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Llanfairfechan House Prices Llanfairfechan House Prices

The average house price in Llanfairfechan is £374,166 using HM Land Registry data.

The average property price increased by £126,017 (85.94%) over the last 5 years and increased by £25,186 (10.18%) over the last 12 months.

Over the last year, there were 30 residential property sales – a decrease of 26 transactions (-86.67%) relative to the previous year. The majority of house sales (7) were in the £322,000 - £370,000 range. Then came properties in the £226,000 - £274,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 91 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,500 (-3%).

In April 2024, there were 9 new estate agency instructions, 10 agreed home sales and 2 property price reductions.

Postcodes Covered: LL33

5-Year Average Property Prices in Llanfairfechan

85.94%

Property prices in Llanfairfechan increased by 85.94% 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 Llanfairfechan Over the Last Year

10.18%

Property prices in Llanfairfechan increased by 10.18% 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 Llanfairfechan - 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 Llanfairfechan

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 Llanfairfechan

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 Llanfairfechan

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 Llanfairfechan since 1995

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

Recent Property Sales in Llanfairfechan

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Bron Rallt Newydd, Pool Street, Llanfairfechan, Conwy, LL33 0TN£160,000£151,000-£9,00029 Sep 202321 Feb 2024145 Days
Bodfeurig, Mount Road, Llanfairfechan, Conwy, LL33 0DW£150,000£115,000-£35,00021 Jan 202131 Jan 20241105 Days
Coed Madog, Nant Y Felin Road, Llanfairfechan, Conwy, LL33 0SU£360,000£357,500-£2,50007 Jul 202301 Dec 2023147 Days
Edensor, Park Crescent, Llanfairfechan, Conwy, LL33 0AU£340,000£330,000-£10,00024 Aug 202320 Nov 202388 Days
21 Nant Y Berllan, Llanfairfechan, Conwy, LL33 0SN£175,000£175,000£0007 Jun 202103 Nov 2023879 Days
Dolerw, Penmaenmawr Road, Llanfairfechan, Conwy, LL33 0NY£350,000£345,000-£5,00005 Jun 202331 Aug 202387 Days
Garth, Mill Road, Llanfairfechan, Conwy, LL33 0TG£185,000£160,000-£25,00018 Aug 202216 Jun 2023302 Days
Llwydmor, Glanmor Road, Llanfairfechan, Conwy, LL33 0BT£225,000£217,500-£7,50023 Feb 202306 Jun 2023103 Days
69 Gorwel, Llanfairfechan, Conwy, LL33 0DT£350,000£336,000-£14,00013 Feb 202328 Apr 202374 Days
Cil Treflys, Valley Road, Llanfairfechan, Conwy, LL33 0ET£347,500£340,000-£7,50029 Sep 202224 Mar 2023176 Days
63 Gorwel, Llanfairfechan, Conwy, LL33 0DT£275,000£271,000-£4,00017 Oct 202217 Mar 2023151 Days
5 Caradoc Place, Llanfairfechan, Conwy, LL33 0DA£250,000£240,000-£10,00022 Jul 202128 Feb 2023586 Days
10 Mona Terrace, Llanfairfechan, Conwy, LL33 0RE£137,000£133,000-£4,00005 Aug 202217 Feb 2023196 Days
23 Park Road, Llanfairfechan, Conwy, LL33 0AE£230,000£228,000-£2,00007 Apr 202225 Jan 2023293 Days
Chatham House, Penmaenmawr Road, Llanfairfechan, Conwy, LL33 0PN£455,000£450,000-£5,00007 Mar 202215 Dec 2022283 Days
Crafnant, Bryn Road, Llanfairfechan, Conwy, LL33 0RY£170,000£150,000-£20,00026 May 202208 Nov 2022166 Days
Ty Newydd, Penybryn Road, Llanfairfechan, Conwy, LL33 0TU£178,000£168,500-£9,50022 Aug 202202 Nov 202272 Days
4 Mona Terrace, Llanfairfechan, Conwy, LL33 0RE£147,500£145,000-£2,50005 Aug 202220 Oct 202276 Days
Coetmor, Valley Road, Llanfairfechan, Conwy, LL33 0SS£180,000£175,000-£5,00029 Mar 202229 Sep 2022184 Days
4 Parc Hen Blas Estate, Llanfairfechan, Conwy, LL33 0RW£385,000£375,000-£10,00005 Apr 202201 Sep 2022149 Days

Most Expensive Streets in Llanfairfechan

PostcodeStreetAreaAverageNo. of Sales
LL33 0PAPenmaenmawr RoadLlanfairfechan£448,7504
LL33 0DYLlanfairfechanConwy£375,1663
LL33 0PNPenmaenmawr RoadLlanfairfechan£309,1663
LL33 0SEValley RoadLlanfairfechan£295,5836
LL33 0ETValley RoadLlanfairfechan£295,3754
LL33 0SUNant Y Felin RoadLlanfairfechan£292,0333
LL33 0SQCae AmericaLlanfairfechan£266,1254
LL33 0DTGorwelLlanfairfechan£252,8005
LL33 0RNPenmaen ParkLlanfairfechan£251,7504
LL33 0DACaradoc PlaceLlanfairfechan£238,0005

Least Expensive Streets in Llanfairfechan

PostcodeStreetAreaAverageNo. of Sales
LL33 0TDNantyfelin TerraceLlanfairfechan£109,6663
LL33 0UEBrynmor TerraceLlanfairfechan£118,6503
LL33 0RAPendalarLlanfairfechan£122,1663
LL33 0REMona TerraceLlanfairfechan£123,2787
LL33 0UBBryntegPenybryn Road£149,3333
LL33 0TNPool StreetLlanfairfechan£149,5003
LL33 0DWMount RoadLlanfairfechan£151,6754
LL33 0UTLlwyn GwganLlanfairfechan£153,5004
LL33 0SYMaes HelygNant Y Felin Road£154,0003
LL33 0TYPenybryn RoadLlanfairfechan£161,6663

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