Houses for Sale in Wales
House prices in Wales have steadily increased over the last 5 years, and have now fully recovered from the UK housing market’s crash in 2008. The price of properties in the capital has experienced incredible growth and has expanded rapidly, offering a thriving urban metropolis to explore. Wales is still a relatively unappreciated gem, with the average Cardiff home costing less than a third of what a comparable London property would! If you’re seeking a beautiful home on the coast, you’re in luck, because Wales has over 870 miles of space for you to choose from.
Industry in Wales has undergone great change throughout the 20th Century and into the 21st. At the turn of the 20th Century, in the south of Wales the focus was heavily placed upon the coal and steel trades, and in the north the focus was heaped upon the slate industry. Additionally, these two industries and the increased traffic they caused led to a thriving maritime industry. As British manufacturing decreased, Wales was forced to adopt new industries quickly. As such, although the coal and heavy manufacturing industries have now faded away, they have been replaced with more tourism and public services, which are now the main employers within Wales. This growth has resulted in the unemployment rate in Wales being on the decline, and has now fallen below 5%.
Beyond the stunning scenery, industrial heritage and various thriving local cultures, Wales is a fantastic property location for so many reasons. For those seeking a busy city lifestyle Cardiff could be your next dream home, the average house price in Cardiff is under £220,000 as opposed to London’s £660,000 price tag! With that said, the property market in Cardiff is booming with the average house price value in the capital increasing by £43,000 in the last 5 years! But, if you’re not feeling like delving into Cardiff, the whole of Wales boasts an average house price of £179,907 and there are so many beautiful towns and villages to choose from. Furthermore, with a population of 3.1 million, Wales is busy enough that you can meet new people everyday, but equally, you can hide from the crowds easily. No matter where you decide to be in Wales, you’re only ever a couple of hours away from the capital. So, you can explore the country’s incredible beaches on the weekend and enjoy the city thrawl during the week, or vice versa. Although Wales is geographically smaller than the other countries in Great Britain, it’s packed with so much art, history and culture. For something a bit more out there, try visiting the world’s largest yearly Elvis festival, located in the picturesque coastal town of Porthcawl.
If you’ve already found a house you love, you can find out how much your current home is worth with a free, no obligation valuation from Hunters, you can book yours today. Or, if you’re looking for an instant valuation, you can get our free Hometrack Valuation Report worth £19.95! Just fill in a few details and you’ll instantly receive an estimated value for your home.
If you’re thinking of buying or selling in Wales, contact your local Hunters office and find out how we can help you, today.
Whatever your property needs are, Hunters is here to get you there.