Property trends for LL70

    LL70 covers rural areas in Gwynedd, North Wales, situated in the Snowdonia region. It is a quiet, countryside location with strong appeal to those seeking a slower pace of life and natural landscapes.

    At a Glance

    Average Property Price - LL70

    £270,000

    34

    National percentile

    Average Monthly Rent - LL

    £721

    12

    National percentile

    Average Net Household Income - LL70

    £37,090

    44

    National percentile

    Flat / Maisonette Yield - LL

    5.3%

    30

    National percentile

    10-Year Annualised Price Growth - LL70

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - LL

    3.3%

    17

    National percentile

    Property Price & Volume Trends

    The average property price in LL70 is £270,000, placing it below the national average. Ten-year annualised growth has been 3.2%, slightly below the national trend. Transaction activity was notably low in the latest year at just 2 sales, compared to a 10-year average of 3 per year, reflecting the thinly traded nature of this rural market.

    Rent & Yield Trends

    Average monthly rent across the broader LL postcode area is £721, well below the national average. Over ten years, rents have grown at 3.3% annually, also below the national pace. The flat yield of 5.3% is currently above its 10-year average of 4.5%, indicating improving returns for landlords in recent times.

    Income & Affordability Trends

    Average household income of £37,090 is slightly below the national median. The price-to-income ratio of 13.1x represents a significant deterioration from 9.3x in 2016, suggesting purchase affordability has weakened markedly over the period. Rental affordability, by contrast, has improved: the rent-to-income ratio has fallen from 24.2% to 22%, easing the burden on tenants.

    Resident Demographic Profile

    The population is notably older than average, with nearly a third aged 65 and over compared to the national fifth, and those aged 50–64 also substantially overrepresented. Working-age groups are thinner: those aged 16–24 are particularly sparse at 6.3% versus the national 11%. Housing is dominated by outright ownership at 56.9%, far above the national 33.7%, with correspondingly low levels of mortgaged and rented properties. The employment profile is distinctive for its high proportion of trades workers at 16.7% and caring roles at 10.2%, offset by below-average numbers in elementary and sales occupations.

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