First Quarter 2005
Property
Hotspots for IN WALES (ALL PROPERTIES)
Prices shown in the tables below are arithmetic average prices of
houses on which an offer of mortgage has been granted. These prices can
change in the sample from quarter to quarter. Towns
& authorities in red are current hotspots
|
TOWN
|
AVERAGE HOUSE
PRICE - £
2004*
|
AVERAGE HOUSE
PRICE - £
2005*
|
%
CHANGE
|
|
Aberdare
|
75,371
|
81,655
|
8%
|
|
Barry
|
131,861
|
140,762
|
7%
|
|
Blackwood
|
98,385
|
138,569
|
41%
|
|
Bridgend
|
119,781
|
130,921
|
9%
|
|
Caerphilly
|
111,563
|
132,089
|
18%
|
|
Caldicot
|
156,480
|
164,601
|
5%
|
|
Cardiff
|
145,216
|
167,692
|
15%
|
|
Colwyn
Bay
|
136,020
|
171,129
|
26%
|
|
Cwmbran
|
116,223
|
145,046
|
25%
|
|
Deeside
|
106,723
|
135,200
|
27%
|
|
Ebbw-Vale
|
73,295
|
104,126
|
42%
|
|
Haverfordwest
|
147,083
|
150,257
|
2%
|
|
Holyhead
|
83,646
|
111,199
|
33%
|
|
Llanelli
|
94,587
|
125,852
|
33%
|
|
Merthyr
Tydfil
|
75,275
|
99,302
|
32%
|
|
Neath
|
88,477
|
119,678
|
35%
|
|
Newport Gwent
|
115,552
|
136,916
|
18%
|
|
Pontyclun
|
138,511
|
166,556
|
20%
|
|
Pontypool
|
88,797
|
115,362
|
30%
|
|
Pontypridd
|
105,698
|
128,748
|
22%
|
|
Port-Talbot
|
71,653
|
99,962
|
40%
|
|
Rhyl
|
104,419
|
119,441
|
14%
|
|
Swansea
|
118,505
|
134,087
|
13%
|
|
Wrexham
|
136,479
|
148,104
|
9%
|
|
Local Authority
|
AVERAGE HOUSE
PRICE - £
2004**
|
AVERAGE HOUSE
PRICE - £
2005**
|
%
CHANGE
|
|
Blaenau
Gwent
|
66,417
|
88,558
|
33%
|
|
Bridgend
|
110,976
|
125,888
|
13%
|
|
Caerphilly
|
91,850
|
119,263
|
30%
|
|
Cardiff
|
142,483
|
165,298
|
16%
|
|
Carmarthenshire
|
109,582
|
139,452
|
27%
|
|
Ceredigion
|
143,213
|
160,813
|
12%
|
|
Conwy
|
130,075
|
157,569
|
21%
|
|
Denbighshire
|
117,205
|
132,537
|
13%
|
|
Flintshire
|
123,824
|
150,478
|
22%
|
|
Gwynedd
|
104,579
|
135,332
|
29%
|
|
Isle of Anglesey
|
114,090
|
148,309
|
30%
|
|
Merthyr Tydfil
|
73,284
|
94,290
|
29%
|
|
Monmouthshire
|
169,864
|
189,930
|
12%
|
|
Neath Port Talbot
|
80,961
|
111,211
|
37%
|
|
Newport
|
122,307
|
142,344
|
16%
|
|
Pembrokeshire
|
138,129
|
161,658
|
17%
|
|
Powys
|
144,387
|
182,858
|
27%
|
|
Rhondda, Cynon, Taff
|
88,210
|
103,395
|
17%
|
|
Swansea
|
118,381
|
133,112
|
12%
|
|
The Vale of Glamorgan
|
149,250
|
178,148
|
19%
|
|
Torfaen
|
107,364
|
130,045
|
21%
|
|
Wrexham
|
134,604
|
144,871
|
8%
|
Here you will find a general overview of the area
"The housing market hot spots in Wales
are currently Ebbw Vale with a 42% increase to £104,126; Blackwood, a 41% gain
to £138,569 and Port Talbot, a 43% rise to £99,962. These are
amongst the strongest house price increases seen in the UK. The smallest rise was seen in Haverfordwest,
a 2% increase to £150,257.
The most expensive towns in Wales
are now Colwyn Bay (£171,129), Cardiff (£167,692), Pontyclun (£166,556)
and Caldicot (£164,601). The least expensive Welsh
town is Aberdare (£81,655).
First time buyers are struggling to buy
properties in many Welsh towns and this has been a key factor behind the market's slowdown. Chepstow,
Penarth and Mold are amongst the worst affected areas. However,
this has also led to first-time buyers looking further afield. Those areas with lower house prices have generally seen faster
price growth, partly of their relative attraction to first time buyers. The type
of housing stock and low cost makes areas, such as Ebbw, Neath and Llanelli, the hottest
spots in Wales."
|
