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LL48 local market report Penrhyndeudraeth

Every figure on this page comes from the public record: 1,132 sales registered with HM Land Registry in LL48 (Penrhyndeudraeth) 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 March 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

LL48 is the postcode district covering Penrhyndeudraeth, Llanfrothen, Minffordd in Penrhyndeudraeth. 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 LL48 sits

Click the map to open LL48 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

LL47LL49LL46LL41LL51LL25LL52LL54LL24LL23LL48
£136,200median sold price, 2026
-3%five-year change (cash)
52sales in the last 12 months
6.2%gross rental yield (est.)

What a home in LL48 sells for

The 2026 median in LL48 is £136,200, from 8 registered sales; the mean, £133,800, sits almost on top of it, so sales bunch tightly around the typical price.

For scale: the England and Wales median is £274,000, so LL48 trades 50% below the country as a whole.

The price of a typical LL48 home, 1995 to 2026

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)
£63k£125k£188k£250k1995200020052010201520202026 1995: £37,200 at the time · £78,978 in today's money · 32 sales1996: £37,500 at the time · £77,239 in today's money · 33 sales1997: £39,000 at the time · £78,113 in today's money · 37 sales1998: £40,000 at the time · £78,857 in today's money · 38 sales1999: £44,500 at the time · £86,615 in today's money · 32 sales2000: £49,200 at the time · £94,300 in today's money · 38 sales2001: £38,800 at the time · £72,849 in today's money · 48 sales2002: £54,200 at the time · £99,595 in today's money · 54 sales2003: £67,000 at the time · £120,548 in today's money · 61 sales2004: £87,500 at the time · £155,206 in today's money · 37 sales2005: £96,800 at the time · £168,242 in today's money · 26 sales2006: £120,000 at the time · £203,440 in today's money · 35 sales2007: £119,200 at the time · £197,474 in today's money · 54 sales2008: £117,800 at the time · £188,589 in today's money · 24 sales2009: £113,500 at the time · £178,191 in today's money · 16 sales2010: £107,500 at the time · £164,650 in today's money · 29 sales2011: £110,500 at the time · £162,917 in today's money · 18 sales2012: £133,000 at the time · £191,188 in today's money · 29 sales2013: £125,000 at the time · £175,662 in today's money · 27 sales2014: £120,000 at the time · £166,265 in today's money · 27 sales2015: £125,000 at the time · £172,500 in today's money · 35 sales2016: £105,000 at the time · £143,465 in today's money · 30 sales2017: £126,200 at the time · £168,104 in today's money · 51 sales2018: £138,000 at the time · £179,660 in today's money · 35 sales2019: £122,000 at the time · £156,178 in today's money · 45 sales2020: £134,000 at the time · £169,807 in today's money · 37 sales2021: £140,000 at the time · £173,118 in today's money · 49 sales2022: £155,500 at the time · £178,083 in today's money · 38 sales2023: £190,700 at the time · £204,639 in today's money · 34 sales2024: £180,000 at the time · £186,907 in today's money · 37 sales2025: £153,800 at the time · £153,800 in today's money · 38 sales2026: £136,200 at the time · £136,200 in today's money · 8 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£136,200£136,2008
2025£153,800£153,80038
2024£180,000£186,90737
2023£190,700£204,63934
2022£155,500£178,08338
2021£140,000£173,11849
2020£134,000£169,80737
2019£122,000£156,17845
2018£138,000£179,66035
2017£126,200£168,10451
2016£105,000£143,46530
2015£125,000£172,50035
2014£120,000£166,26527
2013£125,000£175,66227
2012£133,000£191,18829
2011£110,500£162,91718
2010£107,500£164,65029
2009£113,500£178,19116
2008£117,800£188,58924
2007£119,200£197,47454
2006£120,000£203,44035
2005£96,800£168,24226
2004£87,500£155,20637
2003£67,000£120,54861
2002£54,200£99,59554
2001£38,800£72,84948
2000£49,200£94,30038
1999£44,500£86,61532
1998£40,000£78,85738
1997£39,000£78,11337
1996£37,500£77,23933
1995£37,200£78,97832

In cash terms the typical LL48 home went from £37,200 in 1995 to £136,200 in 2026, roughly 3.7 times the price. Even after inflation that is a real rise of about 72%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2023; the current median sits about 33% below that. Someone who bought at the 2023 peak has not yet seen that price back in real terms.

