House prices increased by 1.9 per cent in Shropshire in October, new figures show.
The boost contributes to the longer-term trend, which has seen property prices in the area achieve 12.3 per cent annual growth.
The average Shropshire house price in October was £255,589, Land Registry figures show – a 1.9 per cent increase on September.
Over the month, the picture was better than that across West Midlands, where prices decreased 3.3 per cent, and Shropshire outperformed the 1.1 per cent drop for the UK as a whole.
Over the last year, the average sale price of property in Shropshire rose by £28,000 – putting the area 10th among West Midlands’s 30 local authorities with price data for annual growth.
The best annual growth in the region was in Malvern Hills, where property prices increased on average by 19.9 per cent, to £328,000. At the other end of the scale, properties in Worcester gained just 1.9 per cent in value, giving an average price of £231,000.
Owners of detached houses saw the biggest improvement in property prices in Shropshire in October – they increased 2.7 per cent, to £377,316 on average. Over the last year, prices rose by 14 per cent.
First-time buyers in Shropshire spent an average of £204,000 on their property – £21,000 more than a year ago, and £42,000 more than in October 2016.
By comparison, former owner-occupiers paid £288,000 on average in October – 40.9 per cent more than first-time buyers.