House prices increased by 1.9% – more than the average for Wales – in Flintshire in March, new figures show.
The rise contributes to the longer-term trend, which has seen property prices in the area grow by 3.7% over the last year.
The average Flintshire house price in March was £221,818. Land Registry figures show a 1.9% increase on February.
Over the month, the picture was different to that across Wales, where prices increased 0.9%, and Flintshire was above the 0.7% rise for the UK as a whole.
Over the last year, the average sale price of property in Flintshire rose by £7,800 – putting the area third among Wales’s 22 local authorities with price data for annual growth.
MOST READ:
- Popular Flintshire pub undergoes 'impressive' refurb
- Met Office upgrade weather warning for Wrexham and Flintshire
- Mum praises paramedics, air ambulance and Maelor staff after teen's medical emergency
First-time buyers in Flintshire spent an average of £187,200 on their property – £6,800 more than a year ago, and £48,800 more than in March 2019.
By comparison, former owner-occupiers paid £248,000 on average in March – 32.5% more than first-time buyers.
Property types
Owners of flats saw the biggest rise in property prices in Flintshire in March – they increased 2.3%, to £107,680 on average. Over the last year, prices rose by 2%.
Among other types of property:
Detached: up 2.1% monthly; up 3.8% annually; £309,280 average
Semi-detached: up 1.7% monthly; up 3.9% annually; £193,023 average
Terraced: up 1.7% monthly; up 3.3% annually; £156,471 average
How do property prices in Flintshire compare?
Buyers paid 3.8% more than the average price in Wales (£214,000) in March for a property in Flintshire. Across Wales, property prices are low compared to those across the UK, where the average cost is £283,000.
The most expensive properties in Wales were in Monmouthshire – £340,000 on average, and 1.5 times the price as in Flintshire. Monmouthshire properties cost 2.6 times the price as homes in Merthyr Tydfil (£131,000 average), at the other end of the scale.
The highest property prices across the UK were in Kensington and Chelsea.
Factfile
Average property price in March:
Flintshire: £221,818
Wales: £213,753
UK: £282,776
Annual growth to March:
Flintshire: +3.7%
Wales: +1.3%
UK: +1.8%
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here