THE average house prices in Stroud in February has been revealed.

Data from Land Registry shows that the average house price in Stroud for February was revealed as £338,000.

This means that the average in Stroud dropped slightly, by 0.8 per cent - although the area has achieved a 14.1 per cent in annual growth.

Over the last year, the average sale price of property in Stroud rose by £42,000. 

Meanwhile, terraced house owners fared worst in Stroud in February – they dropped 1 per cent in price to £255,000 on average.

The average house price in Stroud of a detached house was £533,000, of a semi-detached £320,000 and of a flat - £168,000.

First-time buyers in Stroud spent an average of £261,000 on their property – £30,000 more than a year ago, and £58,000 more than in February 2017.

By comparison, former owner-occupiers paid £382,000 on average in February – 46.4 per cent more than first-time buyers.

Across the South West prices increased by 1.2 per cent, while there was a 0.5 per cent rise for the UK as a whole.

The most expensive properties in the South West were in the Cotswolds, costing £451,000 on average, which is 1.3 times more than in Stroud.