Imofolio

Monmouthshire · report

Past price cycles in Monmouthshire

Sale prices have fallen by 3% or more 11 times since 1995. The deepest began in September 2007.

Deepest fall
−21.2%
Recovery from the low
84 months

Prices in Monmouthshire and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Monmouthshire
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodMonmouthshireUnited Kingdom
Aug 2026548.1534.7
Jul 2026555.6532.9
Jun 2026555.0530.1
May 2026544.7533.1
Apr 2026538.3530.6
Mar 2026535.4526.0
Feb 2026553.3527.6
Jan 2026550.9526.4
Dec 2025557.4524.8
Nov 2025553.9529.6
Oct 2025556.3528.4
Sep 2025543.8527.8
Aug 2025543.0529.8
Jul 2025543.0526.5
Jun 2025557.1522.4
May 2025551.7517.1
Apr 2025552.4509.5
Mar 2025541.3524.8
Feb 2025540.1518.5
Jan 2025547.0518.8
Dec 2024546.5517.0
Nov 2024542.3518.0
Oct 2024533.6519.4
Sep 2024542.4518.4
Aug 2024548.3519.1
Jul 2024551.2514.0
Jun 2024540.6508.3
May 2024528.1506.3
Apr 2024525.4502.2
Mar 2024518.9499.5
Feb 2024528.5498.6
Jan 2024527.8501.2
Dec 2023538.5501.6
Nov 2023545.4505.9
Oct 2023547.1509.4
Sep 2023545.1511.7
Aug 2023536.1514.2
Jul 2023527.7511.4
Jun 2023513.8505.8
May 2023517.9503.9
Apr 2023526.7502.2
Mar 2023535.3501.1
Feb 2023538.3506.8
Jan 2023537.7511.0
Dec 2022538.1515.4
Nov 2022535.0519.5
Oct 2022538.6520.3
Sep 2022542.5520.3
Aug 2022533.8519.2
Jul 2022522.8514.8
Jun 2022511.9505.4
May 2022518.9499.4
Apr 2022512.8493.8
Mar 2022510.2488.0
Feb 2022497.9486.2
Jan 2022490.8485.7
Dec 2021486.3480.1
Nov 2021487.1477.7
Oct 2021490.3468.5
Sep 2021484.5480.5
Aug 2021473.3466.8
Jul 2021466.4453.1
Jun 2021463.0475.4
May 2021462.2451.4
Apr 2021456.7448.4
Mar 2021463.7455.2
Feb 2021469.1448.6
Jan 2021476.6447.3
Dec 2020469.8447.3
Nov 2020452.3443.9
Oct 2020458.1439.4
Sep 2020456.9435.7
Aug 2020466.0431.1
Jul 2020438.6426.9
Jun 2020434.7423.4
May 2020433.8417.6
Apr 2020447.0415.5
Mar 2020445.9419.7
Feb 2020439.5416.0
Jan 2020441.3418.4
Dec 2019438.4418.1
Nov 2019440.7418.7
Oct 2019433.9420.2
Sep 2019437.6421.3
Aug 2019437.3421.0
Jul 2019442.7419.6
Jun 2019438.6415.0
May 2019428.3413.2
Apr 2019421.2412.6
Mar 2019428.3409.7
Feb 2019437.3410.8
Jan 2019433.7411.8
Dec 2018425.1414.4
Nov 2018418.5415.3
Oct 2018423.2417.1
Sep 2018423.7417.5
Aug 2018421.3418.3
Jul 2018414.1417.0
Jun 2018399.6411.9
May 2018399.0409.2
Apr 2018395.9407.5
Mar 2018404.3403.7
Feb 2018397.0406.1
Jan 2018393.7405.0
Dec 2017390.8406.5
Nov 2017390.4404.9
Oct 2017390.7406.0
Sep 2017386.4405.7
Aug 2017381.8407.2
Jul 2017377.4405.4
Jun 2017372.2400.2
May 2017370.2396.8
Apr 2017373.9394.4
Mar 2017372.7388.3
Feb 2017369.9389.1
Jan 2017360.8388.3
Dec 2016361.6388.7
Nov 2016360.9388.0
Oct 2016361.4386.2
Sep 2016357.4387.5
Aug 2016355.3388.1
Jul 2016355.3388.1
Jun 2016348.1384.0
May 2016349.2380.4
Apr 2016346.3376.0
Mar 2016351.4374.6
Feb 2016353.1370.8
Jan 2016352.0370.6
Dec 2015349.2369.6
Nov 2015343.0368.4
Oct 2015341.3365.6
Sep 2015339.3365.1
Aug 2015337.2364.3
Jul 2015333.9361.0
Jun 2015329.9355.0
