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House Prices in NP22

The average house price in NP22 (Tredegar) is £165,000 using HM Land Registry data.

The average property price increased by £48,302 (20.93%) over the last 5 years and increased by £9,678 (3.27%) over the last 12 months.

Over the last year, there were 148 residential property sales – a decrease of 84 transactions (-56.76%) relative to the previous year. The majority of house sales (42) were in the £102,000 - £134,000 range. Then came properties in the £134,000 - £166,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,034 (-5%).

In Oct 24, there were 24 new estate agency instructions, 23 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in NP22 (Tredegar)

20.93%

Property prices in Tredegar increased by 20.93% 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 NP22 (Tredegar) Over the Last Year

3.27%

Property prices in Tredegar increased by 3.27% 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 NP22 (Tredegar) - 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 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 NP22 (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 NP22 (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 NP22 (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 NP22 (Tredegar) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NP22 postcode area since 1995.

Recent Sales in NP22 (Tredegar)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 Merthyr Road, Princetown, Tredegar, Caerphilly, NP22 3AE	£250,000	£240,000	-£10,000	24 Oct 2016	07 Aug 2024	2844 Days
6 Warnes Terrace, Abertysswg, Tredegar, Caerphilly, NP22 5AG	£140,000	£140,000	£00	05 Feb 2024	23 Jul 2024	169 Days
5 The Terrace, Rhymney, Tredegar, Caerphilly, NP22 5LY	£280,000	£278,000	-£2,000	01 Nov 2023	21 Jun 2024	233 Days
56 Vale Terrace, Tredegar, Blaenau Gwent, NP22 4HU	£105,000	£100,000	-£5,000	13 Mar 2024	21 Jun 2024	100 Days
69 Beaufort Road, Tredegar, Blaenau Gwent, NP22 4NY	£99,950	£95,000	-£4,950	30 Nov 2023	07 Jun 2024	190 Days
Fairview House, Church Street, Rhymney, Tredegar, Caerphilly, NP22 5HL	£90,000	£85,000	-£5,000	26 Jan 2024	07 Jun 2024	133 Days
92 Ystrad Deri, Dukestown, Tredegar, Blaenau Gwent, NP22 4DG	£110,000	£100,000	-£10,000	06 Feb 2024	30 May 2024	114 Days
10 Park View, Tredegar, Blaenau Gwent, NP22 3NZ	£110,000	£102,000	-£8,000	11 Nov 2023	17 May 2024	188 Days
3 Park Place, Tredegar, Blaenau Gwent, NP22 4LD	£115,000	£110,000	-£5,000	13 Feb 2024	17 May 2024	94 Days
19 High Street, Rhymney, Tredegar, Caerphilly, NP22 5NB	£65,000	£65,000	£00	04 Apr 2024	08 May 2024	34 Days
22 Meadow Crescent, Scwrfa, Tredegar, Blaenau Gwent, NP22 4AS	£230,000	£200,000	-£30,000	26 Sep 2023	26 Apr 2024	213 Days
44 Pochin Crescent, Tredegar, Blaenau Gwent, NP22 4JS	£145,000	£135,000	-£10,000	10 Jan 2024	05 Apr 2024	86 Days
11 Cefn Parc, Tredegar, Blaenau Gwent, NP22 3PH	£199,000	£190,000	-£9,000	29 Jul 2023	04 Apr 2024	250 Days
2 Pochin Crescent, Tredegar, Blaenau Gwent, NP22 4JR	£115,000	£111,500	-£3,500	19 Aug 2023	28 Mar 2024	222 Days
13 Park View, Tredegar, Blaenau Gwent, NP22 3NZ	£125,000	£122,000	-£3,000	30 Nov 2023	27 Mar 2024	118 Days
13 Park Hill, Tredegar, Blaenau Gwent, NP22 3NN	£82,500	£80,000	-£2,500	19 Sep 2023	25 Mar 2024	188 Days
17 Ashvale, Tredegar, Blaenau Gwent, NP22 4AG	£144,950	£137,000	-£7,950	16 Nov 2023	22 Mar 2024	127 Days
3 St James Way, Georgetown, Tredegar, Blaenau Gwent, NP22 4RA	£120,000	£120,000	£00	04 Jan 2024	21 Mar 2024	77 Days
40 Glyn Terrace, Tredegar, Blaenau Gwent, NP22 4HX	£134,950	£130,500	-£4,450	06 Oct 2023	15 Mar 2024	161 Days
15 Gwent Way, Tredegar, Blaenau Gwent, NP22 3HR	£110,000	£100,000	-£10,000	12 Nov 2023	15 Mar 2024	124 Days

Most Expensive Streets in NP22 (Tredegar)

Postcode	Street	Area	Average	No. of Sales
NP22 3BP	Maes Morgan, Nantybwch	Tredegar	£408,000	5
NP22 3BL	Lakeside	Tredegar	£365,833	3
NP22 4DS	Arches Close, Dukestown	Tredegar	£323,000	3
NP22 3QX	Marian Close	Tredegar	£272,714	7
NP22 4NH	St James Park	Tredegar	£266,825	6
NP22 3SE	Nine Arches, Penybont	Tredegar	£255,333	3
NP22 4DL	Cwrt Pen Y Twyn, Dukestown	Tredegar	£255,000	4
NP22 4AU	Scwrfa Road, Scwrfa	Tredegar	£254,500	4
NP22 3AE	Merthyr Road, Princetown	Tredegar	£252,262	4
NP22 5HT	Old Brewery Lane, Rhymney	Tredegar	£250,833	3

Least Expensive Streets in NP22 (Tredegar)

Postcode	Street	Area	Average	No. of Sales
NP22 3DB	St Georges Court	Tredegar	£51,625	4
NP22 3QD	Islwyn Terrace	Tredegar	£63,500	4
NP22 5HB	Tre Edwards, Rhymney	Tredegar	£66,666	3
NP22 3DA	St Georges Court	Tredegar	£66,900	5
NP22 3PE	Cripps Avenue, Cefn Golau	Tredegar	£68,737	4
NP22 3LH	Pretoria Terrace, Georgetown	Tredegar	£73,833	3
NP22 3PT	Lower Salisbury Street	Tredegar	£75,166	3
NP22 3PU	Upper Salisbury Street	Tredegar	£77,000	3
NP22 3JT	Victoria Terrace, Georgetown	Tredegar	£80,700	5
NP22 5LP	High Street, Rhymney	Tredegar	£81,000	3