UK House Price Index Wales: February 2026
Published 22 April 2026
© Crown copyright 2026
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This publication is available at https://www.gov.uk/government/statistics/uk-house-price-index-for-february-2026/uk-house-price-index-wales-february-2026
1. Headline statistics for February 2026
The average price of a property in Wales was £210,000
The annual price change of a property for Wales was 2.5%
The monthly price change of a property for Wales was 0.3%
The index figure for Wales (January 2023 = 100) was 104.2
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.
Next publication of UK HPI
The March 2026 UK HPI will be published at 9.30am on Wednesday 20 May 2026. See the calendar of release dates for more information.
2. Economic statement
Average house prices in Wales increased by 2.5% in the 12 months to February 2026, to £210,000 (provisional estimate). This was up from 1.8% (revised estimate) in the 12 months to January 2026 and was higher than the average UK house price annual inflation of 1.2% (provisional estimate) in the 12 months to February 2026.
On a non-seasonally adjusted basis, average house prices in Wales increased by 0.3% between January 2026 and February 2026, compared with a decrease of 0.4% during the same period 12 months ago.
On a seasonally adjusted basis, average house prices in Wales increased by 0.4% between January 2026 and February 2026.
Comparing the provisional UK HPI volume estimate for December 2024 with the provisional UK HPI estimate for December 2025, the volume of transactions 24.1% in Wales and increased by 15.5% in the UK.
In Wales, 20 of the 22 local authority areas showed an increase in average house prices in the 12 months to February 2026. Ceredigion showed the highest annual percentage change, rising by 11.4% to £252,000 in the 12 months to February 2026. In contrast, the Vale of Glamorgan and Denbighshire showed the joint lowest annual percentage change, decreasing by 1.1% to £288,000 and £193,000 respectively in the 12 months to February 2026.
In Wales, semi-detached and terraced houses had the joint highest annual inflation out of all property types, increasing by 3.2% in the 12 months to February 2026, to an average price of £210,000 and £168,000 respectively. Flats and maisonettes had the lowest annual inflation, decreasing by 2.5% in the 12 months to February 2026, to an average price of £126,000.
As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month’s set of house price data.
3. Price change
3.1 Annual price change
Annual price change for Wales over the past 4 years
Download this table’s data (CSV, 1KB)
In Wales, the average price increased by 2.5% in the 12 months to February 2026 (provisional estimate), up from 1.8% in the 12 months to January 2026 (revised estimate).
Annual price change by local authority for Wales
Low numbers of sales transactions in some local authorities can lead to volatility in the series.
While we make efforts 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.
Geographies with low number of sales transactions should be analysed in the context of their longer-term trends rather than focusing on monthly movements.
| Local authorities | February 2026 | February 2025 | Difference |
|---|---|---|---|
| Blaenau Gwent | £137,891 | £131,381 | 5.0% |
| Bridgend | £212,043 | £205,022 | 3.4% |
| Caerphilly | £197,105 | £188,713 | 4.4% |
| Cardiff | £269,319 | £265,214 | 1.5% |
| Carmarthenshire | £196,199 | £188,108 | 4.3% |
| Ceredigion | £252,306 | £226,454 | 11.4% |
| Conwy | £217,059 | £208,523 | 4.1% |
| Denbighshire | £193,398 | £195,491 | -1.1% |
| Flintshire | £210,195 | £208,333 | 0.9% |
| Gwynedd | £199,316 | £192,943 | 3.3% |
| Isle of Anglesey | £227,868 | £223,619 | 1.9% |
| Merthyr Tydfil | £149,339 | £146,650 | 1.8% |
| Monmouthshire | £329,218 | £324,114 | 1.6% |
| Neath Port Talbot | £156,975 | £154,731 | 1.4% |
| Newport | £225,086 | £217,571 | 3.5% |
| Pembrokeshire | £221,682 | £218,605 | 1.4% |
| Powys | £233,245 | £230,607 | 1.1% |
| Rhondda Cynon Taf | £161,405 | £150,673 | 7.1% |
| Swansea | £204,297 | £197,690 | 3.3% |
| Torfaen | £196,519 | £193,619 | 1.5% |
| Vale of Glamorgan | £287,425 | £290,664 | -1.1% |
| Wrexham | £208,330 | £204,359 | 1.9% |
| Wales | £210,407 | £205,266 | 2.5% |
Download this table’s data (CSV, 1KB)
Average price by local authority for Wales
In February 2026, the most expensive area to purchase a property was Monmouthshire, where the average cost was £329,000. In contrast, the cheapest area to purchase a property was Blaenau Gwent, where the average cost was £138,000.
