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House Prices in NP23 House Prices in NP23 (Ebbw Vale)

The average house price in NP23 (Ebbw Vale) is £154,913 using HM Land Registry data.

The average property price increased by £51,309 (49.28%) over the last 5 years and increased by £10,280 (6.43%) over the last 12 months.

Over the last year, there were 277 residential property sales – a decrease of 107 transactions (-38.63%) relative to the previous year. The majority of house sales (71) were in the £80,000 - £112,000 range. Then came properties in the £112,000 - £144,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 147 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,218 (-4%).

In Dec 24, there were 34 new estate agency instructions, 14 agreed home sales and 14 property price reductions.

Nearby Postcodes: CF48, CF81, CF82, HR2, HR3, LD3, NP11, NP12, NP13, NP15, NP22, NP24, NP25, NP4, NP7, NP8

5-Year Average Property Prices in NP23 (Ebbw Vale)

49.28%

Property prices in Ebbw Vale increased by 49.28% 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 NP23 (Ebbw Vale) Over the Last Year

6.43%

Property prices in Ebbw Vale increased by 6.43% 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 NP23 (Ebbw Vale) - Dec 24

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 NP23 (Ebbw Vale)

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 NP23 (Ebbw Vale)

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 NP23 (Ebbw Vale)

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 NP23 (Ebbw Vale) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NP23 postcode area since 1995.

Recent Sales in NP23 (Ebbw Vale)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Birch Grove, Brynmawr, Ebbw Vale, Blaenau Gwent, NP23 4TD£185,000£176,000-£9,00027 Jul 202415 Nov 2024111 Days
29 Victoria Avenue, Victoria, Ebbw Vale, Blaenau Gwent, NP23 8AY£187,500£187,500£0018 Apr 202414 Nov 2024210 Days
15 Victoria Avenue, Victoria, Ebbw Vale, Blaenau Gwent, NP23 8AY£210,000£205,000-£5,00018 Jul 202408 Nov 2024113 Days
45 Brecon Heights, Victoria, Ebbw Vale, Blaenau Gwent, NP23 8WP£365,000£355,000-£10,00021 Jun 202405 Nov 2024137 Days
22 Heol Penycae, Ebbw Vale, Blaenau Gwent, NP23 5UD£210,000£210,000£0018 Aug 202404 Nov 202478 Days
7 Wesley Place, Beaufort, Ebbw Vale, Blaenau Gwent, NP23 5JS£200,000£195,000-£5,00031 May 202404 Nov 2024157 Days
28 King Street, Nantyglo, Ebbw Vale, Blaenau Gwent, NP23 4JN£99,995£99,995£0008 Apr 202430 Oct 2024205 Days
5 Gwaun Delyn Close, Nantyglo, Ebbw Vale, Blaenau Gwent, NP23 4NQ£265,000£265,000£0006 Aug 202425 Oct 202480 Days
Ty-gwyrdd, New Church Road, Ebbw Vale, Blaenau Gwent, NP23 5AA£650,000£600,000-£50,00022 Feb 202425 Oct 2024246 Days
30 William Street, Cwm, Ebbw Vale, Blaenau Gwent, NP23 7TH£120,000£120,000£0028 May 202419 Oct 2024144 Days
Maeshafod, Intermediate Road, Brynmawr, Ebbw Vale, Blaenau Gwent, NP23 4SE£450,000£437,500-£12,50022 Mar 202414 Oct 2024206 Days
21 Old Blaenavon Road, Brynmawr, Ebbw Vale, Blaenau Gwent, NP23 4BP£179,000£172,500-£6,50002 Jul 202427 Sep 202487 Days
17 North Street, Beaufort, Ebbw Vale, Blaenau Gwent, NP23 5RF£225,000£220,000-£5,00012 Jul 202427 Sep 202477 Days
2 Glan Ebbw Terrace, Victoria, Ebbw Vale, Blaenau Gwent, NP23 8AP£120,000£110,000-£10,00025 Mar 202419 Aug 2024147 Days
39 Beaufort Terrace, Beaufort, Ebbw Vale, Blaenau Gwent, NP23 5NW£145,000£140,000-£5,00011 Feb 202409 Aug 2024180 Days
5 Fitzroy Avenue, Ebbw Vale, Blaenau Gwent, NP23 5LN£180,000£172,000-£8,00020 Mar 202409 Aug 2024142 Days
3 Brynteg Terrace, Ebbw Vale, Blaenau Gwent, NP23 6NA£200,000£195,000-£5,00020 Mar 202426 Jul 2024128 Days
6 Tir Y Berth, Ebbw Vale, Blaenau Gwent, NP23 5UG£200,000£197,000-£3,00006 Feb 202415 Jul 2024160 Days
145 Marine Street, Cwm, Ebbw Vale, Blaenau Gwent, NP23 7SY£120,000£120,000£0016 Feb 202410 Jul 2024145 Days
126 King Street, Brynmawr, Ebbw Vale, Blaenau Gwent, NP23 4SZ£115,000£105,000-£10,00026 Mar 202403 Jul 202499 Days

Most Expensive Streets in NP23 (Ebbw Vale)

PostcodeStreetAreaAverageNo. of Sales
NP23 8WQBeech Grove, VictoriaEbbw Vale£371,7005
NP23 5UNBadminton GroveEbbw Vale£338,0004
NP23 6EGThe CrescentEbbw Vale£336,5905
NP23 5FPTyr MeddygEbbw Vale£298,3333
NP23 4QAChurchfields, BrynmawrEbbw Vale£298,3333
NP23 5FRPant Y FforestEbbw Vale£287,6005
NP23 5EYLlangynidr Road, BeaufortEbbw Vale£278,5005
NP23 5AANew Church RoadEbbw Vale£276,6663
NP23 5LPGantref WayEbbw Vale£270,8333
NP23 6EFQueen SquareEbbw Vale£270,1663

Least Expensive Streets in NP23 (Ebbw Vale)

PostcodeStreetAreaAverageNo. of Sales
NP23 7SZMarine Street, CwmEbbw Vale£51,8124
NP23 6UBPark View, WaunlwydEbbw Vale£63,2005
NP23 4UEThe Walk, NantygloEbbw Vale£63,5003
NP23 5FBParc Bychan, NewtownEbbw Vale£65,7883
NP23 6AQAsh GroveEbbw Vale£66,6254
NP23 6DBDrysiog StreetEbbw Vale£67,6005
NP23 4TQGurnos Estate, BrynmawrEbbw Vale£70,6663
NP23 6QUWordsworth CloseEbbw Vale£71,8333
NP23 7RNCanning Street, CwmEbbw Vale£71,9647
NP23 6PQTredegar RoadEbbw Vale£72,8333

Explore NP23 (Ebbw Vale) using map

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