The property prices in Morfa Nefyn Gwynedd have had a strong rise in the last couple of months. The property prices for second hand homes have gone through a strong increase in this city.
Based upon to the price in Morfa Nefyn (cities & towns), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is £372,434. In November This price remains at £382,210. During the following two months (December, January) the average price had a considerable reduction of 79 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from £338,286 to £274,908.5, which means a 81 % fall.