3.2 Average price change by property type
Average price change by property type for Wales
| Property type | February 2026 | February 2025 | Difference |
|---|---|---|---|
| Detached | £330,612 | £323,055 | 2.3% |
| Semi-detached | £209,899 | £203,443 | 3.2% |
| Terraced | £168,206 | £162,995 | 3.2% |
| Flat or maisonette | £125,937 | £129,151 | -2.5% |
| All | £210,407 | £205,266 | 2.5% |
Download this table’s data (CSV, 1KB)
4. Sales volumes
The amount of time between the sale of a property and the registration of this information varies. It typically ranges between 2 weeks and 2 months but can be longer. Volume figures for the most recent 2 months are not yet at a reliable level for reporting, so they are not included in the report. Published transactions for recent months will increase as later registered transactions are incorporated into the index.
Sales volume data is also available by property status (new build and existing property) and funding status (cash and mortgage) in our downloadable data tables. Transactions involving the creation of a new register, such as new builds, are more complex and require more time to process. Read Revisions to the UK HPI data for more information.
4.1 Sales volumes by local authority
Comparing the provisional volume estimate for the current month with the revised volume estimate for the corresponding month in the previous year
Sales volumes for Wales by local authority
| Local authorities | December 2025 | December 2024 |
|---|---|---|
| Blaenau Gwent | 59 | 65 |
| Bridgend | 163 | 168 |
| Caerphilly | 150 | 212 |
| Cardiff | 269 | 409 |
| Carmarthenshire | 157 | 175 |
| Ceredigion | 75 | 76 |
| Conwy | 125 | 148 |
| Denbighshire | 80 | 85 |
| Flintshire | 135 | 173 |
| Gwynedd | 100 | 140 |
| Isle of Anglesey | 57 | 59 |
| Merthyr Tydfil | 38 | 62 |
| Monmouthshire | 78 | 139 |
| Neath Port Talbot | 107 | 196 |
| Newport | 175 | 182 |
| Pembrokeshire | 89 | 121 |
| Powys | 90 | 155 |
| Rhondda Cynon Taf | 182 | 280 |
| Swansea | 178 | 262 |
| Torfaen | 68 | 114 |
| Vale of Glamorgan | 133 | 181 |
| Wrexham | 101 | 145 |
| Wales | 2,609 | 3,547 |
Note: The ‘Difference’ column has been removed from this table as the latest month’s data are not yet complete.
Note: The number of property transactions for December 2025 will increase as more transactions are incorporated into the index. See our Revisions Policy for more information.
Comparing provisional UK HPI volume estimates for December 2024 with the provisional UK HPI volume estimate for December 2025, volume transactions increased by 24.1%in Wales.
UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period) report that in the 12 months to December 2025, on a non-seasonally adjusted basis, HMRC volume transactions increased by 13.1% in Wales.
Download this table’s data (CSV, 1KB)
4.2 Sales volumes
Sales volumes for Wales over the past 5 years
| Date | Sales volumes for Wales |
|---|---|
| December 2021 | 4,545 |
| December 2022 | 4,008 |
| December 2023 | 3,015 |
| December 2024 | 3,547 |
| December 2025 | 2,609 |
Download this chart’s data (CSV, 1KB)
5. Property status
Transactions involving the creation of a new register, such as new builds, are more complex and need more time to process. This means they can take longer to appear in the land registers. The volume of new build transactions for the most recent 2 months are not at a reliable level for reporting the breakdown between new build and existing resold property, so they are not included in the report.
| Property status | Average price December 2025 | Monthly change | Annual change |
|---|---|---|---|
| New build | £329,586 | -4.5% | 8.1% |
| Existing resold property | £211,552 | 2.2% | 4.2% |
Download this table’s data (CSV, 1KB)
Note: Since the October 2017 release, amendments have been made to our estimation model when calculating our provisional estimate. Find out further information and the impact of this change in methods used to produce the UK HPI.
6. Buyer status
First time buyer and former owner occupier for Wales
| Type of buyer | Average price February 2026 | Monthly change | Annual change | |
|---|---|---|---|---|
| First time buyer | £180,670 | 0.2% | 2.6% | |
| Former owner occupier | £251,388 | 0.4% | 2.3% |
Download this table’s data (CSV, 1KB)
We have identified an error in the calculation of first-time buyer and former owner occupier prices prior to January 2026. We advise caution when comparing breakdowns for first time buyers and former owner occupiers before and after the January 2026 estimates.
7. Funding status
Cash and mortgage indicator for Wales
| Funding status | Average price February 2026 | Monthly change | Annual change | |
|---|---|---|---|---|
| Cash | £210,513 | 0.5% | 2.3% | |
| Mortgage | £210,431 | 0.2% | 2.6% |
Download this table’s data (CSV, 1KB)
8. Repossession sales volume
Due to a period of 2 weeks to 2 months between completion and registration of sales, repossession volume figures for the most recent 2 months are not yet complete, so they are not included in the report.
Repossession sales volume
| Country | Repossession sales volume December 2025 | |
|---|---|---|
| Wales | 7 |
Download the data for England and Wales (CSV, 45KB)
9. 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.
10. 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.
11. Contact for Wales queries
Eileen Morrison, Data Services Team Leader, HM Land Registry
Email eileen.morrison@landregistry.gov.uk
Telephone 0300 006 5288