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House Prices in NP25

The average house price in NP25 (Monmouth) is £306,990 using HM Land Registry data.

The average property price increased by £102,774 (31.69%) over the last 5 years and increased by £20,545 (4.6%) over the last 12 months.

Over the last year, there were 147 residential property sales – a decrease of 65 transactions (-44.22%) relative to the previous year. The majority of house sales (38) were in the £190,000 - £282,000 range. Then came properties in the £282,000 - £374,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,918 (-1%).

In June 2024, there were 47 new estate agency instructions, 40 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in NP25 (Monmouth)

31.69%

Property prices in Monmouth increased by 31.69% 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 NP25 (Monmouth) Over the Last Year

4.6%

Property prices in Monmouth increased by 4.6% 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 NP25 (Monmouth) - 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 NP25 (Monmouth)

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 NP25 (Monmouth)

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 NP25 (Monmouth)

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 NP25 (Monmouth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NP25 postcode area since 1995.

Recent Sales in NP25 (Monmouth)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Monnow Lodge, Osbaston Road, Monmouth, Monmouthshire, NP25 3AX	£399,000	£387,500	-£11,500	11 Sep 2023	22 Mar 2024	193 Days
7 Woodland View, Wyesham, Monmouth, Monmouthshire, NP25 3JN	£150,000	£128,000	-£22,000	06 Sep 2023	08 Mar 2024	184 Days
1 Kings Fee, Monmouth, Monmouthshire, NP25 5BQ	£200,000	£185,000	-£15,000	24 Nov 2023	08 Mar 2024	105 Days
34 Newland Way, Wyesham, Monmouth, Monmouthshire, NP25 3LL	£165,000	£158,000	-£7,000	28 Jul 2023	13 Feb 2024	200 Days
16 Rushey Meadow, Monmouth, Monmouthshire, NP25 5BT	£450,000	£430,000	-£20,000	26 Sep 2023	09 Feb 2024	136 Days
34 Rushey Meadow, Monmouth, Monmouthshire, NP25 5BT	£225,000	£225,000	£00	11 Sep 2023	29 Jan 2024	140 Days
4 The Gardens, Monmouth, Monmouthshire, NP25 3HF	£360,000	£315,000	-£45,000	16 Jun 2023	19 Jan 2024	217 Days
125 Carbonne Close, Monmouth, Monmouthshire, NP25 5EG	£140,000	£140,000	£00	24 Oct 2023	19 Jan 2024	87 Days
10 Charles Road, Dingestow, Monmouth, Monmouthshire, NP25 4BY	£160,000	£155,000	-£5,000	04 Oct 2023	18 Jan 2024	106 Days
Trevethin, New Dixton Road, Monmouth, Monmouthshire, NP25 3PR	£1,100,000	£1,100,000	£00	30 Nov 2023	05 Jan 2024	36 Days
1 York Close, Monmouth, Monmouthshire, NP25 5UJ	£265,000	£260,000	-£5,000	23 Aug 2023	18 Dec 2023	117 Days
10 Jordan Gardens, Monmouth, Monmouthshire, NP25 5ED	£540,000	£537,500	-£2,500	16 Aug 2023	07 Dec 2023	113 Days
6 Wallis Close, Osbaston, Monmouth, Monmouthshire, NP25 3NS	£435,000	£432,500	-£2,500	25 Apr 2023	27 Nov 2023	216 Days
Newlands, Beaufort Road, Osbaston, Monmouth, Monmouthshire, NP25 3HU	£560,000	£550,000	-£10,000	19 Aug 2023	27 Nov 2023	100 Days
29 Wyefield Court, Monmouth, Monmouthshire, NP25 5TN	£245,000	£240,000	-£5,000	24 Jun 2023	27 Nov 2023	156 Days
30 Highbury Terrace, Redbrook, Monmouth, Gloucestershire, NP25 4NA	£220,000	£190,000	-£30,000	22 May 2023	24 Nov 2023	186 Days
2 Warren Terrace, Trelleck, Monmouth, Monmouthshire, NP25 4PH	£255,000	£255,000	£00	25 Aug 2023	17 Nov 2023	84 Days
13 Chapel Close, Wyesham, Monmouth, Monmouthshire, NP25 3NN	£360,000	£340,000	-£20,000	14 Jul 2023	13 Nov 2023	122 Days
18 Chippenham Court, Monmouth, Monmouthshire, NP25 3UZ	£140,000	£140,000	£00	17 Aug 2023	10 Nov 2023	85 Days
22 Willow Drive, Monmouth, Monmouthshire, NP25 5DW	£459,500	£457,500	-£2,000	15 Jun 2023	09 Nov 2023	147 Days

Most Expensive Streets in NP25 (Monmouth)

Postcode	Street	Area	Average	No. of Sales
NP25 5QB	Rockfield	Monmouth	£906,666	3
NP25 3AB	The Mount	Monmouth	£811,666	3
NP25 5AT	Watery Lane	Monmouth	£793,750	4
NP25 4TX	Whitebrook	Monmouth	£777,500	4
NP25 5QH	Maypole	Monmouth	£744,983	3
NP25 3HR	Highfield Road, Osbaston	Monmouth	£715,000	3
NP25 4QH	The Narth	Monmouth	£691,250	4
NP25 4QN	The Narth	Monmouth	£675,700	5
NP25 4PT	Cicelyford, Trelleck	Monmouth	£654,000	3
NP25 5QG	St Maughans	Monmouth	£652,666	3

Least Expensive Streets in NP25 (Monmouth)

Postcode	Street	Area	Average	No. of Sales
NP25 5HA	Homeforge House, Goldwire Lane	Monmouth	£93,800	20
NP25 3UZ	Chippenham Court	Monmouth	£122,466	15
NP25 3EQ	Monnow Street	Monmouth	£122,833	3
NP25 5EF	Carbonne Close	Monmouth	£142,666	3
NP25 3PT	Kingsmead Court, The Oldway Centre	Monmouth	£143,500	8
NP25 3TF	Kymin Lea, Wyesham	Monmouth	£158,368	8
NP25 4NA	Highbury Terrace, Redbrook	Monmouth	£174,142	7
NP25 3TL	Heath Street, Wyesham	Monmouth	£176,500	6
NP25 5BQ	Kings Fee	Monmouth	£178,500	9
NP25 5AQ	Goldwire Lane	Monmouth	£181,300	5