If you’ve fallen in love with your dream home you may be tempted to pay over the asking price. But is it ever a good idea? Those new to buying a home may not realise that an asking price is just a guide. An estate agent will advise the seller on an appropriate asking price for their property based on its … [Read more...]
Pembrokeshire house prices rise in first quarter of 2023
House prices in Pembrokeshire have risen to £260,081 during the first quarter of 2023. The figures have been released from Principality Building Society’s Wales House Price Index for Q1 2023 (January-March), which demonstrates the rise and fall in house prices in each of the 22 local authorities in … [Read more...]
The high-risk cash buyer strategy that wins when house prices are falling
Factors to consider before you sell up: "Strategic view the "sell first, buy later" strategy works particularly well if you have something sought after to sell - a home with a sea view, say - and are looking for something more everyday such as a turn key apartment"; according to Carol Peett of West Wales Property … [Read more...]
West Wales Property Finders Look Into Their Crystal Ball at the 2023 Property Market
Properties in Pembrokeshire had an overall average price of £246,821in 2022 and sold prices in Pembrokeshire were 24% up on the 2019 peak of £199,843 according to Rightmove. In Carmarthenshire property prices rose 23% and in Ceredigion 32% from their peak in 2019. Demand, particularly for smallholdings and coastal … [Read more...]
Welsh Property Prices Hit a New High
House prices in Pembrokeshire have risen by 14.6 per cent in the last year, according to recently released figures. The average price of a house in Pembrokeshire is now £271,795. Despite the drastic rise over the year, there has been no change in Pembrokeshire's house prices in the third quarter of 2022. The … [Read more...]
House Prices in Wales Rise to New Peak
The price of homes in Wales hit a new peak of £218,783 in the third quarter of 2021 (July-September), 11.5 per cent higher than the same time the previous year. The figures have been released from Principality Building Society’s Wales House Price Index for Q3 2021, which demonstrates the rise and fall in house prices … [Read more...]
Is a Reckoning Coming for the Property Market?
Rocketing prices and an extreme supply crunch mean that, for most buyers, the property market is an unpleasant place to be. For Jennifer Brown*, a 79-year-old pensioner, the situation is stark. Mrs Brown wanted to downsize from the four-bedroom house she has lived in for 22 years in a village in Suffolk. When … [Read more...]
House Price Growth Strongest in Wales in 2019
According to the latest Land Registry House Price Data, UK house prices increased by 2.2% in the year to November 2019, up from 1.3% in October 2019. House price growth was strongest in Wales where prices increased by 7.8% over the year. Wales has experienced record annual growth to November 2019. The lowest … [Read more...]
