FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Abergavenny

Abergavenny House Prices Abergavenny House Prices

The average house price in Abergavenny is £277,000 using HM Land Registry data.

The average property price increased by £81,535 (34.37%) over the last 5 years and increased by £16,296 (5.39%) over the last 12 months.

Over the last year, there were 176 residential property sales – a decrease of 60 transactions (-34.09%) relative to the previous year. The majority of house sales (40) were in the £222,000 - £284,000 range. Then came properties in the £160,000 - £222,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,073 (-3%).

In April 2024, there were 24 new estate agency instructions, 25 agreed home sales and 12 property price reductions.

Postcodes Covered: NP7

5-Year Average Property Prices in Abergavenny

34.37%

Property prices in Abergavenny increased by 34.37% 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 Abergavenny Over the Last Year

5.39%

Property prices in Abergavenny increased by 5.39% 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 Abergavenny - 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 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 Abergavenny

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 Abergavenny

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 Abergavenny

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 Abergavenny since 1995

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

Recent Property Sales in Abergavenny

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Priory Gardens, Abergavenny, Monmouthshire, NP7 5NQ£185,000£180,000-£5,00020 Dec 202309 Feb 202451 Days
80 Ross Road, Abergavenny, Monmouthshire, NP7 5LT£300,000£290,000-£10,00027 Oct 202306 Feb 2024102 Days
27 Underhill Crescent, Abergavenny, Monmouthshire, NP7 6DG£190,000£183,000-£7,00002 Aug 202326 Jan 2024177 Days
7 Albert Road, Abergavenny, Monmouthshire, NP7 5RG£259,950£250,000-£9,95005 Jul 202321 Dec 2023169 Days
5 St Helens Road, Abergavenny, Monmouthshire, NP7 5UY£260,000£240,500-£19,50008 Sep 202321 Dec 2023104 Days
51 Croesonen Parc, Abergavenny, Monmouthshire, NP7 6PE£299,950£290,000-£9,95031 Oct 202319 Dec 202349 Days
62 Derwen Way, Abergavenny, Monmouthshire, NP7 6BP£275,000£272,500-£2,50007 Sep 202315 Dec 202399 Days
2 New Junction Cottages, Abergavenny, Monmouthshire, NP7 6NR£215,000£215,000£0009 Aug 202314 Dec 2023127 Days
25 Chestnut Drive, Abergavenny, Monmouthshire, NP7 5JZ£375,000£375,000£0013 Sep 202314 Dec 202392 Days
91 Hereford Road, Abergavenny, Monmouthshire, NP7 6AA£375,000£362,000-£13,00015 Jun 202304 Dec 2023172 Days
43 Chapel Road, Abergavenny, Monmouthshire, NP7 7DN£465,000£420,000-£45,00011 Jul 202301 Dec 2023143 Days
29 Delafield Road, Abergavenny, Monmouthshire, NP7 7AW£350,000£350,000£0021 Sep 202301 Dec 202371 Days
12 Rother Avenue, Abergavenny, Monmouthshire, NP7 6DD£159,950£150,000-£9,95014 Jun 202301 Dec 2023170 Days
118 Old Barn Way, Abergavenny, Monmouthshire, NP7 6ED£219,950£212,000-£7,95013 Jul 202317 Nov 2023127 Days
12 Pen Y Pound, Abergavenny, Monmouthshire, NP7 5UD£299,999£192,000-£107,99924 May 201403 Nov 20233450 Days
16 Wyndham Road, Abergavenny, Monmouthshire, NP7 6AF£275,000£275,000£0022 May 202301 Nov 2023163 Days
The Conifers, Woodland Road, Abergavenny, Monmouthshire, NP7 5TF£325,000£325,000£0014 Jul 202327 Oct 2023105 Days
46 Western Road, Abergavenny, Monmouthshire, NP7 7AD£525,000£515,000-£10,00030 Jun 202320 Oct 2023112 Days
3 Gobannium Way, Ysbytty Fields, Abergavenny, Monmouthshire, NP7 9JA£450,000£450,000£0025 May 202320 Oct 2023148 Days
43 Poplars Road, Mardy, Abergavenny, Monmouthshire, NP7 6LJ£425,000£420,000-£5,00007 Mar 202320 Oct 2023227 Days

Most Expensive Streets in Abergavenny

PostcodeStreetAreaAverageNo. of Sales
NP7 5HRMonmouth RoadAbergavenny£703,3333
NP7 7AJHerbert CloseAbergavenny£676,6663
NP7 5HHMonmouth RoadAbergavenny£533,7504
NP7 7EDNorth StreetAbergavenny£509,0005
NP7 7APBelgrave CloseAbergavenny£500,3333
NP7 5DZThe RosePen-y-fal Chapel£498,3333
NP7 7ANKnoll RoadAbergavenny£483,3333
NP7 7AFWedgwood GardensAbergavenny£476,6254
NP7 7AQGunter WayAbergavenny£460,0004
NP7 7ELThe GranaryBrecon Road£456,6663

Least Expensive Streets in Abergavenny

PostcodeStreetAreaAverageNo. of Sales
NP7 5PQBailey CourtHereford Road£106,5449
NP7 5EXPegasus CourtMill Street, Abergavenny£135,59011
NP7 5NBNewmarket CourtLion Street, Abergavenny£154,3916
NP7 6DERother AvenueAbergavenny£156,6663
NP7 5UWUnion Road EastAbergavenny£158,0004
NP7 5NJBenedict CourtMonk Street, Abergavenny£162,2374
NP7 5DNLaundry PlaceAbergavenny£167,9003
NP7 5NQPriory GardensAbergavenny£173,97527
NP7 6PHDan Y DeriAbergavenny£174,8333
NP7 6DUUnderhill CrescentAbergavenny£175,7374

Explore Abergavenny and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions South Wales
Property Auctions South Wales
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark