Blackwood House Prices Blackwood House Prices

The average house price in Blackwood is £151,800 using HM Land Registry data.

The average property price increased by £72,059 (48.06%) over the last 5 years and increased by £14,405 (6.94%) over the last 12 months.

Over the last year, there were 81 residential property sales – a decrease of 72 transactions (-88.89%) relative to the previous year. The majority of house sales (25) were in the £120,000 - £156,000 range. Then came properties in the £156,000 - £192,000 range, where 14 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 £-10,084 (-5%).

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

5-Year Average Property Prices in Blackwood

48.06%

Property prices in Blackwood increased by 48.06% 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 Blackwood Over the Last Year

6.94%

Property prices in Blackwood increased by 6.94% 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 Blackwood - Oct 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 Blackwood

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 Blackwood

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 Blackwood

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 Blackwood since 1995

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

Recent Property Sales in Blackwood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Montclaire Avenue, Blackwood, Caerphilly, NP12 1EE£219,950£206,000-£13,95009 Oct 202329 Jul 2024294 Days
47 Rhys Road, Blackwood, Caerphilly, NP12 3QR£485,000£465,000-£20,00025 Mar 202429 Jul 2024126 Days
18 Cae Collen, Blackwood, Caerphilly, NP12 1FF£170,000£162,500-£7,50005 Mar 202422 Jul 2024139 Days
65 Pwllglas Road, Cefn Fforest, Blackwood, Caerphilly, NP12 3NF£235,000£225,000-£10,00013 Sep 202312 Jul 2024303 Days
6 Rhys Road, Blackwood, Caerphilly, NP12 3QR£200,000£180,000-£20,00020 Dec 202303 Jun 2024166 Days
17 Bedwellty Road, Cefn Fforest, Blackwood, Caerphilly, NP12 3HE£190,000£190,000£0026 Jan 202429 May 2024124 Days
32 Rhys Road, Blackwood, Caerphilly, NP12 3QR£220,000£212,000-£8,00003 Nov 202323 May 2024202 Days
18 Bryn Derw, Blackwood, Caerphilly, NP12 1SN£290,000£290,000£0030 Nov 202315 May 2024167 Days
17 Pwllglas Road, Cefn Fforest, Blackwood, Caerphilly, NP12 3NE£145,000£140,000-£5,00025 Mar 202310 May 2024412 Days
13 Parc Plas, Blackwood, Caerphilly, NP12 1SJ£450,000£433,000-£17,00023 Nov 202328 Mar 2024126 Days
28 Waun Llwyn Crescent, Blackwood, Caerphilly, NP12 1WQ£120,000£117,000-£3,00015 Jan 202422 Mar 202467 Days
22 Bloomfield Road, Blackwood, Caerphilly, NP12 1QB£199,950£193,000-£6,95008 Sep 202315 Mar 2024189 Days
60 Sunnybank Road, Blackwood, Caerphilly, NP12 1HZ£160,000£145,000-£15,00021 Sep 202313 Feb 2024145 Days
1 Thorncombe Road, Blackwood, Caerphilly, NP12 1AT£269,000£269,000£0004 Nov 202331 Jan 202488 Days
6 The Paddocks, Cwmgelli, Blackwood, Caerphilly, NP12 1HF£550,000£518,000-£32,00022 Aug 202318 Jan 2024149 Days
37 Cwrt Y Coed, Blackwood, Caerphilly, NP12 1GL£210,000£200,000-£10,00021 Sep 202319 Dec 202389 Days
155 Beaumaris Way, Grove Park, Blackwood, Caerphilly, NP12 1DF£244,000£218,000-£26,00023 Aug 202324 Nov 202393 Days
30 Beaumaris Way, Grove Park, Blackwood, Caerphilly, NP12 1DE£150,000£150,000£0026 Apr 202323 Nov 2023211 Days
1 Woodfield Street, Woodfieldside, Blackwood, Caerphilly, NP12 0BT£150,000£120,000-£30,00013 Jun 202320 Nov 2023160 Days
Greenfield, Park Terrace, Woodfieldside, Blackwood, Caerphilly, NP12 0PE£249,000£215,000-£34,00021 Jul 202303 Nov 2023105 Days

Most Expensive Streets in Blackwood

PostcodeStreetAreaAverageNo. of Sales
NP12 1HRSouth View RoadBlackwood£427,3333
NP12 1WUMagnolia DriveBlackwood£353,6663
NP12 1HSPentwyn AvenueBlackwood£341,7857
NP12 1GTClos Coed BachBlackwood£309,7505
NP12 1SJParc PlasBlackwood£300,0005
NP12 1ELLon PennantCwmgelli£297,3333
NP12 1WWAspen AvenueBlackwood£294,1663
NP12 1HHCaldicot CloseBlackwood£292,8005
NP12 0DEPark View BungalowsPenmaen£292,3333
NP12 1GWRhodfa GlascoedBlackwood£289,90911

Least Expensive Streets in Blackwood

PostcodeStreetAreaAverageNo. of Sales
NP12 1WPCoedcae WalkBlackwood£95,6833
NP12 3LDPencoed AvenueCefn Fforest£97,1663
NP12 1WHChartist WayBlackwood£107,9005
NP12 1WBApollo WayBlackwood£109,4647
NP12 3NRFair ViewBlackwood£112,1427
NP12 3JRWaunborfa RoadCefn Fforest£114,3333
NP12 1WQWaun Llwyn CrescentBlackwood£115,0004
NP12 1PXLewis StreetBlackwood£118,1119
NP12 0DASycamore CourtWoodfieldside£120,2374
NP12 1NYHall StreetBlackwood£120,4287

Explore Blackwood and Neighbouring Area House Prices