Local market reports › LL area › LL38
Friog market report LL38, Fairbourne
The LL38 (Friog) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 622 HM Land Registry entries for LL38 (Fairbourne), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to June 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the typical home in LL38 (Fairbourne) sold for £161,000 in 2026, the median of 9 registered sales, up 24% on five years earlier. The mean was £163,700, and by floor area homes here have averaged about £2,170 per square metre over the last five years. The figures cover 622 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
The postcode district LL38 covering Fairbourne, Friog sits in Fairbourne. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where LL38 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in LL38
The LL38 median stands at £161,000 for 2026, built from 9 registered sales; the mean, the figure usually quoted as the "average house price", is £163,700, nearly identical to it, meaning sales cluster closely around the typical figure.
What a square metre costs in LL38
Measured by floor area, the last five years of LL38 sales average about £2,170 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
England and Wales as a whole trade at a £285,000 median, leaving LL38 44% below the national figure.
A typical LL38 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £161,000 | £161,000 | 9 |
| 2025 | £137,200 | £140,481 | 32 |
| 2024 | £157,500 | £167,455 | 15 |
| 2023 | £170,000 | £186,788 | 21 |
| 2022 | £162,500 | £190,550 | 24 |
| 2021 | £130,000 | £164,597 | 25 |
| 2020 | £85,500 | £110,938 | 10 |
| 2019 | £110,000 | £144,184 | 16 |
| 2018 | £90,000 | £119,972 | 19 |
| 2017 | £100,000 | £136,390 | 19 |
| 2016 | £125,000 | £174,876 | 17 |
| 2015 | £92,500 | £130,703 | 14 |
| 2014 | £130,000 | £184,428 | 11 |
| 2013 | £107,500 | £154,682 | 8 |
| 2012 | £122,000 | £179,569 | 10 |
| 2011 | £105,000 | £158,510 | 23 |
| 2010 | £137,000 | £214,851 | 13 |
| 2009 | £104,200 | £167,502 | 20 |
| 2008 | £117,500 | £192,607 | 18 |
| 2007 | £147,500 | £250,201 | 18 |
| 2006 | £145,000 | £251,701 | 28 |
| 2005 | £122,500 | £218,001 | 18 |
| 2004 | £118,800 | £215,764 | 24 |
| 2003 | £90,000 | £165,802 | 25 |
| 2002 | £74,200 | £139,607 | 32 |
| 2001 | £54,000 | £103,812 | 35 |
| 2000 | £52,000 | £102,050 | 23 |
| 1999 | £42,000 | £83,704 | 19 |
| 1998 | £50,000 | £100,929 | 34 |
| 1997 | £48,000 | £98,438 | 15 |
| 1996 | £43,000 | £90,685 | 13 |
| 1995 | £36,500 | £79,345 | 14 |
In cash terms the typical LL38 home went from £36,500 in 1995 to £161,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 103%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2006. The market now sits about 36% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the LL38 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2021 (+52.0% on the year before); the weakest, 2015 (−28.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 66% of the typed total.
Median by property type, LL38
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £162,500 | 5 | 345 |
| Semi-detached | £128,000 (2025) | – | 130 |
| Terraced | £120,000 (2025) | – | 47 |
What LL38 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +17.3% | +14.6% |
| 5 years (since 2021) | +4.4% | −0.4% |
| 10 years (since 2016) | +2.6% | −0.8% |
| 20 years (since 2006) | +0.5% | −2.2% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
How many homes change hands in LL38
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
LL38 recorded 29 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 20 sales a year recently, against 25 a year before 2008. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The shape of the LL38 market
This is a thin market: 29 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. In its area's price order LL38 comes 59 of 67, towards the cheaper end of the table.
The rental side of LL38
LL38 falls under Gwynedd, where the ONS puts the average private rent at £708 a month (May 2026 figures). Size sets most of the rent: one-beds average £548 a month here against £1,035 for four or more bedrooms.
Average monthly rent by size, Gwynedd
ONS Price Index of Private Rents, May 2026.
Against the £161,000 median purchase price, a rent of £708 a month (£8,496 a year) works out at a 5.3% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Common questions on LL38 (Friog)
Are property prices falling in LL38 (Friog)?
Is LL38 (Friog) a good place to buy a house?
How much did a house sell for in LL38 (Friog)?
Are LL38 prices heading up or down?
Prediction is not this page's business. Its business is the record, which says: the median is up 24% over five years in cash and flat after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
The price of an extra bedroom in LL
The Land Registry record, split by size: what each kind of home actually sold for across the LL area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £217,000 | £310,000 (+43%) | £445,000 (+44%) | £580,000 (+30%) |
| Semi-detached | £160,000 | £180,000 (+13%) | £215,000 (+19%) | £276,000 (+28%) | £360,000 (+30%) |
| Terraced | £125,000 | £146,000 (+17%) | £166,000 (+14%) | £205,000 (+23%) | £262,000 (+28%) |
| Flat | £98,000 | £145,000 (+48%) | £195,000 (+34%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
LL38 ranks 10 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
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside LL38, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LL38 2 | £161,000 | 9 |
How LL38 compares nearby
Same city, different markets. The dearest districts of the LL area, and LL38 itself, which ranks 59 of 67 by median price:
| District | Median | 5-year |
|---|---|---|
| LL73 | £420,000 | +50% |
| LL64 | £410,000 | +20% |
| LL37 | £342,500 | +26% |
| LL47 | £315,000 | +107% |
| LL74 | £300,000 | +3% |
| LL58 | £297,600 | +12% |
| LL35 | £294,000 | -8% |
| LL15 | £287,500 | +15% |
| LL77 | £272,500 | +18% |
| LL69 | £270,000 | +59% |
| LL26 | £267,200 | +41% |
| LL61 | £260,000 | +8% |
| LL32 | £253,000 | +3% |
| LL17 | £252,500 | +3% |
| LL52 | £252,500 | -14% |
| LL76 | £252,500 | +28% |
| LL20 | £251,000 | +5% |
| LL63 | £250,000 | +3% |
| LL44 | £248,700 | -2% |
| LL53 | £247,500 | -1% |
| LL12 | £245,000 | +7% |
| LL72 | £245,000 | -26% |
| LL78 | £241,000 | -2% |
| LL38 (this report) | £161,000 | +24% |
Selling in LL38? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at LL38's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim LL38.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to LL38. Free after a one click sign in.
The live map plots every individual LL38 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator 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.