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House Prices in NP15

The average house price in NP15 (Usk) is £406,071 using HM Land Registry data.

The average property price increased by £120,569 (46.27%) over the last 5 years and increased by £24,103 (6.14%) over the last 12 months.

Over the last year, there were 69 residential property sales – a decrease of 25 transactions (-36.23%) relative to the previous year. The majority of house sales (19) were in the £200,000 - £306,000 range. Then came properties in the £306,000 - £412,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,675 (-3%).

In June 2024, there were 23 new estate agency instructions, 17 agreed home sales and 20 property price reductions.

5-Year Average Property Prices in NP15 (Usk)

46.27%

Property prices in Usk increased by 46.27% 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 NP15 (Usk) Over the Last Year

6.14%

Property prices in Usk increased by 6.14% 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 NP15 (Usk) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 NP15 (Usk)

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 NP15 (Usk)

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 NP15 (Usk)

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 NP15 (Usk) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NP15 postcode area since 1995.

Recent Sales in NP15 (Usk)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
41 Burrium Gate, Usk, Monmouthshire, NP15 1TN	£315,000	£265,000	-£50,000	24 Jan 2024	09 May 2024	106 Days
21 Beaufort Crescent, Monkswood, Usk, Monmouthshire, NP15 1QL	£245,000	£240,000	-£5,000	25 Oct 2023	03 Apr 2024	161 Days
43 Burrium Gate, Usk, Monmouthshire, NP15 1TN	£335,000	£320,000	-£15,000	15 Jul 2023	27 Feb 2024	227 Days
4 Castle Street, Raglan, Usk, Monmouthshire, NP15 2DS	£340,000	£320,000	-£20,000	26 Sep 2023	09 Feb 2024	136 Days
29 Maryport Street, Usk, Monmouthshire, NP15 1AE	£270,000	£252,500	-£17,500	04 Jan 2023	31 Jan 2024	392 Days
2 Barons Court, Usk, Monmouthshire, NP15 1AY	£700,000	£700,000	£00	21 Jul 2023	18 Dec 2023	150 Days
2 Hillside, Kingcoed, Usk, Monmouthshire, NP15 1DW	£475,000	£463,000	-£12,000	19 Jun 2023	08 Dec 2023	172 Days
3 Ladyhill Close, Usk, Monmouthshire, NP15 1SJ	£275,000	£257,500	-£17,500	27 Jun 2023	05 Dec 2023	161 Days
3 Bersondy, Llanarth, Usk, Monmouthshire, NP15 2AY	£275,000	£245,000	-£30,000	05 Jul 2023	15 Nov 2023	133 Days
19 Ethley Drive, Raglan, Usk, Monmouthshire, NP15 2FD	£475,000	£475,000	£00	31 Mar 2023	10 Nov 2023	224 Days
5 Abergavenny Road, Usk, Monmouthshire, NP15 1SB	£495,000	£480,000	-£15,000	28 Feb 2023	03 Nov 2023	248 Days
15 The Meadows, Usk, Monmouthshire, NP15 1BT	£350,000	£350,000	£00	12 Sep 2023	27 Oct 2023	45 Days
7 Maryport Street, Usk, Monmouthshire, NP15 1AB	£299,950	£275,000	-£24,950	24 Mar 2023	24 Oct 2023	214 Days
15 Old Market Street, Usk, Monmouthshire, NP15 1AL	£340,000	£340,000	£00	08 Nov 2022	17 Oct 2023	343 Days
11 Sunnyvale, Raglan, Usk, Monmouthshire, NP15 2EF	£299,950	£299,950	£00	23 Jun 2023	29 Sep 2023	98 Days
8a, Ladyhill, Usk, Monmouthshire, NP15 1SH	£500,000	£500,000	£00	02 Jun 2023	22 Sep 2023	112 Days
13 Barton Bridge Close, Raglan, Usk, Monmouthshire, NP15 2JW	£375,000	£372,000	-£3,000	09 Jun 2023	20 Sep 2023	103 Days
6 Castle Street, Raglan, Usk, Monmouthshire, NP15 2DS	£550,000	£550,000	£00	28 Jan 2023	16 Aug 2023	200 Days
3 Castle Street, Raglan, Usk, Monmouthshire, NP15 2DS	£365,000	£328,000	-£37,000	02 May 2023	07 Aug 2023	97 Days
24 Ladyhill, Usk, Monmouthshire, NP15 1SH	£300,000	£300,000	£00	02 Jun 2023	07 Aug 2023	66 Days

Most Expensive Streets in NP15 (Usk)

Postcode	Street	Area	Average	No. of Sales
NP15 1LA	Trostrey	Usk	£1,166,666	3
NP15 1NN	Llangybi	Usk	£876,666	3
NP15 1QN	Cwrt Bryn Derwen	Usk	£745,833	3
NP15 1NP	Llangybi	Usk	£680,000	3
NP15 2LD	Warrage Road, Raglan	Usk	£617,000	3
NP15 1QZ	Monmouth Road	Usk	£612,500	6
NP15 1DL	Llandenny	Usk	£607,375	4
NP15 1NL	Parc Road, Llangybi	Usk	£594,666	6
NP15 1RT	Gwehelog	Usk	£532,666	3
NP15 1TZ	Cassia Drive	Usk	£530,000	4

Least Expensive Streets in NP15 (Usk)

Postcode	Street	Area	Average	No. of Sales
NP15 1RW	Castle Court, Maryport Street, Usk	Usk	£80,699	10
NP15 1BZ	Black Friars, The Meadows	Usk	£150,000	5
NP15 1SR	Castle Wood	Usk	£173,666	3
NP15 1QL	Beaufort Crescent, Monkswood	Usk	£216,166	9
NP15 1TR	Silure View	Usk	£234,125	8
NP15 1BE	Four Ash Court	Usk	£241,666	6
NP15 2EF	Sunnyvale, Raglan	Usk	£245,566	12
NP15 1AD	Maryport Street	Usk	£251,666	3
NP15 1SJ	Ladyhill Close	Usk	£253,050	5
NP15 1BS	Blackbarn Close	Usk	£254,166	6