Wales

Area Guide For Wales

Wales is a separate country in the United Kingdom, just like Scotland, and is known for its rich history, diversity, cultural liveliness and much more. The country is broadly divided into mainland and its islands, which make for beautiful sceneries, picturesque beaches and a whole lot of tourism. If you love the sea and beaches, you can take a walk on the Wales Coast Path and there is a good variety of wildlife if you appreciate nature. Cardiff and Swansea are the most popular cities in the country, offering a host of entertainment and food options for visitors and residents alike.

 
 

Wales Map

Estimated Price: £176,644
Average Asking Price: £365,746
Price change in last one year: £8,904
Average Price Paid: £153,344
Average Rent Rates: £1,906

 
 

Property Prices Breakdown in Wales

Average Price for property in Wales is around £176,644 which varies based on type of property you are interested in and ranges from £259,754 for detached house to around £155,618 for semi-detached. Similarly terraced house is around £123,242 and a flat is worth £178,342. Values have been changing and have risen £615 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £865 in last 6 months, £8,904 in last 1 year, £12,787 in last 2 years, £12,511 in last 3 years, £11,460 in last 4 years and £7,026 in last 5 years.

Currently average asking price of a property in Wales is around £365,746 based on approximately 33,279 properties for sale. Same is the case with rental options based on 191,033 properties up for rent, average asking rent is around £1,906 per month.

Estimated property value in Wales is £176,644. Average asking price is £365,746 while average price paid is £157,528 which is up by £8,904 and Avg. asking rent £1,906.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Wales area. In last 1 year alone average price buyer paid is around £157,528 based on approximately 33,279 sales in Wales area alone. If you compare it to last 3 years sales of 96,916 properties where buyers paid around £154,068. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £153,344 for 155,059 and average amount paid for purchase of approx. 210,781 properties sold in last 7 years comes to about £153,142 per sale.

 
 

Properties For Sale in Wales

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £141,370, £158,208 for a 2 bedroom house, £227,243 for a 3 bedroom house, £409,622 for a 4 bedroom house and £705,693 for a 5 bedroom house. For a flat similarly the prices varies from £230,222 for a single bedroom to £324,190 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £820,675, £1,712,274 for a 4 bedroom flat and £2,880,701 for a 5 bedroom flat. To sum up the asking prices for properties in Wales it comes to around average £215,673 for 1 bedroom property, £234,585 for 2 bedroom, £273,125 for 3 bedroom, £432,678 for 4 bedroom and £732,905 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £722 for 1 bedroom to £841 for 2 bedrooms, £1,093 for 3 bedrooms, £1,753 for 4 bedrooms and £2,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,173. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,661, £3,190 for 3 bedroom, £4,766 for 4 bedroom and around £5,540 for 5 bedroom flat. You should be generally be expecting around average £1,088 rent per month for single bedroom property, £1,407 for 2 bedroom, £1,713 for 3 bedroom, £2,180 for 4 bedroom and approximately £2,807 for a 5 bedroom property in Wales area.

Popular Houses in Wales

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Wales

Areas in and around Wales