House prices increased by 4.2% – more than the average for Wales – in Denbighshire in October, new figures show.

The boost contributes to the longer-term trend, which has seen property prices in the area achieve 16.8% annual growth.

The average Denbighshire house price in October was £189,093, Land Registry figures show – a 4.2% increase on September.

Over the month, the picture was better than that across Wales, where prices increased 2.6%, and Denbighshire outperformed the 1.1% drop for the UK as a whole.

Over the last year, the average sale price of property in Denbighshire rose by £27,000 – putting the area ninth among Wales’s 22 local authorities with price data for annual growth.

The best annual growth in the region was in Merthyr Tydfil, where property prices increased on average by 24.8%, to £138,000. At the other end of the scale, properties in Powys gained just 8.2% in value, giving an average price of £216,000.

Winners and Losers

Owners of detached houses saw the biggest improvement in property prices in Denbighshire in October – they increased 4.6%, to £240,128 on average. Over the last year, prices rose by 17.5%.

Among other types of property:

  • Semi-detached: up 3.9% monthly; up 16.8% annually; £169,255 average
  • Terraced: up 3.8% monthly; up 16.2% annually; £133,666 average
  • Flats: up 3.2% monthly; up 12.7% annually; £93,672 average

First steps on the property ladder

First-time buyers in Denbighshire spent an average of £168,000 on their property – £24,000 more than a year ago, and £42,000 more than in October 2016.

By comparison, former owner-occupiers paid £210,000 on average in October – 25% more than first-time buyers.

How do property prices in Denbighshire compare?

Buyers paid 7% less than the average price in Wales (£203,000) in October for a property in Denbighshire. Across Wales, property prices are lower than those across the UK, where the average cost £268,000.

The most expensive properties in Wales were in Monmouthshire – £325,000 on average, and 1.7 times as much as more than in Denbighshire. Monmouthshire properties cost 2.7 times as much as homes in Blaenau Gwent (£122,000 average), at the other end of the scale.

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


Average property price in October

Denbighshire: £189,093

Wales: £203,224

UK: £268,349

Annual growth to October

Denbighshire: +16.8%

Wales: +15.5%

UK: +10.2%

Best and worst annual growth in Wales

Merthyr Tydfil: +24.8%

Powys: +8.2%