Wales House Prices & Affordability
Monthly data sourced from HM Land Registry UK House Price Index and ONS Housing Affordability. Last updated: .
Avg Price
£208,197
▼ trending
Annual Change
+3%
Moderate annual price growth
HPER (2024)
5.9×
House price ÷ median earnings
Overall Score
65/100
vs all UK regions
24-Month Price Trend
Average house price — monthly, HM Land Registry
Affordability Analysis
Wales is one of the most affordable regions in the UK and prices are rising — a strong window for first-time buyers.
The house price to earnings ratio (HPER) of 5.9× means a median-priced home costs roughly 5.9 times the local median annual salary (data year: 2024). The UK average is typically 7–9×, with London often exceeding 12×.
At an average price of £208,197, Wales scores 86/100 for affordability — highly affordable relative to other uk regions. Prices have changed by +3% over the past 12 months (moderate annual price growth).
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Frequently Asked Questions
- What is the average house price in Wales in 2026?
- The current average house price in Wales is £208,197, based on the latest HM Land Registry UK House Price Index. Prices have changed by +3% over the past 12 months.
- Is Wales affordable for first-time buyers?
- Wales has a house price to earnings ratio (HPER) of 5.9×, meaning the average property costs roughly 5.9 times the local median annual salary. Highly affordable relative to other UK regions. The UK average HPER is typically 7–9×.
- How have house prices changed in Wales over the past year?
- Wales house prices rose by 3.0% over the past 12 months to an average of £208,197, according to HM Land Registry data updated monthly.
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