Key indicators for buyers
The LL38 market looks favourable for buyers. Prices have softened (-18.6%), which could present a buying opportunity. Affordability has improved from a peak of 7.2x in 2008 to 5.9x today.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Gwynedd area
A home in Gwynedd costs 5.9x the local median salary — moderate, improving from a peak of 7.2x in 2008.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Gwynedd area
Average monthly rent in Gwynedd is £681, down 0.2% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Gwynedd price of £115,000 with a 25% deposit (£29k), a 2-year fixed mortgage at 3.97% costs around £454 per month.
Monthly cost comparison based on current data
Uses LL38 avg. price with Gwynedd rental data
Monthly mortgage payments (£454) are £227 less than renting (£681). However, buying requires an upfront deposit of £29k — it would take around 5 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
78, GLAN Y MOR LL38 2LQ | Semi-detached | £90,000 | 19 Jan 2026 |
GER Y MOR, ALYN ROAD LL38 2LZ | Detached | £140,000 | 9 Jan 2026 |
36, GLAN Y MOR LL38 2BX | Semi-detached | £120,000 | 18 Dec 2025 |
59, GLAN Y MOR LL38 2LQ | Semi-detached | £100,000 | 18 Dec 2025 |
TY LARNOG, 16, FRANCIS AVENUE LL38 2EQ | Semi-detached | £155,000 | 1 Dec 2025 |
21, BELGRAVE ROAD LL38 2AZ | Semi-detached | £155,000 | 7 Nov 2025 |
AROSFA, FRIOG LL38 2SX | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in LL38 sold for £115,000 in 2026, with a median of £115,000 across 2 transactions. Prices fell 18.6% compared to the previous year.
| £205,000 |
| 31 Oct 2025 |
73, GLAN Y MOR LL38 2LQ | Semi-detached | £139,999 | 20 Oct 2025 |
AWEL Y MOR, BRYN ROAD LL38 2HX | Detached | £392,500 | 17 Sept 2025 |
HEN LONG, FRIOG TERRACE, FRIOG LL38 2SQ | Detached | £39,999 | 27 Aug 2025 |
8, FRANCIS AVENUE LL38 2EQ | Detached | £135,000 | 26 Aug 2025 |
51, GLAN Y MOR LL38 2LQ | Semi-detached | £136,000 | 18 Aug 2025 |
RHIANEDD, TALBOT ROAD LL38 2LJ | Detached | £165,000 | 15 Aug 2025 |
18, BELGRAVE ROAD LL38 2AX | Terraced | £108,500 | 15 Aug 2025 |
35, BELGRAVE ROAD LL38 2AZ | Detached | £145,000 | 11 Aug 2025 |
2, BELGRAVE ROAD LL38 2AX | Terraced | £100,000 | 30 Jul 2025 |
24, GLAN Y MOR LL38 2BX | Semi-detached | £92,638 | 18 Jul 2025 |
EL DAGO, 28, FRANCIS AVENUE LL38 2EQ | Detached | £103,000 | 1 Jul 2025 |
23, BELGRAVE ROAD LL38 2AZ | Semi-detached | £185,000 | 20 Jun 2025 |
57, BELGRAVE ROAD LL38 2BQ | Semi-detached | £215,000 | 30 Apr 2025 |
The most recent recorded sale in LL38 was a semi-detached property on Glan Y Mor for £90,000 in January 2026. Across the last 20 sales, the median price was £139,999.