Blackwood House Prices Blackwood House Prices

The average house price in Blackwood is £136,250 using HM Land Registry data.

The average property price increased by £75,096 (50.4%) over the last 5 years and increased by £15,013 (7.18%) over the last 12 months.

Over the last year, there were 74 residential property sales – a decrease of 79 transactions (-106.76%) relative to the previous year. The majority of house sales (22) were in the £120,000 - £156,000 range. Then came properties in the £156,000 - £192,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 14 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,084 (-5%).

In June 2024, there were 25 new estate agency instructions, 10 agreed home sales and 20 property price reductions.

5-Year Average Property Prices in Blackwood

50.4%

Property prices in Blackwood increased by 50.4% 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 Blackwood Over the Last Year

7.18%

Property prices in Blackwood increased by 7.18% 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 Blackwood - June 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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 Blackwood

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 Blackwood

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 Blackwood

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 Blackwood since 1995

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

Recent Property Sales in Blackwood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Parc Plas, Blackwood, Caerphilly, NP12 1SJ£450,000£433,000-£17,00023 Nov 202328 Mar 2024126 Days
60 Sunnybank Road, Blackwood, Caerphilly, NP12 1HZ£160,000£145,000-£15,00021 Sep 202313 Feb 2024145 Days
1 Thorncombe Road, Blackwood, Caerphilly, NP12 1AT£269,000£269,000£0004 Nov 202331 Jan 202488 Days
6 The Paddocks, Cwmgelli, Blackwood, Caerphilly, NP12 1HF£550,000£518,000-£32,00022 Aug 202318 Jan 2024149 Days
37 Cwrt Y Coed, Blackwood, Caerphilly, NP12 1GL£210,000£200,000-£10,00021 Sep 202319 Dec 202389 Days
155 Beaumaris Way, Grove Park, Blackwood, Caerphilly, NP12 1DF£244,000£218,000-£26,00023 Aug 202324 Nov 202393 Days
30 Beaumaris Way, Grove Park, Blackwood, Caerphilly, NP12 1DE£150,000£150,000£0026 Apr 202323 Nov 2023211 Days
1 Woodfield Street, Woodfieldside, Blackwood, Caerphilly, NP12 0BT£150,000£120,000-£30,00013 Jun 202320 Nov 2023160 Days
Greenfield, Park Terrace, Woodfieldside, Blackwood, Caerphilly, NP12 0PE£249,000£215,000-£34,00021 Jul 202303 Nov 2023105 Days
27 Gordon Road, Blackwood, Caerphilly, NP12 1DW£155,000£145,000-£10,00029 Aug 202302 Nov 202365 Days
29 Mandeville Road, Bonnie View, Blackwood, Caerphilly, NP12 3PH£239,995£232,500-£7,49523 Jun 202327 Oct 2023126 Days
10 Y Cedrwydden, Blackwood, Caerphilly, NP12 1FD£200,000£195,000-£5,00020 Jun 202327 Oct 2023129 Days
34 William Street, Blackwood, Caerphilly, NP12 1NW£150,000£140,000-£10,00019 Jun 202313 Oct 2023116 Days
86 Bloomfield Road, Blackwood, Caerphilly, NP12 1LY£255,000£255,000£0008 Mar 202329 Sep 2023205 Days
58 Sunnybank Road, Blackwood, Caerphilly, NP12 1HZ£175,000£165,000-£10,00009 May 202322 Sep 2023136 Days
4 St Margarets Avenue, Cefn Fforest, Blackwood, Caerphilly, NP12 3NH£230,000£210,000-£20,00003 Nov 202222 Sep 2023323 Days
2 Beaumaris Way, Grove Park, Blackwood, Caerphilly, NP12 1DE£150,000£150,000£0012 Apr 202312 Sep 2023153 Days
44 Dylan Avenue, Cefn Fforest, Blackwood, Caerphilly, NP12 3NG£150,000£145,000-£5,00009 Feb 202304 Aug 2023176 Days
22 Dylan Avenue, Cefn Fforest, Blackwood, Caerphilly, NP12 3NQ£180,000£170,000-£10,00021 Feb 202328 Jul 2023157 Days
37 Sunnybank Road, Blackwood, Caerphilly, NP12 1HZ£200,000£195,000-£5,00025 Jul 202328 Jul 20233 Days

Most Expensive Streets in Blackwood

PostcodeStreetAreaAverageNo. of Sales
NP12 1HRSouth View RoadBlackwood£427,3333
NP12 1HSPentwyn AvenueBlackwood£341,7857
NP12 1AQSt Tudors ViewBlackwood£320,8333
NP12 1WUMagnolia DriveBlackwood£320,2504
NP12 1SJParc PlasBlackwood£300,0005
NP12 1GTClos Coed BachBlackwood£298,1166
NP12 1ELLon PennantCwmgelli£297,3333
NP12 1WWAspen AvenueBlackwood£294,1663
NP12 1HHCaldicot CloseBlackwood£292,8005
NP12 0DEPark View BungalowsPenmaen£292,3333

Least Expensive Streets in Blackwood

PostcodeStreetAreaAverageNo. of Sales
NP12 3LDPencoed AvenueCefn Fforest£97,1663
NP12 1WHChartist WayBlackwood£107,9005
NP12 1WBApollo WayBlackwood£109,4647
NP12 3NRFair ViewBlackwood£112,1427
NP12 1WECroeso SquareBlackwood£114,1254
NP12 1WQWaun Llwyn CrescentBlackwood£114,3333
NP12 3JRWaunborfa RoadCefn Fforest£114,3333
NP12 1DXAlbany RoadBlackwood£115,9005
NP12 1PXLewis StreetBlackwood£117,1258
NP12 1NYHall StreetBlackwood£120,4287

Explore Blackwood and Neighbouring Area House Prices