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New Tredegar House Prices New Tredegar House Prices

The average house price in New Tredegar is £0 using HM Land Registry data.

The average property price increased by £38,473 (51.83%) over the last 5 years and increased by £7,689 (7.32%) over the last 12 months.

Over the last year, there were 34 residential property sales – a decrease of 7 transactions (-20.59%) relative to the previous year. The majority of house sales (9) were in the £68,000 - £86,000 range. Then came properties in the £104,000 - £122,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,491 (-5%).

In April 2024, there were 10 new estate agency instructions, 3 agreed home sales and 5 property price reductions.

Postcodes Covered: NP24

5-Year Average Property Prices in New Tredegar

51.83%

Property prices in New Tredegar increased by 51.83% 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 New Tredegar Over the Last Year

7.32%

Property prices in New Tredegar increased by 7.32% 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 New Tredegar - 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 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 New Tredegar

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 New Tredegar

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 New Tredegar

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 New Tredegar since 1995

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

Recent Property Sales in New Tredegar

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Queens Road, Elliots Town, New Tredegar, Caerphilly, NP24 6NN£85,000£85,000£0010 Jul 202323 Jan 2024197 Days
5 St Davids Park, New Tredegar, Caerphilly, NP24 6BJ£280,000£270,500-£9,50023 Mar 202330 Oct 2023221 Days
12 Fothergills Road, New Tredegar, Caerphilly, NP24 6AP£125,000£117,000-£8,00024 Feb 202328 Jul 2023154 Days
44 Jubilee Road, New Tredegar, Caerphilly, NP24 6NY£110,000£97,000-£13,00026 Dec 202230 Jun 2023186 Days
7 Sunnybank, Tirphil, New Tredegar, Caerphilly, NP24 6EL£137,000£130,000-£7,00014 Feb 202309 Jun 2023115 Days
31 Powells Terrace, New Tredegar, Caerphilly, NP24 6AJ£90,000£88,000-£2,00001 Oct 202222 May 2023233 Days
20 Upper Road, Elliots Town, New Tredegar, Caerphilly, NP24 6ED£319,950£305,000-£14,95015 Dec 202205 May 2023141 Days
9 Duffryn Terrace, Elliots Town, New Tredegar, Caerphilly, NP24 6DG£90,000£85,000-£5,00003 Jan 202327 Apr 2023114 Days
69 Greenfield Street, New Tredegar, Caerphilly, NP24 6LQ£90,000£85,000-£5,00010 Oct 202231 Mar 2023172 Days
4 Fothergills Road, New Tredegar, Caerphilly, NP24 6AP£120,000£115,000-£5,00021 Nov 202229 Mar 2023128 Days
13 Church Terrace, New Tredegar, Caerphilly, NP24 6HF£120,000£110,000-£10,00019 Aug 202222 Mar 2023215 Days
89 Queens Road, Elliots Town, New Tredegar, Caerphilly, NP24 6DZ£110,000£110,000£0024 Sep 202222 Mar 2023179 Days
50 School Street, Elliots Town, New Tredegar, Caerphilly, NP24 6DW£140,000£135,000-£5,00015 Dec 202217 Feb 202364 Days
28 Jones Street, Phillipstown, New Tredegar, Caerphilly, NP24 6BB£120,000£100,000-£20,00024 Aug 202216 Jan 2023145 Days
112 Chapel Street, New Tredegar, Caerphilly, NP24 6AQ£119,000£114,000-£5,00005 May 202216 Dec 2022225 Days
10 Queens Road, Elliots Town, New Tredegar, Caerphilly, NP24 6NN£119,000£119,000£0005 May 202220 Oct 2022168 Days
6 Lower Stanley Terrace, Elliots Town, New Tredegar, Caerphilly, NP24 6DS£95,000£95,000£0025 Mar 202223 Sep 2022182 Days
25 Sunnybank, Tirphil, New Tredegar, Caerphilly, NP24 6EP£110,000£102,500-£7,50016 Feb 202202 Sep 2022198 Days
The Willows, Lower Road, Elliots Town, New Tredegar, Caerphilly, NP24 6EB£195,000£190,000-£5,00028 Oct 202113 May 2022197 Days
57 Greenfield Street, New Tredegar, Caerphilly, NP24 6LQ£85,000£85,000£0021 Oct 202111 May 2022202 Days

Most Expensive Streets in New Tredegar

PostcodeStreetAreaAverageNo. of Sales
NP24 6BJSt Davids ParkNew Tredegar£265,1663
NP24 6LYGraig RhymneyTirphil£156,8333
NP24 6NRGorse TerraceElliots Town£131,8333
NP24 6NNQueens RoadElliots Town£130,2005
NP24 6NPBrookland ViewElliots Town£108,3163
NP24 6EPSunnybankTirphil£104,3754
NP24 6HFChurch TerraceNew Tredegar£104,2005
NP24 6AJPowells TerraceNew Tredegar£101,0833
NP24 6DWSchool StreetElliots Town£98,4005
NP24 6DGDuffryn TerraceElliots Town£94,5577

Least Expensive Streets in New Tredegar

PostcodeStreetAreaAverageNo. of Sales
NP24 6BNMeadow TerracePhillipstown£46,9993
NP24 6NZJubilee RoadNew Tredegar£49,5003
NP24 6BGPenrhyn TerracePhillipstown£50,8754
NP24 6DNSchool StreetElliots Town£59,6663
NP24 6PBJubilee RoadNew Tredegar£60,6503
NP24 6AHBirchgroveTirphil£65,2506
NP24 6BBJones StreetPhillipstown£66,5003
NP24 6PAJubilee RoadNew Tredegar£68,8333
NP24 6DQDuffryn TerraceElliots Town£69,1663
NP24 6BADerlwyn StreetPhillipstown£71,0905

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