HOUSE prices increased by 3.2% in Denbighshire in June, new figures show.

The boost contributes to the longer-term trend, which has seen property prices in the area achieve 15% annual growth.

The average Denbighshire house price in June was £184,468, Land Registry figures show – a 3.2% increase on May.

Over the month, the picture was less good than that across Wales, where prices increased 4.6%, and Denbighshire underperformed compared to the 4.5% rise for the UK as a whole.

Over the last year, the average sale price of property in Denbighshire rose by £24,000 – putting the area 15th among Wales’s 22 local authorities for annual growth.

The best annual growth in the region was in Blaenau Gwent, where property prices increased on average by 24.1%, to £115,000. At the other end of the scale, properties in Newport gained 3.6% in value, giving an average price of £198,000.

Winners and Losers

Owners of terraced houses saw the biggest improvement in property prices in Denbighshire in June – they increased 3.4%, to £131,474 on average. Over the last year, prices rose by 15.2%.

Among other types of property:

Detached: up 3.1% monthly; up 15.5% annually; £233,228 averageSemi-detached: up 3.1% monthly; up 14.7% annually; £164,881 averageFlats: up 3.1% monthly; up 12.1% annually; £93,812 average

First steps on the property ladder

First-time buyers in Denbighshire spent an average of £164,000 on their property – £21,000 more than a year ago, and £38,000 more than in June 2016.

By comparison, former owner-occupiers paid £204,000 on average in June – 24.1% more than first-time buyers.

How do property prices in Denbighshire compare?

Buyers paid 5.5% less than the average price in Wales (£195,000) in June for a property in Denbighshire. Across Wales, property prices are low compared to those across the UK, where the average cost £266,000.

The most expensive properties in Wales were in Monmouthshire – £292,000 on average, and 1.6 times as much as in Denbighshire. Monmouthshire properties cost 2.5 times as much as homes in Blaenau Gwent (£115,000 average), at the other end of the scale.

The highest property prices across the UK were in Kensington and Chelsea, where the average June sale price of £1.2 million could buy 13 properties in Burnley (average £99,000).


Average property price in June

Denbighshire: £184,468Wales: £195,291UK: £265,668Annual growth to June

Denbighshire: +15%Wales: +16.7%UK: +13.2%Best and worst annual growth in Wales

Blaenau Gwent: +24.1%Newport: +3.6%