29. September 2016 21:31
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VInsights Team
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Wales
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For 2016 details - Wales Property Market 2016
Story Highlights
- Wales had total property sales of £8.37 billion in 2015 spread over 47,710 properties.
- It was £58.35 million increase over 2014, which is 7.5% growth.
- In 2015 average property price in Wales was £177 k and median price of £140 k
- The average property price went up by £7 k and median by £4 k over 2014
- New property sales in 2015 was £877 millions (10.47%) & Not New Property Sales Value was £7493 millions (89.53%)
Total Value of Sales By Property Types
The total sales value of £8.37 billion by property types in Wales 2015 are:
- Detached £3.29 billions (39.41%)
- Semi- Detached £1.9 billions (22.76%)
- Terraced £1.85 billions (22.05%)
- Flat/Maisonette £478 millions (5.72%)
- Other £841 millions (10.05%)
Total Number of Sales By Property Types
The total number of property transactions in Wales 2015 was 47,170.
- Terraced 15,488 (32.83%)
- Detached 13,962 (29.62%)
- Semi-Detached 13,073 (27.71%)
- Flat/Maisonette 3,853 (8.17%)
- Other 794 (1.68%)
Average & Median Sales Price
The average sales price by property types in Wales 2015 are:
- Other £1.06 million
- Detached £236 k
- Semi-Detached £146 k
- Flat/Maisonette £124 k
- Terraced £119 k
The median sales price by property types are:
- Other £ 230 k
- Detached £213 k
- Semi-Detached £134 k
- Flat/Maisonette £112 k
- Terraced £107 k
New Vs Not New Property Statistics
Out of Total Sales of £8.37 billions in Wales 2015
- New Property Sales Values was £877 millions (10.47%)
- Not New Property Sales Value was £7493 millions (89.53%)
Similarly Total Number Of Property Sales in Wales was 47,170
- New Property Sales was 4401 (9.33%)
- Number of Not New Property Sales was 42769 (90.67%).
We will further drill down by region, county in later posts to gain further insights !
All Wales Post
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