Property trends for LL26

    LL26 covers areas in Conwy County Borough in North Wales, positioned in the northern part of the region. It is a characterised by an older population demographic with a strong tradition of skilled trades and self-sufficiency.

    At a Glance

    Average Property Price - LL26

    £228,544

    21

    National percentile

    Average Monthly Rent - LL

    £721

    12

    National percentile

    Average Net Household Income - LL26

    £35,255

    33

    National percentile

    Flat / Maisonette Yield - LL

    5.3%

    30

    National percentile

    10-Year Annualised Price Growth - LL26

    5.0%

    89

    National percentile

    10-Year Annualised Rent Growth - LL

    3.3%

    17

    National percentile

    Property Price & Volume Trends

    The average property price in LL26 is £229,000, placing it in the lower fifth of the national market. Over the past decade, the area has experienced annualised price growth of 5.0%, which ranks among the fastest-growing districts nationally. Transaction activity has moderated recently, with 37 sales in the latest full year compared to a 10-year average of 48, reflecting a tightening market.

    Rent & Yield Trends

    Average monthly rents in the broader LL postcode area stand at £721, well below the national average and reflecting the rural character of North Wales. Rental growth over the past decade has been modest at 3.3% annually, significantly slower than the national pace. The flat yield currently stands at 5.3%, up from a 10-year average of 4.5%, indicating improving returns for landlords despite modest rental growth.

    Income & Affordability Trends

    Average household income in LL26 is £35,255, below the national average. The price-to-income ratio of 7.0x has worsened slightly since 2016 (when it was 6.5x), reflecting modest pressure on purchase affordability. Rental affordability has improved meaningfully: the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today, suggesting better value for tenants.

    Resident Demographic Profile

    LL26 has a notably older population, with over 49% aged 50 and above, compared to under 40% nationally. The under-25 age groups are underrepresented, particularly 16–24-year-olds at 8% versus 11% nationally. Home ownership is strong, with 44.9% owning outright—well above the national 33.7%—while the trades sector is particularly prominent at 20% of employment, nearly double the national average, and professional roles are correspondingly less represented at 16%.

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