House prices go up in one county with more increases expected across region
The figures have been released from Principality Building Society's Wales House Price Index for Q2 2025 (April to June), which demonstrates the rise and fall in house prices in each of the 22 local authorities in Wales.
Wales' largest building society's report also shows that there was also a 5.2% annual increase in average house prices in Flintshire, from the second quarter in 2024, where an average property cost £226,622. In the first quarter of 2025, an average property in Flintshire cost £230,902 - an increase in the second quarter of £7,553. Join the North Wales Live Whatsapp community now
The average price of a home sold in Wales was £238,098 in the second quarter of 2025, showing a 0.7% increase from the same period last year and just 4.6% below its peak of £249,000 at the end of 2022.
Despite ongoing affordability pressures, the steady rise in the number of transactions - which reached over 10,000 in the second quarter (up 13% on last year) - suggests growing buyer confidence despite persistent cost-of-living challenges and elevated rates.
Speaking about the Q2 House Price Index, Iain Mansfield, Chief Financial Officer at Principality Building Society, said: 'The housing market in Wales continued to stabilise in the second quarter of 2025, with prices holding broadly flat compared to the start of the year. Encouragingly, the steady increase in transaction volumes signals increasing confidence among buyers.
"While market conditions remain challenging, a downward trend in mortgage rates is helping to create a more favourable environment for buyers. This shift is contributing to a gradual uplift in consumer confidence as we move into the second half of 2025.'
According to analysis of HM Land Registry data, there were over 10,000 property transactions in Wales during the second quarter. This marks a 13% rise compared to the same period last year, reflecting a trend in year-on-year recovery in property sales.
Flintshire saw higher prices than neighbouring counties Conwy and Denbighshire, which both saw slight drops in average house prices for the second quarter this year. Conwy saw a fall of 1.7%, to £231,282, while Denbighshire's figures fell slightly to £219,004.
However, Wrexham saw a slight increase, on the quarter, with an average price of £217,998 - an increase of 0.2% annually.
Iain added: 'As a business, we remain focused on being part of the solution when it comes to the demand pressures within the Welsh housing market. As of this year, we're proud to support 19 of 32 housing associations in Wales - aiming to remove barriers to help support everyone to have a place to call home.
"As the report demonstrates, price growth has eased this quarter. Looking ahead, we expect the market to gain momentum. A significant factor will be improving affordability which goes hand in hand with consumer confidence increasing - especially for first-time buyers. (This is) driven by falling interest rates and more favourable mortgage terms, likely boosting demand.
"With demand rising and supply remaining a challenge for buyers across the country, we anticipate renewed market activity in the second half of the year.'
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