Welsh house prices grew by 3.3% in 2017 - a slightly faster rate than the UK as a whole, latest figures have suggested. However, this does not reflect the true picture as local markets within Wales vary considerably. Pembrokeshire saw the highest rise at 8.1% whilst, in contrast, prices in Wrexham went down 2.1%. In … [Read more...]
Latest House Prices in Wales
The latest figures from the Land Registry, which are based on sold prices so are the only truly accurate figures, show an annual price increase of 3.4% across the whole of Wales; taking the average property value to £150,258 compared with £225,956 in England. Detached houses in Wales showed the largest … [Read more...]
House prices up 5.1%
The latest data and analysis from ONS/Land Registry has revealed that average house prices in the UK have increased by 5.1% in the year to July 2017. The annual growth rate has slowed since mid-2016 but has remained broadly around 5% during 2017. According to the UK HPI, the average UK house price was £226,000 in … [Read more...]
Why Wales is fertile ground for buy to let
... However, one location that might be worth a second look is Wales – where house prices remain lower than average at around £175,000, according to Rightmove. “In Wales you can still get an enormous amount of property for your money,” says Carol Peett of West Wales Property Finders, “and first-time or modest investors … [Read more...]
Latest House Price Figures for Wales
Latest figures released by HM Land Registry show an annual increase in house prices in Wales in the year to March 2017 of 4.2%, taking the average property value to £147,921. Monthly house prices have risen 0.9% since March 2017. Detached properties have seen the highest level of growth at 6.1% in the year to March … [Read more...]
A Hefty Premium for Houses in a National Park
Home buyers pay, on average, £119,000 more to live in a National Park, a survey undertaken by Lloyds Bank has shown. Across England and Wales a property in one of the 11 National Parks costs nearly 12 times the local annual wage, according to the survey. Snowdonia National Park, however, is an exception, with … [Read more...]
Pembroke & Tenby – Two of the Most Desirable Places to Live in Britain
Pembroke has been voted the most desirable place to live in Wales, closely followed by Tenby; both in Pembrokeshire. Pembroke came sixth on the list for Britain, with Tenby in sixteenth place. The survey, conducted by Rightmove, asked nearly 24,000 people where they would most like to live in Britain. The Isle of … [Read more...]
Kitchens Sell Homes
“A superb kitchen will make the difference between selling a property and it languishing on the market,” said Carol Peett, Managing Director, West Wales Property Finders. However, Peett believes that clever design and clean lines and features are more important than the actual cost of the kitchen look top … [Read more...]
