Wales property prices

The average property price in Wales region is £187k. The average price increased by £2.9k (2%) over the last twelve months. The price of an established property is £183k. The price of a newly built property is £238k. There were 27.7k property sales and sales dropped by 36.4% (-18.5k transactions). Most properties were sold in the £100k-£150k price range with 7307 (26.4%) properties sold, followed by £150k-£200k price range with 5955 (21.5%) properties sold.

December 2019 - November 2020

Wales region

England and Wales

£187k

average property price

£308k

average property price

2%

average price percentage change

4%

average price percentage change

£2.9k

average price change

£12.9k

average price change

Wales house prices map

This price map shows the average property price in a given county between December 2019 - November 2020. The most affordable place was 'Mid Glamorgan' with the average price of £141k. The most expensive place was 'South Glamorgan', £245k.

Wales house prices map

CountyAverage price % of Wales avg. price (£187k)
Clwyd£183k98%
Dyfed£185k99%
Gwent£185k99%
Gwynedd£196k105%
Mid Glamorgan£141k76%
Powys£207k111%
South Glamorgan£245k131%
West Glamorgan£163k87%

Wales house prices compared to other regions

Comparison of the average property price and an average price percentage change by region. Price % change compares the average property price between December 2019 - November 2020 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in region.

Wales house prices compared to other regionsAverage price percentage change
Average property price

Wales house price rank

With the average price of £187k, Wales is the 2. cheapest region out of 10 England and Wales' regions.

Wales house price rank

Wales property sales share by price range

shows a number of properties sold in a given price range between December 2019 - November 2020.

Wales property sales share by price range
Property price rangeMarket shareSales volumes
under £50k1.7%476
£50k-£100k17.9%4.9k
£100k-£150k26.4%7.3k
£150k-£200k21.5%6.0k
£200k-£250k12.7%3.5k
£250k-£300k8.3%2.3k
£300k-£400k7.0%1.9k
£400k-£500k2.5%683
£500k-£750k1.7%471
£750k-£1M0.3%72
over £1M0.1%24

Wales cost comparison of new homes and older homes

December 2019 - November 2020

Wales cost comparison of new homes and older homes

£238k

A newly built property

£183k

An established property

Wales cost comparison of houses and flats

December 2019 - November 2020

Wales cost comparison of houses and flats

£282k

Detached

£135k

Flat

£172k

Semi-Detached

£134k

Terraced

Wales real house prices

Yearly average nominal house prices adjusted for inflation.

Wales real house prices

Wales house prices compared to England & Wales' house prices

Yearly average nominal prices

Wales house prices

Wales house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Wales house prices and nearby regions

Yearly average nominal prices

Wales house prices and nearby regions

Wales house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Wales house prices new vs established

Wales house prices by property type

Yearly average nominal prices

Wales house prices by property type

Wales house price to earnings ratio

The median property price to median earnings ratio in Wales is 5.7. Ie. Wales resident with middle-income needs 5.7 gross annual salaries to buy a medium-priced property. The England and Wales ratio was 7.7 in 2019.
Wales house price to earnings ratio history

RegionMedian house price to median salary ratio in 2019
Wales5.7
North West5.8
West Midlands6.9
England and Wales7.7
South West8.6

Other reports for Wales region

new home prices

property transactions

home energy certificates

home features

energy costs

crime statistics

population statistics

salary and unemployment

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