House Prices in SA42 House Prices in SA42 (Newport)

The average house price in SA42 (Newport) is £376,666 using HM Land Registry data.

The average property price increased by £176,030 (21.56%) over the last 5 years and increased by £35,270 (3.35%) over the last 12 months.

Over the last year, there were 21 residential property sales – a decrease of 7 transactions (-33.33%) relative to the previous year. The majority of house sales (5) were in the £354,000 - £446,000 range. Then came properties in the £170,000 - £262,000 range, where 4 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 £-20,000 (-4%).

In Oct 24, there were 4 new estate agency instructions, 6 agreed home sales and property price reductions.

5-Year Average Property Prices in SA42 (Newport)

21.56%

Property prices in Newport increased by 21.56% 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 SA42 (Newport) Over the Last Year

3.35%

Property prices in Newport increased by 3.35% 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 SA42 (Newport) - 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 SA42 (Newport)

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 SA42 (Newport)

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 SA42 (Newport)

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 SA42 (Newport) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SA42 postcode area since 1995.

Recent Sales in SA42 (Newport)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Cedar Lodge, Long Street, Newport, Pembrokeshire, SA42 0TJ£499,950£450,000-£49,95009 Nov 202206 Jun 2024575 Days
11 Maes Y Cnwce, Newport, Pembrokeshire, SA42 0RS£525,000£503,000-£22,00026 Feb 202403 Jun 202498 Days
2 Spencer Buildings, Dinas Cross, Newport, Pembrokeshire, SA42 0UW£195,000£172,500-£22,50001 Aug 202316 Feb 2024199 Days
31 Maescurig, Newport, Pembrokeshire, SA42 0RQ£260,000£260,000£0025 Sep 202309 Feb 2024137 Days
Tremydon, Feidr Ganol, Newport, Pembrokeshire, SA42 0RR£895,000£875,000-£20,00016 Aug 202314 Dec 2023120 Days
Penpwmp, Upper St Mary Street, Newport, Pembrokeshire, SA42 0PS£155,000£145,000-£10,00029 Aug 202308 Dec 2023101 Days
Vine Cottage, Goat Street, Newport, Pembrokeshire, SA42 0PT£425,000£400,000-£25,00002 Feb 202327 Sep 2023237 Days
The Gables, Fishguard Road, Newport, Pembrokeshire, SA42 0UF£425,000£390,000-£35,00027 Apr 202308 Aug 2023103 Days
Pencoed, West Street, Newport, Pembrokeshire, SA42 0TD£625,000£580,000-£45,00006 Jul 202225 Apr 2023293 Days
Dol-y-coed, East Street, Newport, Pembrokeshire, SA42 0SY£495,000£475,000-£20,00027 Oct 202214 Apr 2023169 Days
Driftwood, Maes Y Cnwce, Newport, Pembrokeshire, SA42 0RS£499,950£490,000-£9,95019 Jul 202218 Jan 2023183 Days
Castle View, Church Street, Newport, Pembrokeshire, SA42 0PP£375,000£360,000-£15,00016 Jun 202212 Dec 2022179 Days
Sundown, West Street, Newport, Pembrokeshire, SA42 0TF£695,000£655,000-£40,00013 Jan 202231 Aug 2022230 Days
Prescelli House, Upper St Mary Street, Newport, Pembrokeshire, SA42 0PS£550,000£530,000-£20,00008 Mar 202226 Aug 2022171 Days
9 Maes Y Dderwen, Dinas Cross, Newport, Pembrokeshire, SA42 0XF£115,000£90,000-£25,00016 Sep 201915 Jul 20221033 Days
Bronrhiw, West Street, Newport, Pembrokeshire, SA42 0TD£280,000£250,000-£30,00027 Oct 202126 May 2022211 Days
4 Maes Y Cnwce, Newport, Pembrokeshire, SA42 0RS£525,000£525,000£0012 Jan 202220 Apr 202298 Days
2 Castle Green, Dinas Cross, Newport, Pembrokeshire, SA42 0UT£350,000£330,000-£20,00015 Sep 202114 Feb 2022152 Days
Porthmeor, West Street, Newport, Pembrokeshire, SA42 0TD£475,000£411,000-£64,00001 Dec 202019 Nov 2021353 Days
Tai Loy, West Street, Newport, Pembrokeshire, SA42 0TF£495,000£480,000-£15,00019 Feb 202129 Oct 2021252 Days

Most Expensive Streets in SA42 (Newport)

PostcodeStreetAreaAverageNo. of Sales
SA42 0UFFishguard RoadNewport£638,3333
SA42 0RTFeidr GanolNewport£575,1503
SA42 0TFWest StreetNewport£519,1325
SA42 0UBFishguard RoadNewport£493,3333
SA42 0LTNewport, PembrokeshireNewport£461,2005
SA42 0TJLong StreetNewport£450,0004
SA42 0RSMaes Y CnwceNewport£446,6258
SA42 0PFSwn Y NantNewport£440,31811
SA42 0RGLle Bryony, Parrog RoadNewport£435,0004
SA42 0UWDinas CrossNewport£420,6254

Least Expensive Streets in SA42 (Newport)

PostcodeStreetAreaAverageNo. of Sales
SA42 0TRMaes MorfaNewport£173,5005
SA42 0SHParc Yr Eglwys, Dinas CrossNewport£252,4916
SA42 0XQDinas CrossNewport£274,6254
SA42 0XDDinas CrossNewport£290,0003
SA42 0XADinas CrossNewport£293,7504
SA42 0SNDinas CrossNewport£304,3333
SA42 0SYEast StreetNewport£313,0005
SA42 0SEDinas CrossNewport£345,5003
SA42 0PELlain Yr EglwysNewport£384,8758
SA42 0QAFeidr EglwysNewport£387,4416

Explore SA42 (Newport) using map