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Newent House Prices Newent House Prices

The average house price in Newent is £272,000 using HM Land Registry data.

The average property price increased by £34,792 (12.88%) over the last 5 years and increased by £6,970 (2.34%) over the last 12 months.

Over the last year, there were 68 residential property sales – a decrease of 39 transactions (-57.35%) relative to the previous year. The majority of house sales (17) were in the £270,000 - £320,000 range. Then came properties in the £220,000 - £270,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 143 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,587 (-2%).

In January 2025, there were 17 new estate agency instructions, 12 agreed home sales and 1 property price reductions.

Postcodes Covered: GL18

5-Year Average Property Prices in Newent

12.88%

Property prices in Newent increased by 12.88% 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 Newent Over the Last Year

2.34%

Property prices in Newent increased by 2.34% 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 Newent - 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 Newent

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 Newent

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 Newent

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 Newent since 1995

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

Recent Property Sales in Newent

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Coopers Way, Newent, Gloucestershire, GL18 1TJ£385,000£377,000-£8,00020 Feb 202407 Nov 2024261 Days
267 Foley Road, Newent, Gloucestershire, GL18 1SR£245,000£245,000£018 Jun 202431 Oct 2024135 Days
Oaklands, Watery Lane, Newent, Gloucestershire, GL18 1QG£325,000£305,000-£20,00003 Jul 202418 Oct 2024107 Days
15 Winfield, Newent, Gloucestershire, GL18 1QB£345,000£340,000-£5,00031 Aug 202315 Oct 2024411 Days
4 Glebe Close, Newent, Gloucestershire, GL18 1BQ£450,000£425,000-£25,00009 Feb 202415 Oct 2024249 Days
37 Russett Way, Newent, Gloucestershire, GL18 1TS£200,000£198,000-£2,00003 Jul 202401 Oct 202490 Days
1 Tything Mews, Newent, Gloucestershire, GL18 1PW£250,000£240,000-£10,00014 Jun 202425 Sep 2024103 Days
19 West View, Newent, Gloucestershire, GL18 1TE£270,000£265,000-£5,00031 May 202425 Sep 2024117 Days
10 Onslow Road, Newent, Gloucestershire, GL18 1TL£320,000£310,000-£10,00012 Apr 202416 Sep 2024157 Days
2 Cleeve Rise, Newent, Gloucestershire, GL18 1BZ£325,000£320,000-£5,00012 Jun 202409 Sep 202489 Days
Rocklands, Culver Street, Newent, Gloucestershire, GL18 1JA£595,000£585,000-£10,00001 May 202430 Aug 2024121 Days
15 Akermans Orchard, Newent, Gloucestershire, GL18 1QD£289,950£289,950£019 Apr 202405 Aug 2024108 Days
5 Blenheim Drive, Newent, Gloucestershire, GL18 1TU£287,500£285,000-£2,50022 Apr 202423 Jul 202492 Days
9 Daffodil Court, Newent, Gloucestershire, GL18 1TY£145,000£90,000-£55,00021 Feb 201821 Jun 20242312 Days
15 Onslow Road, Newent, Gloucestershire, GL18 1TL£480,000£475,000-£5,00009 Feb 202421 Jun 2024133 Days
74 Lakeside, Newent, Gloucestershire, GL18 1TA£259,950£259,950£011 Jan 202412 Apr 202492 Days
8 Russett Way, Newent, Gloucestershire, GL18 1TS£215,000£205,000-£10,00018 Nov 202310 Apr 2024144 Days
22 The Tythings, Newent, Gloucestershire, GL18 1QQ£299,950£295,000-£4,95005 Apr 202305 Apr 2024366 Days
8 Johnstone Road, Newent, Gloucestershire, GL18 1PZ£285,000£282,000-£3,00022 Jan 202405 Apr 202474 Days
2 Coopers Way, Newent, Gloucestershire, GL18 1TJ£355,000£355,000£018 Sep 202301 Mar 2024165 Days

Most Expensive Streets in Newent

PostcodeStreetAreaAverageNo. of Sales
GL18 1ANHigh StreetNewent£505,0003
GL18 1BQGlebe CloseNewent£443,8005
GL18 1JZCherry BankNewent£421,6663
GL18 1RTValegro AvenueNewent£407,41212
GL18 1RXSchool ViewNewent£402,61610
GL18 1UGHudson WalkNewent£382,0687
GL18 1SDHorsefair CloseNewent£378,1858
GL18 1RUMantley GroveNewent£376,3537
GL18 1AYHigh StreetNewent£375,3754
GL18 1RGHorse Fair LaneNewent£365,8333

Least Expensive Streets in Newent

PostcodeStreetAreaAverageNo. of Sales
GL18 1TYDaffodil CourtNewent£121,34613
GL18 1TPPerry CloseNewent£178,0905
GL18 1SQThe CroftsNewent£178,8256
GL18 1SPFoley RoadNewent£179,0003
GL18 1AAChurch StreetNewent£179,0003
GL18 1SJThe ButtsNewent£193,9833
GL18 1QJKnights WayNewent£194,8754
GL18 1TNReevers RoadNewent£196,1905
GL18 1TSRussett WayNewent£199,99511
GL18 1PWTything MewsNewent£206,3333

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