May 2015329.9352.3
Apr 2015329.6348.5
Mar 2015329.3345.5
Feb 2015332.4344.2
Jan 2015334.8343.9
Dec 2014343.8345.7
Nov 2014341.4344.9
Oct 2014343.5346.1
Sep 2014335.3346.6
Aug 2014332.9346.2
Jul 2014322.6342.2
Jun 2014321.5337.5
May 2014316.8334.6
Apr 2014317.9331.1
Mar 2014310.9323.9
Feb 2014307.6322.7
Jan 2014308.8321.4
Dec 2013310.3321.0
Nov 2013301.6318.1
Oct 2013297.3316.4
Sep 2013298.6317.7
Aug 2013310.3317.4
Jul 2013309.6314.9
Jun 2013312.7311.4
May 2013314.7308.9
Apr 2013312.8307.3
Mar 2013307.0304.3
Feb 2013307.8302.5
Jan 2013308.4302.5
Dec 2012309.7304.6
Nov 2012296.1305.3
Oct 2012299.9305.0
Sep 2012303.8307.2
Aug 2012312.8308.3
Jul 2012310.0307.9
Jun 2012312.4306.7
May 2012316.2303.8
Apr 2012318.3302.8
Mar 2012318.6299.3
Feb 2012315.7298.5
Jan 2012315.7299.3
Dec 2011306.0301.3
Nov 2011308.9302.6
Oct 2011307.9302.5
Sep 2011316.4305.8
Aug 2011312.8306.6
Jul 2011314.2306.4
Jun 2011309.1302.6
May 2011313.0302.1
Apr 2011308.0303.4
Mar 2011304.8298.8
Feb 2011304.9300.2
Jan 2011313.5301.8
Dec 2010315.5304.3
Nov 2010310.7304.9
Oct 2010306.0308.5
Sep 2010308.3312.0
Aug 2010308.0312.8
Jul 2010309.7312.8
Jun 2010302.7309.7
May 2010313.0308.2
Apr 2010319.5306.7
Mar 2010325.9302.8
Feb 2010315.8302.8
Jan 2010304.5302.1
Dec 2009303.4303.2
Nov 2009309.4301.2
Oct 2009305.6300.2
Sep 2009305.0298.2
Aug 2009289.8295.9
Jul 2009289.4293.0
Jun 2009283.9287.8
May 2009284.4285.0
Apr 2009288.0281.1
Mar 2009281.6278.6
Feb 2009281.2280.3
Jan 2009275.6283.6
Dec 2008285.6290.3
Nov 2008299.6294.8
Oct 2008318.4303.4
Sep 2008321.0309.6
Aug 2008322.4317.6
Jul 2008318.0324.4
Jun 2008314.8328.0
May 2008307.7332.4
Apr 2008313.1330.4
Mar 2008325.5329.8
Feb 2008338.9332.2
Jan 2008343.8335.1
Dec 2007347.4341.3
Nov 2007346.7341.8
Oct 2007345.4342.0
Sep 2007349.7342.8
Aug 2007344.6342.3
Jul 2007334.6340.4
Jun 2007320.8336.1
May 2007313.9332.5
Apr 2007320.6328.7
Mar 2007323.4322.2
Feb 2007335.9319.8
Jan 2007330.4318.8
Dec 2006328.6319.0
Nov 2006321.7315.0
Oct 2006324.8313.4
Sep 2006324.1311.6
Aug 2006323.6310.3
Jul 2006319.1307.7
Jun 2006323.8303.4
May 2006317.8300.5
Apr 2006307.7297.7
Mar 2006306.2291.4
Feb 2006303.4289.0
Jan 2006304.5288.6
Dec 2005304.7289.0
Nov 2005306.4287.4
Oct 2005311.4286.6
Sep 2005307.8287.1
Aug 2005306.3287.6
Jul 2005305.8286.4
Jun 2005297.4282.8
May 2005300.0280.6
Apr 2005292.1277.6
Mar 2005293.0273.7
Feb 2005287.4271.5
Jan 2005294.0271.7
Dec 2004288.9271.9
Nov 2004286.7273.9
Oct 2004285.4274.3
Sep 2004280.9272.3
Aug 2004280.0272.8
Jul 2004272.4269.7
Jun 2004268.2264.1
May 2004258.2259.5
Apr 2004249.3256.4
Mar 2004248.9245.3
Feb 2004249.3244.7
Jan 2004241.1247.1
Dec 2003235.8245.6
Nov 2003231.8240.9
Oct 2003231.4243.6
Sep 2003227.4239.4
Aug 2003220.3240.2
Jul 2003215.1236.0
Jun 2003216.4231.9
May 2003216.0231.4
Apr 2003218.8233.0
Mar 2003213.7227.6
Feb 2003205.9222.8
Jan 2003202.1225.2
Dec 2002196.5226.8
Nov 2002201.5219.5
Oct 2002197.0217.3
Sep 2002195.1215.7
Aug 2002186.3210.6
Jul 2002185.4206.0
Jun 2002182.1204.4
