NEW FIGURES have revealed the latest house prices across Wrexham and Flintshire.
House prices dropped by 2% in Flintshire in June, new figures show. However, the drop does not reverse the longer-term trend, which has seen property prices in the area grow by 1% over the last year.
According to Land Registry, the average Flintshire house price in June was £213,287, a 2% decrease on May.
Over the last year, the average sale price of property in Flintshire rose by £2,100 – putting the area 12th among Wales’s 22 local authorities with price data for annual growth.
Over the month, the picture was different to that across Wales, where prices increased 0.3%, and Flintshire was lower than the 0.5% rise for the UK as a whole.
For those just getting onto the property ladder, first-time buyers spend an an average of £180,400 on their property – £2,100 more than a year ago, and £37,000 more than in June 2019.
Owners of flats saw the biggest fall in property prices in Flintshire in June – they dropped 2% in price, to £104,489 on average. Over the last year, prices dropped by 0.9%.
In Wrexham, figures showed house prices increased by 1.6%, more than the average for Wales, in Wrexham in June.
Like Flintshire statistics, this rise does not reverse the longer-trend which has seen the property prices in the area suffer a 0.1% annual decline.
The average Wrexham house price in June was £202,972, Land Registry figures show – a 1.6% increase on May.
First-time buyers in Wrexham spent an average of £176,814 on their property – £83 less than a year ago, but £39,861.1252 more than in June 2019.
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Owners of terraced houses saw the biggest rise in property prices in Wrexham in June – they increased 1.9%, to £154,406 on average. Over the last year, prices dropped by 0.4%.
Buyers also paid 5.8% less than the average price in Wales (£216,000) in June for a property in Wrexham.
Average property prices in June
Flintshire: £213,287
Wrexham: £202,972
Wales: £215,518
UK: £287,924
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