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LL23 local market report Bala

Every figure on this page comes from the public record: 1,634 sales registered with HM Land Registry in LL23 (Bala) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to December 2025. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

LL23 is the postcode district covering Bala, Llandderfel, Llanfor in Bala. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where LL23 sits

Click the map to open LL23 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

LL21LL40LL24LL41LL25LL15SY10LL42LL39LL43LL48LL45LL47LL20LL38LL44LL46SY22LL49LL23
£158,000median sold price, 2025
+37%five-year change (cash)
62sales in the last 12 months
5.4%gross rental yield (est.)

What a home in LL23 sells for

The 2025 median in LL23 is £158,000, from 51 registered sales; the mean, £223,700, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so LL23 trades 42% below the country as a whole.

The price of a typical LL23 home, 1995 to 2025

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202025 1995: £50,000 at the time · £106,154 in today's money · 27 sales1996: £43,000 at the time · £88,567 in today's money · 46 sales1997: £43,500 at the time · £87,126 in today's money · 41 sales1998: £46,500 at the time · £91,671 in today's money · 52 sales1999: £52,800 at the time · £102,770 in today's money · 67 sales2000: £58,800 at the time · £112,700 in today's money · 64 sales2001: £62,800 at the time · £117,910 in today's money · 50 sales2002: £72,000 at the time · £132,304 in today's money · 63 sales2003: £84,000 at the time · £151,134 in today's money · 66 sales2004: £115,000 at the time · £203,985 in today's money · 49 sales2005: £135,100 at the time · £234,809 in today's money · 42 sales2006: £165,000 at the time · £279,730 in today's money · 60 sales2007: £150,000 at the time · £248,499 in today's money · 59 sales2008: £108,000 at the time · £172,900 in today's money · 37 sales2009: £126,000 at the time · £197,816 in today's money · 36 sales2010: £168,000 at the time · £257,314 in today's money · 33 sales2011: £127,500 at the time · £187,981 in today's money · 41 sales2012: £100,000 at the time · £143,750 in today's money · 33 sales2013: £152,000 at the time · £213,605 in today's money · 37 sales2014: £151,000 at the time · £209,217 in today's money · 46 sales2015: £147,000 at the time · £202,860 in today's money · 54 sales2016: £125,000 at the time · £170,792 in today's money · 77 sales2017: £155,000 at the time · £206,467 in today's money · 62 sales2018: £140,000 at the time · £182,264 in today's money · 63 sales2019: £145,000 at the time · £185,622 in today's money · 79 sales2020: £115,000 at the time · £145,730 in today's money · 48 sales2021: £180,000 at the time · £222,581 in today's money · 80 sales2022: £172,000 at the time · £196,979 in today's money · 66 sales2023: £160,000 at the time · £171,695 in today's money · 44 sales2024: £240,000 at the time · £249,210 in today's money · 59 sales2025: £158,000 at the time · £158,000 in today's money · 51 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2025£158,000£158,00051
2024£240,000£249,21059
2023£160,000£171,69544
2022£172,000£196,97966
2021£180,000£222,58180
2020£115,000£145,73048
2019£145,000£185,62279
2018£140,000£182,26463
2017£155,000£206,46762
2016£125,000£170,79277
2015£147,000£202,86054
2014£151,000£209,21746
2013£152,000£213,60537
2012£100,000£143,75033
2011£127,500£187,98141
2010£168,000£257,31433
2009£126,000£197,81636
2008£108,000£172,90037
2007£150,000£248,49959
2006£165,000£279,73060
2005£135,100£234,80942
2004£115,000£203,98549
2003£84,000£151,13466
2002£72,000£132,30463
2001£62,800£117,91050
2000£58,800£112,70064
1999£52,800£102,77067
1998£46,500£91,67152
1997£43,500£87,12641
1996£43,000£88,56746
1995£50,000£106,15427

In cash terms the typical LL23 home went from £50,000 in 1995 to £158,000 in 2025, roughly 3.2 times the price. Even after inflation that is a real rise of about 49%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2006; the current median sits about 44% below that. Someone who bought at the 2006 peak has not yet seen that price back in real terms.

Year-on-year change in the LL23 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+100% -100% 0% 1996 · −14.0% on the year before1997 · +1.2% on the year before1998 · +6.9% on the year before1999 · +13.5% on the year before2000 · +11.4% on the year before2001 · +6.8% on the year before2002 · +14.6% on the year before2003 · +16.7% on the year before2004 · +36.9% on the year before2005 · +17.5% on the year before2006 · +22.1% on the year before2007 · −9.1% on the year before2008 · −28.0% on the year before2009 · +16.7% on the year before2010 · +33.3% on the year before2011 · −24.1% on the year before2012 · −21.6% on the year before2013 · +52.0% on the year before2014 · −0.7% on the year before2015 · −2.6% on the year before2016 · −15.0% on the year before2017 · +24.0% on the year before2018 · −9.7% on the year before2019 · +3.6% on the year before2020 · −20.7% on the year before2021 · +56.5% on the year before2022 · −4.4% on the year before2023 · −7.0% on the year before2024 · +50.0% on the year before2025 · −34.2% on the year before200020052010201520202025

The strongest year on record here is 2021 (+56.5% on the year before); the weakest, 2025 (−34.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2024)−34.2%−36.6%
5 years (since 2020)+6.6%+1.6%
10 years (since 2015)+0.7%−2.5%
20 years (since 2005)+0.8%−2.0%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

