HOUSE prices in Swindon crept up by 0.3 per cent in June, contributing to a 4.3 per cent rise over the last 12 months.

The latest data from the Office of National Statistics shows that the average property in the area sold for £217,128 - slightly under the UK average of £228,384.

Across the South West, property prices have risen by 3.1 per cent in the last year, to £252,558. The region outperformed the UK as whole, which saw the average property value increase by three per cent.

The data comes from the House Price Index, which the ONS compiles using house sale information from the Land Registry, and the equivalent bodies in Scotland and Northern Ireland.

The average homeowner in Swindon will have seen their property jump in value by around £67,000 in the last five years.

The figures also showed that buyers who made their first step onto the property ladder in Swindon in June spent an average of £187,146 - around £57,000 more than it would have cost them five years ago.

Lawrence Bowles, the associate director of the research team at the estate agents Savills, said the national figures were a mixed picture for homeowners.

“Broadly speaking the story of three per cent price growth across the country, over the last 12 months, is faster than inflation,” he explained.

“Growth is starting to flow down, with prices increasing across the UK, particularly in the West and East Midlands, Scotland and Wales.”