RE­VEALED: N.Wales’ most ex­pen­sive (and af­ford­able) post­codes

HOL­I­DAY HOTSPOTS LEAD WAY RAIS­ING CON­CERNS OVER AF­FORD­ABIL­ITY FOR LO­CAL HOME BUY­ERS

Caernarfon Herald - - NEWS - Owen Hughes

THE most ex­pen­sive post­codes in North Wales have been re­vealed – with An­gle­sey dom­i­nat­ing the top ten.

A State of the Mar­ket re­port has been re­leased by Propdex.co.uk that bur­rows into the aver­age price of ev­ery post­code in the UK – us­ing data from Land Registry.

In North Wales it has re­vealed where it now costs the most to snap up a home, with hol­i­day hotspots tak­ing the top places.

But lan­guage cam­paign­ers im­me­di­ately raised con­cerns about the im­pact of high prices on lo­cal house hunters.

At num­ber one is LL64 – which takes in pop­u­lar wa­ter­sports re­sort Rhos­neigr on An­gle­sey, an area that has boomed in re­cent years. Aver­age prices are now £326,000.

Sec­ond is LL58 in Gwynedd – which in­cludes the sea­side vil­lage of Aberdyfi – where homes sold for an aver­age £276,000.

An­gle­sey then makes up an­other four post­codes in the top ten.

Mean­while the cheap­est homes are found in LL41 which in­cludes the slate town of Blae­nau Ffes­tin­iog. The aver­age price there is £94,000 and it is the only post­code in North Wales un­der £100,000.

Melfyn Wil­liams, from Wil­liams and Good­win es­tate agent, said: “No sur­prises that An­gle­sey and Gwynedd towns ap­pear in the top three aver­age price as they are by their lo­ca­tion and type of prop­er­ties ex­cep­tional ar­eas.

“Home own­ers will be de­lighted to see aver­age prices re­turn­ing to pre-bust lev­els and those who pur­chased at the peak of the hous­ing mar­ket in 2007 will be re­lieved to see that prop­erty prices have in­creased and re­turned to the lev- els seen around 10 years ago.

“As we have al­ways main­tained, bricks and mor­tar is al­ways a good in­vest­ment over the longer term and whilst pro­vid­ing a home, prop­erty also pro­vides cap­i­tal growth that should give se­cu­rity into re­tire­ment.”

But Jeff Smith, from Welsh lan­guage cam­paign group Cymdei­thas yr Iaith, said: “These are shock­ing prices, and are clearly more ex­pen­sive than the vast ma­jor­ity of peo­ple on lo­cal wages can af­ford.

“It means that more and more peo­ple are fac­ing dif­fi­cul­ties set­ting up home in their lo­cal area. That in turn un­der­mines com­mu­nity life, our towns and vil­lages, lan­guage and Welsh cul­tures.

“It’s vi­tal that the Welsh Gov­ern- ment acts to re­duce the im­pact of this hous­ing cri­sis on Wales’ com­mu­ni­ties. We need a sys­tem that en­sures house prices re­flect what lo­cal peo­ple can af­ford.

“We re­ally need to change the way we look at it: houses should be homes that ben­e­fit lo­cal peo­ple and com­mu­ni­ties, rather than serv­ing spec­u­la­tors and big busi­ness.

“We need to turn the sys­tem on its head and that’s the agenda we in Cymdei­thas will be dis­cussing next Satur­day (at a meet­ing) in Blae­nau Ffes­tin­iog.” THE 10 MOST EX­PEN­SIVE POST­CODES ARE: ● LL64: An­gle­sey - £326,000 - up 40% year-on-year ● LL35: Gwynedd - £276,000 - up 47% ● LL58: An­gle­sey - £231,000 - up 13% ● LL15: Den­bighshire - £210,000 - up 20% ● LL27: Conwy - £210,000 - up 31% ● LL62: An­gle­sey £206,000 - up 9.2% ● LL59: An­gle­sey £203,000 - up 2.8% ● LL32: Conwy - £198,000 - up 1.6% ● LL12: Wrex­ham- £189,000 - up 2.8% ● LL72: An­gle­sey - £187,000 - 3.9% THE MOST AF­FORD­ABLE ARE: ● LL41: Gwynedd - £94,000 ● LL28: Gwynedd - £128,000 ● LL18: Conwy/Den­bighshire - £130,000

Rhos­neigr, on An­gle­sey’s west coast, where aver­age prop­erty prices are now £326,000

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