House Prices in CF83 House Prices in CF83 (Caerphilly)

The average house price in CF83 (Caerphilly) is £244,983 using HM Land Registry data.

The average property price increased by £73,851 (35.2%) over the last 5 years and increased by £14,763 (5%) over the last 12 months.

Over the last year, there were 481 residential property sales – a decrease of 202 transactions (-42.00%) relative to the previous year. The majority of house sales (118) were in the £130,000 - £174,000 range. Then came properties in the £174,000 - £218,000 range, where 118 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,875 (-3%).

In June 2024, there were 104 new estate agency instructions, 116 agreed home sales and 53 property price reductions.

5-Year Average Property Prices in CF83 (Caerphilly)

35.2%

Property prices in Caerphilly increased by 35.2% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CF83 (Caerphilly) Over the Last Year

5%

Property prices in Caerphilly increased by 5% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CF83 (Caerphilly) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CF83 (Caerphilly)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CF83 (Caerphilly)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CF83 (Caerphilly)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CF83 (Caerphilly) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CF83 postcode area since 1995.

Recent Sales in CF83 (Caerphilly)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Telor Y Coed, Llanbradach, Caerphilly, CF83 3PW£140,000£137,000-£3,00027 Oct 202317 May 2024203 Days
27 Lon Isaf, Caerphilly, CF83 1BT£295,000£295,000£0007 Nov 202326 Apr 2024171 Days
20 Bryn Siriol, Caerphilly, CF83 2AJ£275,000£247,000-£28,00017 Feb 202326 Apr 2024434 Days
10 Summerfield Lane, Machen, Caerphilly, CF83 8RE£220,000£214,000-£6,00022 Dec 202324 Apr 2024124 Days
40 Rowland Drive, Caerphilly, CF83 1TX£240,000£235,000-£5,00003 Jan 202419 Apr 2024107 Days
17 Heol Y Wern, Caerphilly, CF83 3EY£220,000£220,000£0006 Aug 202319 Apr 2024257 Days
37 Edward Terrace, Abertridwr, Caerphilly, CF83 4FJ£145,000£144,000-£1,00030 Jan 202416 Apr 202477 Days
6 Corbett Grove, Caerphilly, CF83 1SZ£325,000£320,000-£5,00008 Aug 202315 Apr 2024251 Days
39 Ffwrwm Road, Machen, Caerphilly, CF83 8NF£275,000£275,000£0022 Nov 202305 Apr 2024135 Days
17 William Street, Trethomas, Caerphilly, CF83 8DQ£175,000£175,000£0026 Dec 202302 Apr 202498 Days
64 Heol Ty Gwyn, Llanbradach, Caerphilly, CF83 3PB£325,000£317,000-£8,00010 Jul 202328 Mar 2024262 Days
96 Thomas Street, Abertridwr, Caerphilly, CF83 4BA£185,000£180,000-£5,00005 Oct 202325 Mar 2024172 Days
15 St Annes Gardens, Abertridwr, Caerphilly, CF83 4BS£220,000£220,000£0026 Dec 202318 Mar 202483 Days
8 Heol Y Cwm, Caerphilly, CF83 1NN£235,000£227,000-£8,00014 Nov 202314 Mar 2024121 Days
21 Trevelyan Court, Caerphilly, CF83 1RQ£150,000£142,000-£8,00015 Nov 202308 Mar 2024114 Days
104 Heol Y Ddol, Caerphilly, CF83 3JN£225,000£220,000-£5,00019 Oct 202306 Mar 2024139 Days
13 Chatham Street, Machen, Caerphilly, CF83 8SH£350,000£322,500-£27,50005 Jul 202305 Mar 2024244 Days
1 Rectory Road, Caerphilly, CF83 1EP£350,000£330,000-£20,00005 May 202305 Mar 2024305 Days
12 Heol Gwaun Rhos, Caerphilly, CF83 3ER£200,000£200,000£0004 Aug 202304 Mar 2024213 Days
21 Lon Hafren, Caerphilly, CF83 1NR£370,000£359,000-£11,00005 Aug 202301 Mar 2024209 Days

Most Expensive Streets in CF83 (Caerphilly)

PostcodeStreetAreaAverageNo. of Sales
CF83 8QUThe Windings, MachenCaerphilly£715,1663
CF83 3DFRudryCaerphilly£610,0003
CF83 3RRThe PaddockCaerphilly£610,0007
CF83 8ESMountain Road, BedwasCaerphilly£490,0004
CF83 2UAGolwg Y CoedCaerphilly£483,0003
CF83 1ERSt Martins CrescentCaerphilly£442,0395
CF83 1EJSt Martins RoadCaerphilly£434,6994
CF83 8QQWhite HartCaerphilly£425,0003
CF83 1NEWatford RoadCaerphilly£423,1254
CF83 3NNRhyd Y Gwern Close, RudryCaerphilly£421,6663

Least Expensive Streets in CF83 (Caerphilly)

PostcodeStreetAreaAverageNo. of Sales
CF83 2BZBryn NantCaerphilly£88,8333
CF83 4FXCaerphilly Road, SenghenyddCaerphilly£95,0003
CF83 4GZCommercial Street, SenghenyddCaerphilly£95,8333
CF83 1GJClaude RoadCaerphilly£96,6663
CF83 2NYBryn OwainCaerphilly£97,7857
CF83 4HQWoodland Terrace, SenghenyddCaerphilly£99,1663
CF83 4FTCaerphilly Road, SenghenyddCaerphilly£99,5009
CF83 4AYThomas Street, AbertridwrCaerphilly£100,6666
CF83 8GRBevan Close, TrethomasCaerphilly£102,1663
CF83 4HHGrove Terrace, SenghenyddCaerphilly£102,6005

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