Wales: the market in figures
Wales recorded 39,247 sales in the window from June 2025 to May 2026, at an average of £216,363. That is 20.8% under the UK figure of £273,037, and only Northern Ireland, at 9.2%, rose faster than Wales's 3.1% this year.
The record opens at £137,657 in 2016 and shows a rise of 57.2%, worth £78,706. Steady gains of 5.1%, 5.3% and 4.5% came first, then 2.8% for 2020, before 2021 added 10.1% and 2022 added 13.3%, the largest move of the run. Just one year went backwards, 2023, by 0.2%. Since then: 1.6%, 1.3%, and 3.1%. The present figure is the highest on record here.
Buying a detached home means £336,551 against £130,206 for a flat, a difference of £206,345, or 158.5%. Semi-detached homes sit at £215,812, terraced at £174,317. The first-time buyer average is £186,313, 13.9% lower than for buyers overall, though Land Transaction Tax offers them no relief.
Of the four covered areas, Cardiff costs the most at £272,443 and has the most sales, 4,383. Powys follows (£237,042), then Wrexham (£215,035) and Flintshire (£214,882). Wrexham gained 3.8%, Flintshire 2.5% and Powys 1.4%.
At the Welsh average a home mover owes no Land Transaction Tax, £0, while an additional property owes £12,091; the HM Land Registry fee is £150. The same price under England's Stamp Duty Land Tax would carry £1,827, under Scotland's LBTT £1,427. Council tax uses bands A to I based on values at 1 April 2003, and the Welsh Government says revaluation every five years will arrive in 2028.
Payotte, from the UK HPI and the calculator.
Calculate for Wales
Frequently asked questions
What is the average house price in Wales?
The average price of a home in Wales was £216,363 in August 2026, +3.1% over twelve months (UK House Price Index).
Have house prices gone up in Wales?
The average price in Wales went from £137,657 in August 2016 to £216,363 in August 2026, a change of +57.2%; +3.1% over the last twelve months (UK House Price Index).
How much Land Transaction Tax on an average-priced home in Wales?
On £216,363, Land Transaction Tax (LTT) comes to £0 for a home mover (Wales has no first-time buyer relief) and £12,091 for an additional property, at the rates in force in Wales.
How much tax when you sell a home in Wales?
None on your main home if it was your only home, lived in for all the time you owned it, not let out and not used exclusively for business (Private Residence Relief). A second home or a buy-to-let pays Capital Gains Tax above the £3,000 allowance (2026 to 2027; rates in the calculator above). Bought at the average price in Wales in August 2016 (£137,657) and sold at the August 2026 average (£216,363), the gain of £78,706 costs a higher rate taxpayer £18,169, before deducting the costs of buying, selling and improving. The tax is reported and paid within 60 days of completion (HMRC).
Prices by property type, August 2026
| Type | Average price | UK |
|---|---|---|
| Detached | £336,551 | £443,846 |
| Semi-detached | £215,812 | £278,675 |
| Terraced | £174,317 | £232,505 |
| Flat or maisonette | £130,206 | £194,148 |
| All types | £216,363 | £273,037 |
| First-time buyers | £186,313 | — |
The UK HPI is a mix-adjusted average (a hedonic model), not the price of the homes sold in the month. Northern Ireland figures are quarterly.
The trend, August of each year
| Year | Average price | Change on the year before |
|---|---|---|
| 2016 | £137,657 | — |
| 2017 | £144,735 | +5.1% |
| 2018 | £152,466 | +5.3% |
| 2019 | £159,275 | +4.5% |
| 2020 | £163,805 | +2.8% |
| 2021 | £180,281 | +10.1% |
| 2022 | £204,218 | +13.3% |
| 2023 | £203,852 | -0.2% |
| 2024 | £207,156 | +1.6% |
| 2025 | £209,851 | +1.3% |
| 2026 | £216,363 | +3.1% |
Areas covered in Wales
Sources
- Prices and sales: UK House Price Index, file UK-HPI-full-file-2026-08.csv. Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.
- Purchase tax: rates and sources of the calculator (Welsh Revenue Authority).
- Tax when you sell: Capital Gains Tax rates, Tax when you sell your home and Report and pay your Capital Gains Tax (GOV.UK, HMRC).