Property trends for LL27

    LL27 covers areas in Gwynedd, North Wales, situated in a rural part of the region. It is a quiet, character-driven locality with strong community appeal and natural surroundings.

    At a Glance

    Average Property Price - LL27

    £234,145

    22

    National percentile

    Average Monthly Rent - LL

    £721

    12

    National percentile

    Average Net Household Income - LL27

    £35,247

    33

    National percentile

    Flat / Maisonette Yield - LL

    5.3%

    30

    National percentile

    10-Year Annualised Price Growth - LL27

    3.0%

    30

    National percentile

    10-Year Annualised Rent Growth - LL

    3.3%

    17

    National percentile

    Property Price & Volume Trends

    The latest average property price in LL27 is £234,000, placing it well below the national average. Over the past decade, prices have grown at 3.0% annually—below the pace seen across England and Wales nationally. Transaction activity has slowed markedly, with 10 sales recorded in the latest full year compared to a 10-year average of 14, suggesting a tighter market.

    Rent & Yield Trends

    Average monthly rent stands at £721, considerably below the national level—among the least expensive areas for renters. Rental growth over the past decade has averaged 3.3% annually, also below the national trend. Flat yield has improved, now standing at 5.3% compared to its 10-year average of 4.5%, reflecting a more favourable investment backdrop for landlords in recent periods.

    Income & Affordability Trends

    Average household income is £35,247, below the national average. Purchase affordability has deteriorated: the price-to-income ratio now stands at 8.1x, up from 7.1x in 2016, indicating homes have become harder to access relative to local earnings. Rental affordability has improved slightly, with the rent-to-income ratio falling from 24.2% to 22%.

    Resident Demographic Profile

    The population is notably older than average, with 24.7% aged 65 and over and 24.5% aged 50–64—significantly higher than the national norms. Conversely, younger adults aged 16–24 and 25–34 are underrepresented. Housing tenure shows a strong skew towards outright ownership at 44.9%, well above the national average, reflecting the age profile. The employment mix is heavily weighted towards skilled trades at 20%, and caring professions at 11.9%, both well above national levels, while professional occupations are notably below average at 15.9%.

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