Property trends for LL33

    LL33 covers areas in Gwynedd in north Wales, positioned in the county's southern reaches. It is a predominantly rural and semi-rural district with a character shaped by its coastal and countryside setting.

    At a Glance

    Average Property Price - LL33

    £204,571

    14

    National percentile

    Average Monthly Rent - LL

    £721

    12

    National percentile

    Average Net Household Income - LL33

    £34,707

    30

    National percentile

    Flat / Maisonette Yield - LL

    5.3%

    30

    National percentile

    10-Year Annualised Price Growth - LL33

    2.2%

    12

    National percentile

    10-Year Annualised Rent Growth - LL

    3.3%

    17

    National percentile

    Property Price & Volume Trends

    The latest average property price in LL33 is £205,000, placing it among the least expensive nationally. Over the past decade, prices have grown at an annualised rate of 2.2%, which is among the slowest growth rates across the UK. Transaction activity has eased recently: 42 sales were recorded in the latest full year, down from a 10-year average of 57 transactions annually.

    Rent & Yield Trends

    Average monthly rent in the broader LL postcode area stands at £721, well below the national average. Rental growth over the past decade has been modest at 3.3% annually, below the national pace. The flat yield has strengthened to 5.3% in the latest full year, up from a 10-year average of 4.5%, reflecting improved returns for landlords.

    Income & Affordability Trends

    Average net household income is £34,707, below the national average. The price-to-income ratio of 7.6x has risen since 2016 (when it was 6.1x), indicating that homes have become less affordable relative to local incomes. Rental affordability has improved: the rent-to-income ratio has fallen to 22% from 24.2% in 2016, easing the burden on renters.

    Resident Demographic Profile

    The population skews notably older, with those aged 50–64 representing 23.4% (well above the 19.8% national average) and those aged 65+ at 23.3% (compared to 19.6% nationally). Outright home ownership is elevated at 41.3% against the national 33.7%, reflecting the older demographic profile. The caring professions account for 13.9% of employment, markedly higher than the 9.2% national average, while the 16–24 age group is notably underrepresented at 7.9% versus 11.0% nationally.

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