The hottest and coldest housing markets in Wales right now
The latest data from the Land Registry reveals that the average house price in Wales is currently £220,400.
On average house prices in Wales decreased by 1.6% or £3,620 over the last month.
Over the last year (last 12 calendar months) average house prices in Wales increased by 10.7% or £21,360.
However, across Wales, there is a significant spread of house prices at the Local Authority level ranging from £134,600 in Blaenau Gwent to £364,500 in Monmouthshire.
Wales average house prices by local authority
We show in the chart below the average house price for every local authority across Wales.
The three most expensive areas for house prices in Wales are:
Monmouthshire where average house prices are £364,500
Vale of Glamorgan, where average house prices are £310,000, and
Ceredigion where average house prices are £274,100
The three least expensive areas for house prices in Wales are:
Blaenau Gwent where average house prices are £134,600
Merthyr Tydfil with average house prices of £155,700, and
Rhondda Cynon Taf where average house prices are £161,100
Wales house price winners and losers last month
Over the last month house prices in Wales increased the most in percentage terms in:
Gwynedd where average house prices increased by 2.8%,
Caerphilly where average house prices rose by 1.6%,
Torfaen where average house prices were up by 1.5%
House prices in Wales increased the least in percentage terms last month in:
Wrexham where average house prices dropped by 2.2%,
Conwy where average house prices fell by 2.0%,
Denbighshire where average house prices were down 1.8%
We show the percentage changes in house prices for each local authority across Wales in the chart below. Do you live in a hot or a cold housing market in Wales?
The biggest absolute (monetary) increases in house prices in Wales last month were in:
Gwynedd where house prices climbed by £5,940,
Newport where house prices increased by £3,320,
Carmarthenshire where house prices rose by £3,140
At the other end of the Wales house price league, house prices increased the least in:
Wrexham which saw house prices fall, on average, by £4,760,
Conwy where average house prices fell by £4,430,
Pembrokeshire where house prices were down £4,410
We show the monetary change in average house prices across each Local Authority across Wales in the chart below:
Wales house price winners and losers last year
Wales witnessed strong house price growth over the last twelve months, on average across Wales house prices have increased by 10.7%
The biggest house price winners in percentage terms in Wales are:
Caerphilly with average house prices up 17.2%,
Merthyr Tydfil, which has seen house prices increase by 16.5% over the last twelve months, and
Neath Port Talbot where house prices have risen, on average, by 15.7%
At the bottom end of the annual house price table are:
Conwy where house prices have risen by 6.4%,
Wrexham, with average house price inflation of 9.0%, and
Vale of Glamorgan with house price inflation at 9.3%
We show the percentage change in house prices over the last twelve months across every Local Authority in Wales in the chart below
Finally turning to the monetary or cash changes to house prices in Wales over the last year, the biggest house price winners in absolute terms were:
Monmouthshire which has seen house prices increase by £45,100,
Ceredigion with house prices gains of £36,240,
Powys where house prices have risen, on average, by £30,540
House prices increased in monetary terms across every local authority across Wales last year, but those areas that saw the smallest increase in average house prices were:
Conwy where average house prices were up £13,120,
Blaenau Gwent, which saw average house prices rise by £16,920, and
Wrexham where house prices increased by £17,160
