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This publication is available at https://www.gov.uk/government/publications/uk-house-price-index-wales-may-2017/uk-house-price-index-wales-may-2017
1. Headline statistics for May 2017
the average price of a property in Wales was
the annual price change of a property for Wales was
the monthly price change of a property for Wales was
the index figure for Wales (January 2015 = 100) was
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
In Wales, the average price increased by 3.8% in the year to May 2017 (down from 4.9% in the year to April 2017).
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||May 2017||May 2016||Difference|
|Isle of Anglesey||£161,262||£155,243||3.9%|
|Neath Port Talbot||£106,485||£104,787||1.6%|
|Rhondda Cynon Taf||£104,407||£100,778||3.6%|
|Vale of Glamorgan||£209,272||£196,664||6.4%|
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 2017||May 2016||Difference|
|Flat or maisonette||£112,812||£104,659||7.8%|
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 2017
|Local authorities||Sales volume|
|Isle of Anglesey||79|
|Neath Port Talbot||163|
|Rhondda Cynon Taf||267|
|Vale of Glamorgan||137|
3.2 Sales volumes: March 2017
Sales volumes for Wales over the past 5 years
|Date||Sales volumes for Wales|
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|
|Existing resold property||£146,556||0.5%||3.5%|
5. Buyer status
First time buyer and former owner occupier for Wales
|Type of buyer||Average price||Monthly change||Annual change|
|First time buyer||£130,125||1.2%||3.9%|
|Former owner occupier||£172,585||-0.1%||3.7%|
6. Funding status
Cash and mortgage indicator for Wales
|Funding status||Average price||Monthly change||Annual change|
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: March 2017
|Country||Repossession sales volume|
8. Access the data
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.
David Lockett, Product Manager, HM Land Registry
Telephone 0300 0068317