May 2002181.0196.4
Apr 2002171.2191.4
Mar 2002167.6188.9
Feb 2002163.7182.5
Jan 2002164.4176.1
Dec 2001160.8176.7
Nov 2001158.1176.7
Oct 2001158.6176.7
Sep 2001155.1180.3
Aug 2001154.7180.3
Jul 2001154.6180.3
Jun 2001157.6174.1
May 2001152.8174.1
Apr 2001150.3174.1
Mar 2001145.9168.0
Feb 2001145.9168.0
Jan 2001142.8168.0
Dec 2000143.6168.9
Nov 2000142.5168.9
Oct 2000140.1168.9
Sep 2000137.3164.0
Aug 2000139.1164.0
Jul 2000138.6164.0
Jun 2000135.0161.0
May 2000131.0161.0
Apr 2000128.8161.0
Mar 2000131.8152.6
Feb 2000129.3152.6
Jan 2000129.1152.6
Dec 1999125.9148.8
Nov 1999126.7148.8
Oct 1999124.9148.8
Sep 1999124.2145.1
Aug 1999122.7145.1
Jul 1999121.7145.1
Jun 1999118.5137.1
May 1999118.4137.1
Apr 1999117.4137.1
Mar 1999119.5131.5
Feb 1999120.0131.5
Jan 1999120.2131.5
Dec 1998119.9130.7
Nov 1998121.3130.7
Oct 1998120.0130.7
Sep 1998121.5131.3
Aug 1998117.4131.3
Jul 1998117.8131.3
Jun 1998111.4125.8
May 1998110.2125.8
Apr 1998110.3125.8
Mar 1998112.4119.5
Feb 1998113.7119.5
Jan 1998109.5119.5
Dec 1997110.3116.5
Nov 1997110.7116.5
Oct 1997112.7116.5
Sep 1997111.0117.4
Aug 1997110.4117.4
Jul 1997108.7117.4
Jun 1997107.7111.7
May 1997104.3111.7
Apr 1997103.1111.7
Mar 1997102.7109.5
Feb 1997101.3109.5
Jan 1997101.9109.5
Dec 1996101.8108.0
Nov 1996103.5108.0
Oct 1996103.1108.0
Sep 1996103.1106.2
Aug 199699.8106.2
Jul 199698.0106.2
Jun 199695.5102.2
May 1996100.1102.2
Apr 199697.5102.2
Mar 199699.7102.1
Feb 199696.7102.1
Jan 199698.7102.1
Dec 199595.8100.6
Nov 199594.2100.6
Oct 199594.9100.6
Sep 199596.0102.0
Aug 199597.4102.0
Jul 199597.9102.0
Jun 199599.7101.1
May 199599.6101.1
Apr 1995100.0101.1
Mar 199599.3100.0
Feb 1995100.5100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
February 1995November 1995−6.3%910
February 1998May 1998−3.1%32
September 1998April 1999−3.4%73
February 2007May 2007−6.5%33
September 2007January 2009−21.2%1684
February 2019April 2019−3.7%22
January 2021April 2021−4.2%35
September 2022June 2023−5.3%93
October 2023March 2024−5.1%54
July 2024October 2024−3.2%36
December 2025March 2026−3.9%3Not yet

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Monmouthshire

Sale prices have an 80% chance of landing between £303,716 and £349,416 by August 2027.

Expected, August 2027
£326,566
Chance of a rise
45%

At the average sale price, a home costs £328,937. With 10% down and a 30-year mortgage, the payment is £1,518 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
22%
Payment, one income
44%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£994
Owning per month
£1,549

54.2% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
110
Per 1,000 residents
1.2

Figures for United Kingdom: Monmouthshire has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 252 while 185 homes were finished: 1.4 new residents for every new home.

New residents per new home, 2025
1.4
Population change, 2025
+252

5.4% of the 43,457 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.4%
Empty homes
2,345