You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Cross Hands and Pen-y-groes

Cross Hands and Pen-y-groes House Prices

The average house price in Cross Hands and Pen-y-groes is £155,989 using HM Land Registry data.

The average property price increased by £71,272 (47.36%) over the last 5 years and increased by £14,245 (6.86%) over the last 12 months.

Over the last year, there were 108 residential property sales – a decrease of 32 transactions (-29.63%) relative to the previous year. The majority of house sales (28) were in the £120,000 - £162,000 range. Then came properties in the £162,000 - £204,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,834 (-3%).

In April 2024, there were 9 new estate agency instructions, 4 agreed home sales and 2 property price reductions.

5-Year Average Property Prices in Cross Hands and Pen-y-groes

47.36%

Property prices in Cross Hands and Pen-y-groes increased by 47.36% 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 Cross Hands and Pen-y-groes Over the Last Year

6.86%

Property prices in Cross Hands and Pen-y-groes increased by 6.86% 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.

Property Market Heat Gauge for Cross Hands and Pen-y-groes - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Cross Hands and Pen-y-groes

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 Cross Hands and Pen-y-groes

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 Cross Hands and Pen-y-groes

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 Cross Hands and Pen-y-groes since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Cross Hands and Pen-y-groes area since 1995.

Recent Property Sales in Cross Hands and Pen-y-groes

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 The Crescent, Gorslas, Llanelli, Carmarthenshire, SA14 7LH	£220,000	£210,000	-£10,000	11 Aug 2023	30 Nov 2023	111 Days
33 Clos Y Cwm, Penygroes, Llanelli, Carmarthenshire, SA14 7RG	£175,000	£175,000	£00	12 Jun 2023	10 Nov 2023	151 Days
20 Brynglas, Penygroes, Llanelli, Carmarthenshire, SA14 7PY	£155,000	£150,000	-£5,000	04 Aug 2023	10 Nov 2023	98 Days
71 Waterloo Road, Penygroes, Llanelli, Carmarthenshire, SA14 7PN	£169,500	£161,000	-£8,500	08 Nov 2022	24 Oct 2023	350 Days
14 Brynglas, Penygroes, Llanelli, Carmarthenshire, SA14 7PY	£279,950	£270,000	-£9,950	15 Apr 2023	13 Oct 2023	181 Days
8 Heol Treventy, Cross Hands, Llanelli, Carmarthenshire, SA14 6TE	£169,950	£160,000	-£9,950	13 Jun 2023	29 Sep 2023	108 Days
46 Carmarthen Road, Cross Hands, Llanelli, Carmarthenshire, SA14 6SU	£389,950	£361,000	-£28,950	09 Feb 2023	15 Sep 2023	218 Days
13 Gilfach Y Gog, Penygroes, Llanelli, Carmarthenshire, SA14 7RJ	£295,000	£295,000	£00	21 Apr 2023	06 Sep 2023	138 Days
85 Cross Hands Road, Gorslas, Llanelli, Carmarthenshire, SA14 6RP	£157,000	£152,000	-£5,000	11 Jan 2023	26 Jul 2023	196 Days
7 Pontardulais Road, Cross Hands, Llanelli, Carmarthenshire, SA14 6NT	£240,000	£230,000	-£10,000	21 Feb 2023	30 Jun 2023	129 Days
Lletty Emlyn, Black Lion Road, Cross Hands, Llanelli, Carmarthenshire, SA14 6SA	£225,000	£225,000	£00	03 Jan 2023	20 Apr 2023	107 Days
13 Clos Y Dderwen, Cross Hands, Llanelli, Carmarthenshire, SA14 6RN	£415,000	£410,000	-£5,000	30 Sep 2022	01 Mar 2023	152 Days
108 Heol Bryngwili, Cross Hands, Llanelli, Carmarthenshire, SA14 6LU	£229,450	£219,450	-£10,000	04 May 2022	27 Jan 2023	268 Days
19 Clos Y Cwm, Penygroes, Llanelli, Carmarthenshire, SA14 7RG	£155,000	£150,000	-£5,000	21 Nov 2022	24 Nov 2022	3 Days
91 Waterloo Road, Penygroes, Llanelli, Carmarthenshire, SA14 7PN	£160,000	£160,000	£00	19 Jul 2022	14 Nov 2022	118 Days
2 Brynglas, Penygroes, Llanelli, Carmarthenshire, SA14 7PY	£162,500	£152,000	-£10,500	15 Feb 2022	18 Oct 2022	245 Days
1 Heol Y Parc, Cefneithin, Llanelli, Carmarthenshire, SA14 7DE	£150,000	£148,000	-£2,000	23 Nov 2019	22 Sep 2022	1034 Days
69 Black Lion Road, Gorslas, Llanelli, Carmarthenshire, SA14 6RT	£440,000	£425,000	-£15,000	21 Jun 2022	21 Sep 2022	92 Days
31 Gate Road, Penygroes, Llanelli, Carmarthenshire, SA14 7RL	£264,995	£250,000	-£14,995	06 May 2022	25 Aug 2022	111 Days
10 Waterloo Road, Penygroes, Llanelli, Carmarthenshire, SA14 7NP	£139,950	£134,000	-£5,950	20 Jun 2022	17 Aug 2022	58 Days

Most Expensive Streets in Cross Hands and Pen-y-groes

Postcode	Street	Area	Average	No. of Sales
SA14 7EG	Heol Y Foel	Foelgastell	£375,000	3
SA14 7DJ	Rhosybonwen Road	Cefneithin	£331,333	3
SA14 7PH	Caerbryn Road	Penygroes	£329,983	3
SA14 6RN	Clos Y Dderwen	Cross Hands	£303,374	8
SA14 7LX	Clos Y Gat	Gorslas	£295,400	5
SA14 7DH	Clos Treventy	Cefneithin	£290,000	3
SA14 7NF	Church Road	Gorslas	£286,990	11
SA14 7PT	Spien Road	Penygroes	£279,666	3
SA14 6TF	Heol Rhosybonwen	Cross Hands	£271,000	3
SA14 6RT	Black Lion Road	Gorslas	£263,875	4

Least Expensive Streets in Cross Hands and Pen-y-groes

Postcode	Street	Area	Average	No. of Sales
SA14 7RS	Norton Road	Penygroes	£93,166	6
SA14 7PW	Bryn Road	Penygroes	£94,338	3
SA14 6NL	Caeglas	Cross Hands	£102,561	8
SA14 6NG	Caeglas	Cross Hands	£108,000	3
SA14 7PE	Gorsddu Terrace	Penygroes	£110,142	7
SA14 6NS	Woodlands Terrace	Cross Hands	£111,187	8
SA14 7HS	Brynlluan	Gorslas	£114,000	3
SA14 6LT	Maesyrhaf	Cross Hands	£123,700	5
SA14 7RG	Clos Y Cwm	Penygroes	£125,277	9
SA14 7RT	Norton Road	Penygroes	£130,023	6