Pembrokeshire Property Prices Decline Amidst Largest Annual Drop in Wales
1 report, 1 independent
Updated Oct 5
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Price data sourced from the UK Land Registry confirms that average house prices in Pembrokeshire fell by 4.7 per cent to £208,615 for the 12 months ending in July. This represented the largest annual decrease across all Welsh local authority areas. During the same period, average house prices in Wales rose by 2.6 per cent to £215,037.
Why it matters
The decline in property values was widespread across Pembrokeshire, affecting all property types. This trend contrasts sharply with the average price increase recorded across the rest of Wales during the same period.
Who's involved
- PembrokeshireCounty whose average property prices experienced the largest annual decline in Wales.
- WalesGeopolitical state whose average property prices rose during the reporting period.
- Pembrokeshire County CouncilLocal government whose economic base is tied to the property market health of the county.
Keep exploring
The entities involved
-
Pembrokeshire
principal area in south-west Wales, United Kingdom
-
Wales
country in north-west Europe, part of the United Kingdom