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Tenby House Prices Plummet Amid 150% Tax Hike

4/21/2025

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Summary

Story summary

House prices in Tenby, Pembrokeshire, are in freefall as second-home owners scramble to sell amid staggering council tax increases of 150%. The Principality Building Society reveals an alarming 8.9% drop across Pembrokeshire, with Tenby facing even sharper declines. Local agents caution that these tax hikes are not only driving away tourists but also crippling the housing market.

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Story summary

House prices in Tenby, Pembrokeshire, are in freefall as second-home owners scramble to sell amid staggering council tax increases of 150%. The Principality Building Society reveals an alarming 8.9% drop across Pembrokeshire, with Tenby facing even sharper declines. Local agents caution that these tax hikes are not only driving away tourists but also crippling the housing market.