Housing Market Analysis for MEIRION TERRACE, LL40 2RS

Are you looking to understand LL40 2RS house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Gwynedd postcode.

For the location information and nearby amenities in the LL40 2RS area, explore the LL40 2RS Area information page.
For comprehensive crime statistics in the LL40 2RS area, explore the LL40 2RS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LL40 2RS postcode area, The average prices are as follows,

  • Detached
    • The average price is around £256,786 median price is £250,000 Standard Deviation is £65,174 with Total Sold: 7
    • The Last 5 Year average price is £312,500 with Total Sold: 2
    • The most recent sale happened at this postcode is TYN Y BUARTH: £400,000 (Sold on 31 May 2023)
    • The first recorded sale happened at this postcode is AWELFA: £185,000 (Sold on 12 May 2004)
  • Terraced
    • The average price is around £61,375 median price is £44,750 Standard Deviation is £32,375 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 MEIRION TERRACE: £117,000 (Sold on 22 Jul 2007)
    • The first recorded sale happened at this postcode is 1 MEIRION TERRACE: £39,000 (Sold on 15 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LL40 2RS house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£400,000 £2,312 1
2020£225,000 £2,027 1
2018£250,000 £1,445 1
2010£207,500 £1,858 1
2006£265,000 £1,459 2
2004£185,000 £1,657 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£117,0001
2001£49,5001
1996£40,0001
1995£39,0001

All the Sales in the MEIRION TERRACE, LL40 2RS

See the table below for more details on the sold house prices in the LL40 2RS, Gwynedd postcode.

AddressSold DatePrice% Change
TYN Y BUARTHDetached, FreeholdArea: 173 Sq.mtrAge: 1983-199031 May 2023£400,00060.00%
22 Mar 2018£250,0000.0
09 Mar 2006£250,000First Sale
PENYGROESDetached, FreeholdArea: 111 Sq.mtrAge: before 190019 Jun 2020£225,000First Sale
AWELFADetached, FreeholdArea: 111.652 Sq.mtrAge: before 190015 Sep 2010£207,50012.16%
12 May 2004£185,000First Sale
1 MEIRION TERRACETerraced, Freehold22 Jul 2007£117,000136.36%
02 Nov 2001£49,50023.75%
29 Jul 1996£40,0002.56%
15 Sep 1995£39,000First Sale
TY RHUFEINIGDetached, FreeholdArea: 190 Sq.mtrAge: 2003-200613 Apr 2006£280,000First Sale

Check out the sold house prices near the LL40 2RS postcode. Properties currently for saleProperties currently for rent

MEIRION TERRACE, LL40 2RS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LL40 2RS postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LL40 2RS postcode.

  • Detached
    • The average price is around £149,781 median price is £135,500 Standard Deviation is £90,629 with Total Sold: 78
    • The Last 5 Year average price is £188,500 with Total Sold: 14
    • The most recent sale happened at this postcode is , 30 BRYNIAU: £171,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is , 32 BRYNIAU: £46,087 (Sold on 10 Mar 1995)
  • Other
    • The average price is around £444,500 median price is £405,000 Standard Deviation is £204,661 with Total Sold: 5
    • The Last 5 Year average price is £454,375 with Total Sold: 4
    • The most recent sale happened at this postcode is , 24 BRYNIAU: £177,500 (Sold on 02 Jun 2023)
    • The first recorded sale happened at this postcode is , BRYN AWEL : £405,000 (Sold on 11 Aug 2017)
  • Terraced
    • The average price is around £77,750 median price is £67,750 Standard Deviation is £37,883 with Total Sold: 6
    • The most recent sale happened at this postcode is , 9 HENGAER: £135,000 (Sold on 27 Jul 2007)
    • The first recorded sale happened at this postcode is , 1 MEIRION TERRACE: £39,000 (Sold on 15 Sep 1995)
  • Semi-Detached
    • The average price is around £53,250 median price is £53,250 Standard Deviation is £18,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , 6 HENGAER: £71,500 (Sold on 09 Jan 2004)
    • The first recorded sale happened at this postcode is , 12 HENGAER: £35,000 (Sold on 08 Nov 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£257,000 £2,387 3
2022£175,000 £1,989 1
2021£158,833 £1,786 6
2020£182,500 £1,809 2
2019£187,500 £1,555 2
2018£324,667 £1,973 3
2017£135,367 £1,598 3
2016£291,000 £1,359 2
2015£138,600 £1,711 1
2014£133,333 £1,314 3
2013£125,000 £1,437 1
2012£192,000 £1,445 2
2011£227,000 £4,746 1
2010£153,083 £1,557 6
2009£136,500 £1,559 2
2008£120,000 £1,689 2
2006£222,000 £1,510 6
2005£192,500 £1,080 2
2004£137,571 £1,692 7
2003£75,688 £765 8
2002£85,250 £811 4
2001£60,033 £655 3
2000£48,000 £608 1
1999£53,000 £642 2
1998£115,000 £772 1
1996£105,000 £542 2
1995£45,044 £583 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£177,500 £2,093 1
2022£625,000 £4,281 2
2020£390,000 £2,955 1
2017£405,000 £1,966 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£126,0002
2004£86,0001
2001£49,5001
1996£40,0001
1995£39,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£71,5001
1996£35,0001

House Type in LL40 2RS area

The most common house types in the LL40 2RS postcode area are Detached (83), Semi-detached (21), and Terraced (7).

Total112
Detached83
Semi-detached21
Terraced7
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (81), and Owned: Owns with a mortgage or loan (13).

Owned: Owns outright81
Owned: Owns with a mortgage or loan13
Private rented: Other private rented7
Social rented: Rents from council or Local Authority4
Private rented: Private landlord or letting agency4
Social rented: Other social rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LL40 2RS have 2 people in household (47), and 1 person in household (40).

2 people in household47
1 person in household40
3 people in household12
4 people in household11
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0