Wales has always been a popular place to live and that fact was only heightened during and after the coronavirus lockdowns when many people’s lives changed forever. Priorities changed as did people’s ability to work from home making that dream home far away from the office that bit more accessible.
The latest house price across the UK is now £281,161, with the figure in Wales just above £240,000. In recent weeks there was a modest slowing down of the average house price, according to Nationwide Building Society, with June seeing house prices increase by 10.7% year-on-year compared to 11.2% the previous month. However Wales still led the way as the UK nation with the highest annual year-on-year increase. You can read more about that here.
While you can still pick up a property bargain in Wales there are also plenty of luxurious properties that cost considerably more and many of them have been sold in the past three months. The most expensive one went for almost £2m and is located in Anglesey. You can get the latest WalesOnline newsletters emailed to you directly for free by signing up here.