Palace Street - LL55 1RR
Key Street Insights
Palace Street is a residential street with 17 addresses.
It ranks as the 346th largest of the 645 streets in the LL55 area.
The street contains a total of 17 properties: 1 house, 2 flats and 14 other properties.
- Ave. Sale Price
- £224,357
- 10 Year change
- up 37.1%
- Ave. Rental Price
- £901pcm
- 10 Year change
- up 51.2%
- Ave. £ per ft²
- £243/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Street Insights
Palace Street is a residential street with 17 addresses.
It ranks as the 346th largest of the 645 streets in the LL55 area.
The street contains a total of 17 properties: 1 house, 2 flats and 14 other properties.
- Ave. Sale Price
- £224,357
- 10 Year change
- up 37.1%
- Ave. Rental Price
- £901pcm
- 10 Year change
- up 51.2%
- Ave. £ per ft²
- £243/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Properties on Palace Street, Caernarfon, LL55
- 4A Palace Street
Building  |  2 Flats
- 5 Palace Street
Flat
- 6A Palace Street
Flat
Sales Market Trends
The last sale on Palace Street sold for £115,000 on 15th October 2021. Since then prices are up an average of 22.9%.
The current average value in the street is £224,357.
The Palace Street Sales Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £224,357 |
| June 2025 | 2.6% | £228,454 |
| June 2024 | -0.6% | £222,629 |
| June 2023 | 1.6% | £223,958 |
| June 2022 | 10.9% | £220,429 |
| June 2021 | 11.7% | £198,848 |
| June 2020 | -0.5% | £178,036 |
| June 2019 | 5% | £178,955 |
| June 2018 | 3.7% | £170,403 |
| June 2017 | 0.5% | £164,365 |
| June 2016 | -0.9% | £163,613 |
| June 2015 | 4.4% | £165,169 |
| June 2014 | -0.5% | £158,168 |
| June 2013 | 2.4% | £158,904 |
| June 2012 | -2.3% | £155,192 |
| June 2011 | -4.4% | £158,827 |
| June 2010 | 2.2% | £166,212 |
| June 2009 | -8.2% | £162,603 |
| June 2008 | -4.5% | £177,073 |
| June 2007 | 0% | £185,323 |
Rental Market Trends
The current average rental value in the street is £901.
The Palace Street Rental Market has increased by 51.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £901pcm |
| June 2025 | 2% | £866pcm |
| June 2024 | 8.6% | £848pcm |
| June 2023 | 8% | £781pcm |
| June 2022 | 8.3% | £724pcm |
| June 2021 | 3.8% | £668pcm |
| June 2020 | 3.5% | £644pcm |
| June 2019 | 0.7% | £622pcm |
| June 2018 | 1% | £618pcm |
| June 2017 | 2.6% | £611pcm |
| June 2016 | 0.6% | £596pcm |
| June 2015 | 1.1% | £592pcm |
| June 2014 | 0.9% | £586pcm |
| June 2013 | 0.3% | £580pcm |
| June 2012 | -0.7% | £579pcm |
| June 2011 | 1.3% | £583pcm |
| June 2010 | 0.4% | £575pcm |
| June 2009 | -6.2% | £573pcm |
| June 2008 | 4.7% | £611pcm |
| June 2007 | 0% | £584pcm |
Sales History
The last recorded sale was on 15th October 2021 for £115,000 and since then the market in the area has increased by 22.9%.
Palace Street, Caernarfon, LL55 has had 3 sales since 1995, none of them in the last three years.
- Sold Oct 2021£115,000 | 4 Bed House15, Palace Street, Caernarfon, LL55 1RR15, Palace Street, Caernarfon, LL55 1RR
- Sold Nov 2020£195,000 | 4 Bed House14, Palace Street, Caernarfon, LL55 1RR14, Palace Street, Caernarfon, LL55 1RR
- Sold May 2008£205,000 | 2 Bed FlatFlat 1, 4A, Palace Street, Caernarfon, LL55 1RRFlat 1, 4A, Palace Street, Caernarfon, LL55 1RR
Top 3 Most Expensive Sales
- Sold May 2007£211,000 | 4 Bed House14, Palace Street, Caernarfon, LL55 1RR14, Palace Street, Caernarfon, LL55 1RR
- Sold Nov 2004£205,625 | 2 Bed Flat6A, Palace Street, Caernarfon, LL55 1RR6A, Palace Street, Caernarfon, LL55 1RR
- Sold May 2008£205,000 | 2 Bed FlatFlat 1, 4A, Palace Street, Caernarfon, LL55 1RRFlat 1, 4A, Palace Street, Caernarfon, LL55 1RR
Nearby Streets
Palace Street, Caernarfon, LL55 is the 346th largest and the 431st most expensive street in the LL55 area.
- Hole In The Wall Street, Caernarfon, LL5510 Addresses|38 m away
- Castle Street, Caernarfon, LL557 Addresses|58 m away
- Northgate Street, Caernarfon, LL5519 Addresses|80 m away
- Skinner Street, Caernarfon, LL551 Address|89 m away
- Castle Square, Caernarfon, LL5513 Addresses|99 m away
- Eastgate Street, Caernarfon, LL557 Addresses|102 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (0)
- C (0)
- G (1)
- D (1)
- No EPC (11)
Schools Nearby
Public Transport Nearby
The closest station to Palace Street, Caernarfon, LL55 - LL55 1RR is Llanfairpwll station, which is 10.0 kilometres away.
- Llanfairpwll|10.0 km away
- Bodorgan|11.8 km away
- Bangor (Gwynedd)|13.1 km away
