Swansea House Prices Swansea House Prices

The average house price in Swansea is £220,069 using HM Land Registry data.

The average property price increased by £53,175 (30.4%) over the last 5 years and increased by £10,628 (4.89%) over the last 12 months.

Over the last year, there were 1,598 residential property sales – a decrease of 631 transactions (-39.49%) relative to the previous year. The majority of house sales (434) were in the £90,000 - £146,000 range. Then came properties in the £146,000 - £202,000 range, where 420 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 51 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,492 (-3%).

In April 2024, there were 158 new estate agency instructions, 107 agreed home sales and 64 property price reductions.

5-Year Average Property Prices in Swansea

30.4%

Property prices in Swansea increased by 30.4% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Swansea Over the Last Year

4.89%

Property prices in Swansea increased by 4.89% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Swansea - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Swansea

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Swansea

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Swansea

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Swansea since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Swansea area since 1995.

Recent Property Sales in Swansea

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Alder Way, West Cross, Swansea, SA3 5PD£350,000£340,000-£10,00030 Aug 202318 Mar 2024201 Days
25 Whitegates, Mayals, Swansea, SA3 5HW£525,000£503,000-£22,00005 Dec 202311 Mar 202497 Days
132 Manor Road, Manselton, Swansea, SA5 9PW£250,000£240,000-£10,00009 Sep 202307 Mar 2024180 Days
7 Pontyshute, Morriston, Swansea, SA6 8NS£180,000£180,000£0020 May 202306 Mar 2024291 Days
7 Heol Broch, Birchgrove, Swansea, SA7 9PG£285,000£269,000-£16,00012 Oct 202305 Mar 2024145 Days
Flat 18, Maxime Court, Gower Road, Sketty, Swansea, SA2 9FB£69,950£60,000-£9,95012 Jul 202329 Feb 2024232 Days
22 Danygraig Road, Port Tennant, Swansea, SA1 8LY£160,000£160,000£0004 Aug 202323 Feb 2024203 Days
3 Haulwen Road, Cockett, Swansea, SA2 0GG£235,000£235,000£0006 Jul 202323 Feb 2024232 Days
351 Heol Gwyrosydd, Penlan, Swansea, SA5 7BP£150,000£150,000£0018 Nov 202322 Feb 202496 Days
25 Garth View, Ynysforgan, Swansea, SA6 6RN£220,000£220,000£0029 Nov 202316 Feb 202479 Days
14 Beaumont Crescent, St Thomas, Swansea, SA1 8DW£140,000£133,000-£7,00027 Nov 202316 Feb 202481 Days
116 Carmel Road, Winch Wen, Swansea, SA1 7LB£170,000£169,800-£20017 Nov 202316 Feb 202491 Days
7 West Cross Lane, West Cross, Swansea, SA3 5LR£160,000£155,000-£5,00011 Sep 202316 Feb 2024158 Days
630 Mumbles Road, Mumbles, Swansea, SA3 4EA£299,995£285,000-£14,99523 Nov 202314 Feb 202483 Days
18 Cross Acre, West Cross, Swansea, SA3 5NW£180,000£167,500-£12,50017 Nov 202212 Feb 2024452 Days
5 Gullivers Close, West Cross, Swansea, SA3 5AG£320,000£312,500-£7,50027 Oct 202312 Feb 2024108 Days
28 Golwg Y Waun, Birchgrove, Swansea, SA7 0HE£350,000£345,000-£5,00015 Sep 202309 Feb 2024147 Days
Flat 4, Tor House, Rotherslade Road, Langland, Swansea, SA3 4QW£360,000£350,000-£10,00013 Sep 202309 Feb 2024149 Days
3 Rhyd Y Glyn, Llansamlet, Swansea, SA7 9XG£180,000£170,000-£10,00006 Nov 202302 Feb 202488 Days
19 Trallwn Road, Llansamlet, Swansea, SA7 9XP£180,000£175,000-£5,00007 Nov 202302 Feb 202487 Days

Most Expensive Streets in Swansea

PostcodeStreetAreaAverageNo. of Sales
SA3 4SFLangland GroveMumbles£1,087,5004
SA2 7AEGower RoadKillay£972,5004
SA3 4PFCambridge CloseLangland£947,5254
SA3 4SNColtshill DriveNewton£878,3333
SA3 5DQSherborne WalkBlackpill£839,1254
SA3 4SWNewton RoadNewton£835,0003
SA3 4SDCaswell RoadCaswell£749,0005
SA2 8DDThe BrynSketty£723,0836
SA3 4UFSlade RoadNewton£700,0003
SA3 5TSWest Cross AvenueWest Cross£686,7857

Least Expensive Streets in Swansea

PostcodeStreetAreaAverageNo. of Sales
SA1 4DWHomegower HouseSt Helens Road£54,4156
SA1 1RLPembroke BuildingsCambrian Place£57,0717
SA1 6YNJones TerraceSwansea£60,1663
SA1 1JGCastle StreetSwansea£62,1005
SA1 4DLHomegower HouseSt Helens Road£65,41612
SA1 4DNHomegower HouseSt Helens Road£65,45511
SA1 4DHHomegower HouseSt Helens Road£70,24616
SA1 4QXDumbarton House CourtBrynymor Crescent£70,6003
SA1 6HRHarries StreetSwansea£72,3333
SA1 7AEGrenfell TownBonymaen£72,3754

Explore Swansea and Neighbouring Area House Prices