Wales House Prices Rise 3% as Regional Markets Display Varied Performance

02-10-2025


Northern Ireland continues to dominate UK house price growth, posting a remarkable 9.6% annual increase in the third quarter according to Nationwide Building Society data. This performance significantly outpaces other UK regions, echoing trends seen in border regions of Ireland in recent quarters. The sustained strength in Northern Ireland's property market stands in stark contrast to more modest growth patterns elsewhere in the United Kingdom.

Wales demonstrated steady improvement with annual house price growth accelerating to 3.0% in the third quarter, up from 2.6% in the previous quarter. The average house price in Wales now stands at £213,359, remaining below the UK average of approximately £272,000. Scotland experienced a slowdown in growth to 2.9% from 4.5% in the second quarter, while England saw further deceleration with annual growth dropping to 1.6% from 2.5% in the previous quarter.

Regional disparities within England reveal a clear north-south divide. Northern England, comprising North, North West, Yorkshire & The Humber, East Midlands and West Midlands, recorded average price growth of 3.4% year-on-year. The North region specifically emerged as England's top performer with prices up 5.1% annually. Meanwhile, Southern England saw growth slow to just 0.7%, driven by marked softening in Outer Metropolitan and Outer South East regions, with the latter being the weakest performing area at just 0.3% growth.

Property type performance shows semi-detached homes leading the market with 3.4% annual price growth, followed by detached properties at 2.5% and terraced homes at 2.4%. Flats experienced a slight decline of 0.3% year-on-year and have shown noticeably weaker growth than other property types over the longer term. Robert Gardner, Nationwide's chief economist, noted that despite global economic uncertainties, underlying conditions for potential home buyers remain supportive, with housing market activity likely to strengthen gradually if the broader economic recovery is maintained.

Other news

Kilcoo Claims Historic Seventh Straight Down SFC Title

{'$date': '2025-10-20T11:48:06.133Z'}


Kilcoo secured their place in Down football history on Sunday, capturing an unprecedented seventh consecutive Senior Football Championship title with a 1-17 to 1-11 victory over Carryduff at Pairc Esler. The Magpies delivered their strongest performance of the championship when it mattered most, with Paul Devlin's first-half penalty goal providing crucial separation in a hard-fought contest that saw the throw-in time pushed back to 5pm following a pitch inspection.

The match, originally scheduled for 3:30pm, saw Kilcoo demonstrate the championship experience that has defined their remarkable 12-title run over 13 seasons. Devlin's 22nd-minute penalty strike down the middle proved decisive, with the player explaining his calculated approach: "It was a big moment in the game and it needed to go in, so I didn't want to put it in the corner and the keeper has a chance if diving. I just thought I wanted to hit it hard."

Carryduff, making their first final appearance since losing to Kilcoo in the 2020 decider, mounted a second-half rally but ultimately fell short of claiming what would have been their inaugural Frank O'Hare Cup. The South Belfast club had powered past Burren in the semi-final with their full contingent available, but couldn't overcome Kilcoo's championship pedigree despite showing improved form from their previous final appearance five years earlier.

Devlin expressed satisfaction with the victory amid external skepticism, noting "it's nice to see that people want Kilcoo to fall" while emphasizing the team's resilience. "This one is sweet with how the game played out and the build-up where we were doubted in this year's championship," he told BBC Sport NI. "It just shows the character of this team. Big teams play well in big games and we have that experience to put in those big performances." The win solidifies Kilcoo's status as the dominant force in Down football, achieving a landmark that had eluded them when Burren denied their seventh consecutive title bid in 2018.