Rural house prices soar in Cymru


Rural house (Image: Gwalia)

The average price of a rural house in Cymru has risen substantially over the last year, according to figures analysed by Hamptons estate agency for the Guardian.


Rural house prices have increased by a staggering 27.8% in Casnewydd— more than any other local authority.


Rural house prices have also increased by between 20% and 25% in Bro Morgannwg, Abertawe, and Sir Gâr.


Prices have also increased by between 15% and 20% in the border counties of Powys, Wrecsam, Sir y Fflint, and Sir Ddinbych.


Casnewydd


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


The study by Homedit showed that house prices in the local authority had risen by 49.9% in that period.


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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