Casnewydd sees highest house price rise of anywhere in U.K.


Casnewydd (Zebroski CC BY-SA 3.0))

A new study has revealed that house prices in Casnewydd have increased more than anywhere else in the UK over the past five years.


The study by Homedit has shown that house prices in the local authority have risen 49.9% in that period.


Casnewydd ranked first on the list, ahead of English local authorities such as Leicester, Salford, Thanet, and the City of Nottingham.


Neighbouring Torfaen ranked second in Cymru and eleventh in the U.K. overall.


Local estate agents have partly attributed the substantial increase in house prices to an influx of people from the Bristol area since the scrapping of the Severn Bridge Tolls in 2018.

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