Key indicators for buyers
The LL48 market looks favourable for buyers. 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 £192,450 with a 25% deposit (£48k), a 2-year fixed mortgage at 3.97% costs around £759 per month.
Monthly cost comparison based on current data
Uses LL48 avg. price with Gwynedd rental data
Monthly mortgage payments (£759) are £78 more than renting (£681). However, buying requires an upfront deposit of £48k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
ANNEDD, MINFFORDD ROAD LL48 6AU | Semi-detached | £265,000 | 12 Dec 2025 |
18, ADWY DDU ESTATE LL48 6AP | Semi-detached | £158,000 | 5 Dec 2025 |
4, RAILWAY TERRACE LL48 6DN | Terraced | £152,500 | 3 Dec 2025 |
OGOF LLECHWYN, RHYD LL48 6DX | Detached | £430,000 | 25 Nov 2025 |
4, OSMOND TERRACE LL48 6PA | Terraced | £143,500 | 18 Nov 2025 |
3, BWLCH GOLEU LL48 6DP | Terraced | £120,000 | 10 Nov 2025 |
MANAROS LL48 6NG | Detached | £325,000 |
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 LL48 sold for £192,450 in 2025, with a median of £146,750 across 30 transactions. Prices rose 2.9% compared to the previous year.
| 10 Oct 2025 |
MERIONDY, 1, MARKET PLACE LL48 6LP | Terraced | £192,500 | 9 Oct 2025 |
7, SCHOOL STREET LL48 6AE | Terraced | £130,000 | 3 Oct 2025 |
1, OSMOND TERRACE, MINFFORDD LL48 6HW | Terraced | £105,000 | 30 Sept 2025 |
3, CHURCH PLACE LL48 6AG | Terraced | £137,000 | 22 Sept 2025 |
THE EATING GORILLA, HIGH STREET LL48 6BN | Other | £200,000 | 12 Sept 2025 |
1, FRON HEULOG LL48 6DB | Terraced | £125,000 | 12 Sept 2025 |
3, PENLAN ISAF LL48 6BU | Terraced | £105,000 | 12 Sept 2025 |
1, MAES Y GARTH, MINFFORDD LL48 6EE | Terraced | £172,000 | 29 Aug 2025 |
303, MAES Y GARTH, MINFFORDD LL48 6EE | Semi-detached | £218,000 | 25 Jul 2025 |
2, GRIFFIN TERRACE LL48 6LR | Terraced | £155,000 | 9 Jul 2025 |
8, GLANLLYN LL48 6BS | Terraced | £47,000 | 2 Jul 2025 |
6, GRIFFIN TERRACE LL48 6LR | Terraced | £155,000 | 30 Jun 2025 |
1, GRIFFIN TERRACE LL48 6LR | Terraced | £143,000 | 19 Jun 2025 |
The most recent recorded sale in LL48 was a semi-detached property on Minffordd Road for £265,000 in December 2025. Across the last 20 sales, the median price was £155,000.