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Penrhyn Bay House Prices Penrhyn Bay House Prices

The average house price in Penrhyn Bay is £220,333 using HM Land Registry data.

The average property price increased by £108,308 (55.67%) over the last 5 years and increased by £21,646 (7.7%) over the last 12 months.

Over the last year, there were 66 residential property sales – a decrease of 22 transactions (-33.33%) relative to the previous year. The majority of house sales (15) were in the £278,000 - £324,000 range. Then came properties in the £232,000 - £278,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,092 (-3%).

In April 2024, there were 9 new estate agency instructions, 8 agreed home sales and 3 property price reductions.

Neighbouring Areas: Colwyn Bay

Postcodes Covered: LL30, LL31

5-Year Average Property Prices in Penrhyn Bay

55.67%

Property prices in Penrhyn Bay increased by 55.67% 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 Penrhyn Bay Over the Last Year

7.7%

Property prices in Penrhyn Bay increased by 7.7% 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 Penrhyn Bay - 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 Penrhyn Bay

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 Penrhyn Bay

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 Penrhyn Bay

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 Penrhyn Bay since 1995

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

Recent Property Sales in Penrhyn Bay

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18a, Glan Y Mor Road, Penrhyn Bay, Llandudno, Conwy, LL30 3NL£164,950£158,000-£6,95021 Nov 202308 Mar 2024108 Days
71 Glan Y Mor Road, Penrhyn Bay, Llandudno, Conwy, LL30 3PF£235,950£222,500-£13,45012 Jul 202306 Mar 2024238 Days
6 Derwen Lane, Llandudno, Conwy, LL30 3EA£225,000£210,000-£15,00009 Nov 202302 Feb 202485 Days
2 Carolina Crescent, Penrhyn Bay, Llandudno, Conwy, LL30 3HG£335,000£335,000£0007 Aug 202312 Jan 2024158 Days
20 Berwyn Gardens, Penrhyn Bay, Llandudno, Conwy, LL30 3PE£279,950£270,000-£9,95003 Apr 202308 Dec 2023249 Days
3 Waen Road, Glanwydden, Llandudno Junction, Conwy, LL31 9JW£219,950£211,000-£8,95004 Aug 202304 Dec 2023122 Days
31 Oliver Jones Drive, Penrhyn Bay, Llandudno, Conwy, LL30 3FE£199,950£190,000-£9,95014 Sep 202330 Nov 202377 Days
90 Glan Y Mor Road, Penrhyn Bay, Llandudno, Conwy, LL30 3PH£375,000£345,000-£30,00003 Aug 202324 Nov 2023113 Days
74 Llanrhos Road, Penrhyn Bay, Llandudno, Conwy, LL30 3HY£299,950£290,000-£9,95006 Jul 202317 Nov 2023134 Days
39 Penrhos Drive, Penrhyn Bay, Llandudno, Conwy, LL30 3LH£219,950£200,000-£19,95009 Sep 202317 Nov 202369 Days
21 Rhys Evans Close, Penrhyn Bay, Llandudno, Conwy, LL30 3FJ£429,950£429,950£0010 Aug 202309 Nov 202391 Days
24 Penrhyn Beach East, Penrhyn Bay, Llandudno, Conwy, LL30 3NU£343,950£338,950-£5,00017 Aug 202309 Nov 202384 Days
22 Ormeside, Penrhynside, Llandudno, Conwy, LL30 3DY£215,000£200,000-£15,00028 Nov 202201 Nov 2023338 Days
4 Orsedd Cottages, Glanwydden, Llandudno Junction, Conwy, LL31 9JS£350,000£342,500-£7,50015 Mar 202331 Oct 2023230 Days
18 Coed Y Mor, Penrhyn Bay, Llandudno, Conwy, LL30 3NS£279,950£279,950£0021 Mar 202325 Oct 2023218 Days
7 Hartsville Avenue, Penrhyn Bay, Llandudno, Conwy, LL30 3HS£319,950£319,000-£95005 Jul 202319 Oct 2023106 Days
20 Pendorlan Road, Penrhyn Bay, Llandudno, Conwy, LL30 3PS£320,000£320,000£0024 May 202319 Oct 2023148 Days
1 Berwyn Gardens, Penrhyn Bay, Llandudno, Conwy, LL30 3PE£299,950£290,000-£9,95030 Jun 202312 Oct 2023104 Days
1 Maes Y Wylan, Penrhyn Bay, Llandudno, Conwy, LL30 3EZ£360,000£360,000£0001 Mar 202311 Oct 2023224 Days
19 Rhys Evans Close, Penrhyn Bay, Llandudno, Conwy, LL30 3FJ£279,950£262,000-£17,95026 Jul 202304 Oct 202370 Days

Most Expensive Streets in Penrhyn Bay

PostcodeStreetAreaAverageNo. of Sales
LL30 3RWPenrhyn Beach EastPenrhyn Bay£626,0628
LL30 3PHGlanymor RoadPenrhyn Bay£425,8256
LL30 3LFMarie ClosePenrhyn Bay£380,8333
LL30 3NYPenrhyn Beach EastPenrhyn Bay£374,8336
LL30 3RAPenrhyn Beach WestPenrhyn Bay£363,4916
LL30 3FJRhys Evans ClosePenrhyn Bay£337,9833
LL30 3NRPenrhyn Beach WestPenrhyn Bay£329,9833
LL30 3EYMaes Yr HebogPenrhyn Bay£320,2374
LL30 3DABryn Gwynt LanePenrhynside£314,9916
LL30 3HGCarolina CrescentPenrhyn Bay£304,2504

Least Expensive Streets in Penrhyn Bay

PostcodeStreetAreaAverageNo. of Sales
LL30 3EJPenrhyn CourtPenrhyn Bay£91,77522
LL30 3BTMount Pleasant TerracePenrhynside£140,4005
LL30 3FLWard ClosePenrhyn Bay£167,8628
LL30 3DYOrmesidePenrhynside£169,96819
LL30 3FDCampbell ClosePenrhyn Bay£171,8905
LL30 3HALlandudno RoadPenrhyn Bay£175,3279
LL30 3FGFarrington CourtPenrhyn Bay£178,2504
LL30 3NLGlan-y-morPenrhyn Bay£184,2005
LL30 3FPConolly ClosePenrhyn Bay£189,3605
LL30 3NWPenrhyn Beach WestPenrhyn Bay£191,6005

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