House prices dropped by 2.1% in Denbighshire in August, new figures show.

But the drop does not reverse the longer-term trend, which has seen property prices in the area achieve 14.2% annual growth.

The average Denbighshire house price in August was £181,538, Land Registry figures show – a 2.1% decrease on July.

Over the month, the picture was worse than that across Wales, where prices increased 2.8%, and Denbighshire underperformed compared to the 2.9% rise for the UK as a whole.

Over the last year, the average sale price of property in Denbighshire rose by £23,000 – putting the area 11th among Wales’s 22 local authorities for annual growth.

The best annual growth in the region was in Pembrokeshire, where property prices increased on average by 23.9%, to £222,000. At the other end of the scale, properties in Monmouthshire gained 1.2% in value, giving an average price of £295,000.

Winners and Losers

Owners of flats fared worst in Denbighshire in August – they dropped 2.9% in price, to £91,207 on average. But over the last year, prices rose by 10.3%.

Among other types of property:

  • Detached: down 2% monthly; up 14.6% annually; £229,256 average
  • Semi-detached: down 1.9% monthly; up 14.3% annually; £163,176 average
  • Terraced: down 2.3% monthly; up 13.8% annually; £128,737 average

First steps on the property ladder

First-time buyers in Denbighshire spent an average of £162,000 on their property – £20,000 more than a year ago, and £33,000 more than in August 2016.

By comparison, former owner-occupiers paid £201,000 on average in August – 24.3% more than first-time buyers.

How do property prices in Denbighshire compare?

Buyers paid 6.7% less than the average price in Wales (£195,000) in August for a property in Denbighshire. Across Wales, property prices are low compared to those across the UK, where the average cost £264,000.

The most expensive properties in Wales were in Monmouthshire – £295,000 on average, and 1.6 times as much as in Denbighshire. Monmouthshire properties cost 2.6 times as much as homes in Blaenau Gwent (£112,000 average), at the other end of the scale.

The highest property prices across the UK were in Kensington and Chelsea.


Average property price in August

  • Denbighshire: £181,538
  • Wales: £194,575
  • UK: £264,244

Annual growth to August

  • Denbighshire: +14.2%
  • Wales: +12.5%
  • UK: +10.6%

Best and worst annual growth in Wales

  • Pembrokeshire: +23.9%
  • Monmouthshire: +1.2%