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Tywyn House Prices Tywyn House Prices

The average house price in Tywyn is £174,300 using HM Land Registry data.

The average property price increased by £77,971 (51.17%) over the last 5 years and increased by £15,583 (7.26%) over the last 12 months.

Over the last year, there were 42 residential property sales – a decrease of 29 transactions (-69.05%) relative to the previous year. The majority of house sales (15) were in the £140,000 - £190,000 range. Then came properties in the £190,000 - £240,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,833 (-4%).

In April 2024, there were 9 new estate agency instructions, 11 agreed home sales and 3 property price reductions.

Postcodes Covered: LL36

5-Year Average Property Prices in Tywyn

51.17%

Property prices in Tywyn increased by 51.17% 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 Tywyn Over the Last Year

7.26%

Property prices in Tywyn increased by 7.26% 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 Tywyn - 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 Tywyn

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 Tywyn

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 Tywyn

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 Tywyn since 1995

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

Recent Property Sales in Tywyn

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Cader Walk, Tywyn, Gwynedd, LL36 0DB£220,000£200,000-£20,00025 Sep 202308 Mar 2024165 Days
90d, Plas Edwards, Tywyn, Gwynedd, LL36 0DA£210,000£190,000-£20,00014 Sep 202309 Feb 2024148 Days
8 Pendre Walk, Tywyn, Gwynedd, LL36 0AY£179,950£166,500-£13,45024 Aug 202315 Dec 2023113 Days
2 Faenol Avenue, Tywyn, Gwynedd, LL36 9DU£165,000£149,400-£15,60012 Aug 202306 Dec 2023116 Days
61 Plas Edwards, Tywyn, Gwynedd, LL36 0AS£285,000£285,000£0020 Jun 202330 Nov 2023163 Days
Liverpool House, Red Lion Street, Tywyn, Gwynedd, LL36 9DN£179,950£172,000-£7,95008 Feb 202315 Nov 2023280 Days
35 Ar Y Don, Tywyn, Gwynedd, LL36 0DS£330,000£305,000-£25,00030 Jan 202302 Nov 2023276 Days
59 Sandilands Road, Tywyn, Gwynedd, LL36 9AT£249,995£236,500-£13,49530 Jan 202320 Oct 2023263 Days
56 Plas Edwards, Tywyn, Gwynedd, LL36 0AS£165,000£160,000-£5,00012 Jun 202311 Oct 2023121 Days
17 Maengwyn Street, Tywyn, Gwynedd, LL36 9DW£159,950£153,500-£6,45027 Jun 202302 Oct 202397 Days
27 Warwick Place, Tywyn, Gwynedd, LL36 0DH£225,000£215,000-£10,00005 May 202328 Sep 2023146 Days
17 Faenol Avenue, Tywyn, Gwynedd, LL36 9DU£185,000£175,000-£10,00029 Mar 202325 Sep 2023180 Days
17 Plas Edwards, Tywyn, Gwynedd, LL36 0AS£280,000£265,000-£15,00012 May 202313 Sep 2023124 Days
9 Awel Dyfi, Tywyn, Gwynedd, LL36 0DU£250,000£245,000-£5,00013 Jul 202201 Sep 2023415 Days
72 Faenol Isaf, Tywyn, Gwynedd, LL36 0DW£600,000£550,000-£50,00030 Jan 202323 Aug 2023205 Days
Four Winds, Maes Yr Heli, Tywyn, Gwynedd, LL36 0AW£220,000£180,000-£40,00004 Apr 202321 Aug 2023139 Days
7 Ar Y Don, Tywyn, Gwynedd, LL36 0DS£265,000£265,000£0030 Jan 202313 Jun 2023134 Days
8 Morfa Crescent, Tywyn, Gwynedd, LL36 9AU£365,000£325,000-£40,00030 Jan 202312 Jun 2023133 Days
1 Pier Road, Tywyn, Gwynedd, LL36 0AT£175,000£170,000-£5,00030 Jan 202307 Jun 2023128 Days
7 Cleveland Avenue, Tywyn, Gwynedd, LL36 9EG£200,000£180,000-£20,00011 May 202216 Jan 2023250 Days

Most Expensive Streets in Tywyn

PostcodeStreetAreaAverageNo. of Sales
LL36 0DWFaenol IsafTywyn£319,38413
LL36 0DSAr Y DonTywyn£279,50011
LL36 0AQMarine ParadeTywyn£278,9905
LL36 0AHCorbett AvenueTywyn£255,1669
LL36 9AUMorfa CrescentTywyn£250,0003
LL36 9DEGerllanTywyn£233,8758
LL36 9EHFfordd DyfrigTywyn£227,5995
LL36 0DHWarwick PlaceTywyn£225,83312
LL36 0DAPlas EdwardsTywyn£223,60010
LL36 0ASPlas EdwardsTywyn£219,62025

Least Expensive Streets in Tywyn

PostcodeStreetAreaAverageNo. of Sales
LL36 0TBSherwood HouseTywyn£68,1254
LL36 0ADBryn Y MorSandilands Road£80,7494
LL36 0BHTy MeirionTywyn£98,0003
LL36 0DEMarine ParadeTywyn£101,0009
LL36 0DGMarine ParadeTywyn£110,7005
LL36 9DWMaengwyn StreetTywyn£118,2147
LL36 9BLPen MorfaTywyn£125,1663
LL36 9EWFrankwell StreetTywyn£125,2005
LL36 9EDBryn HeulogTywyn£126,3333
LL36 9DYBryn HeulogTywyn£128,8005

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