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Bedwas House Prices Bedwas House Prices

The average house price in Bedwas is £276,108 using HM Land Registry data.

The average property price increased by £105,457 (67.48%) over the last 5 years and increased by £21,077 (8.76%) over the last 12 months.

Over the last year, there were 68 residential property sales – a decrease of 50 transactions (-73.53%) relative to the previous year. The majority of house sales (17) were in the £244,000 - £286,000 range. Then came properties in the £160,000 - £202,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,875 (-3%).

In April 2024, there were 12 new estate agency instructions, 10 agreed home sales and 12 property price reductions.

Neighbouring Areas: Caerphilly

Postcodes Covered: CF83

5-Year Average Property Prices in Bedwas

67.48%

Property prices in Bedwas increased by 67.48% 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 Bedwas Over the Last Year

8.76%

Property prices in Bedwas increased by 8.76% 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 Bedwas - 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 Bedwas

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 Bedwas

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 Bedwas

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 Bedwas since 1995

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

Recent Property Sales in Bedwas

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
27 Cherry Tree Close, Bedwas, Caerphilly, CF83 8HB£300,000£283,000-£17,00027 Nov 202309 Feb 202474 Days
20 Tydfil Road, Bedwas, Caerphilly, CF83 8EF£250,000£240,000-£10,00008 Nov 202325 Jan 202478 Days
14 Navigation Street, Trethomas, Caerphilly, CF83 8DJ£220,000£220,000£0022 May 202315 Dec 2023207 Days
4 Clos Pandy, Bedwas, Caerphilly, CF83 8DN£270,000£255,000-£15,00028 Sep 202311 Dec 202374 Days
15 East Avenue, Bedwas, Caerphilly, CF83 8AE£235,000£215,000-£20,00017 May 202306 Oct 2023142 Days
4 Bryn Dolwen, Bedwas, Caerphilly, CF83 8GG£180,000£176,000-£4,00016 May 202304 Oct 2023141 Days
2 St Mary Street, Bedwas, Caerphilly, CF83 8EE£495,000£490,000-£5,00002 Mar 202303 Oct 2023215 Days
57 The Bryn, Trethomas, Caerphilly, CF83 8GP£200,000£188,000-£12,00030 Mar 202329 Sep 2023183 Days
7 Clos Pandy, Bedwas, Caerphilly, CF83 8DN£350,000£350,000£0026 Dec 202229 Sep 2023277 Days
67 Dol Y Pandy, Bedwas, Caerphilly, CF83 8HL£300,000£285,000-£15,00003 Mar 202308 Sep 2023189 Days
48 Coronation Street, Trethomas, Caerphilly, CF83 8DL£140,000£140,000£0016 Mar 202325 Aug 2023162 Days
15 Bryn Glas, Bedwas, Caerphilly, CF83 8AQ£215,000£215,000£0009 Sep 202201 Aug 2023326 Days
1 Tyn Y Wern Terrace, Trethomas, Caerphilly, CF83 8FP£250,000£248,000-£2,00006 Apr 202328 Jul 2023113 Days
149 Pandy Road, Bedwas, Caerphilly, CF83 8EL£250,000£250,000£0024 Mar 202321 Jul 2023119 Days
17 Pantglas View, Trethomas, Caerphilly, CF83 8BL£210,000£200,000-£10,00007 Feb 202319 Jul 2023162 Days
14 Newport Road, Trethomas, Caerphilly, CF83 8BY£190,000£185,000-£5,00023 Mar 202314 Jul 2023113 Days
28 Pandy Road, Bedwas, Caerphilly, CF83 8EJ£230,000£228,000-£2,00017 Feb 202314 Jul 2023147 Days
5 The Bryn, Trethomas, Caerphilly, CF83 8GL£210,000£210,000£0024 Feb 202307 Jul 2023133 Days
28 Tydfil Road, Bedwas, Caerphilly, CF83 8EF£275,000£270,000-£5,00026 Dec 202230 Jun 2023186 Days
12 Newport Road, Trethomas, Caerphilly, CF83 8BY£200,000£190,000-£10,00014 Mar 202302 Jun 202380 Days

Most Expensive Streets in Bedwas

PostcodeStreetAreaAverageNo. of Sales
CF83 8ESMountain RoadBedwas£490,0004
CF83 8HETor ViewBedwas£384,8003
CF83 8PELon Yr YsgolBedwas£340,5007
CF83 8DNClos PandyBedwas£332,1005
CF83 8JSLong Field AvenueBedwas£312,7454
CF83 8GBNewport RoadTrethomas£297,3333
CF83 8HPDol Y PandyBedwas£282,5007
CF83 8JXKiln Field DriveBedwas£280,29833
CF83 8ELPandy RoadBedwas£276,1258
CF83 8JRGate Field CloseBedwas£261,84135

Least Expensive Streets in Bedwas

PostcodeStreetAreaAverageNo. of Sales
CF83 8DPThomas StreetTrethomas£122,7147
CF83 8BXClos PantglasTrethomas£123,9163
CF83 8DLCoronation StreetTrethomas£131,9378
CF83 8BNBrynyfran AvenueTrethomas£134,7507
CF83 8FZUpper Glyn Gwyn StreetTrethomas£138,6258
CF83 8DJNavigation StreetTrethomas£139,4927
CF83 8HNMary StreetTrethomas£140,94213
CF83 8BYNewport RoadTrethomas£141,8333
CF83 8DBRedbrook AvenueTrethomas£145,0004
CF83 8DQWilliam StreetTrethomas£146,7005

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