The price rise in Ceredigion is one of the highest percentage increases in the entirety of the UK over the month.

The latest data from the government department reveals that in August 2022 average house prices in Ceredigion reached £266,799.

This was up from £254,293 in July, representing a 4.9 per cent increase. In the last 12 months it has risen by 21.5 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Ceredigion here.

How much have house prices increased in Ceredigion?

Breaking it down for specific types of housing, all prices saw an increase.

• Detached houses - Up to £343,369 from £326,907 in July
• Semi-detached houses - Up to £224,323 from £213,980 in July
• Terraced houses - Up to £193,619 from £184,802 in July
• Flats - Up to £122,585 from £117,169 in July

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How do Ceredigion house prices compare to the UK average?

Despite the rise in prices this month, Ceredigion is still  below the UK average with typical property value in the nations reaching £295,903 in August.

In cash terms, the average house price in August was £35,473 higher than a year earlier with house price growth accelerating to 13.6 per cent in August 2022.  Prices were up by 0.9 per cent month on month.

How much could your house be worth?

We have created this map for the Wales so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Ceredigion are the most expensive for average house prices.