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 £214,200.
On average house prices in Wales decreased by 0.6% or £1,220 over the last month.
Over the last year (last 12 calendar months) average house prices in Wales increased by 4.8% or £9,850.
However, across Wales, there is a significant spread of house prices at the Local Authority level ranging from £135,000 in Blaenau Gwent to £358,200 in Monmouthshire.
Wales average house prices by local authority
We show in the chart 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 £358,200
Vale of Glamorgan, where average house prices are £309,800, and
Cardiff where average house prices are £266,000
The three least expensive areas for house prices in Wales are:
Blaenau Gwent where average house prices are £135,000
Merthyr Tydfil with average house prices of £153,700, and
Rhondda Cynon Taf where average house prices are £156,400
Wales house price winners and losers last month
Over the last month house prices in Wales increased the most in percentage terms in:
Swansea where average house prices increased by 1.8%,
Denbighshire where average house prices rose by 0.1%,
Flintshire where average house prices were up by 0.0%
House prices in Wales increased the least in percentage terms last month in:
Isle of Anglesey where average house prices dropped by 4.5%,
Ceredigion where average house prices fell by 4.4%,
Newport where average house prices were down 3.4%
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:
Swansea where house prices climbed by £3,480,
Denbighshire where house prices increased by £130,
Flintshire where house prices rose by £50
At the other end of the Wales house price league, house prices increased the least in:
Ceredigion which saw house prices fall, on average, by £10,990,
Isle of Anglesey where average house prices fell by £10,670,
Newport where house prices were down £8,230
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 4.8%
The biggest house price winners in percentage terms in Wales are listed below:
Neath Port Talbot with average house prices up 11.2%,
Carmarthenshire, which has seen house prices increase by 10.6% over the last twelve months, and
Merthyr Tydfil where house prices have risen, on average, by 9.6%
At the bottom end of the annual house price table are:
Gwynedd where house prices have fallen by 3.8%,
Ceredigion, with average house price deflation of 3.4%, and
Isle of Anglesey with house price deflation at 0.0%
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:
Carmarthenshire which has seen house prices increase by £20,370,
Monmouthshire with house prices gains of £19,880,
Flintshire where house prices have risen, on average, by £18,390
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:
Ceredigion where average house prices were down £8,370,
Gwynedd, which saw average house prices fall by £7,850, and
Isle of Anglesey where house prices decreased by £40
