Wales has seen the largest property growth since the start of the Covid-19 pandemic out of the four UK nations, according to new data.

The figures released by Rightmove this morning shows that asking prices have increased by 14.6% in Wales since March 2020, while the principality has also recorded the highest jump in buyer demand, which is up by 44%.

The stamp duty holiday can be attributed to some of the rapid increase, while property prices also remain relatively affordable.

Matt Barry, director at Astleys in Swansea, has experienced first-hand this rise in demand that has resulted in Wales’ property price growth, at least in his region.

Barry said: “Over the past 12 months we’ve seen a dramatic change in demand in the local market.

“This has far surpassed anything I’ve seen previously and we’re now regularly receiving offers from multiple buyers per property.

“This often results in us requesting best and final offers and homes selling for far in excess of the original asking price. The competition for each property has been further increased by a slowdown in the number of properties coming to market.

“We’ve also noticed a large uplift in the amount of people relocating from England, with many people now enjoying the benefit of working from home, wishing for larger gardens or to be nearer beauty spots and the coast.”