Tag: Merthyr Tydfil
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Welsh House Prices Fall But Sales Rise
House prices in Wales have fallen for the first time in months. Bad news if you are selling – you might get less than you hoped. But don’t panic, there’s more to this story… The average price of a house in Wales has dropped by 2.9% to £232,400. This follows a mini-boom after the turmoil…
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Powys House Prices Drop – What’s Happening to the Market?
House prices in Powys have fallen by an average of £11,000 over the past year, according to the latest Land Registry figures. This represents a 4.8% drop in value, making it one of the poorest performing areas in Wales. The average house price in Powys in June was £226,806, down 1.6% from May. Is this…
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Landlords’ Rental Yields Soar in These UK Hotspots
New data from letting agent Lomond reveals that Merthyr Tydfil, Brent, and Hammersmith and Fulham are leading the pack. These areas have seen rental yields jump by a healthy margin over the past year: Other areas with strong gains: Not just a few hot spots: The good news is that every region of England and…
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House Prices Plummet in Merthyr Tydfil as Welsh Property Market Shows Mixed Picture
The average price of a house in Merthyr Tydfil has plummeted by 14.5% in the last year, the biggest drop in Wales. The average house price in the area is now just £129,121, making it the cheapest place to buy a property in Wales. But it’s not all bad news for Welsh homeowners – 13…
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Powys House Prices Dip But Remain Higher Than Last Year
Despite a slight drop in April, house prices in Powys have actually risen slightly over the past year. The average price tag on a property in Powys now stands at £240,056, a tiny 0.1% increase compared to April 2022. This mini dip follows a trend across Wales, with house prices dropping by 2.1% in April.…
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London Houses Plunge in Value – Is Your Area Next?
Forget the national picture, house prices are plummeting in some areas, and it’s not just the big smoke! While the UK average house price has gone up by 1.8% in the last year, things are looking pretty bleak for homeowners in certain hotspots. Where are prices falling the most? London is leading the way down, with…
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Welsh Housing Market Takes a Dip – Prices and Sales Decline
The Welsh housing market has experienced yet another decline. According to the latest data from the Principality Building Society, house prices in Wales have fallen for the fifth consecutive quarter. As of March 2024, the average house price stands at £229,263, marking a significant 6.5% decrease from the previous year. The downturn in housing prices…
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UK House Prices Leap in February – e.surv
February brought with it a welcome surprise for many in the UK housing market, as average house prices jumped by £3,000. This 0.8% increase from January marks the most substantial rise in 17 months, as reported by e.surv, a group of chartered surveyors. This rise means that the average value of homes across the UK…
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Lancashire Hotspots Where House Prices are Still Rising
Lancashire has emerged as a champion in the UK’s property market, with three areas in the county soaring to the top of the list for house price increases. House-selling website Zoopla has identified Rossendale, Blackburn with Darwen, and Burnley as the top performers in the country for house price growth over the past year. This…
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House Prices in Wales Hit Lowest Since 2009
House prices in Wales have plummeted, marking their most dramatic drop since the financial crisis of 2009. As of the end of 2023, the average house price stood at £234,000, a 6% decrease from the record highs seen just a year earlier. This downturn represents not just a momentary dip but a consistent trend, with…