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House Prices in NP24 House Prices in NP24 (New Tredegar)

The average house price in NP24 (New Tredegar) is £121,500 using HM Land Registry data.

The average property price increased by £27,025 (50.12%) over the last 5 years and increased by £5,414 (6.5%) over the last 12 months.

Over the last year, there were 41 residential property sales – a decrease of 11 transactions (-26.83%) relative to the previous year. The majority of house sales (10) were in the £78,000 - £96,000 range. Then came properties in the £96,000 - £114,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 226 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,176 (-4%).

In January 2025, there were 6 new estate agency instructions, 3 agreed home sales and 2 property price reductions.

Nearby Postcodes: CF46, CF48, CF81, CF82, LD3, NP11, NP12, NP13, NP22, NP23, NP8

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

50.12%

Property prices in NP24 (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 NP24 (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.

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 NP24 (New Tredegar) - 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Bristol Terrace, Brithdir, New Tredegar, Caerphilly, NP24 6JG£125,000£120,000-£5,00010 Sep 202413 Dec 202494 Days
29 Queens Road, Elliots Town, New Tredegar, Caerphilly, NP24 6NN£125,000£120,000-£5,00031 May 202429 Nov 2024182 Days
78 Jones Street, Phillipstown, New Tredegar, Caerphilly, NP24 6BE£94,995£85,000-£9,99516 Sep 202427 Nov 202472 Days
32 Duffryn Terrace, Elliots Town, New Tredegar, Caerphilly, NP24 6DQ£125,000£120,000-£5,00004 Jun 202422 Nov 2024171 Days
11 Birchgrove, Tirphil, New Tredegar, Caerphilly, NP24 6AH£90,000£85,000-£5,00026 Feb 202422 Nov 2024270 Days
35 Derlwyn Street, Phillipstown, New Tredegar, Caerphilly, NP24 6AY£80,000£80,000£014 May 202407 Nov 2024177 Days
35 Jubilee Road, New Tredegar, Caerphilly, NP24 6NX£90,000£90,000£010 May 202420 Sep 2024133 Days
8 Phillips Street, Elliots Town, New Tredegar, Caerphilly, NP24 6DT£125,000£120,000-£5,00005 Apr 202413 Sep 2024161 Days
108 Queens Road, Elliots Town, New Tredegar, Caerphilly, NP24 6DU£150,000£150,000£024 Apr 202422 Aug 2024120 Days
12 Duffryn Terrace, Elliots Town, New Tredegar, Caerphilly, NP24 6DG£120,000£120,000£019 Sep 202307 Aug 2024323 Days
21 James Street, Brithdir, New Tredegar, Caerphilly, NP24 6JN£110,000£108,500-£1,50009 Apr 202426 Jul 2024108 Days
19 Station Terrace, Brithdir, New Tredegar, Caerphilly, NP24 6JS£120,000£111,000-£9,00029 Mar 202417 Jul 2024110 Days
28 Jones Street, Phillipstown, New Tredegar, Caerphilly, NP24 6BB£100,000£95,000-£5,00010 Jan 202421 Jun 2024163 Days
27 James Street, Brithdir, New Tredegar, Caerphilly, NP24 6JN£90,000£82,000-£8,00009 Dec 202307 Jun 2024181 Days
70 Greenfield Street, New Tredegar, Caerphilly, NP24 6LQ£90,000£90,000£029 Dec 202322 May 2024145 Days
13 Woodland Terrace, New Tredegar, Caerphilly, NP24 6LL£170,000£150,000-£20,00026 Dec 202326 Apr 2024122 Days
Clifton Villa, Graig Y Bedw, Elliots Town, New Tredegar, Caerphilly, NP24 6NS£110,000£100,000-£10,00013 Oct 202315 Apr 2024185 Days
11 Upper Stanley Terrace, Elliots Town, New Tredegar, Caerphilly, NP24 6NL£125,000£125,000£022 Dec 202328 Mar 202497 Days
5 South View, Phillipstown, New Tredegar, Caerphilly, NP24 6BZ£160,000£159,000-£1,00011 Dec 202301 Mar 202481 Days
6 James Street, New Tredegar, Caerphilly, NP24 6EW£90,000£80,000-£10,00004 Aug 202314 Feb 2024194 Days

Most Expensive Streets in NP24 (New Tredegar)

PostcodeStreetAreaAverageNo. of Sales
NP24 6LLWoodland TerraceNew Tredegar£213,7504
NP24 6LYGraig Rhymney, TirphilNew Tredegar£156,8333
NP24 6NRGorse Terrace, Elliots TownNew Tredegar£131,8333
NP24 6NNQueens Road, Elliots TownNew Tredegar£128,5006
NP24 6LGGreenfield StreetNew Tredegar£116,6663
NP24 6DUQueens Road, Elliots TownNew Tredegar£115,0003
NP24 6HFChurch TerraceNew Tredegar£104,2005
NP24 6JSStation Terrace, BrithdirNew Tredegar£101,0003
NP24 6DWSchool Street, Elliots TownNew Tredegar£99,5279
NP24 6DGDuffryn Terrace, Elliots TownNew Tredegar£97,7378

Least Expensive Streets in NP24 (New Tredegar)

PostcodeStreetAreaAverageNo. of Sales
NP24 6BNMeadow Terrace, PhillipstownNew Tredegar£46,9993
NP24 6BGPenrhyn Terrace, PhillipstownNew Tredegar£55,8333
NP24 6PBJubilee RoadNew Tredegar£60,6503
NP24 6NXJubilee RoadNew Tredegar£66,8663
NP24 6BADerlwyn Street, PhillipstownNew Tredegar£72,9086
NP24 6BBJones Street, PhillipstownNew Tredegar£73,6254
NP24 6AHBirchgrove, TirphilNew Tredegar£75,4005
NP24 6BEJones Street, PhillipstownNew Tredegar£76,1005
NP24 6ANFothergills RoadNew Tredegar£77,4864
NP24 6DZQueens Road, Elliots TownNew Tredegar£78,9916

Explore NP24 (New Tredegar) using map

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