Nation

Buying a home in Wales: prices and purchase tax

Average prices of the UK House Price Index (HM Land Registry, Registers of Scotland, Land & Property Services and ONS), July 2026, all property types. 38,997 sales over the latest twelve months with complete volumes.

In short

In July 2026, the average price of a home in Wales was £215,037, +2.6% over twelve months (21% below the UK average). At that price, a home mover pays £0 in Land Transaction Tax, plus £150 of HM Land Registry fee.

Calculate for Wales

If you buy

Land Transaction Tax and registration in Wales

Rates of Welsh Revenue Authority, set at the average price in Wales (July 2026). Change any field: the amounts are recalculated instantly.

Rates appliedstandard rates
Land Transaction Tax£0
Share of the price0%
HM Land Registry fee (online application)£150
Total, tax and registration£150
Return and payment30 days

Residential purchase by an individual. Not included: conveyancer, survey and lender fees (no official scale). No mortgage figure: Payotte has no official UK mortgage rate to apply. All the rates and sources.

If you sell

Capital Gains Tax on the sale

Your main home, lived in for all the time you owned it: no tax (Private Residence Relief). A second home or a buy-to-let: Capital Gains Tax, same rates in all four nations.

Gain£76,462
Taxable after the £3,000 allowance£73,462
Rate24%
Capital Gains Tax£17,631

Report and pay within 60 days of completion. Assumes no other gains this tax year and the whole £3,000 allowance unused (2026 to 2027).

Default example: bought at the average price in Wales in July 2016 (£138,575), sold at the July 2026 average (£215,037), UK House Price Index. Rates for 2026 to 2027: 24% for higher and additional rate taxpayers; for basic rate taxpayers, 18% on the part of the gain that fits in the £37,700 basic Income Tax band once added to taxable income (income minus Personal Allowance), 24% above (HMRC). Gain = sale price − purchase price − costs of buying, selling and improving; Payotte does not estimate those costs (no official scale). GOV.UK: Capital Gains Tax rates · Tax when you sell your home.

The questions, answered

What is the average house price in Wales?

The average price of a home in Wales was £215,037 in July 2026, +2.6% over twelve months (UK House Price Index).

How much does a flat or a house cost in Wales?

In July 2026, the average price in Wales was £336,301 for a detached house, £215,065 for a semi-detached house, £172,261 for a terraced house, £128,586 for a flat (UK House Price Index).

What do first-time buyers pay in Wales?

First-time buyers paid £184,649 on average in Wales in July 2026, against £215,037 for all buyers (UK House Price Index).

Have house prices gone up in Wales?

The average price in Wales went from £138,575 in July 2016 to £215,037 in July 2026, a change of +55.2%; +2.6% over the last twelve months (UK House Price Index).

How much Land Transaction Tax on an average-priced home in Wales?

On £215,037, Land Transaction Tax (LTT) comes to £0 for a home mover (Wales has no first-time buyer relief) and £11,978 for an additional property, at the rates in force in Wales.

How much tax when you sell a home in Wales?

None on your main home if it was your only home, lived in for all the time you owned it, not let out and not used exclusively for business (Private Residence Relief). A second home or a buy-to-let pays Capital Gains Tax, at the same rates in all four nations: 24% for a higher or additional rate taxpayer and 18% for a basic rate taxpayer on the part of the gain within the basic Income Tax band, on the gain above the £3,000 tax-free allowance (2026 to 2027). Bought at the average price in Wales in July 2016 (£138,575) and sold at the July 2026 average (£215,037), the gain of £76,462 costs a higher rate taxpayer £17,631, before deducting the costs of buying, selling and improving. The tax is reported and paid within 60 days of completion (HMRC).

How many homes sell in Wales?

38,997 sales in Wales were registered from May 2025 to April 2026, the latest twelve months with complete volumes (UK House Price Index).

Prices by property type, July 2026

TypeAverage priceUK
Detached£336,301£444,936
Semi-detached£215,065£278,555
Terraced£172,261£231,945
Flat or maisonette£128,586£192,704
All types£215,037£272,611
First-time buyers£184,649—

The UK HPI is a mix-adjusted average (a hedonic model), not the price of the homes sold in the month. Northern Ireland figures are quarterly.

The trend, July of each year

YearAverage priceChange on the year before
2016£138,575—
2017£143,002+3.2%
2018£150,195+5%
2019£155,700+3.7%
2020£159,465+2.4%
2021£176,129+10.4%
2022£203,313+15.4%
2023£202,620-0.3%
2024£204,982+1.2%
2025£209,546+2.2%
2026£215,037+2.6%

Areas covered in Wales

Sources