Year-on-year change in the LL48 median

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

+50% -50% 0% 1996 · +0.8% on the year before1997 · +4.0% on the year before1998 · +2.6% on the year before1999 · +11.3% on the year before2000 · +10.6% on the year before2001 · −21.1% on the year before2002 · +39.7% on the year before2003 · +23.6% on the year before2004 · +30.6% on the year before2005 · +10.6% on the year before2006 · +24.0% on the year before2007 · −0.7% on the year before2008 · −1.2% on the year before2009 · −3.7% on the year before2010 · −5.3% on the year before2011 · +2.8% on the year before2012 · +20.4% on the year before2013 · −6.0% on the year before2014 · −4.0% on the year before2015 · +4.2% on the year before2016 · −16.0% on the year before2017 · +20.2% on the year before2018 · +9.4% on the year before2019 · −11.6% on the year before2020 · +9.8% on the year before2021 · +4.5% on the year before2022 · +11.1% on the year before2023 · +22.6% on the year before2024 · −5.6% on the year before2025 · −14.6% on the year before2026 · −11.4% on the year before200020052010201520202026

The strongest year on record here is 2002 (+39.7% on the year before); the weakest, 2001 (−21.1%). 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 2025)−11.4%−11.4%
5 years (since 2021)−0.5%−4.7%
10 years (since 2016)+2.6%−0.5%
20 years (since 2006)+0.6%−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: 32 sales1996: 33 sales1997: 37 sales1998: 38 sales1999: 32 sales2000: 38 sales2001: 48 sales2002: 54 sales2003: 61 sales2004: 37 sales2005: 26 sales2006: 35 sales2007: 54 sales2008: 24 sales2009: 16 sales2010: 29 sales2011: 18 sales2012: 29 sales2013: 27 sales2014: 27 sales2015: 35 sales2016: 30 sales2017: 51 sales2018: 35 sales2019: 45 sales2020: 37 sales2021: 49 sales2022: 38 sales2023: 34 sales2024: 37 sales2025: 38 sales2026: 8 sales1995200020052010201520202026

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 March 2018 · 3 sales registeredApril 2018 · 3 sales registeredMay 2018 · 5 sales registeredJuly 2018 · 4 sales registeredAugust 2018 · 4 sales registeredSeptember 2018 · 3 sales registeredNovember 2018 · 5 sales registeredDecember 2018 · 3 sales registeredMarch 2019 · 6 sales registeredJune 2019 · 5 sales registeredJuly 2019 · 4 sales registeredAugust 2019 · 5 sales registeredSeptember 2019 · 5 sales registeredOctober 2019 · 7 sales registeredNovember 2019 · 4 sales registeredDecember 2019 · 4 sales registeredFebruary 2020 · 8 sales registeredJune 2020 · 3 sales registeredJuly 2020 · 3 sales registeredAugust 2020 · 4 sales registeredSeptember 2020 · 3 sales registeredOctober 2020 · 3 sales registeredNovember 2020 · 3 sales registeredDecember 2020 · 5 sales registeredFebruary 2021 · 3 sales registeredMarch 2021 · 11 sales registeredApril 2021 · 6 sales registeredMay 2021 · 6 sales registeredJune 2021 · 4 sales registeredSeptember 2021 · 3 sales registeredNovember 2021 · 5 sales registeredDecember 2021 · 5 sales registeredJanuary 2022 · 3 sales registeredApril 2022 · 7 sales registeredOctober 2022 · 3 sales registeredNovember 2022 · 8 sales registeredDecember 2022 · 5 sales registeredJanuary 2023 · 3 sales registeredFebruary 2023 · 4 sales registeredMarch 2023 · 5 sales registeredMay 2023 · 3 sales registeredAugust 2023 · 3 sales registeredSeptember 2023 · 4 sales registeredOctober 2023 · 3 sales registeredDecember 2023 · 3 sales registeredApril 2024 · 4 sales registeredJuly 2024 · 3 sales registeredAugust 2024 · 3 sales registeredSeptember 2024 · 4 sales registeredOctober 2024 · 6 sales registeredNovember 2024 · 7 sales registeredJanuary 2025 · 3 sales registeredMay 2025 · 4 sales registeredJune 2025 · 3 sales registeredJuly 2025 · 5 sales registeredSeptember 2025 · 5 sales registeredOctober 2025 · 4 sales registeredNovember 2025 · 4 sales registeredDecember 2025 · 3 sales registeredMarch 2026 · 4 sales registered

LL48 recorded 52 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 44 sales a year before the financial crisis and 31 a year over the last five. 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 LL48

LL48 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 £136,200 median sold price, £708 a month is £8,496 a year, a gross yield of 6.2%: 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 LL48 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 3% over five years in cash but down 21% 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

LL48 ranks 48 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%LL48LL48 · −3% over five years · median £136,200−3%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 LL48, 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
LL48 6£136,2008

How LL48 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 LL48 sale on the live map, mapped to the exact address, or the quick-reference LL48 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.