Blaenau Gwent house prices: Average house prices rise by £3,000
House prices in Blaenau Gwent have gone up by an average of more than £3,000 in the month of May, according to figures from the Land Registry.
Blaenau Gwent is one of the cheapest areas to buy a property in the UK despite this month’s increase in prices.
The latest data from the government department reveals that in May 2022 average house prices in Blaenau Gwent reached £132,388.
This was up from £129,107 in April, representing over a 2.5 per cent increase. In the last 12 months it has risen by 22.1 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Blaenau Gwent here.
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses – Up to £228,199 from £224,063 in April
- Semi-detached houses – Up to £148,934 from £145,516 in April
- Terraced houses – Up to £119,642 from £116,406 in April
- Flats – Up to £72,261 from £70,667 in April
Despite the rise in prices this month, Blaenau Gwent is still far below the UK average with typical property value in the nations reaching £283,496 in May.
In cash terms, the average house price in May was £32,210 higher than a year earlier with house price growth accelerating to 12.8 per cent in May 2022. Prices were up by 1.2 per cent month on month.
We have created this map for the Wales so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Blaenau Gwent are the most expensive for average house prices.