Welsh house prices rise by £1,235 in February

The average price of a house in Wales in February was £158,791, an increase of £1,235 or 0.8% since January. This is the highest price since September 2008.

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House prices at their highest for more than five years

House prices in Wales have been rising steadily over the last twelve months according to figures out today. The average price of a home here is now at highest for more than five years.

The surge is being put down to continued low interest rates and better deals for borrowers - although experts say the future of the housing market is still uncertain, as Kevin Ashford reports.

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