House Prices in NP18 House Prices in NP18 (Newport)

The average house price in NP18 (Newport) is £296,250 using HM Land Registry data.

The average property price increased by £85,795 (25.43%) over the last 5 years and increased by £17,147 (3.85%) over the last 12 months.

Over the last year, there were 200 residential property sales – a decrease of 59 transactions (-29.50%) relative to the previous year. The majority of house sales (49) were in the £246,000 - £322,000 range. Then came properties in the £170,000 - £246,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,718 (-5%).

In April 2024, there were 28 new estate agency instructions, 23 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in NP18 (Newport)

25.43%

Property prices in Newport increased by 25.43% 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 NP18 (Newport) Over the Last Year

3.85%

Property prices in Newport increased by 3.85% 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 NP18 (Newport) - April 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 NP18 (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 NP18 (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 NP18 (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 NP18 (Newport) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NP18 postcode area since 1995.

Recent Sales in NP18 (Newport)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49a, Trinity View, Caerleon, Newport, NP18 3SU£650,000£617,000-£33,00021 Aug 202321 Feb 2024184 Days
38 Broadwalk, Caerleon, Newport, NP18 1NQ£315,000£305,500-£9,50015 Sep 202313 Feb 2024151 Days
8 Shepherd Drive, Langstone, Newport, NP18 2LB£550,000£550,000£0022 Dec 202224 Jan 2024398 Days
35 Priory Way, Langstone, Newport, NP18 2JE£375,000£365,000-£10,00015 Jan 202415 Jan 20240 Days
64 Roman Reach, Caerleon, Newport, NP18 3SQ£279,950£270,000-£9,95024 Aug 202301 Dec 202399 Days
52 College Glade, Caerleon, Newport, NP18 3TE£230,000£230,000£0009 Aug 202301 Dec 2023114 Days
21 Birch Grove, Llanmartin, Newport, NP18 2HZ£180,000£168,000-£12,00015 Mar 202330 Nov 2023260 Days
96 Mill Street, Caerleon, Newport, NP18 1BL£189,950£180,000-£9,95022 Sep 202327 Nov 202366 Days
3 Pollard Close, Caerleon, Newport, NP18 3SS£550,000£522,500-£27,50008 Jun 202317 Nov 2023162 Days
St Helens, Chapel Road, Goldcliff, Newport, NP18 2AW£650,000£630,000-£20,00018 Sep 202317 Nov 202360 Days
10 Camelot Court, Caerleon, Newport, NP18 1AP£230,000£70,000-£160,00022 May 201115 Nov 20234560 Days
Goldcliff House, Chapel Road, Goldcliff, Newport, NP18 2AU£700,000£680,000-£20,00022 Sep 202203 Nov 2023407 Days
9 Lodge Avenue, Caerleon, Newport, NP18 3EJ£185,000£168,000-£17,00013 Apr 202326 Oct 2023196 Days
Cartref, Chapel Road, Goldcliff, Newport, NP18 2AU£550,000£535,000-£15,00021 Mar 202320 Oct 2023213 Days
29 Northfield Close, Caerleon, Newport, NP18 3EZ£260,000£250,000-£10,00006 Jul 202320 Oct 2023106 Days
9 Blossom Close, Langstone, Newport, NP18 2LT£275,000£262,000-£13,00007 Jun 202319 Oct 2023134 Days
11 Home Farm Green, Caerleon, Newport, NP18 3SF£275,000£260,000-£15,00008 Jun 202316 Oct 2023130 Days
3 Spartan Close, Langstone, Newport, NP18 2BH£399,950£340,000-£59,95005 Jun 202313 Oct 2023130 Days
11 Hazel Road, Llanmartin, Newport, NP18 2HX£210,000£205,000-£5,00019 May 202306 Oct 2023140 Days
215 Waltwood Park Drive, Llanmartin, Newport, NP18 2HH£219,950£200,000-£19,95029 Sep 202329 Sep 20230 Days

Most Expensive Streets in NP18 (Newport)

PostcodeStreetAreaAverageNo. of Sales
NP18 1LTLlanhennockNewport£826,2504
NP18 2JXMagor Road, LangstoneNewport£722,0005
NP18 1LRLlansoarNewport£690,0003
NP18 1JJChristchurchNewport£666,6663
NP18 2DGLittle Milton Gardens, LlanwernNewport£645,0005
NP18 1JQCatsashNewport£615,8336
NP18 2JSTregarn Road, LangstoneNewport£606,8624
NP18 1QGIsca Road, CaerleonNewport£583,7374
NP18 2JLTregarn Close, LangstoneNewport£542,0003
NP18 3SWTrinity View, CaerleonNewport£528,1254

Least Expensive Streets in NP18 (Newport)

PostcodeStreetAreaAverageNo. of Sales
NP18 3EGCambridge Court, CaerleonNewport£106,0003
NP18 1NXHawthorn Gardens, The HawthornsNewport£111,7005
NP18 1LGLlew A Dor Cwrt, CaerleonNewport£131,0003
NP18 3FWEastfield Mews, CaerleonNewport£133,0003
NP18 3BTJuno Villa, Flavius CloseNewport£133,6427
NP18 1GTLongbridge, PonthirNewport£135,7504
NP18 2EUHawthorn Close, LlanmartinNewport£140,8734
NP18 2HTElm Close, LlanmartinNewport£146,6663
NP18 3PTThe Brades, CaerleonNewport£156,5008
NP18 2ETMaple Close, LlanmartinNewport£157,7374

Explore NP18 (Newport) using map