Answers / Fresh Estate & Letting Agents
Are Swansea house prices rising or falling in 2024/2025?
TL;DR: Official UK House Price Index and ONS local data show that average house prices in Swansea have been gently rising through 2024 into 2025, with annual growth of roughly 3–5% in the most recent figures — a steadier pace than the post‑pandemic spikes.
Key points
- Latest ONS snapshot: The ONS local housing tool shows the average Swansea price at around £208k in September 2025, up from about £201k a year earlier (c.3.6% annual rise).
- Wider Wales trend: UK HPI data for Wales shows low‑single‑digit annual growth through 2024 and into 2025.
- Market feel: More normalised conditions compared with 2021/22 — pricing is firmer than during the mini‑budget shock, but buyers remain price‑sensitive.
- Micro‑markets: Popular school areas and coastal spots can still outperform the average; weaker stock or over‑priced listings may need reductions.
- Outlook: With interest rates stabilising and supply improving, modest growth or broadly flat prices are more likely than big swings, subject to wider economic news.
Short explainer
Swansea avoided some of the sharper price drops seen in pricier parts of the UK. ONS figures now show the average local price higher than a year ago, while UK HPI editions for Wales confirm that the market has settled into a slower, more sustainable rate of growth.
For individual streets and property types, the picture can differ. An up‑to‑date market appraisal will factor in very recent local sales, buyer demand in your price bracket, and the condition of your home.
How we know
Links checked 19 Nov 2025. Figures are indicative only and can change; always request a bespoke valuation for your property.
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