HOUSE prices increased in both Flintshire and Wrexham during the latest round of figures.

They increased by 0.9%, in Flintshire and 1.5% in Wrexham during December 2023, the latest Land Registry figures show.

The average Flintshire house price in December was £218,308 and, in Wrexham, that figure was £204,487.

Over the last year, the average sale price of property in Flintshire rose by £490 – putting the area fifth among Wales’s 22 local authorities with price data for annual growth.

During that same period, the average sale price of property in Wrexham fell by £2,200 – putting the area eighth on that list.

First steps on the property ladder

First-time buyers in Flintshire spent an average of £183,620 on their property – £500 more than a year ago, and £40,980 more than in December 2018.

By comparison, former owner-occupiers paid £244,820 on average in December – 33.3% more than first-time buyers.

First-time buyers in Wrexham spent an average of £177,700 on their property – £2,200 less than a year ago, but £38,300 more than in December 2018.

By comparison, former owner-occupiers paid £234,100 on average in December – 31.8% more than first-time buyers.

TOP STORIES 

Property types

Owners of semi-detached houses saw the biggest rise in property prices in Flintshire in December – they increased 1.3%, to £189,239 on average. Over the last year, prices rose by 0.8%.

Owners of flats saw the biggest rise in property prices in Wrexham in December – they increased 1.9%, to £101,745 on average. Over the last year, prices dropped by 1.6%.

How do property prices compare?

Buyers paid 2.1% more than the average price in Wales (£214,000) in December for a property in Flintshire and 4.4% less than the average in Wrexham.

Across Wales, property prices are low compared to those across the UK, where the average cost is £285,000.

The most expensive properties in Wales were in Monmouthshire – £348,000 on average.

Monmouthshire properties cost 2.7 times the price as homes in Blaenau Gwent (£131,000 average), at the other end of the scale.