Ceredigion is one of the top three areas of Britain that has seen the highest rate of house price growth since the start of this year.

OpenBrix analysed Land Registry data on house price growth in Britain and found that since the start of the year, house prices have jumped by 2.9 per cent despite the pandemic halting market activity in its tracks during lockdown – and some areas have seen a far greater level of growth. Wales has enjoyed the largest jump of all regions with property prices up 5.7 per cent.

Wales also accounts for more than a quarter of the top 50 areas for highest house price growth, beaten only by Scotland.

Blaenau Gwent has seen the highest growth of all areas of Britain with an increase of 9.3 per cent. Ceredigion is third with 7.6 per cent.

Pembrokeshire is on 5.2 per cent and features within the top 10 for Wales.

The City of London is the second-highest in Britain and highest in England with an 8.7 per cent annual increase.

Adam Pigott, chief executive of OpenBrix, commented: “There’s been some incredible rates of house price growth since the start of the year considering wider market conditions and the fact we’ve seen any positive growth at all could be considered a miracle in itself."