House Prices in NP15 House Prices in NP15 (Usk)

The average house price in NP15 (Usk) is £442,075 using HM Land Registry data.

The average property price increased by £106,789 (46.27%) over the last 5 years and increased by £21,392 (6.14%) over the last 12 months.

Over the last year, there were 64 residential property sales – a decrease of 17 transactions (-26.56%) relative to the previous year. The majority of house sales (21) were in the £220,000 - £322,000 range. Then came properties in the £424,000 - £526,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 225 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,391 (-3%).

In January 2025, there were 8 new estate agency instructions, 8 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in NP15 (Usk)

46.27%

Property prices in NP15 (Usk) increased by 46.27% 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 NP15 (Usk) Over the Last Year

6.14%

Property prices in NP15 (Usk) increased by 6.14% 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 NP15 (Usk) - January 2025

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 NP15 (Usk)

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 NP15 (Usk)

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 NP15 (Usk)

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 NP15 (Usk) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NP15 postcode area since 1995.

Recent Sales in NP15 (Usk)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Fayre Oaks, Raglan, Usk, Monmouthshire, NP15 2HA£400,000£385,000-£15,00002 Jul 202418 Oct 2024108 Days
Flat 1, Castle Court, Maryport Street, Usk, Monmouthshire, NP15 1RW£99,950£92,500-£7,45011 Apr 202420 Sep 2024162 Days
Colindale, Monmouth Road, Raglan, Usk, Monmouthshire, NP15 2HG£635,000£625,000-£10,00029 May 202413 Sep 2024107 Days
27 Ladyhill Close, Usk, Monmouthshire, NP15 1SJ£425,000£420,000-£5,00005 Jun 202427 Aug 202483 Days
34 Abergavenny Road, Usk, Monmouthshire, NP15 1SB£460,000£446,000-£14,00008 Mar 202423 Aug 2024168 Days
2 Blackbarn Close, Usk, Monmouthshire, NP15 1BS£315,000£301,000-£14,00007 Mar 202417 Jul 2024132 Days
53 Mill Street, Usk, Monmouthshire, NP15 1AP£450,000£450,000£007 Mar 202407 Jun 202492 Days
7 Black Bear Close, Bettws Newydd, Usk, Monmouthshire, NP15 1EQ£799,950£735,000-£64,95027 Oct 202307 Jun 2024224 Days
9 Cwrt Bryn Derwen, Usk, Monmouthshire, NP15 1QN£875,000£875,000£026 Dec 202306 Jun 2024163 Days
41 Burrium Gate, Usk, Monmouthshire, NP15 1TN£315,000£265,000-£50,00024 Jan 202409 May 2024106 Days
6 Castle Road, Raglan, Usk, Monmouthshire, NP15 2JZ£465,000£430,000-£35,00029 Aug 202309 May 2024254 Days
21 Beaufort Crescent, Monkswood, Usk, Monmouthshire, NP15 1QL£245,000£240,000-£5,00025 Oct 202303 Apr 2024161 Days
43 Burrium Gate, Usk, Monmouthshire, NP15 1TN£335,000£320,000-£15,00015 Jul 202327 Feb 2024227 Days
4 Castle Street, Raglan, Usk, Monmouthshire, NP15 2DS£340,000£320,000-£20,00026 Sep 202309 Feb 2024136 Days
Strand House, Monmouth Road, Usk, Monmouthshire, NP15 1SE£375,000£355,000-£20,00028 Jun 202301 Feb 2024218 Days
29 Maryport Street, Usk, Monmouthshire, NP15 1AE£270,000£252,500-£17,50004 Jan 202331 Jan 2024392 Days
2 Barons Court, Usk, Monmouthshire, NP15 1AY£700,000£700,000£021 Jul 202318 Dec 2023150 Days
2 Hillside, Kingcoed, Usk, Monmouthshire, NP15 1DW£475,000£463,000-£12,00019 Jun 202308 Dec 2023172 Days
3 Ladyhill Close, Usk, Monmouthshire, NP15 1SJ£275,000£257,500-£17,50027 Jun 202305 Dec 2023161 Days
3 Bersondy, Llanarth, Usk, Monmouthshire, NP15 2AY£275,000£245,000-£30,00005 Jul 202315 Nov 2023133 Days

Most Expensive Streets in NP15 (Usk)

PostcodeStreetAreaAverageNo. of Sales
NP15 1NNLlangybiUsk£876,6663
NP15 1QNCwrt Bryn DerwenUsk£778,1254
NP15 1NPLlangybiUsk£638,7504
NP15 1NLParc Road, LlangybiUsk£625,0004
NP15 2LDWarrage Road, RaglanUsk£617,0003
NP15 1DLLlandennyUsk£615,6254
NP15 1QZMonmouth RoadUsk£612,5006
NP15 1PYRhadyrUsk£559,1663
NP15 1TZCassia DriveUsk£543,3333
NP15 1AUNew Market StreetUsk£528,7504

Least Expensive Streets in NP15 (Usk)

PostcodeStreetAreaAverageNo. of Sales
NP15 1RWCastle Court, Maryport Street, UskUsk£80,84910
NP15 1BZBlack Friars, The MeadowsUsk£172,0005
NP15 1QLBeaufort Crescent, MonkswoodUsk£219,80010
NP15 1TRSilure ViewUsk£241,8758
NP15 1ADMaryport StreetUsk£251,6663
NP15 2EFSunnyvale, RaglanUsk£258,18010
NP15 1QWCastle MewsUsk£258,3758
NP15 1BEFour Ash CourtUsk£262,5004
NP15 1BSBlackbarn CloseUsk£265,5006
NP15 1AEMaryport StreetUsk£265,6124

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