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 £206,390. 

On average house prices in Wales rose by 0.4% or £860 over the last month

Over the last year (last 12 calendar months) average house prices in Wales increased by 11.7% or £21,590

However, across Wales, there is a big spread in house prices at the Local Authority level ranging from £126,000 in Blaenau Gwent to £342,000 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 £342,000

The Vale of Glamorgan where average house prices are £313,000, and

Cardiff, where average house prices are £249,000

The three least expensive areas for house prices in Wales are:

Blaenau Gwent where average house prices are £126,000

Merthyr Tydfil with average house prices of £145,270, and

Rhonda Cynon Taf where average house prices are £145,300

Wales house price winners and losers last month

Over the last month house prices in Wales increased the most in percentage terms in:

Vale of Glamorgan where average house prices rose by 4.2%

Camarthenshire where average house price increased by 3.7%, and

Gwynedd where average house prices rose by 3.4%

House prices in Wales fell the most in percentage terms last month in:

Neath Port Talbot, where average house prices fell by 2.2%

The Isle of Anglesey, where average house prices dropped by 1.5%, and

Torfaen, where average house prices fell by 1.0%

We show the percentage changes in house prices for each local authority in Wales in the chart below

Wales house price winners and losers last month in monetary terms

The biggest absolute (monetary) increases in house prices in Wales last month were in:

The Vale of Glamwhere house prices climbed £12,580 

Carmarthenshire which saw house prices rise by £7,190, and

Gwynedd where average house prices rose by £6,880

At the other end of the Wales house price league, house prices fell most in:

The Isle of Anglesey which saw house prices fall, on average, by £3,510

Neath Port Talbot where average house prices fell by £3,460, and

Torfaen where house prices were down £1,820

We show the monetary change in average house prices across each Local Authority in Wales in the chart below:

Wales house price winners and losers over the last year

In the main, Wales has witnessed strong house price growth over the last twelve months, on average across Wales house prices have increased by 11.7%.

The biggest house price winners in percentage terms in Wales are:

The Vale of Glamorgan, which has seen house prices increase by 24.3% over the last twelve months, 

Blaenau Gwent with average house prices up 19.8%, and

Merthyr Tydfil where average house prices have increased by 19.7%

At the bottom end of the annual house price table are

Denbighshire where house prices have risen by 7.9% over the last twelve months

Cardiff, with average house price inflation of 9.3%, and

Bridgend with house price inflation at 9.8%

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

The Vale of Glamorgan, which has seen house prices increase by more than £50,000, up on average by £61,310

Monmouthshire with house prices gains of £43,110, and

Ceredigion where house prices have risen, on average, by £37,270

House prices increased in monetary terms across every local authority in Wales last year, but those areas that saw the smallest increase in average house prices were:

Denbighshire which saw average house prices rise by £14,200

Rhondda Cynon Taf where house prices increased by £14,810, and

Bridgend where average house prices were up £16,990