Wales Property Market 2015

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

Wales - Total Value of Sales By property TypesThe 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

Wales - Total Number of Sales By Property TypesThe 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 

Wales - 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

Wales - New vs Not New Property statictics

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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