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Pwllheli House Prices Pwllheli House Prices

The average house price in Pwllheli is £259,833 using HM Land Registry data.

The average property price increased by £96,572 (63.83%) over the last 5 years and increased by £19,301 (8.44%) over the last 12 months.

Over the last year, there were 25 residential property sales – a decrease of 21 transactions (-84.00%) relative to the previous year. The majority of house sales (10) were in the £90,000 - £148,000 range. Then came properties in the £206,000 - £264,000 range, where 4 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 240 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,187 (-5%).

In April 2024, there were 6 new estate agency instructions, 3 agreed home sales and 5 property price reductions.

Postcodes Covered: LL53

5-Year Average Property Prices in Pwllheli

63.83%

Property prices in Pwllheli increased by 63.83% 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

8.44%

Property prices in Pwllheli increased by 8.44% 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 Pwllheli - 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 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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Glan Cymerau, Pwllheli, Gwynedd, LL53 5PU£350,000£350,000£0027 Oct 202312 Feb 2024108 Days
13 Kingshead Street, Pwllheli, Gwynedd, LL53 5DR£189,500£180,000-£9,50011 Apr 202309 Feb 2024304 Days
5 St Tudwals Terrace, Pwllheli, Gwynedd, LL53 5DP£135,000£125,000-£10,00012 Jun 202330 Nov 2023171 Days
16 Lon Ceredigion, Pwllheli, Gwynedd, LL53 5PP£310,000£305,000-£5,00004 Apr 202306 Oct 2023185 Days
Gorffwysfa, Victoria Parade, Pwllheli, Gwynedd, LL53 5AL£245,000£185,000-£60,00005 May 202329 Sep 2023147 Days
3 Maes Y Llyn Terrace, Pwllheli, Gwynedd, LL53 5NN£142,100£135,000-£7,10017 Feb 202314 Jul 2023147 Days
61 Lleyn Street, Pwllheli, Gwynedd, LL53 5SW£155,000£137,500-£17,50026 Dec 202209 Jun 2023165 Days
Llwyn Onn, Ala Road, Pwllheli, Gwynedd, LL53 5BW£275,000£275,000£0013 Feb 202328 Apr 202374 Days
53 Sand Street, Pwllheli, Gwynedd, LL53 5HY£129,500£110,000-£19,50006 Feb 201901 Feb 20231456 Days
Apartment 18, West End Point, West End Parade, Pwllheli, Gwynedd, LL53 5PN£270,000£260,000-£10,00005 Apr 202206 Jan 2023276 Days
14 Sand Street, Pwllheli, Gwynedd, LL53 5HY£182,000£170,000-£12,00008 Jul 202215 Nov 2022130 Days
Apartment 2, West End Point, West End Parade, Pwllheli, Gwynedd, LL53 5PN£205,000£195,000-£10,00003 Feb 202227 Oct 2022266 Days
5 Penmount Terrace, Pwllheli, Gwynedd, LL53 5HS£160,000£160,000£0026 Mar 202204 Oct 2022192 Days
25 North Street, Pwllheli, Gwynedd, LL53 5EG£159,995£159,995£0009 Mar 202213 Sep 2022188 Days
Netior, Golf Road, Pwllheli, Gwynedd, LL53 5PR£375,000£360,000-£15,00024 May 202213 Sep 2022112 Days
1 Lon Ceredigion, Pwllheli, Gwynedd, LL53 5PP£235,000£212,500-£22,50014 Feb 202231 Aug 2022198 Days
Meini Gwynion, Manor Avenue, Pwllheli, Gwynedd, LL53 5AG£255,000£250,000-£5,00023 Aug 202226 Aug 20223 Days
30 Abererch Road, Pwllheli, Gwynedd, LL53 5LP£170,000£170,000£0005 May 202226 Aug 2022113 Days
110 Morfar Garreg, Pwllheli, Gwynedd, LL53 5BB£145,000£115,000-£30,00014 Mar 202227 Jul 2022135 Days
Bron Haul, Manor Avenue, Pwllheli, Gwynedd, LL53 5AF£330,000£330,000£0007 Mar 202230 Jun 2022115 Days

Most Expensive Streets in Pwllheli

PostcodeStreetAreaAverageNo. of Sales
LL53 5BPAwel Y MorPwllheli£339,1254
LL53 5BWAla RoadPwllheli£338,0004
LL53 5ANVictoria ParadePwllheli£327,4166
LL53 5PUGlan CymerauPwllheli£325,8333
LL53 5BNAla RoadPwllheli£321,6663
LL53 5RHErwenniPwllheli£317,31811
LL53 5BLAla RoadPwllheli£304,0005
LL53 5PRGolf RoadPwllheli£302,6663
LL53 5PYBro CymerauPwllheli£282,8758
LL53 5AJMin Y TraethPwllheli£276,1663

Least Expensive Streets in Pwllheli

PostcodeStreetAreaAverageNo. of Sales
LL53 5LFCaernarvon RoadPwllheli£94,1254
LL53 5ABKingsleyEmbankment Road£94,8333
LL53 5NLPenrhydlyniogPwllheli£109,6005
LL53 5RFClark TerracePwllheli£117,0003
LL53 5HPNew StreetPwllheli£117,2857
LL53 5PWTalcymerau MawrTalcymerau Road£117,6663
LL53 5NWNew RowPwllheli£121,0003
LL53 5BAMorfar GarregPwllheli£122,3333
LL53 5HSPenmount TerracePwllheli£123,1663
LL53 5ALVictoria ParadePwllheli£124,3005

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