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Palace Street is a residential street with 17 addresses.
It ranks as the 292nd largest and 390th most expensive of the 557 streets in the LL55 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 17 properties: 3 houses and 14 flats.
Palace Street is a residential street with 17 addresses.
It ranks as the 292nd largest and 390th most expensive of the 557 streets in the LL55 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 17 properties: 3 houses and 14 flats.
Sale prices range from £87,908 for 2 bedroom leasehold flats with a garden (901 ft2) to £374,998 for 2 bedroom leasehold flats with a garden (901 ft2) .
Monthly rental prices range from £306 pcm for 2 bed flats to £930 pcm for 2 bed flats.
The gross rental yield is between 1.4% and 6.5%.
The average value per square foot is £233.
The last sale on Palace Street sold for £115,000 on 15th October 2021. Since then prices are up an average of 23.4%.
The current average value in the street is £226,264.
The Palace Street Sales Market has increased by 36.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.6% | £226,264 |
| May 2025 | 4.1% | £229,958 |
| May 2024 | -0.8% | £220,861 |
| May 2023 | 0.6% | £222,566 |
| May 2022 | 11.6% | £221,129 |
| May 2021 | 12.3% | £198,137 |
| May 2020 | -0.6% | £176,427 |
| May 2019 | 3.6% | £177,550 |
| May 2018 | 3.7% | £171,341 |
| May 2017 | -0.1% | £165,264 |
| May 2016 | -0.2% | £165,415 |
| May 2015 | 4.8% | £165,716 |
| May 2014 | -0.5% | £158,192 |
| May 2013 | 2% | £158,936 |
| May 2012 | -2.8% | £155,765 |
| May 2011 | -3.3% | £160,230 |
| May 2010 | 0.5% | £165,632 |
| May 2009 | -7.6% | £164,889 |
| May 2008 | -3.5% | £178,479 |
| May 2007 | 0% | £184,967 |
The current average rental value in the street is £507.
The Palace Street Rental Market has increased by 43.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.6% | £507pcm |
| May 2025 | 3.5% | £494pcm |
| May 2024 | 5.3% | £477pcm |
| May 2023 | 10.2% | £453pcm |
| May 2022 | 5.5% | £411pcm |
| May 2021 | 2.8% | £390pcm |
| May 2020 | 3.8% | £379pcm |
| May 2019 | -0.7% | £365pcm |
| May 2018 | 3.3% | £368pcm |
| May 2017 | 1.2% | £356pcm |
| May 2016 | -0.1% | £352pcm |
| May 2015 | 1.6% | £353pcm |
| May 2014 | -0.9% | £347pcm |
| May 2013 | -0.1% | £350pcm |
| May 2012 | 0.5% | £351pcm |
| May 2011 | -0.8% | £349pcm |
| May 2010 | 1% | £352pcm |
| May 2009 | -2.9% | £348pcm |
| May 2008 | -6.6% | £359pcm |
| May 2007 | 0% | £384pcm |
The last sale was on 15th October 2021 for £115,000 and since then the market in the area has increased by 23.4%. The street has had a total of 7 sales since 1995.
Palace Street, Caernarfon, LL55 has seen no sales in the last three years and no sales in the last twelve months.
Palace Street, Caernarfon, LL55 is the 292nd largest and the 390th most expensive street in the LL55 area.
There is 1 postcode on Palace Street, Caernarfon, LL55.
The closest station to Palace Street, Caernarfon, LL55 is Llanfairpwll station which is 10.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Palace Street, Caernarfon, LL55, 50.4% of property is privately rented and 18.5% is privately owned with a mortgage.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Palace Street, Caernarfon, LL55, 15.9% of residents are recorded as possessing school level qualifications and 32.6% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Palace Street, Caernarfon, LL55, the average age was 43.7 and the most common age was 57.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Palace Street, Caernarfon, LL55, 0.5% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Palace Street, Caernarfon, LL55, there are an average of 0.7 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.