Welsh house price have risen by 11.6% on average over the past 12 months, according to figures from the Halifax House Price Index. This compares with an increase of 7.1% for the UK as a whole.
This means that the average house price in Cymru now stands at £192,928.
The average UK property price hit a record high of £262,954— which is more than £23,000 higher than when the housing market started to reopen in June 2020.
The average property price in Cymru is higher than it is in Scotland, Northern Ireland, and the English regions of Yorkshire and Humber and North East England.
Average house prices and annual price growth in August, according to Halifax:
East Midlands (England), £218,112, 8.7%
Eastern England, £306,169, 7.3%
London, £508,503, 1.3%
North East England, £154,629, 8.0%
North West England,, £201,143, 9.5%
Northern Ireland, £165,032, 9.3%
Scotland, £185,953, 8.4%
South East England, £356,742, 6.8%
South West England, £272,719, 9.6%
Cymru, £192,928, 11.6%
West Midlands (England), £222,830, 7.4%
Yorkshire and the Humber (England), £184,918, 9.1%