NEW research has found that 11 North Wales properties with LL postcodes were sold for more than £1million between July 2021 and 2022.

This study, carried out by Property Solvers and using HM Land Registry sold house price statistics, the home buying company and auctioneer reported the total value of these sales arrived at £16.42m.

This represented a notable decrease of 52 per cent, from £28m, in the previous 12-month period.


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In terms of number of properties sold, this puts the region in 81st place across England, Wales and Scotland - above Swansea (SA) and below Aberdeen (AB).

Below are the 11 most expensive properties sold in the region in the last year:

• Allt Bryn Mel, Glyngarth, Menai Bridge, LL59 5PF (£2,155,000)

• Ravenspoint Road, Trearddur Bay, Holyhead, LL65 2YU (2,050,000)

• Coesfaen, Barmouth, Gwynedd, LL42 1TE (£2,000,000)

• Trefadog Cottage, Llanfaethlu, Holyhead, LL65 4PF (£1,950,000)

• Benar Headland, Abersoch, Pwllheli, LL53 7BA (£1,400,000)

• Benar Headland, Abersoch, Pwllheli, LL53 7BA (£1,320,000)

• Highgrove House, Llyndir Lane, Burton, LL12 0AS (£1,195,000)

• Tir A Mor, Pentraeth, LL75 8YG (£1,150,000)

• Cloverley Lodge, Bryn Y Bia Road, Llandudno, LL30 3AS (£1,100,000)

• Cae Chwarel, Llansadwrn, Menai Bridge, LL59 5SW (£1,100,000)

• The Lodge, Wrexham Road, Overton, Wrexham, LL13 0HF (£1,000,000)

Property Solvers co-founder Ruban Selvanayagam said: “Although there remains a fairly healthy volume of sales in this price bracket, such a pronounced drop would suggest that buyer appetite for these types of homes is decreasing.

“£1m+ properties - even for the wealthy - are major commitment and indeed affected by the wider economy,”

“With unabated inflationary pressures and rising interest rates as a result, it would not be too much of a surprise to see a continued cooling off across the high-end property market in the coming year at least.”

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