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House Prices in LL48

The average house price in LL48 (Penrhyndeudraeth) is £85,000 using HM Land Registry data.

The average property price decreased by £14,053 (-7.5%) over the last 5 years and decreased by £2,810 (-1.59%) over the last 12 months.

Over the last year, there were 27 residential property sales – a decrease of 5 transactions (-18.52%) relative to the previous year. The majority of house sales (11) were in the £124,000 - £168,000 range. Then came properties in the £80,000 - £124,000 range, where 5 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,167 (-5%).

In Apr 2026, there were 1 new estate agency instructions, 4 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in LL48 (Penrhyndeudraeth)

-7.5%

Property prices in LL48 (Penrhyndeudraeth) decreased by -7.5% 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 LL48 (Penrhyndeudraeth) Over the Last Year

-1.59%

Property prices in LL48 (Penrhyndeudraeth) decreased by -1.59% 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 LL48 (Penrhyndeudraeth) - Apr 2026

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 LL48 (Penrhyndeudraeth)

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 LL48 (Penrhyndeudraeth)

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 LL48 (Penrhyndeudraeth)

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 LL48 (Penrhyndeudraeth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LL48 postcode area since 1995.

Recent Sales in LL48 (Penrhyndeudraeth)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
4 Church Street, Penrhyndeudraeth, LL48 6AB	£165,000	£160,000	-£5,000	01 Aug 2025	27 Feb 2026	210 Days
4 School Street, Penrhyndeudraeth, LL48 6AE	£137,500	£137,500	£0	08 Aug 2025	15 Jan 2026	160 Days
4 Railway Terrace, Penrhyndeudraeth, LL48 6DN	£165,000	£152,500	-£12,500	03 May 2025	03 Dec 2025	214 Days
4 Osmund Terrace, Penrhyndeudraeth, LL48 6PA	£150,000	£143,500	-£6,500	17 Sep 2025	18 Nov 2025	62 Days
Meiriondy, Market Square, Penrhyndeudraeth, LL48 6LP	£205,000	£192,500	-£12,500	21 Mar 2025	09 Oct 2025	202 Days
3 Church Place, Penrhyndeudraeth, LL48 6AG	£142,000	£137,000	-£5,000	22 May 2025	22 Sep 2025	123 Days
303 Hengoed, Maes Y Garth, Minffordd, Penrhyndeudraeth, LL48 6EE	£230,000	£218,000	-£12,000	17 Feb 2025	25 Jul 2025	158 Days
2 Maes Yr Haf, Griffin Terrace, Penrhyndeudraeth, LL48 6LR	£165,000	£155,000	-£10,000	15 Nov 2024	09 Jul 2025	236 Days
1 Goleufron, Griffin Terrace, Penrhyndeudraeth, LL48 6LR	£145,000	£143,000	-£2,000	08 Nov 2024	19 Jun 2025	223 Days
Gest View, Griffin Terrace, Penrhyndeudraeth, LL48 6LR	£145,000	£138,000	-£7,000	06 Feb 2025	30 May 2025	113 Days
4 Tegid House, Caerffynnon Terrace, School Street, Penrhyndeudraeth, LL48 6AH	£165,000	£150,000	-£15,000	12 Jul 2024	04 Apr 2025	266 Days

Most Expensive Streets in LL48 (Penrhyndeudraeth)

Postcode	Street	Area	Average	No. of Sales
LL48 6BH	Morfa Gaseg	Penrhyndeudraeth	£250,000	4
LL48 6NG	Pool Street	Penrhyndeudraeth	£225,800	5
LL48 6AL	A487(t) From Bro Llewelyn To A4085 Junction	Penrhyndeudraeth	£220,000	5
LL48 6ST	Rhyd LL48 6ST,	Penrhyndeudraeth	£217,800	5
LL48 6AU	A487(t) From Trem Y Wyddfa To Bro Llewelyn	Penrhyndeudraeth	£208,642	7
LL48 6EE	Maes Y Garth, Minffordd	Penrhyndeudraeth	£194,250	8
LL48 6BT	Penrhyndeudraeth LL48 6BT,	Penrhyndeudraeth	£171,166	3
LL48 6BN	High Street	Penrhyndeudraeth	£159,200	3
LL48 6PA	Osmund Terrace	Penrhyndeudraeth	£158,125	4
LL48 6EF	Minffordd	Penrhyndeudraeth	£150,000	4

Least Expensive Streets in LL48 (Penrhyndeudraeth)

Postcode	Street	Area	Average	No. of Sales
LL48 6BY	Penlan Terrace, A4085 From Cefn Meusydd To Join A487(t) At High Street, Penrhyndeudraeth	Penrhyndeudraeth	£77,000	3
LL48 6BS	Pool Street	Penrhyndeudraeth	£111,428	7
LL48 6AP	Adwyddu	Penrhyndeudraeth	£137,321	7
LL48 6AB	Church Street	Penrhyndeudraeth	£138,666	3
LL48 6LR	Griffin Terrace	Penrhyndeudraeth	£143,300	5
LL48 6DP	Bwlch Golau, A4085 From Cefn Meusydd To Join A487(t) At High Street, Penrhyndeudraeth	Penrhyndeudraeth	£143,333	3
LL48 6HG	A497 From Minffordd To Minffordd Roundabout, Minffordd	Penrhyndeudraeth	£146,666	3
LL48 6EF	Minffordd	Penrhyndeudraeth	£150,000	4
LL48 6PA	Osmund Terrace	Penrhyndeudraeth	£158,125	4
LL48 6BN	High Street	Penrhyndeudraeth	£159,200	3