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Latest House Prices in Wales

October 17, 2017 by Carol Peett

 

Property in Pembrokeshire

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 price increase with a 5.4% rise in the year to August 2016.

Sales volumes in June 2017 were 13.4% higher than in June 2016.

In London, an annual price increase is shown of just of 2.6% which takes the average property value to £484,362.
Average price by property type for Wales

Property type      August 2017               August 2016                                 Difference %
Detached             £228,756                     £216,982                                               5.4
Semi-detached   £144,390                     £139,249                                               3.7
Terraced              £115,786                      £113,876                                                1.7
Flat/maisonette £106,935                     £105,233                                               1.6
All                         £150,258                     £145,382                                                3.4

The current average asking price for a detached property in Pembrokeshire is £267,736, with the average paid over the last 12 months being £239,535.

Current rents being asked in Pembrokeshire are £462 pm for a 1 bed property; £501 for a 2 bed; £574 for a 3 bed; £868 for a 4 bed and £1,048 for a 5 bed property.

The current average asking price for a detached property in Carmarthenshire is £232,734, with the average paid over the last 12 months being £210,997.

The current average asking price for a detached property in Ceredigion is £250,423 with the average paid over the last 12 months being £232,509.

In Gower the current average asking price goes up to £376,086 with the average paid over the past 12 months being £324,842.

If you are looking to move to West Wales, or purchase property here, give West Wales property Finders a call on 01834 862816. We can find your perfect property for you whilst saving you time, stress and money. http://www.westwalespropertyfinders.co.uk

 

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Filed Under: Property NewsTagged With: Buyers' Agent, Home Finder Pembrokeshire, Home Finder Wales, Homesearch Carmarthenshire, Homesearch Ceredigion, Homesearch Pembrokeshire, House Prices, Property Expert Wales, Property Expert West Wales, Property Finder Carmarthenshire, Property Finder Ceredigion, Property Finder Pembrokeshire, Property Finder Wales, Property Finders West Wales, Property Pembrokeshire, Property Search Carmarthenshire, Property Search Ceredigion, Property Search Gower, Property Search Pembrokeshire, Property West Wales, rents

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