The Llanrug housing market has experienced significant movement in recent years, with property prices showing both growth and correction depending on the timeframe measured. According to Zoopla data, the average house price in Llanrug sits at approximately £241,682 based on recent sales, while Rightmove reports £230,945 for the last year. Our live listing data shows current asking prices averaging £294,232, indicating vendor expectations that slightly exceed achieved sale prices in the current market climate.
Year-on-year trends reveal a complex picture for the LL55 postcode area. PropertyResearch.uk reports a 17.7% increase in median prices over the past twelve months, though Rightmove notes prices are approximately 7% down on the previous year and 6% below the 2022 peak of £244,393. This volatility reflects broader economic pressures affecting the UK housing market, but the underlying demand for properties in this scenic corner of Gwynedd remains steady, supported by the area's strong transport links to Caernarfon and Bangor.
Property type analysis from multiple sources shows clear price differentiation in the local market. Detached properties command the highest prices, with Rightmove recording an average of £299,600 and our Atlas data showing £529,167 among current listings. Terraced homes average £168,786 according to Rightmove data, while semi-detached properties sit around £212,786. These figures demonstrate the premium buyers pay for space and privacy in this village setting, particularly given the limited new build supply coming forward in Llanrug itself.
The rental market in Llanrug remains modest, with only 4 rental listings currently active. Beresford Adams dominates this segment with 3 listings averaging £740 per month, while Varcity Living Limited offers 1 listing at £975. This limited rental supply reflects the village's primarily owner-occupier character, though rental demand from students attending Bangor University and young professionals working in the area does create consistent interest in rental properties.