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House Prices in NP22

The average house price in NP22 (Tredegar) is £135,750 using HM Land Registry data.

The average property price increased by £56,498 (20.93%) over the last 5 years and increased by £11,292 (3.27%) over the last 12 months.

Over the last year, there were 160 residential property sales – a decrease of 148 transactions (-92.50%) relative to the previous year. The majority of house sales (49) were in the £110,000 - £140,000 range. Then came properties in the £140,000 - £170,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 44 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,034 (-5%).

In April 2024, there were 30 new estate agency instructions, 19 agreed home sales and 27 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) - 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 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
40 Glyn Terrace, Tredegar, Blaenau Gwent, NP22 4HX	£134,950	£130,500	-£4,450	06 Oct 2023	15 Mar 2024	161 Days
12 Ladies Row, Tredegar, Blaenau Gwent, NP22 4PB	£100,000	£100,000	£00	16 Sep 2022	19 Feb 2024	521 Days
111 High Street, Rhymney, Tredegar, Caerphilly, NP22 5NG	£185,000	£176,000	-£9,000	14 Sep 2023	06 Feb 2024	145 Days
63 Beaufort Road, Tredegar, Blaenau Gwent, NP22 4NY	£120,000	£105,000	-£15,000	06 Jan 2023	06 Feb 2024	396 Days
14 Price Street, Rhymney, Tredegar, Caerphilly, NP22 5HG	£100,000	£93,000	-£7,000	25 Jul 2023	26 Jan 2024	185 Days
127 Vale Terrace, Tredegar, Blaenau Gwent, NP22 4HZ	£95,000	£95,000	£00	16 Jul 2023	15 Jan 2024	183 Days
20 Brangwyn Road, Cefn Golau, Tredegar, Blaenau Gwent, NP22 3TP	£90,000	£88,000	-£2,000	04 Aug 2023	22 Dec 2023	140 Days
71 Glyn Terrace, Tredegar, Blaenau Gwent, NP22 4JA	£148,000	£144,000	-£4,000	04 Oct 2023	14 Dec 2023	71 Days
24 Morgan Street, Tredegar, Blaenau Gwent, NP22 3ND	£79,950	£70,000	-£9,950	02 Jun 2023	14 Dec 2023	195 Days
22 Pochin Crescent, Tredegar, Blaenau Gwent, NP22 4JR	£135,000	£125,000	-£10,000	31 Aug 2023	06 Dec 2023	97 Days
35 Stockton Way, Tredegar, Blaenau Gwent, NP22 3EN	£190,000	£177,500	-£12,500	30 Aug 2023	01 Dec 2023	93 Days
19 Maerdy View, Rhymney, Tredegar, Caerphilly, NP22 5LH	£109,995	£107,000	-£2,995	19 Apr 2023	29 Nov 2023	224 Days
5 Fields Road, Tredegar, Blaenau Gwent, NP22 4LW	£180,000	£168,000	-£12,000	27 Jul 2023	24 Nov 2023	120 Days
29 Vale Terrace, Tredegar, Blaenau Gwent, NP22 4HT	£125,000	£122,500	-£2,500	15 Sep 2023	24 Nov 2023	70 Days
2 Queen Square, Tredegar, Blaenau Gwent, NP22 3QH	£249,950	£240,000	-£9,950	24 May 2023	10 Nov 2023	170 Days
29 Alfred Street, Abertysswg, Tredegar, Caerphilly, NP22 5BA	£225,000	£225,000	£00	17 Feb 2023	07 Nov 2023	263 Days
2 Hafod Y Mynydd, Rhymney, Tredegar, Caerphilly, NP22 5JQ	£64,000	£62,500	-£1,500	14 Feb 2023	06 Nov 2023	265 Days
Dan-y-bryn, Park View, Tredegar, Blaenau Gwent, NP22 3NJ	£195,000	£185,000	-£10,000	30 May 2023	03 Nov 2023	157 Days
4 Arnold Place, Tredegar, Blaenau Gwent, NP22 4RR	£160,000	£155,000	-£5,000	15 May 2023	27 Oct 2023	165 Days
Green Bower, Dukestown Road, Tredegar, Blaenau Gwent, NP22 4QD	£349,950	£315,000	-£34,950	17 Feb 2023	27 Oct 2023	252 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	£354,375	4
NP22 3AJ	Siloam Close, Tafarnaubach	Tredegar	£325,166	3
NP22 4DS	Arches Close, Dukestown	Tredegar	£323,000	3
NP22 4NH	St James Park	Tredegar	£266,825	6
NP22 3QX	Marian Close	Tredegar	£260,812	8
NP22 3AE	Merthyr Road, Princetown	Tredegar	£256,350	3
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

Least Expensive Streets in NP22 (Tredegar)

Postcode	Street	Area	Average	No. of Sales
NP22 3DD	St Georges Court	Tredegar	£48,500	3
NP22 3DB	St Georges Court	Tredegar	£55,666	3
NP22 3QD	Islwyn Terrace	Tredegar	£63,500	4
NP22 3DA	St Georges Court	Tredegar	£64,300	5
NP22 3LH	Pretoria Terrace, Georgetown	Tredegar	£67,625	4
NP22 3PE	Cripps Avenue, Cefn Golau	Tredegar	£68,737	4
NP22 3PT	Lower Salisbury Street	Tredegar	£75,166	3
NP22 4PA	King Street	Tredegar	£75,936	8
NP22 3JT	Victoria Terrace, Georgetown	Tredegar	£76,416	6
NP22 3PU	Upper Salisbury Street	Tredegar	£77,000	3