron Uchaf, Colwyn Bay, Conwy, LL29 6DS£165,000£157,500-£7,50022 Jun 202317 Nov 2023148 Days
4 Princess Avenue, Rhos On Sea, Colwyn Bay, Conwy, LL28 4UT£249,950£249,950£009 Aug 202313 Nov 202396 Days
68 Llanelian Road, Old Colwyn, Colwyn Bay, Conwy, LL29 9UA£225,000£210,000-£15,00022 May 202310 Nov 2023172 Days
7 Albert Road, Old Colwyn, Colwyn Bay, Conwy, LL29 9TE£200,000£196,500-£3,50023 May 202301 Nov 2023162 Days
105 Tan Y Bryn Road, Rhos On Sea, Colwyn Bay, Conwy, LL28 4TU£250,000£235,000-£15,00004 May 202331 Oct 2023180 Days
Flat 16, Rhos Abbey, Rhos Promenade, Rhos On Sea, Colwyn Bay, Conwy, LL28 4QA£199,950£199,950£021 Apr 202331 Oct 2023193 Days
7 Woodhill Road, Colwyn Bay, Conwy, LL29 7EU£215,000£212,000-£3,00019 May 202325 Oct 2023159 Days
55 Llannerch Road West, Rhos On Sea, Colwyn Bay, Conwy, LL28 4AS£259,950£255,000-£4,95021 Jun 202320 Oct 2023121 Days

Most Expensive Streets in Colwyn Bay

PostcodeStreetAreaAverageNo. of Sales
LL28 4EFBryn Y Mor RoadColwyn Bay£810,0001
LL28 4DUCayley PromenadeRhos On Sea£752,5002
LL29 6AJKings OakColwyn Bay£725,0001
LL28 5YRHoneysuckle LaneColwyn Bay£695,0001
LL28 5YPCopthorn RoadColwyn Bay£684,6005
LL29 7YHKings RoadColwyn Bay£642,5003
LL28 4TJCedar GroveRhos On Sea£640,0001
LL29 7BHQueens DriveColwyn Bay£629,5005
LL28 4NNColwyn AvenueRhos On Sea£624,9971
LL28 5UYOld HighwayColwyn Bay£610,0001

Least Expensive Streets in Colwyn Bay

PostcodeStreetAreaAverageNo. of Sales
LL29 7SAAbergele RoadColwyn Bay£34,5002
LL29 7NNAbergele RoadColwyn Bay£35,0001
LL29 8BPStation RoadColwyn Bay£39,5002
LL29 7HRConway RoadColwyn Bay£52,32819
LL29 7LEConway RoadColwyn Bay£54,23720
LL29 7BJCwrt Bryn CoedCoed Pella Road£59,90831
LL28 4PLPenrhyn ParkPenrhyn Avenue£60,37613
LL29 7DHWoodland Road WestColwyn Bay£62,5002
LL29 7RUAbergele RoadColwyn Bay£62,9005
LL29 8LGPenrhyn RoadColwyn Bay£64,2374

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