50100 1995: 27 sales1996: 46 sales1997: 41 sales1998: 52 sales1999: 67 sales2000: 64 sales2001: 50 sales2002: 63 sales2003: 66 sales2004: 49 sales2005: 42 sales2006: 60 sales2007: 59 sales2008: 37 sales2009: 36 sales2010: 33 sales2011: 41 sales2012: 33 sales2013: 37 sales2014: 46 sales2015: 54 sales2016: 77 sales2017: 62 sales2018: 63 sales2019: 79 sales2020: 48 sales2021: 80 sales2022: 66 sales2023: 44 sales2024: 59 sales2025: 51 sales1995200020052010201520202025

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

1020 December 2019 · 7 sales registeredFebruary 2020 · 4 sales registeredMarch 2020 · 3 sales registeredApril 2020 · 3 sales registeredAugust 2020 · 3 sales registeredSeptember 2020 · 10 sales registeredNovember 2020 · 3 sales registeredDecember 2020 · 14 sales registeredFebruary 2021 · 9 sales registeredMarch 2021 · 9 sales registeredApril 2021 · 4 sales registeredMay 2021 · 7 sales registeredJune 2021 · 8 sales registeredJuly 2021 · 8 sales registeredAugust 2021 · 6 sales registeredSeptember 2021 · 9 sales registeredOctober 2021 · 10 sales registeredNovember 2021 · 6 sales registeredJanuary 2022 · 5 sales registeredFebruary 2022 · 7 sales registeredMarch 2022 · 9 sales registeredApril 2022 · 8 sales registeredMay 2022 · 3 sales registeredJune 2022 · 9 sales registeredJuly 2022 · 3 sales registeredSeptember 2022 · 9 sales registeredOctober 2022 · 4 sales registeredNovember 2022 · 3 sales registeredDecember 2022 · 6 sales registeredFebruary 2023 · 3 sales registeredApril 2023 · 5 sales registeredMay 2023 · 4 sales registeredJune 2023 · 5 sales registeredJuly 2023 · 4 sales registeredAugust 2023 · 4 sales registeredSeptember 2023 · 3 sales registeredOctober 2023 · 4 sales registeredNovember 2023 · 6 sales registeredDecember 2023 · 4 sales registeredFebruary 2024 · 4 sales registeredMarch 2024 · 3 sales registeredApril 2024 · 5 sales registeredMay 2024 · 7 sales registeredJune 2024 · 4 sales registeredJuly 2024 · 4 sales registeredAugust 2024 · 7 sales registeredSeptember 2024 · 4 sales registeredOctober 2024 · 5 sales registeredNovember 2024 · 5 sales registeredDecember 2024 · 10 sales registeredJanuary 2025 · 8 sales registeredFebruary 2025 · 6 sales registeredMarch 2025 · 6 sales registeredMay 2025 · 4 sales registeredJune 2025 · 3 sales registeredJuly 2025 · 4 sales registeredAugust 2025 · 3 sales registeredSeptember 2025 · 3 sales registeredNovember 2025 · 5 sales registeredDecember 2025 · 5 sales registered

LL23 recorded 62 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 60 sales a year recently, against 57 a year before 2008. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around LL23

LL23 falls under Gwynedd, where the ONS puts the average private rent at £708 a month (May 2026 figures). A one-bed averages £548 a month here and a four-or-more-bed £1,035, so size does most of the work in setting the rent.

Average monthly rent by size, Gwynedd

ONS Price Index of Private Rents, May 2026.

1 bed: £548 a month£5481 bed2 bed: £661 a month£6612 bed3 bed: £786 a month£7863 bed4+ bed: £1,035 a month£1,0354+ bed

Set against the £158,000 median sold price, £708 a month is £8,496 a year, a gross yield of 5.4%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will LL23 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 37% over five years in cash and up 8% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

LL23 ranks 8 of 67 in the LL area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.

Five-year change in the median, LL area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

LL73LL73 · +137% over five years · median £485,000+137%LL39LL39 · +110% over five years · median £401,800+110%LL66LL66 · +63% over five years · median £400,000+63%LL44LL44 · +56% over five years · median £250,000+56%LL69LL69 · +54% over five years · median £266,000+54%LL23LL23 · +37% over five years · median £158,000+37%LL71LL71 · −29% over five years · median £180,000−29%LL75LL75 · −29% over five years · median £192,500−29%LL27LL27 · −35% over five years · median £132,500−35%LL76LL76 · −37% over five years · median £176,800−37%LL51LL51 · −55% over five years · median £170,000−55%

Inside LL23, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
LL23 7£158,00051

How LL23 compares nearby

Same city, different markets. The neighbouring districts of the LL area, dearest first:

DistrictMedian5-year
LL73£485,000+137%
LL64£446,000+16%
LL39£401,800+110%
LL66£400,000+63%
LL72£345,000+25%
LL70£316,600+44%
LL58£308,800+12%
LL52£280,000-5%
LL74£278,000-3%
LL77£277,500+28%
LL62£273,500+22%
LL53£272,500+9%
LL15£270,000+11%
LL69£266,000+54%
LL20£260,000+6%
LL17£252,500+1%
LL61£252,500+5%
LL44£250,000+56%
LL32£249,200+8%
LL59£246,200-12%
LL12£245,000+14%
LL25£245,000+40%
LL26£241,000+28%
LL78£240,000-2%

Dig further

See every individual LL23 sale on the live map, mapped to the exact address, or the quick-reference LL23 price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.