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Dolgellau House Prices Dolgellau House Prices

The average house price in Dolgellau is £575,000 using HM Land Registry data.

The average property price increased by £50,111 (31.89%) over the last 5 years and increased by £10,015 (5.08%) over the last 12 months.

Over the last year, there were 38 residential property sales – a decrease of 11 transactions (-28.95%) relative to the previous year. The majority of house sales (9) were in the £132,000 - £184,000 range. Then came properties in the £184,000 - £236,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-24,550 (-11%).

In April 2024, there were 10 new estate agency instructions, 10 agreed home sales and 6 property price reductions.

Postcodes Covered: LL40

5-Year Average Property Prices in Dolgellau

31.89%

Property prices in Dolgellau increased by 31.89% 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 Dolgellau Over the Last Year

5.08%

Property prices in Dolgellau increased by 5.08% 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 Dolgellau - 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 Dolgellau

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 Dolgellau

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 Dolgellau

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 Dolgellau since 1995

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

Recent Property Sales in Dolgellau

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Plas Ucha, Meyrick Street, Dolgellau, Gwynedd, LL40 1LS£284,950£258,000-£26,95005 Sep 202320 Mar 2024197 Days
4 Park Row, Dolgellau, Gwynedd, LL40 1SE£145,000£142,500-£2,50003 Aug 202302 Feb 2024183 Days
Bryn Amlwg, Maesbrith, Dolgellau, Gwynedd, LL40 1LF£195,000£181,000-£14,00023 Feb 202331 Jan 2024342 Days
Tyn Y Cae, South Street, Dolgellau, Gwynedd, LL40 1NP£575,000£575,000£0024 Oct 202321 Dec 202358 Days
Llwyn Y Coed, Barmouth Road, Dolgellau, Gwynedd, LL40 2EW£480,000£450,000-£30,00012 Jun 202310 Nov 2023151 Days
Siop Y Bont, Bridge End, Dolgellau, Gwynedd, LL40 1DF£175,000£163,000-£12,00026 Apr 202325 Oct 2023182 Days
Gwynfa, Upperfield Street, Dolgellau, Gwynedd, LL40 1NA£229,995£218,000-£11,99519 Jan 202317 Oct 2023271 Days
Tanrhiw, Meyrick Street, Dolgellau, Gwynedd, LL40 1LR£260,000£200,000-£60,00009 Jun 202214 Sep 2023462 Days
Old Wesley House, South Street, Dolgellau, Gwynedd, LL40 1NE£250,000£245,000-£5,00008 Mar 202311 Sep 2023187 Days
Fronyw Cottage, Meyrick Square, Dolgellau, Gwynedd, LL40 1LT£85,000£85,000£0025 May 202331 Aug 202398 Days
4 Tal Yr Afon Buildings, Dolgellau, Gwynedd, LL40 1BG£145,000£130,000-£15,00014 Dec 202231 Aug 2023260 Days
6 Idris Terrace, Dolgellau, Gwynedd, LL40 1RT£155,000£150,500-£4,50002 Feb 202331 Aug 2023210 Days
2 Park Row, Dolgellau, Gwynedd, LL40 1SE£99,500£80,000-£19,50015 Feb 201618 Aug 20232741 Days
12 English Terrace, Dolgellau, Gwynedd, LL40 1BH£139,995£139,995£0021 Oct 202230 Jun 2023252 Days
9 Idris Terrace, Dolgellau, Gwynedd, LL40 1RT£159,950£142,500-£17,45023 Feb 202330 Jun 2023127 Days
6 Uwch Y Maes, Dolgellau, Gwynedd, LL40 1GA£369,950£285,000-£84,95016 Feb 202327 Jun 2023131 Days
Flat 15, Golden Lion, Lion Street, Dolgellau, Gwynedd, LL40 1DN£130,000£124,000-£6,00025 Aug 202221 Jun 2023300 Days
Fron Fair Cottage, Cader Road, Dolgellau, Gwynedd, LL40 1RU£169,950£165,000-£4,95028 Feb 202309 Jun 2023101 Days
1a, Fro Heulog Cottages, Dolgellau, Gwynedd, LL40 1HF£85,000£80,000-£5,00024 May 202208 Jun 2023380 Days
Lion Cottage, Lion Street, Dolgellau, Gwynedd, LL40 1DG£349,950£318,000-£31,95014 Dec 202215 May 2023152 Days

Most Expensive Streets in Dolgellau

PostcodeStreetAreaAverageNo. of Sales
LL40 2EWBarmouth RoadDolgellau£372,5004
LL40 2ERPencefn RoadDolgellau£281,50410
LL40 1LSMeyrick StreetDolgellau£271,8754
LL40 1GECaer DderwenDolgellau£263,3333
LL40 2YTBarmouth RoadDolgellau£255,0003
LL40 1LBNant Y GaderDolgellau£234,4005
LL40 2AXCoed Y BrynDolgellau£231,7506
LL40 1GAUwch Y MaesDolgellau£231,70010
LL40 1LDLlwyn ViewFron Serth£224,4445
LL40 1DTMarian RoadDolgellau£224,1663

Least Expensive Streets in Dolgellau

PostcodeStreetAreaAverageNo. of Sales
LL40 1BEWnion SquareDolgellau£91,0003
LL40 1DNGolden LionLion Street, Dolgellau£98,8754
LL40 1RWLove LaneDolgellau£100,8333
LL40 1HUFfordd Y FelinDolgellau£103,6663
LL40 1SEPark RowDolgellau£114,1663
LL40 1NDMount Pleasant RoadDolgellau£119,6663
LL40 1HRMaes TalaranDolgellau£121,8624
LL40 1RUCader RoadDolgellau£122,6905
LL40 1DYWell StreetDolgellau£132,3333
LL40 2YDArdd FawrDolgellau£134,6666

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