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House Prices in SA45

The average house price in SA45 (New Quay) is £221,666 using HM Land Registry data.

The average property price increased by £82,544 (6.47%) over the last 5 years and increased by £16,502 (1.12%) over the last 12 months.

Over the last year, there were 15 residential property sales – a decrease of 13 transactions (-86.67%) relative to the previous year. The majority of house sales (8) were in the £216,000 - £302,000 range. Then came properties in the £130,000 - £216,000 range, where 3 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,150 (-3%).

In June 2024, there were 9 new estate agency instructions, 3 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in SA45 (New Quay)

6.47%

Property prices in New Quay increased by 6.47% 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 SA45 (New Quay) Over the Last Year

1.12%

Property prices in New Quay increased by 1.12% 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 SA45 (New Quay) - 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 SA45 (New Quay)

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 SA45 (New Quay)

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 SA45 (New Quay)

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 SA45 (New Quay) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SA45 postcode area since 1995.

Recent Sales in SA45 (New Quay)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
34 Cwmhalen, New Quay, Ceredigion, SA45 9SF	£250,000	£250,000	£00	02 Jan 2024	29 Feb 2024	58 Days
26 Cwmhalen, New Quay, Ceredigion, SA45 9SF	£235,000	£230,000	-£5,000	23 Jun 2023	29 Feb 2024	251 Days
8 Bro Gido, Gilfachrheda, New Quay, Ceredigion, SA45 9SR	£189,000	£185,000	-£4,000	15 Sep 2023	09 Feb 2024	147 Days
Yr Arch, School Lane, New Quay, Ceredigion, SA45 9TE	£145,000	£137,500	-£7,500	06 Feb 2023	29 Aug 2023	204 Days
Ina View, George Street, New Quay, Ceredigion, SA45 9QR	£235,000	£218,000	-£17,000	17 Nov 2022	26 Jun 2023	221 Days
Rhianfa, Gomer Crescent, New Quay, Ceredigion, SA45 9NL	£465,000	£450,000	-£15,000	26 Jan 2023	16 Jun 2023	141 Days
6 Margaret Street, New Quay, Ceredigion, SA45 9QJ	£389,950	£382,500	-£7,450	01 Nov 2022	28 Feb 2023	119 Days
Cartrefle, George Street, New Quay, Ceredigion, SA45 9QR	£330,000	£317,500	-£12,500	01 Aug 2022	24 Feb 2023	207 Days
18 Cwmhalen, New Quay, Ceredigion, SA45 9SF	£238,000	£235,000	-£3,000	20 Jul 2022	06 Dec 2022	139 Days
14 Cwmhalen, New Quay, Ceredigion, SA45 9SF	£235,000	£226,000	-£9,000	29 Mar 2022	15 Nov 2022	231 Days
Sanris, Picton Terrace, New Quay, Ceredigion, SA45 9QA	£389,950	£380,000	-£9,950	23 Aug 2022	04 Nov 2022	73 Days
32 Cwmhalen, New Quay, Ceredigion, SA45 9SF	£285,000	£285,000	£00	21 Apr 2022	28 Jul 2022	98 Days
18 High Terrace, New Quay, Ceredigion, SA45 9NJ	£469,000	£450,000	-£19,000	13 Apr 2022	28 Jul 2022	106 Days
3 High Street, New Quay, Ceredigion, SA45 9NY	£445,000	£432,500	-£12,500	05 Nov 2021	18 Jul 2022	255 Days
Carn Ingli, Hill Street, New Quay, Ceredigion, SA45 9QD	£300,000	£280,000	-£20,000	18 Feb 2022	06 Jun 2022	108 Days
34 Cwmhalen, New Quay, Ceredigion, SA45 9SF	£249,000	£249,000	£00	17 Sep 2021	16 Dec 2021	90 Days
9 Park Street, New Quay, Ceredigion, SA45 9QG	£295,000	£290,000	-£5,000	06 Jul 2021	21 Oct 2021	107 Days
6 Margaret Street, New Quay, Ceredigion, SA45 9QJ	£345,000	£330,000	-£15,000	23 Jun 2021	27 Aug 2021	65 Days
1 Margaret Street, New Quay, Ceredigion, SA45 9QJ	£280,000	£265,000	-£15,000	03 Feb 2020	23 Aug 2021	567 Days
1 Llys Y Dderwen, New Quay, Ceredigion, SA45 9SY	£179,500	£179,500	£00	27 Feb 2020	23 Jul 2021	512 Days

Most Expensive Streets in SA45 (New Quay)

Postcode	Street	Area	Average	No. of Sales
SA45 9QA	Picton Terrace	New Quay	£360,350	3
SA45 9NX	Church Street	New Quay	£334,166	3
SA45 9QJ	Margaret Street	New Quay	£325,833	3
SA45 9TH	Maenygroes	New Quay	£322,500	5
SA45 9SE	New Quay, Ceredigion	New Quay	£313,750	4
SA45 9QQ	Towyn Road	New Quay	£309,333	3
SA45 9QL	Francis Street	New Quay	£303,833	3
SA45 9QG	Park Street	New Quay	£285,300	5
SA45 9PY	Queen Street	New Quay	£278,000	3
SA45 9RJ	Maenygroes	New Quay	£262,250	4

Least Expensive Streets in SA45 (New Quay)

Postcode	Street	Area	Average	No. of Sales
SA45 9NZ	Church Street	New Quay	£174,666	3
SA45 9SR	Gilfachrheda	New Quay	£202,166	6
SA45 9TA	Dolphin Court	New Quay	£216,750	8
SA45 9QR	George Street	New Quay	£226,362	4
SA45 9QD	Hill Street	New Quay	£227,000	4
SA45 9SF	Cwmhalen	New Quay	£233,633	15
SA45 9RP	Nanternis	New Quay	£235,207	7
SA45 9RL	Maenygroes	New Quay	£243,166	6
SA45 9SW	New Quay, Ceredigion	New Quay	£250,500	5
SA45 9RJ	Maenygroes	New Quay	£262,250	4