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Welsh house price hike over year - with one county seeing a 17% surge

Wales house prices grew by 6.7% in the year to April 2019 - with average prices now at £163,902

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Wales house prices grew by 6.7% in the year to April 2019 - with average prices now at £163,902.

House prices have increased over the last year in all local authority areas.

Blaenau Gwent showed the strongest growth, increasing by 17.0% to £99,000 in the year to April 2019.

The county still has the lowest houses prices in Wales.

Blaenau Gwent in South Wales. Dominic Lipinski/PA Wire(Image: PA)

The highest prices are in Monmouthshire where average prices are now £260,371.

This strengthening in the annual growth rate for Wales is due to both strong growth between March and April 2019 (2.4%) and falling prices (0.3%) between March and April 2018.

Falling prices between March and April 2018 may be linked to Land Transaction Tax replacing º£½ÇÊÓÆµ Stamp Duty Land Tax in Wales (SDLT) from April 2018.

On a seasonally adjusted basis, average house prices in Wales increased by 1.4% between March 2019 and April 2019.