UK House Price Index Wales: May 2016
Published 19 July 2016
Applies to Wales
© Crown copyright 2016
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1. Headline statistics
For May 2016:
- the average price of a property in Wales was £142,568
- the annual price change of a property for Wales was 3.6%
- the monthly price change of a property for Wales was 0.9%
- the index figure for Wales was 104.7 (January 2015 = 100)
2. Price change
2.1 Annual price change
Annual price change for Wales over the past 5 years
Annual price change by local authority for Wales
| Local authorities | May 2016 | May 2015 | Difference |
|---|---|---|---|
| Blaenau Gwent | £78,893 | £73,078 | 8.0% |
| Bridgend | £133,226 | £124,121 | 7.3% |
| Caerphilly | £118,992 | £112,099 | 6.1% |
| Cardiff | £188,278 | £177,538 | 6.0% |
| Carmarthenshire | £124,831 | £125,814 | -0.8% |
| Ceredigion | £159,900 | £174,810 | -8.5% |
| Conwy | £148,051 | £140,512 | 5.4% |
| Denbighshire | £138,654 | £138,113 | 0.4% |
| Flintshire | £156,214 | £147,071 | 6.2% |
| Gwynedd | £140,594 | £141,028 | -0.3% |
| Isle of Anglesey | £156,367 | £154,273 | 1.4% |
| Merthyr Tydfil | £95,687 | £94,484 | 1.3% |
| Monmouthshire | £217,324 | £206,203 | 5.4% |
| Neath Port Talbot | £102,150 | £99,956 | 2.2% |
| Newport | £145,772 | £138,468 | 5.3% |
| Pembrokeshire | £152,066 | £155,257 | -2.1% |
| Powys | £169,647 | £156,786 | 8.2% |
| Rhondda Cynon Taf | £98,544 | £94,574 | 4.2% |
| Swansea | £132,622 | £128,105 | 3.5% |
| Torfaen | £126,677 | £118,800 | 6.6% |
| Vale of Glamorgan | £199,577 | £192,679 | 3.6% |
| Wrexham | £145,566 | £138,427 | 5.2% |
| Wales | £142,568 | £137,553 | 3.6% |
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 | May 2016 | May 2015 | Difference |
|---|---|---|---|
| Detached | £212,043 | £205,928 | 3.0% |
| Semi-detached | £137,477 | £132,145 | 4.0% |
| Terraced | £111,314 | £107,170 | 3.9% |
| Flat or maisonette | £103,455 | £99,610 | 3.9% |
| All | £142,568 | £137,553 | 3.6% |
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: March 2016
| Local authorities | Sales volume |
|---|---|
| Blaenau Gwent | 99 |
| Bridgend | 250 |
| Caerphilly | 241 |
| Cardiff | 708 |
| Carmarthenshire | 229 |
| Ceredigion | 95 |
| Conwy | 224 |
| Denbighshire | 169 |
| Flintshire | 234 |
| Gwynedd | 204 |
| Isle of Anglesey | 141 |
| Merthyr Tydfil | 81 |
| Monmouthshire | 154 |
| Neath Port Talbot | 193 |
| Newport | 260 |
| Pembrokeshire | 185 |
| Powys | 188 |
| Rhondda Cynon Taf | 359 |
| Swansea | 433 |
| Torfaen | 116 |
| Vale of Glamorgan | 261 |
| Wrexham | 178 |
| Wales | 5,002 |
3.2 Sales volumes: March 2016
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 | £193,224 | 8.1% | 11.8% |
| Existing resold property | £139,615 | 0.4% | 3.1% |
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 | £123,331 | 0.5% | 3.5% |
| Former owner occupier | £164,959 | 1.3% | 3.7% |
6. Funding status
Cash and mortgage indicator for Wales
| Funding status | Average price | Monthly change | Annual change |
|---|---|---|---|
| Cash | £138,308 | 0.8% | 2.8% |
| Mortgage | £145,106 | 0.9% | 4.1% |
7. 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 Land Registry, Registers of Scotland, Land & Property Services Northern Ireland and the Valuation Office Agency.
Find out more about the UK House Price Index.
8. Access the data
Download the data as CSV files or access it with our UK HPI tool.
9. Contact
Eileen Morrison, Data Services Team Leader, HM Land Registry
Email eileen.morrison@landregistry.gov.uk
Telephone 0300 006 5288