HOUSE prices have gone up in the local area this March, new figures show.

Wrexham’s boost of 1.1 per cent contributes to the longer-term trend, which has seen property prices in the area achieve 10% annual growth.

The average Wrexham house price in March was £174,572, Land Registry figures show.

Over the last year, the average sale price of property in Wrexham rose by £16,000 – putting the area 12th among Wales’s 22 local authorities for annual growth.

Meanwhile, in Flintshire, properties took a bigger jump by four per cent.

The average Flintshire house price in March was £192,929, Land Registry figures show – a 4% increase on February.

In the last 12 months, the average sale price of property in Flintshire rose by £18,000 – putting the area 11th among Wales’s 22 local authorities for annual growth.

Winners and Losers

Owners of terraced houses saw the biggest improvement in property prices in Wrexham in March – they increased 1.3 per cent, to £132,374 on average. Over the last year, prices rose by 10.2 per cent.

Among other types of property:

• Detached: up 1.2 per cent monthly; up 10.9 per cent annually; £254,715 average

• Semi-detached: up 0.9 per cent monthly; up 9.5 per cent annually; £158,086 average

• Flats: up 0.4 per cent monthly; up 5.7 per cent annually; £89,805 average

For Flintshire, it was detached houses that saw the biggest improvement in property price this March.

They increased 4.2 per cent, to £271,011 on average. Over the last year, prices rose by 11 per cent.

Among other types of property:

• Semi-detached: up 3.8 per cent monthly; up 9.5 per cent annually; £165,574 average

• Flats: up 3.3 per cent monthly; up 5.5 per cent annually; £95,589 average

First steps on the property ladder

First-time buyers in Wrexham spent an average of £151,000 on their property – £13,000 more than a year ago, and £28,000 more than in March 2016.

By comparison, former owner-occupiers paid £200,000 on average in March – almost a third [32.3 per cent] more than first-time buyers.

Figures were slightly higher in Flintshire, where first-time buyers spent an average of £162,000 on their property – £14,000 more than a year ago, and £34,000 more than in March 2016.

By comparison, former owner-occupiers paid £217,000 on average in March – 33.9% more than first-time buyers.

How do property prices in Wrexham & Flintshire compare?

Buyers paid 5.9 per cent less than the average price in Wales (£185,000) in March for a property in Wrexham. In Flintshire, buyers paid 4 per cent more than the average price for a property in Wales.

Across Wales, property prices are low compared to those across the UK, where the average cost £256,000.

The most expensive properties in Wales were in Monmouthshire – £301,000 on average, and 1.7 times as much as in Wrexham.