LL57 (Bangor) area guide

LL57
Bangor
The LL57 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Arllechwedd, Bangor, Bethesda, Braichmelyn, Caerhun, Capel Y Graig, Carneddi, Coed Y Parc, Deiniol, Dewi, Garth, Gerlan, Glasinfryn, Glyder, Halfway Bridge, Hendre, Hirael, Llandegai, Llandygai, Llanllechid, Maesgeirchen, Marchog, Menai (Bangor), Minffordd, Mynydd Llandygai, Nant Ffrancon, Ogwen, Penisarwaun, Penrhosgarnedd, Penrhyn Park, Pentir, Rachub, Rhiwlas, Sling, St Anns Bethesda, Talybont, Treborth, Tregarth, Tregarth & Mynydd Llandygai, Vaynol Park, Waen Pentir, Waen Wen.
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Notes:

A Mouseprice property guide for LL57 Bangor is coming soon. In the meantime, please have a look at the raw data and statistics about LL57 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Llandudno propertyThe size of the property market in LL57 is 10002 homes.

Llandudno propertyWhen compared against a national average compound annual growth rate (CAGR) over the last 5 years of 12.5%, the growth in this postcode district has been 14.3%. This could well be because this is a dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Llandudno propertyThe average property in this postcode district was valued at £142973 over the last 3 months.

Llandudno propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 7.1.

Llandudno propertyNew transactions as a percentage of overall sales are 4.3%.

Housing stock:

Bangor propertyThe most readily available type of property in the area are Terraced Houses, making up 36.5% of the total.

Bangor propertyFor those buyers keen to purchase Flats, this would not be an ideal area, because only 12.8% are this type. alt="Bangor property">Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 23.2%.

Bangor propertyThe majority of property in this area is owner occupied.

Bangor propertyThe average price of a two bed property in this area is less that the national average of £187894 at £125006.

Who lives here:

Bangor propertyTotal population in this area is 24757.
Bangor propertyThe average age in this area is 32.
Bangor propertySingle people make up 43.4% of the population in this postcode district.
Bangor propertyAverage working hours in this area for men are 40 and for women are 30.
Bangor propertyThis area has 2.2 people per square kilometre.
Bangor propertyThe largest source of work in this area is Wholesale & Retail (17.6% of workers), followed by Construction (15.6%).