2.10 Wales — Wales
Wales recorded an average price paid of £240,517 in July 2026, down 2.4% year-on-year. Average monthly rents rose 5.2% to £788, and gross yields expanded by 0.29 percentage points to 3.93%. SA (Swansea) was the only area to record a price rise, while LL (North Wales) recorded the sharpest fall.
Property Prices by Postcode Area
Jul-26 average price by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| CF | Cardiff | £254,952 ▼ 2.5% | £409,215 ▼ 7.3% | £260,675 ▲ 0.7% | £195,772 ▼ 3% | £186,550 ▲ 3.3% |
| LD | Mid Wales | £312,195 ▼ 1.6% | £403,333 ▼ 4.6% | £240,333 ▼ 1.3% | £182,500 ▼ 0.4% | — — |
| LL | North Wales | £216,295 ▼ 10.7% | £294,505 ▼ 14.3% | £195,315 ▼ 5.5% | £147,322 ▼ 8.9% | £109,340 ▼ 24.1% |
| NP | Newport | £248,268 ▼ 1.5% | £406,017 ▼ 3.6% | £249,414 ▲ 7.5% | £180,360 ▲ 1.2% | £156,950 ▲ 16.6% |
| SA | Swansea | £230,015 ▲ 3.3% | £325,383 ▲ 3.7% | £200,101 ▲ 2.9% | £155,867 ▼ 3.5% | £141,055 ▼ 7.7% |
| Wales | £240,517 ▼ 2.4% | £348,276 ▼ 6.1% | £229,565 ▲ 1.8% | £177,557 ▼ 2.7% | £157,691 ▼ 2.1% | |
LL recorded the largest price fall at -10.7% to £216,295, followed by CF at -2.5% and NP at -1.5%. SA was the only area to record growth, up 3.3% to £230,015. LD remains the most expensive area at £312,195, reflecting the premium attached to rural Mid Wales properties.
Average Monthly Rent by Postcode Area
Jul-26 average monthly rent by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| CF | Cardiff | £966 ▲ 3.9% | £1,261 ▲ 3.5% | £989 ▲ 3.9% | £952 ▲ 4.6% | £799 ▲ 3.3% |
| LD | Mid Wales | £626 ▲ 9.5% | £806 ▲ 9.7% | £668 ▲ 9.2% | £614 ▲ 9.9% | £490 ▲ 8.8% |
| LL | North Wales | £743 ▲ 4.5% | £929 ▲ 4.6% | £781 ▲ 4.5% | £717 ▲ 5.1% | £639 ▲ 3.9% |
| NP | Newport | £868 ▲ 3.7% | £1,147 ▲ 3.4% | £909 ▲ 3.7% | £839 ▲ 4.3% | £711 ▲ 3.1% |
| SA | Swansea | £736 ▲ 6.1% | £918 ▲ 6% | £767 ▲ 6.1% | £735 ▲ 6.8% | £619 ▲ 5.5% |
| Wales | £788 ▲ 5.2% | £1,012 ▲ 5.1% | £823 ▲ 5.2% | £771 ▲ 5.8% | £652 ▲ 4.6% | |
LD recorded the strongest rent growth at 9.5% to £626 per month, followed by SA at 6.1%. CF commands the highest average monthly rent in Wales at £966, with NP recording the slowest growth at 3.7%. All five areas recorded positive rent growth.
Gross Rental Yields by Postcode Area
Jul-26 gross yield (annual rent ÷ purchase price) by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| CF | Cardiff | 4.5% ▲ 0.28pp | 3.7% ▲ 0.39pp | 4.6% ▲ 0.14pp | 5.8% ▲ 0.42pp | 5.1% ▲ 0pp |
| LD | Mid Wales | 2.4% ▲ 0.24pp | 2.4% ▲ 0.31pp | 3.3% ▲ 0.32pp | 4.0% ▲ 0.38pp | — — |
| LL | North Wales | 4.1% ▲ 0.6pp | 3.8% ▲ 0.68pp | 4.8% ▲ 0.46pp | 5.8% ▲ 0.78pp | 7.0% ▲ 1.89pp |
| NP | Newport | 4.2% ▲ 0.21pp | 3.4% ▲ 0.23pp | 4.4% ▼ 0.16pp | 5.6% ▲ 0.17pp | 5.4% ▼ 0.71pp |
| SA | Swansea | 3.8% ▲ 0.1pp | 3.4% ▲ 0.07pp | 4.6% ▲ 0.14pp | 5.7% ▲ 0.55pp | 5.3% ▲ 0.66pp |
| Wales | 3.9% ▲ 0.29pp | 3.5% ▲ 0.37pp | 4.3% ▲ 0.14pp | 5.2% ▲ 0.42pp | 5.0% ▲ 0.32pp | |
CF offers the highest gross yield in Wales at 4.55%, with NP at 4.20%. LL recorded the largest yield expansion at +0.60 percentage points to 4.12%, driven by its price fall combined with steady rent growth. LD records the lowest gross yield at 2.41%, reflecting the rural Mid Wales market where purchase prices are relatively high and rental demand is limited.
