Swansea in Stats
Last month, we began to track a number of statistics in order to paint a clear picture of how the housing market is looking in Swansea at the moment.
Looking at the figures, they are a mixed bag this month. In terms of average asking rents, 3 bedroom houses have seen the greatest rent increase, and 1 bedroom houses the greatest decrease. The number of 3 bedroom houses available on the market has increased too, whilst the 2 bedroom flats would appear to have all been snatched up.
Difference in Average Asking Rents in Swansea between February and March 2017
| Property Size | Houses | Flats | All |
| 1 bed | -3.48% | 2.55% | 1.19% |
| 2 bed | -1.81% | 3.56% | -3.16% |
| 3 bed | 4.42% | 0.58% | 1.46% |
| 4 bed | 0.23% | 3.41% | 0.81% |
| 5 bed | -1.91% | 0% | -1.77% |
Difference in Number of Properties Available to Rent in Swansea between February and March 2017
| Property Size | Houses | Flats | All |
| 1 bed | -1.72% | -7.31%% | -6.08% |
| 2 bed | -6.73% | -11.00% | -7.83% |
| 3 bed | 11.00% | -10.26% | 4.76% |
| 4 bed | -7.69% | 0.00% | -6.85% |
| 5 bed | -4.55% | 0% | -4.41% |
*Rental figures all courtesy of Zoopla.
From this month, now, we will also be tracking house prices for the insight they can give us into the market, too. The figures are released in the following month, as sales are tallied up, so the information we have below reflects sales made in February 2017.
SA3 - which includes Bishopston, recently named best place to live in Wales - is the most expensive postcode to buy both houses or flats in, wheres SA5 (or SA2, if you're looking for a 3 bedroom flat) would appear to be the most inexpensive postcode.
*House price figures all courtesy of Rightmove.
At &1.12 million, a four bedroom detached house in West Cross, Swansea (also in SA3), is the most expensive property sale to take place in Wales so far this year. With original features including an elegant staircase, intricate ceiling and coving details with glass chandeliers, and offering panoramic sea views, it is truly a dream property.
*All figures correct on 22/03/2017.