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Pwllheli House Prices

The average house price in Pwllheli is £265,000 using HM Land Registry data.

The average property price increased by £90,803 (57.95%) over the last 5 years and increased by £18,152 (7.91%) over the last 12 months.

Over the last year, there were 25 residential property sales – a decrease of 19 transactions (-76.00%) relative to the previous year. The majority of house sales (8) were in the £100,000 - £160,000 range. Then came properties in the £160,000 - £220,000 range, where 4 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 31 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,187 (-5%).

In June 2024, there were 7 new estate agency instructions, 3 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in Pwllheli

57.95%

Property prices in Pwllheli increased by 57.95% 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 Pwllheli Over the Last Year

7.91%

Property prices in Pwllheli increased by 7.91% 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 Pwllheli - June 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Pwllheli

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 Pwllheli

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 Pwllheli

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 Pwllheli since 1995

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

Recent Property Sales in Pwllheli

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
15 Glan Cymerau, Pwllheli, Gwynedd, LL53 5PU	£350,000	£350,000	£00	27 Oct 2023	12 Feb 2024	108 Days
13 Kingshead Street, Pwllheli, Gwynedd, LL53 5DR	£189,500	£180,000	-£9,500	11 Apr 2023	09 Feb 2024	304 Days
21 Caernarvon Road, Pwllheli, Gwynedd, LL53 5LF	£125,000	£108,000	-£17,000	18 Sep 2023	05 Jan 2024	109 Days
29 Bro Cymerau, Pwllheli, Gwynedd, LL53 5PY	£325,000	£325,000	£00	23 Nov 2022	21 Dec 2023	393 Days
5 St Tudwals Terrace, Pwllheli, Gwynedd, LL53 5DP	£135,000	£125,000	-£10,000	12 Jun 2023	30 Nov 2023	171 Days
16 Lon Ceredigion, Pwllheli, Gwynedd, LL53 5PP	£310,000	£305,000	-£5,000	04 Apr 2023	06 Oct 2023	185 Days
Gorffwysfa, Victoria Parade, Pwllheli, Gwynedd, LL53 5AL	£245,000	£185,000	-£60,000	05 May 2023	29 Sep 2023	147 Days
3 Maes Y Llyn Terrace, Pwllheli, Gwynedd, LL53 5NN	£142,100	£135,000	-£7,100	17 Feb 2023	14 Jul 2023	147 Days
61 Lleyn Street, Pwllheli, Gwynedd, LL53 5SW	£155,000	£137,500	-£17,500	26 Dec 2022	09 Jun 2023	165 Days
6 Penrhydlyniog, Pwllheli, Gwynedd, LL53 5NL	£105,000	£85,000	-£20,000	16 Feb 2023	19 May 2023	92 Days
Llwyn Onn, Ala Road, Pwllheli, Gwynedd, LL53 5BW	£275,000	£275,000	£00	13 Feb 2023	28 Apr 2023	74 Days
53 Sand Street, Pwllheli, Gwynedd, LL53 5HY	£129,500	£110,000	-£19,500	06 Feb 2019	01 Feb 2023	1456 Days
Apartment 18, West End Point, West End Parade, Pwllheli, Gwynedd, LL53 5PN	£270,000	£260,000	-£10,000	05 Apr 2022	06 Jan 2023	276 Days
14 Sand Street, Pwllheli, Gwynedd, LL53 5HY	£182,000	£170,000	-£12,000	08 Jul 2022	15 Nov 2022	130 Days
Apartment 2, West End Point, West End Parade, Pwllheli, Gwynedd, LL53 5PN	£205,000	£195,000	-£10,000	03 Feb 2022	27 Oct 2022	266 Days
5 Penmount Terrace, Pwllheli, Gwynedd, LL53 5HS	£160,000	£160,000	£00	26 Mar 2022	04 Oct 2022	192 Days
25 North Street, Pwllheli, Gwynedd, LL53 5EG	£159,995	£159,995	£00	09 Mar 2022	13 Sep 2022	188 Days
Netior, Golf Road, Pwllheli, Gwynedd, LL53 5PR	£375,000	£360,000	-£15,000	24 May 2022	13 Sep 2022	112 Days
1 Lon Ceredigion, Pwllheli, Gwynedd, LL53 5PP	£235,000	£212,500	-£22,500	14 Feb 2022	31 Aug 2022	198 Days
Meini Gwynion, Manor Avenue, Pwllheli, Gwynedd, LL53 5AG	£255,000	£250,000	-£5,000	23 Aug 2022	26 Aug 2022	3 Days

Most Expensive Streets in Pwllheli

Postcode	Street	Area	Average	No. of Sales
LL53 5BP	Awel Y Mor	Pwllheli	£339,125	4
LL53 5BW	Ala Road	Pwllheli	£338,000	4
LL53 5AN	Victoria Parade	Pwllheli	£327,416	6
LL53 5PU	Glan Cymerau	Pwllheli	£325,833	3
LL53 5BN	Ala Road	Pwllheli	£321,666	3
LL53 5BL	Ala Road	Pwllheli	£319,166	6
LL53 5RH	Erwenni	Pwllheli	£317,318	11
LL53 5PR	Golf Road	Pwllheli	£302,666	3
LL53 5AJ	Min Y Traeth	Pwllheli	£276,166	3
LL53 5PY	Bro Cymerau	Pwllheli	£266,142	7

Least Expensive Streets in Pwllheli

Postcode	Street	Area	Average	No. of Sales
LL53 5AB	Kingsley	Embankment Road	£85,625	4
LL53 5LF	Caernarvon Road	Pwllheli	£96,900	5
LL53 5NL	Penrhydlyniog	Pwllheli	£105,500	6
LL53 5RF	Clark Terrace	Pwllheli	£117,000	3
LL53 5PW	Talcymerau Mawr	Talcymerau Road	£117,666	3
LL53 5RT	High Street	Pwllheli	£120,166	3
LL53 5NW	New Row	Pwllheli	£121,000	3
LL53 5BA	Morfar Garreg	Pwllheli	£122,333	3
LL53 5HP	New Street	Pwllheli	£122,500	6
LL53 5AL	Victoria Parade	Pwllheli	£124,300	5