Wales has seen house prices rise by 3% over the past year, according to the latest Nationwide House Price Index. The average price of a home in Wales now stands at £213,359, up from 2.6% growth in the previous quarter.
The data, covering July to September 2025, shows that Wales is outperforming England, where annual house price growth slowed to 1.6%. Scotland recorded a 2.9% rise, while Northern Ireland remained the strongest performer across the UK with growth of 9.6%.
Robert Gardner, Nationwide’s Chief Economist, said the market has remained resilient despite wider economic pressures. “The broad stability in the annual rate of house price growth over the past three months mirrors that of activity. Underlying conditions for potential home buyers remain supportive.”
Across the UK, the average house price is now £272,819, a 2.3% rise compared with last year. Wales remains one of the more affordable regions, with prices still below the UK average despite consistent year-on-year growth.
The figures suggest steady demand in the Welsh market, supported by strong household incomes and expectations that borrowing costs may ease in the months ahead.
Commenting on the latest Nationwide House Price Index, Paul Wood, Director at Thomas H Wood, said:
“Nationwide’s report shows that Wales has seen annual growth of 3%, which is encouraging, but Cardiff continues to outperform the Welsh average. With the city’s average property price at £268,000 compared to £213,359 across Wales, demand remains strong, particularly for detached and semi-detached homes.
The combination of steady growth highlighted by Nationwide and our own figures for Cardiff shows a market that is both resilient and competitive. For buyers, the fact that house price growth is slowing in line with earnings makes affordability more realistic, while sellers can take confidence that well-presented homes are still attracting serious offers.
Whether buying, selling or renting, the opportunity is there – but the key is getting the right advice to navigate the market at the right time.”
