The average house price in Wales has increased since 2015, with minor fluctuations over time. The house price index is calculated using data on housing transactions and measures the development of house prices, with 2023 chosen as a base year when the index value is set to 100. In May 2025, the house price index reached 103.8 index points, meaning that house prices have grown by 3.8 percent since January 2023 and 5.1 percent since May 2024. Among the different regions in the UK, the West and East Midlands experienced the strongest growth.

Summary of UK House Price Index (HPI) price statistics covering England, Scotland, Wales and Northern Ireland. Full UK HPI data are available on GOV.UK.

This file includes a derived back series for the new UK HPI. Under the UK HPI, data is available from 1995 for England and Wales, 2004 for Scotland and 2005 for Northern Ireland. A longer back series has been derived by using the historic path of the Office for National Statistics HPI to construct a series back to 1968.

House prices in the UK rose dramatically during the coronavirus pandemic, with growth slowing down in 2022 and turning negative in 2023. The year-on-year annual house price change peaked at 14 percent in July 2022. In April 2025, house prices increased by 3.5 percent. As of late 2024, the average house price was close to 290,000 British pounds. Correction in housing prices: a European phenomenon The trend of a growing residential real estate market was not exclusive to the UK during the pandemic. Likewise, many European countries experienced falling prices in 2023. When comparing residential property RHPI (price index in real terms, e.g. corrected for inflation), countries such as Germany, France, Italy, and Spain also saw prices decline. Sweden, one of the countries with the fastest growing residential markets, saw one of the largest declines in prices. How has demand for UK housing changed since the outbreak of the coronavirus? The easing of the lockdown was followed by a dramatic increase in home sales. In November 2020, the number of mortgage approvals reached an all-time high of over 107,000. One of the reasons for the housing boom were the low mortgage rates, allowing home buyers to take out a loan with an interest rate as low as 2.5 percent. That changed as the Bank of England started to raise the base lending rate, resulting in higher borrowing costs and a decline in homebuyer sentiment.

Summary statistics for housing transactions by local authority in England and Wales, on an annual basis, updated quarterly using HM Land Registry Price Paid Data. Select values from the Year and Month dimensions for data for a 12-month period ending that month and year (e.g. selecting June and 2018 will return the twelve months to June 2018).

Median price paid for residential property in England and Wales, for all property types by lower layer super output area. Annual data..

Median price paid for residential property in England and Wales, by property type and administrative geographies. Annual data.

Median price paid for residential property in England and Wales by property type and electoral ward. Annual data.

The official UK House Price Index produced by HM Land Registry, covering completed sales across England, Scotland, Wales, and Northern Ireland.

Affordability ratios calculated by dividing house prices by gross annual residence-based earnings. Based on the median and lower quartiles of both house prices and earnings in England and Wales.

The UK House Price Index (UK HPI) is an official statistic that captures changes in the value of residential properties in the United Kingdom. The UK HPI is calculated by the Office for National Statistics and Land & Property Services Northern Ireland. Data for the UK House Price Index is provided by HM Land Registry, Registers of Scotland, Land & Property Services Northern Ireland and the Valuation Office Agency. Geographic coverage England, Scotland, Wales and Northern Ireland License statement UK HPI data is published under Open Government Licence. When using or publishing data from the UK HPI reports, background tables in the statistical datatset: UK House Price Index: data downloads or search tool, you will need to add the following attribution statement: Contains HM Land Registry data © Crown copyright and database right [year of supply or date of publication]. This data is licensed under the Open Government Licence v3.0. When you publish the data, be sure to include information about the nature of the data and any relevant dates for the period of time covered. Neither HM Land Registry nor any third party shall be liable for any loss or damage, direct, indirect or consequential, arising from: any inaccuracy or incompleteness of the data in the UK HPI any decision made or action taken in reliance upon the data Neither shall HM Land Registry or any third party be liable for loss of business resources, lost profits or any punitive indirect, consequential, special or similar damages whatsoever, whether in contract or tort or otherwise, even if advised of the possibility of such damages being incurred.

The Price Index of Private Rents (PIPR) in England, Wales, and Scotland has shown significant growth, with Scotland reaching an index value of ***** points in January 2025, indicating an increase of **** percent since the baseline year of January 2023. The IPHRP measures the change in price of renting residential property from private landlords, based on an index value of 100 in January 2023. The IPHRP saw the highest growth in Wales, reaching ***** index points in January 2025 and suggesting an increase in private rents amounting to **** percent since the baseline year.

United Kingdom HPI: Qtr: Wales data was reported at 317.963 1Q1993=100 in Jun 2018. This records an increase from the previous number of 313.847 1Q1993=100 for Mar 2018. United Kingdom HPI: Qtr: Wales data is updated quarterly, averaging 104.691 1Q1993=100 from Dec 1973 (Median) to Jun 2018, with 179 observations. The data reached an all-time high of 320.038 1Q1993=100 in Jun 2007 and a record low of 18.489 1Q1993=100 in Dec 1973. United Kingdom HPI: Qtr: Wales data remains active status in CEIC and is reported by Nationwide. The data is categorized under Global Database’s UK – Table UK.EB005: House Price Index: Nationwide.

United Kingdom HPI: Qtr: First Time Buyer: Wales data was reported at 348.042 1Q1993=100 in Sep 2018. This records a decrease from the previous number of 348.326 1Q1993=100 for Jun 2018. United Kingdom HPI: Qtr: First Time Buyer: Wales data is updated quarterly, averaging 138.231 1Q1993=100 from Mar 1983 (Median) to Sep 2018, with 143 observations. The data reached an all-time high of 360.509 1Q1993=100 in Jun 2007 and a record low of 50.082 1Q1993=100 in Mar 1983. United Kingdom HPI: Qtr: First Time Buyer: Wales data remains active status in CEIC and is reported by Nationwide. The data is categorized under Global Database’s United Kingdom – Table UK.EB005: House Price Index: Nationwide.

Mean price paid for residential property in England and Wales, for all property types and by lower layer super output area. Annual data.