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Welsh house prices rise 13% since first lockdown— higher than anywhere else in UK


Cwmfelinfach (Image: Gwalia).

The average house price in Cymru has risen a staggering 13% since the first coronavirus lockdown in March 2020, according to figures from the listings website Rightmove.


The increase has been attributed to a so-called "race for space", as buyers have adjusted their lifestyles as a result of the pandemic.


According to Rightmove, the average house price in Cymru rose by 2.6% in April alone to reach £220,774.


In February, the Principality building society revealed that the average house price in Cymru had exceeded £200,000 for the first time.

Recently, a new study by Homedit has also shown that house prices in Casnewydd have increased more than anywhere else in the UK over the past five years.


Neighbouring Torfaen ranked second in Cymru and eleventh in the UK overall.

 

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