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Conwy House Prices Conwy House Prices

The average house price in Conwy is £270,818 using HM Land Registry data.

The average property price increased by £80,398 (37.15%) over the last 5 years and increased by £16,069 (5.72%) over the last 12 months.

Over the last year, there were 194 residential property sales – a decrease of 121 transactions (-62.37%) relative to the previous year. The majority of house sales (49) were in the £204,000 - £258,000 range. Then came properties in the £150,000 - £204,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,691 (-3%).

In April 2024, there were 57 new estate agency instructions, 27 agreed home sales and 32 property price reductions.

Postcodes Covered: LL30, LL31, LL32

5-Year Average Property Prices in Conwy

37.15%

Property prices in Conwy increased by 37.15% 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 Conwy Over the Last Year

5.72%

Property prices in Conwy increased by 5.72% 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 Conwy - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Conwy

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 Conwy

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 Conwy

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 Conwy since 1995

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

Recent Property Sales in Conwy

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
85 Victoria Drive, Llandudno Junction, Conwy, LL31 9PG£399,950£350,000-£49,95011 Sep 202329 Feb 2024171 Days
26 Cae Derw, Llandudno Junction, Conwy, LL31 9AR£235,000£220,000-£15,00027 Oct 202329 Feb 2024125 Days
110 Ronald Avenue, Llandudno Junction, Conwy, LL31 9UJ£210,000£202,500-£7,50002 Oct 202323 Feb 2024144 Days
6 Railway Terrace, Conwy, LL32 8LB£268,000£258,000-£10,00023 Aug 202316 Feb 2024177 Days
50 Cefn Y Bryn, Llandudno, Conwy, LL30 1NL£279,500£272,500-£7,00009 Jan 202412 Feb 202434 Days
4 Mckinley Road, Llandudno Junction, Conwy, LL31 9DY£190,000£190,000£0012 Jul 202309 Feb 2024212 Days
Ty Celyn, Bryn Celyn, Conwy, LL32 8PW£750,000£710,000-£40,00025 May 202309 Feb 2024260 Days
1 Bryn Celyn, Conwy, LL32 8PW£645,000£630,000-£15,00019 May 202309 Feb 2024266 Days
23 Cae Rhos Goed, Llandudno Junction, Conwy, LL31 9PQ£325,000£310,000-£15,00009 Sep 202326 Jan 2024139 Days
9 Cwm Estyn, Deganwy, Conwy, LL31 9RB£245,000£230,000-£15,00011 Sep 202325 Jan 2024136 Days
15 Tanyfron, Deganwy, Conwy, LL31 9YL£260,000£250,000-£10,00027 Jun 202319 Jan 2024206 Days
36 Tanyfron, Deganwy, Conwy, LL31 9YN£275,000£270,000-£5,00005 Jun 202312 Jan 2024221 Days
6 Pendyffryn, Llandudno Junction, Conwy, LL31 9AS£199,950£186,000-£13,95001 Aug 202305 Jan 2024157 Days
17 Bryn Lupus Drive, Llandudno, Conwy, LL30 1SF£229,950£225,000-£4,95012 Sep 202305 Jan 2024115 Days
29 Maes Y Coed, Deganwy, Conwy, LL31 9NQ£155,000£149,000-£6,00025 Oct 202320 Dec 202356 Days
1 Nant Y Glyn, Llandudno Junction, Conwy, LL31 9LG£220,000£220,000£0024 May 202315 Dec 2023205 Days
3 Tan Refail, Deganwy, Conwy, LL31 9AX£269,950£268,000-£1,95009 May 202314 Dec 2023219 Days
4 Bryn Gannock, Deganwy, Conwy, LL31 9UG£420,000£415,000-£5,00024 Oct 202314 Dec 202351 Days
41 St Hilarys Drive, Deganwy, Conwy, LL31 9SS£600,000£575,000-£25,00008 Sep 202314 Dec 202397 Days
25 Nant Y Glyn, Llandudno Junction, Conwy, LL31 9LG£260,000£246,000-£14,00009 Jun 202311 Dec 2023185 Days

Most Expensive Streets in Conwy

PostcodeStreetAreaAverageNo. of Sales
LL31 9HQGannock Park WestDeganwy£1,057,5006
LL31 9PZGannock ParkDeganwy£833,3333
LL31 9PJGannock ParkDeganwy£680,6254
LL31 9DQDeganwy QuayDeganwy£583,79627
LL32 8PWBryn CelynConwy£487,5004
LL30 1NADeganwy RoadLlanrhos£487,2508
LL32 8PECadnant ParkConwy£482,0005
LL31 9STWarren DriveDeganwy£478,1666
LL30 1NRMaesdu AvenueLlandudno£416,6663
LL31 9BYMarine CrescentDeganwy£414,10010

Least Expensive Streets in Conwy

PostcodeStreetAreaAverageNo. of Sales
LL31 9LQShamrock CourtConwy£100,2005
LL31 9NNCaradog RoadLlandudno Junction£104,5003
LL30 1NBPlas MariandirDeganwy Road£110,44418
LL31 9QNHillside MewsLlandudno Junction£116,2147
LL31 9ULPark TerraceDeganwy£121,4166
LL31 9HBWoodlandsLlandudno Junction£123,7504
LL32 8LYNew StreetConwy£131,1663
LL31 9HGBroad StreetLlandudno Junction£134,1006
LL31 9DFStation RoadDeganwy£134,6666
LL32 8NAMadoc TerraceConwy£135,8333

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