Neath House Prices Neath House Prices

The average house price in Neath is £135,034 using HM Land Registry data.

The average property price increased by £57,092 (42.19%) over the last 5 years and increased by £11,411 (6.3%) over the last 12 months.

Over the last year, there were 414 residential property sales – a decrease of 81 transactions (-19.57%) relative to the previous year. The majority of house sales (104) were in the £132,000 - £174,000 range. Then came properties in the £90,000 - £132,000 range, where 99 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,254 (-3%).

In April 2024, there were 65 new estate agency instructions, 45 agreed home sales and 48 property price reductions.

5-Year Average Property Prices in Neath

42.19%

Property prices in Neath increased by 42.19% 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 Neath Over the Last Year

6.3%

Property prices in Neath increased by 6.3% 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 Neath - 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 Neath

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 Neath

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 Neath

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 Neath since 1995

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

Recent Property Sales in Neath

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
33 Glen Road, Neath, Neath Port Talbot, SA11 3DS£174,950£170,000-£4,95016 Oct 202315 Mar 2024151 Days
98 Cimla Road, Neath, Neath Port Talbot, SA11 3UD£149,950£134,000-£15,95018 Oct 202312 Mar 2024146 Days
131 Old Road, Neath, Neath Port Talbot, SA11 2DF£240,000£210,000-£30,00024 Aug 202308 Mar 2024197 Days
18 Park Street, Neath, Neath Port Talbot, SA11 3DF£180,000£170,000-£10,00001 Jun 202301 Mar 2024274 Days
53 Wern Road, Skewen, Neath, Neath Port Talbot, SA10 6DL£200,000£195,000-£5,00014 Sep 202316 Feb 2024155 Days
230 Old Road, Neath, Neath Port Talbot, SA11 2ER£120,000£117,500-£2,50018 Jul 202315 Feb 2024212 Days
56 Moorland Road, Neath, Neath Port Talbot, SA11 1JW£140,000£135,000-£5,00007 Nov 202309 Feb 202494 Days
7 Cobham Drive, Cimla, Neath, Neath Port Talbot, SA11 2BP£310,000£310,000£0025 Sep 202309 Feb 2024137 Days
42 Dalton Road, Neath, Neath Port Talbot, SA11 1UF£120,000£120,000£0014 Oct 202309 Feb 2024118 Days
36 Edith Mills Close, Neath, Neath Port Talbot, SA11 2JL£280,000£280,000£0026 Dec 202202 Feb 2024403 Days
37 Llygad Yr Haul, Neath, Neath Port Talbot, SA10 7SR£180,000£175,000-£5,00028 Sep 202329 Jan 2024123 Days
29 Dynevor Road, Skewen, Neath, Neath Port Talbot, SA10 6TF£100,000£85,000-£15,00023 Oct 202319 Jan 202488 Days
18 New Henry Street, Neath, Neath Port Talbot, SA11 1PH£120,000£118,000-£2,00025 Aug 202312 Jan 2024140 Days
64 Castle Drive, Neath, Neath Port Talbot, SA11 3YE£199,950£196,000-£3,95016 Oct 202305 Jan 202481 Days
79 Crymlyn Road, Neath, Neath Port Talbot, SA10 6DY£200,000£200,000£0018 Oct 202305 Jan 202479 Days
143 Longford Road, Neath, Neath Port Talbot, SA10 7HH£205,000£195,000-£10,00011 Aug 202305 Jan 2024147 Days
10 Osprey Close, Bryncoch, Neath, Neath Port Talbot, SA10 7EP£259,950£240,000-£19,95023 Jun 202304 Jan 2024195 Days
58 Lewis Road, Neath, Neath Port Talbot, SA11 1DX£100,000£100,000£0028 Jun 202320 Dec 2023175 Days
39 Pendrill Street, Neath, Neath Port Talbot, SA11 1BP£77,995£71,500-£6,49518 Sep 202319 Dec 202392 Days
26 Park Avenue, Skewen, Neath, Neath Port Talbot, SA10 6RU£200,000£195,000-£5,00018 Oct 202315 Dec 202358 Days

Most Expensive Streets in Neath

PostcodeStreetAreaAverageNo. of Sales
SA10 8EHGilfach RoadNeath£486,6663
SA10 7AGDynevor AvenueNeath£428,7504
SA10 7ENFfrwd ValeNeath£407,5004
SA10 7EXBittern CourtBryncoch£391,6663
SA10 6DPWern RoadSkewen£377,5717
SA10 8DPDaphne RoadBryncoch£365,0003
SA10 7TAMain RoadBryncoch£361,8905
SA11 1JUCook Rees AvenueNeath£349,6663
SA11 3RJThe OaksCimla£347,5004
SA10 7ALLlewellyn AvenueNeath£336,3889

Least Expensive Streets in Neath

PostcodeStreetAreaAverageNo. of Sales
SA11 1EPRopewalk TerraceNeath£67,8333
SA11 1PNMary StreetNeath£68,0433
SA11 3LWCastle QuayNeath£68,6503
SA11 1PPElias StreetNeath£68,7484
SA10 6YNSouthall AvenueNeath£70,5004
SA11 2HFCuthbertson StreetNeath£70,6663
SA11 1BPPendrill StreetNeath£72,2374
SA11 1PWKing StreetNeath£72,9287
SA11 1NUWindsor RoadNeath£73,3333
SA11 2HWGarth-mor CourtOld Road£74,2504

Explore Neath and Neighbouring Area House Prices