Blaenavon House Prices Blaenavon House Prices

The average house price in Blaenavon is £120,000 using HM Land Registry data.

The average property price increased by £51,298 (44.26%) over the last 5 years and increased by £10,253 (6.53%) over the last 12 months.

Over the last year, there were 65 residential property sales – a decrease of 35 transactions (-53.85%) relative to the previous year. The majority of house sales (26) were in the £90,000 - £130,000 range. Then came properties in the £130,000 - £170,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,092 (-3%).

In April 2024, there were 8 new estate agency instructions, 10 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in Blaenavon

44.26%

Property prices in Blaenavon increased by 44.26% 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 Blaenavon Over the Last Year

6.53%

Property prices in Blaenavon increased by 6.53% 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 Blaenavon - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Blaenavon

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 Blaenavon

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 Blaenavon

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 Blaenavon since 1995

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

Recent Property Sales in Blaenavon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 West View Terrace, Blaenavon, Pontypool, Torfaen, NP4 9RR£165,000£163,000-£2,00023 Jun 202330 Jan 2024221 Days
4 Upper Hill Street, Blaenavon, Pontypool, Torfaen, NP4 9NN£119,000£110,000-£9,00010 Oct 202318 Dec 202369 Days
19 Upper Hill Street, Blaenavon, Pontypool, Torfaen, NP4 9NN£125,000£125,000£0022 Aug 202326 Oct 202365 Days
17 James Street, Blaenavon, Pontypool, Torfaen, NP4 9EL£95,000£95,000£0004 Mar 202308 Sep 2023188 Days
39 Hillside Avenue, Blaenavon, Pontypool, Torfaen, NP4 9PJ£90,000£82,500-£7,50008 Aug 202306 Sep 202329 Days
58 Lower Hill Street, Blaenavon, Pontypool, Torfaen, NP4 9EP£125,000£115,000-£10,00007 Mar 202316 Aug 2023162 Days
10 Rhydynos Street, Blaenavon, Pontypool, Torfaen, NP4 9HD£155,000£155,000£0014 Apr 202310 Aug 2023118 Days
50 Cwmavon Road, Blaenavon, Pontypool, Torfaen, NP4 9LE£180,000£175,000-£5,00023 Nov 202208 Aug 2023258 Days
25 Duke Street, Blaenavon, Pontypool, Torfaen, NP4 9HB£110,000£107,000-£3,00022 Sep 202213 Jul 2023294 Days
14 Kennard Crescent, Blaenavon, Pontypool, Torfaen, NP4 9RE£135,000£126,000-£9,00027 Mar 202307 Jul 2023102 Days
34 Cwmavon Road, Blaenavon, Pontypool, Torfaen, NP4 9LF£155,000£148,500-£6,50012 Nov 202230 Jun 2023230 Days
3 Castle Street, Blaenavon, Pontypool, Torfaen, NP4 9QL£145,000£145,000£0001 Feb 202331 May 2023119 Days
37 Lower Hill Street, Blaenavon, Pontypool, Torfaen, NP4 9EP£130,000£130,000£0007 Mar 202305 May 202359 Days
9 Oak View, Blaenavon, Pontypool, Torfaen, NP4 9LU£300,000£295,000-£5,00023 Dec 202228 Apr 2023126 Days
6 Market Street, Blaenavon, Pontypool, Torfaen, NP4 9ET£220,000£205,000-£15,00028 Oct 202228 Apr 2023182 Days
44 James Street, Blaenavon, Pontypool, Torfaen, NP4 9EL£95,000£93,000-£2,00018 Jan 202314 Apr 202386 Days
5 Vincent Street, Blaenavon, Pontypool, Torfaen, NP4 9QB£125,000£121,000-£4,00021 Oct 202205 Apr 2023166 Days
4 Martin Terrace, Forge Side, Pontypool, Torfaen, NP4 9DP£110,000£100,000-£10,00030 Nov 202224 Mar 2023114 Days
Mount Durand, Llanover Road, Blaenavon, Pontypool, Torfaen, NP4 9HS£350,000£350,000£0024 Oct 202203 Mar 2023130 Days
64 Lower Hill Street, Blaenavon, Pontypool, Torfaen, NP4 9EW£120,000£120,000£0029 Sep 202226 Jan 2023119 Days

Most Expensive Streets in Blaenavon

PostcodeStreetAreaAverageNo. of Sales
NP4 9JBMiddle Coed CaeBlaenavon£286,7504
NP4 9HULlanover RoadBlaenavon£281,6663
NP4 9AQThe ParkBlaenavon£273,1663
NP4 9LBTon Mawr AvenueBlaenavon£243,7503
NP4 9LUOak ViewBlaenavon£224,4449
NP4 9LJCoed RoadBlaenavon£222,0004
NP4 9PROakview CourtBlaenavon£221,8163
NP4 9AGThe ParkBlaenavon£218,8505
NP4 9EBSycamore RoadBlaenavon£216,33530
NP4 9HSLlanover RoadBlaenavon£211,3005

Least Expensive Streets in Blaenavon

PostcodeStreetAreaAverageNo. of Sales
NP4 9HBDuke StreetBlaenavon£81,5374
NP4 9NGQueen StreetBlaenavon£81,5836
NP4 9LPCapel Newydd AvenueBlaenavon£86,3005
NP4 9EXGeorge StreetBlaenavon£91,1663
NP4 9PJHillside AvenueBlaenavon£95,1254
NP4 9QPAlma StreetBlaenavon£95,5004
NP4 9EWLower Hill StreetBlaenavon£95,9005
NP4 9ELJames StreetBlaenavon£96,0279
NP4 9ANOld William StreetBlaenavon£97,0003
NP4 9LGCapel Newydd AvenueBlaenavon£97,2438

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