House Prices in Milford Haven, Pembrokeshire

# Milford Haven Property Market Summary

Milford Haven presents an affordable entry point into the UK property market, with a current average price of £125,621 across approximately 5,200 properties. This Pembrokeshire port town has experienced notable volatility in recent years, with prices climbing steadily from £133,396 in 2016 to a peak of £221,630 in 2022—representing a substantial 66% increase over six years. This surge reflected the broader pandemic-era property boom, with particularly sharp acceleration between 2020 and 2022. However, the market has since corrected, with average prices declining to £170,476 in early 2025, suggesting a normalisation after the post-pandemic spike.

The area's affordability compared to the national average makes Milford Haven attractive for first-time buyers and investors seeking value in Wales. As a historic maritime town with deep-water port facilities and connections to the energy sector, the local economy provides a foundation for the residential market. Transaction volumes have remained relatively consistent, averaging around 300 sales annually, indicating steady market activity despite recent price fluctuations. The recent downward trend may present opportunities for buyers, though prospective purchasers should consider the town's economic prospects and the potential for further market adjustments.