Accredited official statistics

UK House Price Index Wales: April 2020

Published 19 August 2020

Applies to England and Wales

1. Headline statistics for April 2020

The average price of a property in Wales was 拢169,489

The annual price change of a property for Wales was 5.0%

The monthly price change of a property for Wales was 0.6%

The index figure for Wales (January 2015 = 100) was 124.5

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 May 2020 UK HPI will be published at 9.30am on Wednesday 2 September 2020. See the provisional publication schedule for more information.

2. Economic statement

Wales house prices increased by 5.0% in the year to April 2020, down from 5.4% in the year to March 2020. Wales house prices were growing faster than UK annual rate of 2.6% in the year to April 2020. On a non-seasonally adjusted basis average house prices in Wales increased by 0.6% between March 2020 and April 2020, compared with an increase of 1.0% during the same period a year earlier (March 2019 and April 2019). On a seasonally adjusted basis, average house prices in Wales increased by 0.3% between March 2020 and April 2020.

In Wales, 21 out of 22 local authority areas showed an increase in average prices in April 2020 when compared with April 2019. In April 2020, the most expensive area to live in was Monmouthshire, where the cost of an average house was 拢267,831. In contrast, the cheapest area to purchase a property was Blaenau Gwent, where an average house cost 拢87,693.

Of all property types, terraced houses showed the biggest annual growth, rising by 7.2% in the year to April 2020, to 拢134,051. The smallest annual growth of all property types was for flats and maisonette, with a decrease of 1.1% in the year to April 2020 to 拢112,239.

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鈥檚 set of house price data.

3. Price change

3.1 Annual price change

Annual price change for Wales over the past 5 years

A chart showing the annual price change for Wales over the past 5 years.

(CSV, 1KB)

In Wales, average prices increased by 5.0% in the year to April 2020 (down from 5.4% in March 2020).

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 April 2020 April 2019 Difference
Blaenau Gwent 拢87,693 拢92,884 -5.6%
Bridgend 拢155,595 拢150,258 3.6%
Caerphilly 拢143,281 拢136,099 5.3%
Cardiff 拢211,331 拢208,016 1.6%
Carmarthenshire 拢156,710 拢146,773 6.8%
Ceredigion 拢187,868 拢183,190 2.6%
Conwy 拢173,675 拢166,552 4.3%
Denbighshire 拢161,013 拢151,365 6.4%
Flintshire 拢175,732 拢164,294 7.0%
Gwynedd 拢161,973 拢156,762 3.3%
Isle of Anglesey 拢174,574 拢170,908 2.1%
Merthyr Tydfil 拢118,991 拢105,473 12.8%
Monmouthshire 拢267,831 拢263,261 1.7%
Neath Port Talbot 拢123,933 拢116,241 6.6%
Newport 拢188,092 拢182,919 2.8%
Pembrokeshire 拢182,758 拢169,867 7.6%
Powys 拢185,480 拢183,448 1.1%
Rhondda Cynon Taf 拢126,785 拢109,601 15.7%
Swansea 拢159,031 拢147,573 7.8%
Torfaen 拢164,568 拢146,072 12.7%
Vale of Glamorgan 拢223,524 拢223,368 0.1%
Wrexham 拢160,699 拢157,243 2.2%
Wales 拢169,489 拢161,456 5.0%

(CSV, 1KB)

Average price by local authority for Wales

The heat map is unavailable due to the impact of the ongoing coronavirus pandemic on operational services.

In April 2020, the most expensive area to purchase a property was Monmouthshire, where the average cost was 拢268,000. In contrast, the cheapest area to purchase a property was Blaenau Gwent, where the average cost was 拢88,000.

3.2 Average price change by property type

Average price change by property type for Wales

Property type April 2020 April 2019 Difference
Detached 拢253,393 拢243,846 3.9%
Semi-detached 拢164,188 拢156,028 5.2%
Terraced 拢134,051 拢125,083 7.2%
Flat or maisonette 拢112,239 拢113,448 -1.1%
All 拢169,489 拢161,456 5.0%

(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 two 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

Sales volumes for Wales by local authority

Local authorities February 2020 February 2019
Blaenau Gwent 78 66
Bridgend 150 158
Caerphilly 157 154
Cardiff 313 408
Carmarthenshire 143 183
Ceredigion 57 81
Conwy 126 140
Denbighshire 99 118
Flintshire 155 157
Gwynedd 117 111
Isle of Anglesey 72 78
Merthyr Tydfil 37 43
Monmouthshire 76 85
Neath Port Talbot 119 136
Newport 174 191
Pembrokeshire 123 173
Powys 111 134
Rhondda Cynon Taf 233 237
Swansea 205 220
Torfaen 87 95
Vale of Glamorgan 136 132
Wrexham 92 107
Wales 2,863 3,207

Note: The estimate for February 2020 is calculated based on around 85% of the final registered transactions. The number of property transactions for February 2020 will increase as more transactions are incorporated into the index. See our Revisions Policy for more information.

Due to the impact of the coronavirus pandemic, the number of transactions for February 2020 are not directly comparable to the provisional estimate of the number of transactions for February 2019 in England and Wales. UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period) report that on a non-seasonally adjusted basis, volume transactions increased by 1.8% in Wales in the year to February 2020.

(CSV, 1KB)

4.2 Sales volumes

Sales volumes for Wales over the past 5 years

Date Sales volumes for Wales
February 2016 3,215
February 2017 3,225
February 2018 3,276
February 2019 3,207
February 2020 2,863

(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 two 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.

New build and existing resold property for Wales

Property status Average price February 2020 Monthly change Annual change
New build 拢227,230 -1.4% 4.5%
Existing resold property 拢162,911 2.1% 4.7%

(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 April 2020 Monthly change Annual change
First time buyer 拢147,239 1.1% 5.6%
Former owner occupier 拢195,068 0.0% 4.3%

(CSV, 1KB)

7. Funding status

Cash and mortgage indicator for Wales

Funding status Average price April 2020 Monthly change Annual change
Cash 拢163,014 -0.2% 3.8%
Mortgage 拢173,229 0.9% 5.6%

(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 February 2020
Wales 43

(CSV, 7KB)

9. Access the data

Download the data as CSV files or access it with .

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 天美影院 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, , and the Valuation Office Agency.

Find out more about the UK House Price Index.

11. Contact for Wales queries

Eileen Morrison, Data 天美影院 Team Leader, HM Land Registry

Email eileen.morrison@landregistry.gov.uk

Telephone 0300 006 5288