House Prices in NP11 House Prices in NP11 (Newport)

The average house price in NP11 (Newport) is £172,500 using HM Land Registry data.

The average property price increased by £53,923 (43.64%) over the last 5 years and increased by £10,780 (5.88%) over the last 12 months.

Over the last year, there were 297 residential property sales – a decrease of 234 transactions (-78.79%) relative to the previous year. The majority of house sales (80) were in the £128,000 - £156,000 range. Then came properties in the £156,000 - £184,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,935 (-3%).

In June 2024, there were 61 new estate agency instructions, 57 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in NP11 (Newport)

43.64%

Property prices in Newport increased by 43.64% 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 NP11 (Newport) Over the Last Year

5.88%

Property prices in Newport increased by 5.88% 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 NP11 (Newport) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 NP11 (Newport)

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 NP11 (Newport)

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 NP11 (Newport)

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 NP11 (Newport) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NP11 postcode area since 1995.

Recent Sales in NP11 (Newport)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Fairview Avenue, Risca, Newport, Caerphilly, NP11 6HU£164,950£155,000-£9,95023 Jan 202410 May 2024108 Days
7 Salisbury Street, Cross Keys, Newport, Caerphilly, NP11 7PD£159,995£150,000-£9,99524 Oct 202326 Apr 2024185 Days
11 Gwyddon Road, Abercarn, Newport, Caerphilly, NP11 5GX£150,000£150,000£0019 Oct 202322 Apr 2024186 Days
9 Exchange Road, Risca, Newport, Caerphilly, NP11 6GP£199,950£194,000-£5,95027 Oct 202311 Apr 2024167 Days
108 Islwyn Road, Wattsville, Newport, Caerphilly, NP11 7QJ£150,000£150,000£0026 Dec 202303 Apr 202499 Days
36 Caradoc Street, Cwmcarn, Newport, Caerphilly, NP11 7EF£170,000£160,000-£10,00027 Sep 202328 Mar 2024183 Days
20 Pen Y Fan Close, Pentwyn Crumlin, Newport, Caerphilly, NP11 3JQ£135,000£135,000£0022 Nov 202325 Mar 2024124 Days
Hawthorn Cottage, Twyncarn Road, Pontywaun, Newport, Caerphilly, NP11 7DU£175,000£175,000£0005 Dec 202322 Mar 2024108 Days
Rhos Villa, Pontbren Road, Hafodyrynys, Newport, Caerphilly, NP11 5BG£320,000£300,000-£20,00025 Sep 202322 Mar 2024179 Days
Richmond, Sofrydd Road, Crumlin, Newport, Blaenau Gwent, NP11 5DW£175,000£172,500-£2,50008 Nov 202322 Mar 2024135 Days
225 Elm Drive, Risca, Newport, Caerphilly, NP11 6PP£140,000£127,000-£13,00023 Aug 202313 Mar 2024203 Days
6 Cromwell Road, Risca, Newport, Caerphilly, NP11 7AF£185,000£178,000-£7,00024 Oct 202307 Mar 2024135 Days
20 Western Terrace, Cross Keys, Newport, Caerphilly, NP11 7BZ£140,000£138,000-£2,00015 Sep 202326 Feb 2024164 Days
53 Manor Park, Newbridge, Newport, Caerphilly, NP11 4RT£225,000£215,000-£10,00009 Nov 202316 Feb 202499 Days
25 Willow Park, Croespenmaen, Newport, Caerphilly, NP11 3LS£230,000£221,000-£9,00004 Jul 202331 Jan 2024211 Days
44 Garden Suburbs, Pontywaun, Newport, Caerphilly, NP11 7GD£225,000£215,000-£10,00028 Jul 202326 Jan 2024182 Days
33 Whitethorne Street, Crumlin, Newport, Caerphilly, NP11 4PY£85,000£79,000-£6,00017 Oct 202319 Jan 202494 Days
63 Almond Avenue, Risca, Newport, Caerphilly, NP11 6PG£179,950£170,000-£9,95013 Oct 202318 Jan 202497 Days
16 Wesley Place, Risca, Newport, Caerphilly, NP11 6BZ£159,950£152,000-£7,95027 Sep 202312 Jan 2024107 Days
87 Garden Suburbs, Pontywaun, Newport, Caerphilly, NP11 7GD£195,000£190,000-£5,00006 Jul 202308 Jan 2024186 Days

Most Expensive Streets in NP11 (Newport)

PostcodeStreetAreaAverageNo. of Sales
NP11 7BLGardens View Close, PontywaunNewport£414,0003
NP11 3AYLoad Of Hay Road, CrumlinNewport£355,8333
NP11 4RGBrynheulog Road, NewbridgeNewport£340,0003
NP11 6JZManor Road, RiscaNewport£330,5004
NP11 6GYDarran Road, RiscaNewport£317,5003
NP11 3ATCae Celyn, CroespenmaenNewport£305,6234
NP11 4TBPantyresk Road, AbercarnNewport£270,5003
NP11 4RNPark Place, NewbridgeNewport£265,0004
NP11 7ASNant Y Garn, RiscaNewport£262,2005
NP11 7NZWoodside Walk, WattsvilleNewport£259,97417

Least Expensive Streets in NP11 (Newport)

PostcodeStreetAreaAverageNo. of Sales
NP11 5HULloyd Avenue, CrumlinNewport£70,8333
NP11 5HQHector Avenue, CrumlinNewport£78,4005
NP11 5DFStonerwood View, NewbridgeNewport£79,7504
NP11 7EBThe Mews, CwmcarnNewport£81,5006
NP11 3JJTrinant Terrace, Pentwyn CrumlinNewport£82,6503
NP11 4SHMount Pleasant, AbercarnNewport£83,3333
NP11 5EHLewis Street, CrumlinNewport£85,2504
NP11 7ATEbbw Court, Woodward RoadNewport£86,1005
NP11 4LUTynewydd Terrace, NewbridgeNewport£90,8333
NP11 7QLIslwyn Road, WattsvilleNewport£91,0004

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