Property trends for LL75

    LL75 covers areas in Gwynedd, North Wales, situated in a rural coastal setting. The district attracts those seeking a quieter, more remote lifestyle with strong community ties.

    At a Glance

    Average Property Price - LL75

    £235,750

    23

    National percentile

    Average Monthly Rent - LL

    £721

    12

    National percentile

    Average Net Household Income - LL75

    £36,032

    37

    National percentile

    Flat / Maisonette Yield - LL

    5.3%

    30

    National percentile

    10-Year Annualised Price Growth - LL75

    2.2%

    11

    National percentile

    10-Year Annualised Rent Growth - LL

    3.3%

    17

    National percentile

    Property Price & Volume Trends

    The latest average property price in LL75 is £236,000, placing it below the national average and among the cheaper parts of the UK market. Over the past decade, prices have grown at an annualised rate of 2.2%, which is significantly slower than the national trend. Transaction activity has slowed noticeably: just 12 sales were recorded in the latest full year, compared to an average of 20 annually over the past ten years.

    Rent & Yield Trends

    Average monthly rent in the broader LL postcode area stands at £721, well below the national average and reflective of the rural character of the region. Rental growth over the past decade has averaged 3.3% annually, below the national rate. The flat yield has improved to 5.3% in the latest year, up from a ten-year average of 4.5%, suggesting rental income is increasingly attractive relative to property values.

    Income & Affordability Trends

    Average net household income is £36,032, slightly below the national median. The price-to-income ratio of 6.4x is reasonable and has improved significantly since 2016, when it stood at 7.0x, indicating better purchase affordability for local buyers. Rental affordability has also strengthened markedly: the rent-to-income ratio has fallen from 24.2% in 2016 to 22% today, easing the burden on renters.

    Resident Demographic Profile

    LL75 has a distinctly older population: one-third of residents are aged 65 and over, compared to just under one-fifth nationally, while those aged 16–24 make up only 7.1% against an 11.0% national average. The housing tenure profile is heavily weighted towards outright ownership, at 53% versus 33.7% nationally, reflecting an aging, settled demographic. The employment mix shows a notably high proportion in trades (15% against 10.5% nationally) and caring roles (10.6% against 9.2%), whilst elementary occupations are underrepresented at 7.7% compared to 10.2% nationally.

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