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...]
Detached Houses in Wales Rise 5.4%
Latest Land Registry Data - Wales Prices for detached properties in Wales rose by 5.4% from January 2018 to January 2019 according to the latest figures from the Land Registry. This brought the average cost of a detached house up from £231,777 to £244,321. Semi-detached properties rose 4%, terraced by 4.6% and flats … [Read more...]
Wales Recorded Largest Increase in Property Prices in Last 12 Months
The latest data on UK house prices released by ONS has revealed House prices in Wales increased by 5.5% over the last 12 months to reach £161,000. This was the highest price rise in any part of the UK. Over the past two years, there has been a slowdown in UK house price growth, driven mainly by a slowdown in the … [Read more...]
House prices in Wales predicted to increase by 20% over next five years
House prices in Wales are predicted to increase by nearly 20% in the next five years, according to new research by real estate firm. The firm has predicted that the North-South price divide in the UK will 'turn on its head' due to prices rising faster in Northern England and Wales compared to those across … [Read more...]
PREDICTIONS FOR THE PROPERTY MARKET IN WALES IN 2018
Property prices in Wales grew at a faster rate than predicted in 2017, with an annual price growth of 5.3% to the end of September, according to the Land Registry. The market is some areas such as Pembrokeshire and Ceredigion was exceptionally busy, according to Carol Peett, Managing Director of buying agency, West … [Read more...]
Latest Land Registry House Price Data for Wales (September 2017)
The latest data from the Land Registry on sold prices for Wales shows an annual price increase of 5.5% for the year up to the end of September 2017, taking the average property value to £152,661. House prices overall in Wales increased 0.6% in the month. The highest annual increase in Wales has been in detached … [Read more...]
