South Wales Property Market 2015

Story Highlights

  • South Wales had total property sales of £5.285 billion in 2015.
  • Total Number of property sold in South Wales was 29417
  • South Wales average & median property price was £180 K & £138 K pounds respectively.
  • New property contributed 11.54% and not new property 88.63% by sales value.

 

South Wales is the home to Cardiff Capital City of Wales. The principal areas comprising South Wales are Monmouthshire, Torafen, Blaenau Gwent, Newport, Caerphilly, Merthyr Tydfil, Cardiff, Rhondda Cynon Taff, Vale of Glamorgan, Bridgend, Neath Port Talbot, Swansea.

 

 

Total Sales By County

South Wales - Total Sales By County

Out of Total Property Sales of £5.285 billions in South Wales distribution across the principal areas/counties in 2015 are:

  • Cardiff £1.31 billions (24.81%)
  • Swansea £720 millions (13.61%)
  • Vale of Glamorgan £573 millions (10.85%)
  • Rhondda Cynon Taff £466 millions (8.81%)
  • Monmouthshire £462 millions (8.74%)
  • Newport £449 millions (8.5%)
  • Bridgend £386 millions (7.3%)
  • Caerphilly £313 millions (5.92%)
  • Neath Port Talbot £264 millions (4.99%)
  • Torafen £159 millions (3%)
  • Merthyr Tydfil £104 millions (1.98%)
  • Blaenau Gwent £77 millions (1.46%)

 

 

 Total Number Of Sales Count By County

South Wales - Total Number Of Sales Count By County

Out of 29417, Total Number of Property Transactions in South Wales, the distribution at the principal/county areas in 2015:

 

 

 Average & Median Sales Price By County

South wales - Average Sales Price By County

The top half of the table for Average at Principal Area levels in 2015 belongs to Monmouthshire (£ 299 k), Vale Of Glamorgan (£236 k), Cardiff (£223 k) , Swansea (£209 K), Newport (£175 k) with the minimum average value belongs to Blaenau Gwent (£90 k)

South wales - Median Sales Price By County

Similarly for Median Of Sales Price at Principal Area level the top 5 are Monmouthshire (£210 k), Vale Of Glamorgan (£185 k), Cardiff (£170 k), Newport (£145 k), Bridgend (£135 k). The minimum average value belongs to Blaenau Gwent (£76 k).

 

 

 New Vs Not New Property Statistics

South Wales - New Vs Not New Property Statistics

By Value Of Sales

  • New Property Sales Value was £601 millions (11.54%)
  • Not New Property Sales Value was £4684 millions (88.63%) giving South Wales Total Sales Value of £5.285 billions.

By Number Of Sales

  • New Property Sales was 2956 (10.05%)
  • Number of Not New Property Sales was 26461 (89.95%) giving total of 29,417. 

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