Swansea saw the highest rate of house price growth in Wales in 2022 - with its rate of growth being among the highest in the UK. However, Newport in South Wales was among the towns and cities with the weakest annual growth in house prices.
York recorded the strongest house price inflation across England and Wales’s towns and cities in 2022, according to analysis. Over the past year, house prices in the historic Yorkshire city have grown by 23.1%, or £69,648 on average in cash terms, Halifax found.
Since March 2020, the month when the coronavirus lockdowns started in the UK, average house prices in York have surged by 41.9% or £109,457, meaning typical property values there have risen to £370,639. Enveloped within Roman walls, the city’s attractions include York Minster, medieval shopping streets such as the Shambles, historic pubs, the Yorvik Viking Centre and York Dungeon.
