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Penmaenmawr House Prices

The average house price in Penmaenmawr is £204,750 using HM Land Registry data.

The average property price increased by £51,790 (32.44%) over the last 5 years and increased by £10,351 (5.15%) over the last 12 months.

Over the last year, there were 30 residential property sales – a decrease of 24 transactions (-80.00%) relative to the previous year. The majority of house sales (14) were in the £110,000 - £166,000 range. Then came properties in the £166,000 - £222,000 range, where 4 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-2,937 (-1%).

In April 2024, there were 5 new estate agency instructions, 9 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in Penmaenmawr

32.44%

Property prices in Penmaenmawr increased by 32.44% 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 Penmaenmawr Over the Last Year

5.15%

Property prices in Penmaenmawr increased by 5.15% 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 Penmaenmawr - 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 Penmaenmawr

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 Penmaenmawr

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 Penmaenmawr

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 Penmaenmawr since 1995

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

Recent Property Sales in Penmaenmawr

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Bryn Helyg Estate, Penmaenmawr, Conwy, LL34 6EW	£245,000	£237,500	-£7,500	08 Nov 2023	18 Dec 2023	40 Days
6 Cwm Road, Penmaenmawr, Conwy, LL34 6HG	£175,000	£172,000	-£3,000	02 Aug 2023	01 Dec 2023	121 Days
18 Upper Maenan, Penmaenmawr, Conwy, LL34 6PD	£117,500	£112,000	-£5,500	26 Sep 2023	24 Nov 2023	59 Days
Corwen Villa, Bangor Road, Penmaenmawr, Conwy, LL34 6ND	£199,950	£199,950	£00	12 Jul 2023	03 Nov 2023	114 Days
The Old Hall, Church Road, Penmaenmawr, Conwy, LL34 6BN	£495,000	£475,000	-£20,000	27 Apr 2023	26 Oct 2023	182 Days
4 St Davids Terrace, Penmaenmawr, Conwy, LL34 6LN	£250,000	£232,000	-£18,000	05 May 2023	01 Sep 2023	119 Days
23 Parc Moel Lus, Penmaenmawr, Conwy, LL34 6DN	£395,000	£390,000	-£5,000	13 Jan 2023	22 Aug 2023	221 Days
Glan Y Wern, Graiglwyd Road, Penmaenmawr, Conwy, LL34 6ER	£625,000	£589,000	-£36,000	13 Mar 2023	11 Aug 2023	151 Days
19 Upper Maenan, Penmaenmawr, Conwy, LL34 6PD	£115,000	£112,500	-£2,500	08 Mar 2023	16 Jun 2023	100 Days
12 Parc Moel Lus, Penmaenmawr, Conwy, LL34 6DN	£319,500	£290,000	-£29,500	15 Feb 2023	09 Jun 2023	114 Days
23 Water Street, Penmaenmawr, Conwy, LL34 6PB	£115,000	£110,000	-£5,000	30 Jan 2023	02 Jun 2023	123 Days
15 Merton Park, Penmaenmawr, Conwy, LL34 6DH	£140,000	£140,000	£00	23 Feb 2023	30 May 2023	96 Days
4 Graiglwyd Terrace, Penmaenmawr, Conwy, LL34 6ES	£125,000	£120,000	-£5,000	15 Feb 2023	04 May 2023	78 Days
10 Upper Maenan, Penmaenmawr, Conwy, LL34 6PD	£150,000	£150,000	£00	19 Jan 2023	24 Mar 2023	64 Days
23 High Street, Penmaenmawr, Conwy, LL34 6NF	£129,950	£129,950	£00	15 Aug 2022	28 Feb 2023	197 Days
4 Bell Cottages, Penmaenmawr, Conwy, LL34 6HA	£170,000	£170,000	£00	07 Jul 2022	19 Jan 2023	196 Days
Flat 2, Norwood, Conway Road, Penmaenmawr, Conwy, LL34 6BD	£79,950	£78,000	-£1,950	27 Apr 2015	06 Jan 2023	2811 Days
Glanffrwd, Fernbrook Road, Penmaenmawr, Conwy, LL34 6DE	£500,000	£465,000	-£35,000	08 Jul 2022	11 Nov 2022	126 Days
6 Helyg Road, Penmaenmawr, Conwy, LL34 6HE	£175,000	£171,000	-£4,000	14 Aug 2022	07 Nov 2022	85 Days
29 David Street, Penmaenmawr, Conwy, LL34 6LG	£135,000	£132,000	-£3,000	29 Jun 2022	16 Sep 2022	79 Days

Most Expensive Streets in Penmaenmawr

Postcode	Street	Area	Average	No. of Sales
LL34 6ER	Graiglwyd Road	Penmaenmawr	£439,750	4
LL34 6LT	Esplanade	Penmaenmawr	£360,500	4
LL34 6DN	Parc Moel Lus	Penmaenmawr	£337,500	7
LL34 6EL	Fernbrook Road	Penmaenmawr	£293,983	3
LL34 6BU	Cemlyn Close	Penmaenmawr	£220,333	3
LL34 6LY	Penmaenmawr	Conwy	£217,000	5
LL34 6EW	Bryn Helyg Estate	Penmaenmawr	£192,666	6
LL34 6DH	Merton Park	Penmaenmawr	£192,325	6
LL34 6ND	Bangor Road	Penmaenmawr	£191,325	6
LL34 6AS	Paradise Road	Penmaenmawr	£189,166	3

Least Expensive Streets in Penmaenmawr

Postcode	Street	Area	Average	No. of Sales
LL34 6BW	Cemlyn Park	Penmaenmawr	£91,000	5
LL34 6PB	Water Street	Penmaenmawr	£109,785	7
LL34 6NF	High Street	Penmaenmawr	£111,086	11
LL34 6HD	Gwynan Road	Penmaenmawr	£115,416	6
LL34 6LG	David Street	Penmaenmawr	£118,964	14
LL34 6LH	Erasmus Street	Penmaenmawr	£121,208	12
LL34 6HG	Cwm Road	Penmaenmawr	£123,000	3
LL34 6HA	Bell Cottages	Penmaenmawr	£126,250	4
LL34 6PD	Upper Maenan	Penmaenmawr	£126,285	7
LL34 6JA	Red Gables	Penmaenmawr	£129,000	3