Wales average house prices rise to £258,000

The average house price in Wales rose to £258,000 in the second quarter of 2026, representing a 0.6% increase from the previous quarter and a 4.0% increase compared to the same period last year. According to the Wales House Price Index released by Principality Building Society, mortgage activity among first-time buyers and home movers has increased following a slower start to the year.

Price growth varied significantly across the region. Anglesey saw the highest annual growth at 22.2%, followed by Wrexham at 16.0% and Caerphilly at 14.7%. Conversely, four local authorities experienced annual declines, led by Ceredigion with a 9.3% drop, followed by Swansea, Merthyr Tydfil, and the Vale of Glamorgan.

Monmouthshire remains the most expensive local authority in Wales with an average price of £387,606. In contrast, Blaenau Gwent was identified as the most affordable area, with an average price of £167,239.