Key indicators for buyers
The LL40 market looks favourable for buyers. Prices have softened (-20.0%), 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
2025averages · 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 £210,887 with a 25% deposit (£53k), a 2-year fixed mortgage at 3.97% costs around £832 per month.
Monthly cost comparison based on current data
Uses LL40 avg. price with Gwynedd rental data
Monthly mortgage payments (£832) are £151 more than renting (£681). However, buying requires an upfront deposit of £53k — it would take around 13 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
1, SPRINGFIELD STREET LL40 1LY | Terraced | £199,999 | 5 Dec 2025 |
2, WNION SQUARE LL40 1BE | Terraced | £59,000 | 3 Dec 2025 |
BRYNWNION, CADER ROAD LL40 1RY | Terraced | £134,000 | 2 Dec 2025 |
57, MAESBRITH LL40 1LF | Detached | £272,500 | 11 Nov 2025 |
PENRHOS, PEN Y COED LL40 2YP | Detached | £340,000 | 11 Nov 2025 |
TY'R SIOP, LLANFACHRETH LL40 2EA | Terraced | £120,000 | 31 Oct 2025 |
3, MEYRICK SQUARE LL40 1LT | Terraced | £215,000 |
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 LL40 sold for £210,887 in 2025, with a median of £199,950 across 67 transactions. Prices fell 20.0% compared to the previous year.
| 21 Oct 2025 |
MALVERN HOUSE, SPRINGFIELD STREET LL40 1LY | Terraced | £227,500 | 20 Oct 2025 |
CLIFTON HOUSE HOTEL, SMITHFIELD SQUARE LL40 1ES | Other | £250,000 | 17 Oct 2025 |
8, BRO CYMER, LLANELLTYD LL40 2SY | Terraced | £115,000 | 9 Oct 2025 |
BRON LLYWARCH, RHYDYMAIN LL40 2BU | Other | £315,000 | 1 Oct 2025 |
16, BRYNIAU, BRITHDIR LL40 2TY | Detached | £205,000 | 19 Sept 2025 |
BODNANT COTTAGE, SMITHFIELD STREET LL40 1AA | Semi-detached | £99,000 | 18 Sept 2025 |
FRON ISA, UPPERFIELD STREET LL40 1NA | Terraced | £90,000 | 15 Sept 2025 |
40, UWCH Y MAES LL40 1GA | Detached | £250,000 | 22 Aug 2025 |
APARTMENT 2, 12, COED Y BRYN LL40 2AX | Flat/Maisonette | £199,950 | 22 Aug 2025 |
7, MAES TALARAN LL40 1HR | Terraced | £163,000 | 22 Aug 2025 |
BRONLLWYN, HOSPITAL DRIVE LL40 1PH | Semi-detached | £135,000 | 20 Aug 2025 |
GWYNFRYN COTTAGE, MEYRICK SQUARE LL40 1LT | Terraced | £171,000 | 8 Aug 2025 |
1, WESLEY TERRACE LL40 1NE | Terraced | £105,000 | 6 Aug 2025 |
The most recent recorded sale in LL40 was a terraced property on Springfield Street for £199,999 in December 2025. Across the last 20 sales, the median price was £199,950.