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Birmingham Post
Birmingham Post
Business
Owen Hughes

Welsh house price hike over year - with one county seeing a 17% surge

Wales house prices grew by 6.7% in the year to April 2019 - with average prices now at £163,902.

House prices have increased over the last year in all local authority areas.

Blaenau Gwent showed the strongest growth, increasing by 17.0% to £99,000 in the year to April 2019.

The county still has the lowest houses prices in Wales.

Blaenau Gwent in South Wales. Dominic Lipinski/PA Wire (PA)

The highest prices are in Monmouthshire where average prices are now £260,371.

This strengthening in the annual growth rate for Wales is due to both strong growth between March and April 2019 (2.4%) and falling prices (0.3%) between March and April 2018.

Falling prices between March and April 2018 may be linked to Land Transaction Tax replacing UK Stamp Duty Land Tax in Wales (SDLT) from April 2018.

On a seasonally adjusted basis, average house prices in Wales increased by 1.4% between March 2019 and April 2019.

Detached houses showed the biggest increase, rising by 7.4% in the year to April 2019 to £248,000.

The smallest increase of all property types was flats and maisonettes, with an increase of 5.0% in the year to April 2019 to £115,000.

Full list of house price in all the counties in Wales.

Local authorities April 2019 April 2018 Difference
Blaenau Gwent £98,956 £84,593 17.0%
Bridgend £150,412 £145,984 3.0%
Caerphilly £137,984 £129,169 6.8%
Cardiff £212,508 £200,659 5.9%
Carmarthenshire £146,543 £137,189 6.8%
Ceredigion £187,117 £182,016 2.8%
Conwy £170,225 £160,188 6.3%
Denbighshire £154,262 £149,661 3.1%
Flintshire £162,182 £159,656 1.6%
Gwynedd £158,762 £148,744 6.7%
Isle of Anglesey £172,829 £165,992 4.1%
Merthyr Tydfil £108,777 £99,970 8.8%
Monmouthshire £260,371 £247,464 5.2%
Neath Port Talbot £113,320 £110,518 2.5%
Newport £184,888 £170,071 8.7%
Pembrokeshire £166,344 £166,002 0.2%
Powys £189,043 £179,837 5.1%
Rhondda Cynon Taf £107,439 £100,975 6.4%
Swansea £147,777 £145,519 1.6%
Torfaen £146,291 £136,564 7.1%
Vale of Glamorgan £227,015 £221,704 2.4%
Wrexham £156,908 £156,401 0.3%
Wales £163,902 £153,574 6.7%
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