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House Prices in NP22

The average house price in NP22 (Tredegar) is £127,704 using HM Land Registry data.

The average property price increased by £54,588 (20.93%) over the last 5 years and increased by £10,913 (3.27%) over the last 12 months.

Over the last year, there were 149 residential property sales – a decrease of 138 transactions (-92.62%) relative to the previous year. The majority of house sales (40) were in the £100,000 - £130,000 range. Then came properties in the £130,000 - £160,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 23 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,034 (-5%).

In June 2024, there were 39 new estate agency instructions, 27 agreed home sales and 31 property price reductions.

5-Year Average Property Prices in NP22 (Tredegar)

20.93%

Property prices in Tredegar increased by 20.93% 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 NP22 (Tredegar) Over the Last Year

3.27%

Property prices in Tredegar increased by 3.27% 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.

Property Market Heat Gauge for NP22 (Tredegar) - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 NP22 (Tredegar)

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 NP22 (Tredegar)

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 NP22 (Tredegar)

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 NP22 (Tredegar) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NP22 postcode area since 1995.

Recent Sales in NP22 (Tredegar)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
10 Park View, Tredegar, Blaenau Gwent, NP22 3NZ	£110,000	£102,000	-£8,000	11 Nov 2023	17 May 2024	188 Days
13 Park View, Tredegar, Blaenau Gwent, NP22 3NZ	£125,000	£122,000	-£3,000	30 Nov 2023	27 Mar 2024	118 Days
13 Park Hill, Tredegar, Blaenau Gwent, NP22 3NN	£82,500	£80,000	-£2,500	19 Sep 2023	25 Mar 2024	188 Days
17 Ashvale, Tredegar, Blaenau Gwent, NP22 4AG	£144,950	£137,000	-£7,950	16 Nov 2023	22 Mar 2024	127 Days
3 St James Way, Georgetown, Tredegar, Blaenau Gwent, NP22 4RA	£120,000	£120,000	£00	04 Jan 2024	21 Mar 2024	77 Days
40 Glyn Terrace, Tredegar, Blaenau Gwent, NP22 4HX	£134,950	£130,500	-£4,450	06 Oct 2023	15 Mar 2024	161 Days
1 Aneurin Terrace, Rhymney, Tredegar, Caerphilly, NP22 5DR	£110,000	£107,500	-£2,500	13 Oct 2023	01 Mar 2024	140 Days
12 Ladies Row, Tredegar, Blaenau Gwent, NP22 4PB	£100,000	£100,000	£00	16 Sep 2022	19 Feb 2024	521 Days
111 High Street, Rhymney, Tredegar, Caerphilly, NP22 5NG	£185,000	£176,000	-£9,000	14 Sep 2023	06 Feb 2024	145 Days
63 Beaufort Road, Tredegar, Blaenau Gwent, NP22 4NY	£120,000	£105,000	-£15,000	06 Jan 2023	06 Feb 2024	396 Days
14 Price Street, Rhymney, Tredegar, Caerphilly, NP22 5HG	£100,000	£93,000	-£7,000	25 Jul 2023	26 Jan 2024	185 Days
127 Vale Terrace, Tredegar, Blaenau Gwent, NP22 4HZ	£95,000	£95,000	£00	16 Jul 2023	15 Jan 2024	183 Days
1 Tanyllan Terrace, Rhymney, Tredegar, Caerphilly, NP22 5HE	£99,000	£95,000	-£4,000	26 Oct 2023	12 Jan 2024	78 Days
12 Park View, Tredegar, Blaenau Gwent, NP22 3NZ	£135,000	£135,000	£00	14 Sep 2023	12 Jan 2024	120 Days
20 Brangwyn Road, Cefn Golau, Tredegar, Blaenau Gwent, NP22 3TP	£90,000	£88,000	-£2,000	04 Aug 2023	22 Dec 2023	140 Days
33 Fields Road, Tredegar, Blaenau Gwent, NP22 4LW	£180,000	£176,000	-£4,000	31 May 2023	22 Dec 2023	205 Days
71 Glyn Terrace, Tredegar, Blaenau Gwent, NP22 4JA	£148,000	£144,000	-£4,000	04 Oct 2023	14 Dec 2023	71 Days
24 Morgan Street, Tredegar, Blaenau Gwent, NP22 3ND	£79,950	£70,000	-£9,950	02 Jun 2023	14 Dec 2023	195 Days
44 Shepherds Close, Sirhowy, Tredegar, Blaenau Gwent, NP22 4PU	£124,950	£112,500	-£12,450	11 May 2023	14 Dec 2023	217 Days
22 Pochin Crescent, Tredegar, Blaenau Gwent, NP22 4JR	£135,000	£125,000	-£10,000	31 Aug 2023	06 Dec 2023	97 Days

Most Expensive Streets in NP22 (Tredegar)

Postcode	Street	Area	Average	No. of Sales
NP22 3BP	Maes Morgan, Nantybwch	Tredegar	£408,000	5
NP22 3BL	Lakeside	Tredegar	£365,833	3
NP22 3AJ	Siloam Close, Tafarnaubach	Tredegar	£325,166	3
NP22 4DS	Arches Close, Dukestown	Tredegar	£323,000	3
NP22 4NH	St James Park	Tredegar	£266,825	6
NP22 3QX	Marian Close	Tredegar	£260,812	8
NP22 3AE	Merthyr Road, Princetown	Tredegar	£256,350	3
NP22 3SE	Nine Arches, Penybont	Tredegar	£255,333	3
NP22 4DL	Cwrt Pen Y Twyn, Dukestown	Tredegar	£255,000	4
NP22 4AU	Scwrfa Road, Scwrfa	Tredegar	£254,500	4

Least Expensive Streets in NP22 (Tredegar)

Postcode	Street	Area	Average	No. of Sales
NP22 3DD	St Georges Court	Tredegar	£48,500	3
NP22 3DB	St Georges Court	Tredegar	£55,666	3
NP22 3QD	Islwyn Terrace	Tredegar	£63,500	4
NP22 3LH	Pretoria Terrace, Georgetown	Tredegar	£67,625	4
NP22 3DA	St Georges Court	Tredegar	£68,375	4
NP22 3PE	Cripps Avenue, Cefn Golau	Tredegar	£68,737	4
NP22 3PT	Lower Salisbury Street	Tredegar	£75,166	3
NP22 4PA	King Street	Tredegar	£75,936	8
NP22 3JT	Victoria Terrace, Georgetown	Tredegar	£76,416	6
NP22 3PU	Upper Salisbury Street	Tredegar	£77,000	3