Parts of Wales See Property Prices Plummet by Over 5% ; but Average Welsh House has Risen by 0.2% in a Year

Summary


HOUSE prices in parts of Wales have plunged by as much as 5.5% in the last 12 months, according to new figures released today.

The figures paint a mixed picture of the state of the nation's housing market, with different areas seeing both large falls and large increases.

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Extract


Parts of Wales See Property Prices Plummet by Over 5% ; but Average Welsh House has Risen by 0.2% in a Year

On the whole, prices have increased by 0.2% since this time last year. However, they fell 1.3% from November 2010.

The average Welsh house is now worth pounds 162,577, c...

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