Official Statistics

UK House Price Index Wales: April 2017

Published 13 June 2017

Applies to Wales

1. Headline statistics for April 2017

the average price of a property in Wales was

£147,921

the annual price change of a property for Wales was

4.2%

the monthly price change of a property for Wales was

0.9%

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

108.6

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

Low numbers of sales transactions in some local authorities can lead to volatility in the series. Whilst efforts are made to account for this volatility, the change in price in these local levels can be influenced by the type and number of properties sold in any given period.

Local authorities April 2017 April 2016 Difference
Blaenau Gwent £80,162 £78,359 2.3%
Bridgend £138,708 £135,361 2.5%
Caerphilly £121,879 £113,343 7.5%
Cardiff £190,901 £188,739 1.1%
Carmarthenshire £130,788 £125,281 4.4%
Ceredigion £173,754 £164,698 5.5%
Conwy £154,630 £144,357 7.1%
Denbighshire £146,895 £139,308 5.4%
Flintshire £159,475 £153,496 3.9%
Gwynedd £146,470 £142,769 2.6%
Isle of Anglesey £173,726 £160,019 8.6%
Merthyr Tydfil £98,347 £90,325 8.9%
Monmouthshire £234,268 £216,486 8.2%
Neath Port Talbot £109,558 £105,365 4.0%
Newport £153,683 £145,944 5.3%
Pembrokeshire £159,605 £160,623 -0.6%
Powys £170,112 £164,543 3.4%
Rhondda Cynon Taf £97,763 £100,915 -3.1%
Swansea £137,840 £135,220 1.9%
Torfaen £122,979 £124,771 -1.4%
Vale of Glamorgan £203,392 £195,471 4.1%
Wrexham £146,891 £143,521 2.3%
Wales £147,921 £141,925 4.2%

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 April 2017 April 2016 Difference
Detached £224,445 £211,634 6.1%
Semi-detached £142,802 £136,443 4.7%
Terraced £113,750 £111,190 2.3%
Flat or maisonette £105,742 £101,554 4.1%
All £147,921 £141,925 4.2%

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: February 2017

Local authorities Sales volume
Blaenau Gwent 60
Bridgend 136
Caerphilly 154
Cardiff 346
Carmarthenshire 162
Ceredigion 65
Conwy 146
Denbighshire 97
Flintshire 147
Gwynedd 120
Isle of Anglesey 58
Merthyr Tydfil 48
Monmouthshire 86
Neath Port Talbot 125
Newport 174
Pembrokeshire 119
Powys 104
Rhondda Cynon Taf 214
Swansea 208
Torfaen 98
Vale of Glamorgan 115
Wrexham 122
Wales 2,908

3.2 Sales volumes: February 2017

Sales volumes for Wales over the past 5 years

Date Sales volumes for Wales
February 2013 2077
February 2014 3057
February 2015 2828
February 2016 3188
February 2017 2908

4. Building status

New build and existing resold property for Wales

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

Property status Average price Monthly change Annual change
New build £205,602 0.0% 10.6%
Existing resold property £144,797 0.9% 3.9%

5. Buyer status

First time buyer and former owner occupier for Wales

Type of buyer Average price Monthly change Annual change
First time buyer £127,622 0.8% 3.6%
Former owner occupier £171,627 0.9% 4.9%

6. Funding status

Cash and mortgage indicator for Wales

Funding status Average price Monthly change Annual change
Cash £144,106 0.6% 4.5%
Mortgage £150,184 1.0% 4.1%

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: February 2017

Country Repossession sales volume
Wales 57

8. Access the data

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

Data revisions

View any revisions to previously published data in the data downloads or find out more about revisions in our guidance About the UK HPI.

9. 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.

10. Contact

Eileen Morrison, Data Services Team Leader, HM Land Registry

Email eileen.morrison@landregistry.gov.uk

Telephone 0300 006 5288