HOUSE prices increased by 3.9% in Bromsgrove in June, new figures show.
The boost contributes to the longer-term trend, which has seen property prices in the area achieve 8.3% annual growth.
The average Bromsgrove house price in June was £313,224, Land Registry figures show – a 3.9% increase on May.
Over the month, the picture was less good than that across the West Midlands, where prices increased 5.7%, and Bromsgrove underperformed compared to the 4.5% rise for the UK as a whole.
Over the last year, the average sale price of property in Bromsgrove rose by £24,000 – putting the area 30th among the West Midlands’s 34 local authorities for annual growth.
The best annual growth in the region was in Shropshire, where property prices increased on average by 20.9%, to £256,000. At the other end of the scale, properties in Warwick gained 3.1% in value, giving an average price of £325,000.
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