Neath House Prices Neath House Prices

The average house price in Neath is £184,767 using HM Land Registry data.

The average property price increased by £41,037 (27.34%) over the last 5 years and increased by £8,223 (4.49%) over the last 12 months.

Over the last year, there were 407 residential property sales – a decrease of 72 transactions (-17.69%) relative to the previous year. The majority of house sales (100) were in the £132,000 - £174,000 range. Then came properties in the £90,000 - £132,000 range, where 98 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 111 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,742 (-3%).

In Dec 24, there were 34 new estate agency instructions, 28 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in Neath

27.34%

Property prices in Neath increased by 27.34% 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

4.49%

Property prices in Neath increased by 4.49% 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 - Dec 24

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 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
139a, Main Road, Bryncoch, Neath, Neath Port Talbot, SA10 7TR£314,950£314,000-£95002 Jul 202422 Nov 2024143 Days
100 Burrows Road, Skewen, Neath, Neath Port Talbot, SA10 6AB£110,000£110,000£0017 Aug 202418 Nov 202493 Days
49 Falcon Drive, Neath, Neath Port Talbot, SA11 3SG£284,950£282,000-£2,95018 Jun 202415 Nov 2024150 Days
15 Brynau Wood, Neath, Neath Port Talbot, SA11 3YJ£209,950£206,000-£3,95028 Mar 202411 Nov 2024228 Days
97 Bay View Gardens, Skewen, Neath, Neath Port Talbot, SA10 6NF£130,000£110,000-£20,00018 Aug 202308 Nov 2024448 Days
89 Mill Race, Neath Abbey, Neath, Neath Port Talbot, SA10 7FL£345,000£340,000-£5,00002 Jan 202407 Nov 2024310 Days
43 Pen Yr Alley Avenue, Skewen, Neath, Neath Port Talbot, SA10 6DS£210,000£208,000-£2,00012 May 202401 Nov 2024173 Days
55 Park Drive, Neath, Neath Port Talbot, SA10 6SG£195,000£191,000-£4,00007 Jun 202401 Nov 2024147 Days
2 Westbourne Road, Neath, Neath Port Talbot, SA11 2EP£159,995£156,500-£3,49515 Jun 202431 Oct 2024138 Days
9 Elias Drive, Neath, Neath Port Talbot, SA10 7TG£240,000£235,000-£5,00002 Jul 202431 Oct 2024121 Days
31 Wallace Road, Neath, Neath Port Talbot, SA11 1YL£75,000£75,000£0024 Sep 202429 Oct 202435 Days
54 Ridgewood Gardens, Cimla, Neath, Neath Port Talbot, SA11 3QF£165,000£157,000-£8,00003 Jun 202425 Oct 2024144 Days
26 Pale Road, Neath, Neath Port Talbot, SA10 6BW£274,995£266,000-£8,99514 Aug 202323 Oct 2024436 Days
14 Drumfields, Cadoxton, Neath, Neath Port Talbot, SA10 8AX£169,950£169,950£0016 Jul 202421 Oct 202497 Days
9 Llys Iris, Neath, Neath Port Talbot, SA10 7QW£265,000£265,000£0015 Jul 202421 Oct 202498 Days
2 Willet Close, Neath, Neath Port Talbot, SA11 1RZ£120,000£120,000£0001 Jul 202418 Oct 2024109 Days
Glendale, Cook Rees Avenue, Neath, Neath Port Talbot, SA11 1JU£269,950£260,000-£9,95029 Feb 202416 Aug 2024169 Days
6 Havard Jones Close, Neath, Neath Port Talbot, SA11 2HR£300,000£298,000-£2,00020 Sep 202315 Aug 2024330 Days
3 Llewellyn Street, Neath, Neath Port Talbot, SA11 1EJ£109,995£103,000-£6,99512 Jun 202414 Aug 202463 Days
14 Greenwood Road, Neath, Neath Port Talbot, SA11 2BD£134,995£132,000-£2,99524 Apr 202409 Aug 2024107 Days

Most Expensive Streets in Neath

PostcodeStreetAreaAverageNo. of Sales
SA10 8EHGilfach RoadNeath£602,4874
SA10 7AGDynevor AvenueNeath£443,0005
SA10 7ENFfrwd ValeNeath£407,5004
SA10 6DPWern RoadSkewen£403,5006
SA10 8DPDaphne RoadBryncoch£365,0003
SA10 7ALLlewellyn AvenueNeath£349,6878
SA11 3RJThe OaksCimla£347,5004
SA10 6EUCrymlyn GardensNeath£338,3336
SA10 7EWLeiros Parc DriveBryncoch£334,1666
SA10 7QADyffryn WoodsNeath£333,6103

Least Expensive Streets in Neath

PostcodeStreetAreaAverageNo. of Sales
SA11 3LWCastle QuayNeath£68,6503
SA10 6YNSouthall AvenueNeath£70,1663
SA11 1BPPendrill StreetNeath£72,2374
SA11 1NUWindsor RoadNeath£73,3333
SA11 2HWGarth-mor CourtOld Road£74,2504
SA11 1BBEthel StreetNeath£75,4166
SA10 7SFHeol IlltydNeath£76,0004
SA11 1PWKing StreetNeath£76,3577
SA11 3HDPenydreNeath£76,6663
SA11 1HECreswell RoadNeath£76,8333

Explore Neath and Neighbouring Area House Prices