Official Statistics

UK House Price Index Wales: March 2017

Published 16 May 2017

Applies to Wales

1. Headline statistics for March 2017

the average price of a property in Wales was

£147,746

the annual price change of a property for Wales was

4.3%

the monthly price change of a property for Wales was

1.4%

the index figure for Wales (January 2015 = 100) was

108.5

Estimates for the most recent months are provisional and are likely to be updated as more data is incorporated into the index. Read the revision policies.

2. Price change

2.1 Annual price change

Annual price change for Wales over the past 5 years

Annual price change for Wales over the past 5 years

Annual price change by local authority for Wales

Local authorities March 2017 March 2016 Difference
Blaenau Gwent £76,964 £77,365 -0.5%
Bridgend £141,772 £132,105 7.3%
Caerphilly £120,212 £115,124 4.4%
Cardiff £192,482 £190,241 1.2%
Carmarthenshire £128,918 £124,904 3.2%
Ceredigion £167,359 £169,710 -1.4%
Conwy £152,010 £143,304 6.1%
Denbighshire £140,549 £139,052 1.1%
Flintshire £154,780 £151,801 2.0%
Gwynedd £144,450 £147,291 -1.9%
Isle of Anglesey £159,497 £163,696 -2.6%
Merthyr Tydfil £98,545 £87,715 12.3%
Monmouthshire £232,652 £219,651 5.9%
Neath Port Talbot £106,909 £102,284 4.5%
Newport £156,189 £143,219 9.1%
Pembrokeshire £163,006 £162,434 0.4%
Powys £173,114 £165,311 4.7%
Rhondda Cynon Taf £101,546 £98,148 3.5%
Swansea £138,928 £134,931 3.0%
Torfaen £129,541 £122,073 6.1%
Vale of Glamorgan £207,535 £192,302 7.9%
Wrexham £153,352 £141,323 8.5%
Wales £147,746 £141,617 4.3%

Average price by local authority for Wales

Average price by local authority for Wales

2.2 Average price change by property type

Average price change by property type for Wales

Property type March 2017 March 2016 Difference
Detached £219,943 £213,809 2.9%
Semi-detached £142,584 £135,451 5.3%
Terraced £114,798 £109,711 4.6%
Flat or maisonette £108,864 £103,462 5.2%
All £147,746 £141,617 4.3%

3. Sales volumes

Due to a period of 2 to 8 weeks between completion and registration of sales, volume figures for the most recent two months are not yet complete, so they are not included in the report.

3.1 Sales volumes by local authority

Sales volumes for Wales by Local Authority: January 2017

Local authorities Sales volume
Blaenau Gwent 63
Bridgend 140
Caerphilly 132
Cardiff 314
Carmarthenshire 173
Ceredigion 69
Conwy 121
Denbighshire 73
Flintshire 145
Gwynedd 111
Isle of Anglesey 58
Merthyr Tydfil 52
Monmouthshire 93
Neath Port Talbot 110
Newport 181
Pembrokeshire 112
Powys 111
Rhondda Cynon Taf 223
Swansea 207
Torfaen 71
Vale of Glamorgan 121
Wrexham 81
Wales 2,762

3.2 Sales volumes: January 2017

Sales volumes for Wales over the past 5 years

Sales volumes for Wales over the past 5 years

4. Building status

New build and existing resold property for Wales

Property status Average price Monthly change Annual change
New build £194,043 -4.4% 13.0%
Existing resold property £144,983 1.6% 3.7%

Note: the first estimate for new builds are based on a small sample which can cause volatility in this initial estimate.

5. Buyer status

First time buyer and former owner occupier for Wales

Type of buyer Average price Monthly change Annual change
First time buyer £128,177 2.0% 4.7%
Former owner occupier £170,406 0.6% 3.9%

6. Funding status

Cash and mortgage indicator for Wales

Funding status Average price Monthly change Annual change
Cash £143,766 1.0% 3.5%
Mortgage £150,107 1.5% 4.8%

7. Repossession volumes

Due to a period of 2 to 8 weeks between completion and registration of sales, repossession volume figures for the most recent two months are not yet complete, so they are not included in the report.

Repossession volumes by government office region: January 2017

Country Repossession sales volume
Wales 56

8. About the UK House Price Index

The UK House Price Index (UK HPI) is calculated by the Office for National Statistics and Land & Property Services Northern Ireland. Find out about the methodology used to create the UK HPI.

Data for the UK House Price Index is provided by HM Land Registry, Registers of Scotland, The Land & Property Services/Northern Ireland Statistics & Research Agency and the Valuation Office Agency.

Find out more about the UK House Price Index.

9. Access the data

Download the data as CSV files or access it with our UK HPI tool.

10. Contact

Eileen Morrison, Data Services Team Leader, HM Land Registry

Email eileen.morrison@landregistry.gov.uk

Telephone 0300 006 5288