Property trends for LL43

    LL43 covers areas in Gwynedd, North Wales, positioned in the north-western part of the region. It is a rural and semi-rural district with a character typical of Welsh countryside communities.

    At a Glance

    Average Property Price - LL43

    £232,750

    22

    National percentile

    Average Monthly Rent - LL

    £721

    12

    National percentile

    Average Net Household Income - LL43

    £32,946

    19

    National percentile

    Flat / Maisonette Yield - LL

    5.3%

    30

    National percentile

    10-Year Annualised Price Growth - LL43

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - LL

    3.3%

    17

    National percentile

    Property Price & Volume Trends

    The average property price in LL43 is £233,000, well below the national average and among the cheapest quarters nationally. Over the past decade, prices have grown at 4.0% annually—close to the national trend. Transaction activity has slowed recently, with 8 sales in the latest full year compared to a 10-year average of 10 per year.

    Rent & Yield Trends

    Average monthly rent across the broader LL postcode area is £721, significantly below the national average and among the lowest nationally. Rents have grown at 3.3% annually over ten years, below the national rate. The flat yield currently stands at 5.3%, notably above its 10-year average of 4.5%, reflecting favourable returns for investors.

    Income & Affordability Trends

    Average net household income is £32,946, well below the national average. The price-to-income ratio of 9.3x has deteriorated since 2016 (when it was 7.0x), indicating that properties have become less affordable relative to local earnings. Rental affordability has improved, with the rent-to-income ratio falling from 24.2% in 2016 to 22% today.

    Resident Demographic Profile

    LL43 has a distinctly older population profile: over one-third (32.8%) are aged 65 and over, nearly double the national average, whilst those aged 16–24 are notably under-represented at 7.2%. Housing tenure is heavily skewed toward outright ownership at 54.9%, more than one-and-a-half times the national figure. The employment mix is marked by a high proportion in trades (18.6%) and caring roles (13.5%), well above national averages, whilst professionals are under-represented.

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