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 £213,400.
On average house prices in Wales increased by 0.6% or £1,270 over the last month.
Over the last year (last 12 calendar months) average house prices in Wales increased by 1.8% or £3,770.
However, across Wales, there is a significant spread of house prices at the Local Authority level ranging from £129,400 in Blaenau Gwent to £367,200 in Monmouthshire.
Wales average house prices by local authority
We show in the graph below the average house prices for every local authority across Wales.
The three most expensive areas for house prices in Wales are:
Monmouthshire where average house prices are £367,200
Vale of Glamorgan, where average house prices are £311,100, and
Cardiff where average house prices are £267,100
The three least expensive areas for house prices in Wales are:
Blaenau Gwent where average house prices are £129,400
Rhondda Cynon Taf with average house prices of £153,100, and
Merthyr Tydfil where average house prices are £155,100
Wales house price winners and losers last month
Over the last month house prices in Wales increased the most in percentage terms in:
Ceredigion where average house prices increased by 2.5%,
Denbighshire where average house prices rose by 1.8%,
Gwynedd where average house prices were up by 1.8%
House prices in Wales increased the least in percentage terms last month in:
Torfaen where average house prices dropped by 4.0%,
Merthyr Tydfil where average house prices fell by 2.8%,
Wrexham where average house prices were down 2.6%
We show the percentage changes in house prices for each local authority across Wales in the chart below. Do you live in one of the hotter or colder housing markets in Wales?
The biggest absolute (monetary) increases in house prices in Wales last month were in:
Ceredigion where house prices climbed by £6,030,
Denbighshire where house prices increased by £3,610,
Gwynedd where house prices rose by £3,610
At the other end of the Wales house price league, house prices increased the least in:
Torfaen which saw house prices fall, on average, by £8,040,
Powys where average house prices fell by £6,380,
Wrexham where house prices were down £5,370
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 1.8%
The biggest house price winners in percentage terms in Wales are listed below:
Monmouthshire with average house prices up 7.4%,
Merthyr Tydfil, which has seen house prices increase by 7.3% over the last twelve months, and
Denbighshire where house prices have risen, on average, by 5.6%
At the bottom end of the annual house price table are:
Pembrokeshire where house prices have fallen by 1.3%,
Isle of Anglesey, with average house price deflation of 1.0%, and
Gwynedd with house price deflation at 0.8%
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 £25,300,
Cardiff with house prices gains of £13,440,
Flintshire where house prices have risen, on average, by £11,530
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:
Pembrokeshire where average house prices were down £3,070,
Isle of Anglesey, which saw average house prices fall by £2,290, and
Gwynedd where house prices decreased by £1,640
