Homes in Swansea could be worth &286,558 by the year 2030, a recent research looking to map out house prices has found.
The strong growth in house prices means that there has never been a better time to invest in property in Swansea.

These values are based on the 84% percent increase in value that properties in South Wales have seen during the period of 2000-2015.

If the current house price trends continue, then Swansea may do considerably well, with houses set to be worth far more than property in nearby Newport, Neath Port Talbot and Caerphilly.

There are some that are concerned that the rising prices means owning a home will be a distant dream for most home owners. Property expert, Russel Quirk believes that the property bubble could likely burst soon:

"The past 15 years have seen extreme growth in the price commanded for UK property, as well as a crash as a direct result of this inflated growth. Although this research is only a projection of what may happen by 2030, it is safe to assume that with prices continuing to spiral beyond affordability, history could well repeat itself."

"Although rising prices are always good news for current homeowners, it's extremely worrying to look at the difficulty many have in getting on the ladder at the moment, let alone with a price jump of 84 per cent by 2030."

If you're looking to let or rent a property in Swansea, contact McCartan Lettings or call us on 01792 430100.