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House Prices in NP24

The average house price in NP24 (New Tredegar) is £0 using HM Land Registry data.

The average property price increased by £40,368 (50.12%) over the last 5 years and increased by £8,070 (6.5%) over the last 12 months.

Over the last year, there were 37 residential property sales – a decrease of 16 transactions (-43.24%) relative to the previous year. The majority of house sales (12) were in the £78,000 - £96,000 range. Then came properties in the £60,000 - £78,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 103 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,491 (-5%).

In June 2024, there were 14 new estate agency instructions, 10 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in NP24 (New Tredegar)

50.12%

Property prices in New Tredegar increased by 50.12% 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 NP24 (New Tredegar) Over the Last Year

6.5%

Property prices in New Tredegar increased by 6.5% 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.

Property Market Heat Gauge for NP24 (New 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 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 NP24 (New 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 NP24 (New 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 NP24 (New 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 NP24 (New Tredegar) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NP24 postcode area since 1995.

Recent Sales in NP24 (New Tredegar)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
13 Woodland Terrace, New Tredegar, Caerphilly, NP24 6LL	£170,000	£150,000	-£20,000	26 Dec 2023	26 Apr 2024	122 Days
11 Upper Stanley Terrace, Elliots Town, New Tredegar, Caerphilly, NP24 6NL	£125,000	£125,000	£00	22 Dec 2023	28 Mar 2024	97 Days
18 Queens Road, Elliots Town, New Tredegar, Caerphilly, NP24 6NN	£85,000	£85,000	£00	10 Jul 2023	23 Jan 2024	197 Days
2 Church Terrace, New Tredegar, Caerphilly, NP24 6HF	£140,000	£134,000	-£6,000	14 Jul 2023	03 Nov 2023	112 Days
5 St Davids Park, New Tredegar, Caerphilly, NP24 6BJ	£280,000	£270,500	-£9,500	23 Mar 2023	30 Oct 2023	221 Days
16 Milton Terrace, Brithdir, New Tredegar, Caerphilly, NP24 6HU	£100,000	£100,000	£00	13 Apr 2023	13 Oct 2023	183 Days
12 Fothergills Road, New Tredegar, Caerphilly, NP24 6AP	£125,000	£117,000	-£8,000	24 Feb 2023	28 Jul 2023	154 Days
44 Jubilee Road, New Tredegar, Caerphilly, NP24 6NY	£110,000	£97,000	-£13,000	26 Dec 2022	30 Jun 2023	186 Days
7 Sunnybank, Tirphil, New Tredegar, Caerphilly, NP24 6EL	£137,000	£130,000	-£7,000	14 Feb 2023	09 Jun 2023	115 Days
31 Powells Terrace, New Tredegar, Caerphilly, NP24 6AJ	£90,000	£88,000	-£2,000	01 Oct 2022	22 May 2023	233 Days
8 Tennyson Terrace, Brithdir, New Tredegar, Caerphilly, NP24 6HY	£145,000	£145,000	£00	13 Feb 2023	12 May 2023	88 Days
20 Upper Road, Elliots Town, New Tredegar, Caerphilly, NP24 6ED	£319,950	£305,000	-£14,950	15 Dec 2022	05 May 2023	141 Days
9 Duffryn Terrace, Elliots Town, New Tredegar, Caerphilly, NP24 6DG	£90,000	£85,000	-£5,000	03 Jan 2023	27 Apr 2023	114 Days
69 Greenfield Street, New Tredegar, Caerphilly, NP24 6LQ	£90,000	£85,000	-£5,000	10 Oct 2022	31 Mar 2023	172 Days
4 Fothergills Road, New Tredegar, Caerphilly, NP24 6AP	£120,000	£115,000	-£5,000	21 Nov 2022	29 Mar 2023	128 Days
13 Church Terrace, New Tredegar, Caerphilly, NP24 6HF	£120,000	£110,000	-£10,000	19 Aug 2022	22 Mar 2023	215 Days
89 Queens Road, Elliots Town, New Tredegar, Caerphilly, NP24 6DZ	£110,000	£110,000	£00	24 Sep 2022	22 Mar 2023	179 Days
50 School Street, Elliots Town, New Tredegar, Caerphilly, NP24 6DW	£140,000	£135,000	-£5,000	15 Dec 2022	17 Feb 2023	64 Days
28 Jones Street, Phillipstown, New Tredegar, Caerphilly, NP24 6BB	£120,000	£100,000	-£20,000	24 Aug 2022	16 Jan 2023	145 Days
112 Chapel Street, New Tredegar, Caerphilly, NP24 6AQ	£119,000	£114,000	-£5,000	05 May 2022	16 Dec 2022	225 Days

Most Expensive Streets in NP24 (New Tredegar)

Postcode	Street	Area	Average	No. of Sales
NP24 6BJ	St Davids Park	New Tredegar	£265,166	3
NP24 6LL	Woodland Terrace	New Tredegar	£223,333	3
NP24 6LY	Graig Rhymney, Tirphil	New Tredegar	£156,833	3
NP24 6NR	Gorse Terrace, Elliots Town	New Tredegar	£131,833	3
NP24 6NN	Queens Road, Elliots Town	New Tredegar	£130,200	5
NP24 6NP	Brookland View, Elliots Town	New Tredegar	£108,316	3
NP24 6EP	Sunnybank, Tirphil	New Tredegar	£104,375	4
NP24 6HF	Church Terrace	New Tredegar	£104,200	5
NP24 6AJ	Powells Terrace	New Tredegar	£101,083	3
NP24 6DW	School Street, Elliots Town	New Tredegar	£98,400	5

Least Expensive Streets in NP24 (New Tredegar)

Postcode	Street	Area	Average	No. of Sales
NP24 6BN	Meadow Terrace, Phillipstown	New Tredegar	£46,999	3
NP24 6NZ	Jubilee Road	New Tredegar	£49,500	3
NP24 6BG	Penrhyn Terrace, Phillipstown	New Tredegar	£55,833	3
NP24 6DN	School Street, Elliots Town	New Tredegar	£59,666	3
NP24 6PB	Jubilee Road	New Tredegar	£60,650	3
NP24 6BB	Jones Street, Phillipstown	New Tredegar	£66,500	3
NP24 6AH	Birchgrove, Tirphil	New Tredegar	£67,400	5
NP24 6DQ	Duffryn Terrace, Elliots Town	New Tredegar	£69,166	3
NP24 6BE	Jones Street, Phillipstown	New Tredegar	£70,166	3
NP24 6BA	Derlwyn Street, Phillipstown	New Tredegar	£71,090	5