House prices dropped by 1% in Wrexham in March, new figures show.

The drop contributes to the longer-term trend, which has seen property prices in the area suffer a 2.2% annual decline.

The average Wrexham house price in March was £199,556. Land Registry figures show a 1% decrease on February.

Over the month, the picture was different to that across Wales, where prices increased 0.9%, and Wrexham was lower than the 0.7% rise for the UK as a whole.

Over the last year, the average sale price of property in Wrexham fell by £4,500 – putting the area 16th among Wales’s 22 local authorities with price data for annual growth.


The highest annual growth in the region was in Ceredigion, where property prices increased on average by 4%, to £244,000. At the other end of the scale, properties in Merthyr Tydfil lost 13.7% of their value, giving an average price of £131,000.

First-time buyers in Wrexham spent an average of £173,600 on their property – £3,900 less than a year ago, but £40,000 more than in March 2019.

By comparison, former owner-occupiers paid £228,200 on average in March – 31.4% more than first-time buyers.

Property types

Owners of terraced houses saw the biggest fall in property prices in Wrexham in March – they dropped 1.4% in price, to £150,834 on average. Over the last year, prices dropped by 2.7%.

Among other types of property:

Detached: down 0.5% monthly; down 1.6% annually; £291,201 average

Semi-detached: down 1.2% monthly; down 2.3% annually; £182,122 average

Flats: down 0.9% monthly; down 3.2% annually; £100,040 average

How do property prices in Wrexham compare?

Buyers paid 6.6% less than the average price in Wales (£214,000) in March for a property in Wrexham. 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 1.7 times the price as in Wrexham. 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.


Average property price in March:

Wrexham: £199,556

Wales: £213,753

UK: £282,776

Annual change to March:

Wrexham: -2.2%

Wales: +1.3%

UK: +1.8%