Newport (South Wales) House Prices Newport (South Wales) House Prices

The average house price in Newport (South Wales) is £203,329 using HM Land Registry data.

The average property price increased by £51,154 (28.2%) over the last 5 years and increased by £10,224 (4.6%) over the last 12 months.

Over the last year, there were 1,325 residential property sales – a decrease of 606 transactions (-45.74%) relative to the previous year. The majority of house sales (330) were in the £120,000 - £166,000 range. Then came properties in the £166,000 - £212,000 range, where 311 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 £-8,026 (-2%).

In April 2024, there were 216 new estate agency instructions, 174 agreed home sales and 112 property price reductions.

5-Year Average Property Prices in Newport (South Wales)

28.2%

Property prices in Newport (South Wales) increased by 28.2% 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 Newport (South Wales) Over the Last Year

4.6%

Property prices in Newport (South Wales) increased by 4.6% 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 Newport (South Wales) - 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 Newport (South Wales)

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 Newport (South Wales)

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 Newport (South Wales)

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 Newport (South Wales) since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Newport (South Wales) area since 1995.

Recent Property Sales in Newport (South Wales)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
63 Hendre Farm Drive, Newport, NP19 9LH£170,000£160,000-£10,00030 Mar 202307 Mar 2024343 Days
8 Cotswold Close, Newport, NP19 9DU£128,000£125,000-£3,00014 Aug 202323 Feb 2024193 Days
24 Benbow Road, Newport, NP19 9FP£167,000£166,500-£50026 Oct 202323 Feb 2024120 Days
23 Ariel Close, Newport, NP20 2FN£89,950£88,500-£1,45019 Oct 202323 Feb 2024127 Days
7 Cambridge Road, Newport, NP19 0BQ£140,000£133,500-£6,50024 Aug 202315 Feb 2024175 Days
6 Springfield Close, Rhiwderin, Newport, NP10 8RZ£399,950£370,000-£29,95003 Jan 202409 Feb 202437 Days
9 Merlin Crescent, Newport, NP19 7LF£269,950£265,000-£4,95030 Jun 202302 Feb 2024217 Days
30 Goossens Close, Newport, NP19 9JN£160,000£135,000-£25,00004 Aug 202302 Feb 2024182 Days
124 Western Avenue, Newport, NP20 3QX£337,500£330,000-£7,50010 Oct 202302 Feb 2024115 Days
3 Fforest Glade, Newport, NP19 8NE£275,000£272,000-£3,00028 Oct 202331 Jan 202495 Days
34 Edward German Crescent, Newport, NP19 9ND£152,000£152,000£0012 Oct 202326 Jan 2024106 Days
6 Kier Hardie Drive, Newport, NP19 9DP£285,000£282,500-£2,50012 Jul 202326 Jan 2024198 Days
21 Arundel Road, Newport, NP19 8NY£220,000£220,000£0018 Sep 202326 Jan 2024130 Days
11 Constable Drive, Newport, NP19 7QB£180,000£180,000£0014 Nov 202326 Jan 202473 Days
147 Conway Road, Newport, NP19 8JT£150,000£105,000-£45,00005 Jan 202326 Jan 2024386 Days
33 Longtown Grove, Newport, NP10 8HD£200,000£187,500-£12,50006 Jul 202324 Jan 2024202 Days
18 Hubert Road, Newport, NP19 7JW£225,000£225,000£0029 Sep 202319 Jan 2024112 Days
24 Eastmoor Road, Newport, NP19 4NX£175,000£170,000-£5,00011 Aug 202316 Jan 2024158 Days
28 Morgan Street, Newport, NP19 7AX£125,000£121,000-£4,00002 Nov 202312 Jan 202471 Days
8 Traston Close, Newport, NP19 4TG£260,000£245,000-£15,00028 Jun 202312 Jan 2024198 Days

Most Expensive Streets in Newport (South Wales)

PostcodeStreetAreaAverageNo. of Sales
NP20 3PTGlasllwch LaneNewport£791,6663
NP18 1JJChristchurchNewport£666,6663
NP10 8UATabernacle DriveRhiwderin£655,0003
NP20 5BHFields Park RoadNewport£651,05010
NP20 5AGRidgewayNewport£620,3577
NP20 3PRGlasllwch LaneNewport£582,6005
NP20 3PPRisca RoadNewport£520,3333
NP20 5EWHazel Tree GroveNewport£515,0003
NP10 8BUForge Mill CloseBassaleg£498,9954
NP20 3SARisca RoadNewport£498,1995

Least Expensive Streets in Newport (South Wales)

PostcodeStreetAreaAverageNo. of Sales
NP20 4JQHomevalley HouseBryngwyn Road£63,87321
NP19 0JSCollingwood AvenueNewport£71,8754
NP20 5HTGlastonbury CloseNewport£81,6663
NP20 7SNDarent WalkBettws£83,0003
NP20 4BQWilliam Lovett GardensNewport£83,8124
NP20 3AZAubrey Hames CloseNewport£84,6663
NP19 9ETBloomfield CloseNewport£85,9427
NP20 5HPTewkesbury WalkNewport£86,2504
NP20 2DAClarence StreetNewport£86,3336
NP10 8JSLlwyn Deri CloseBassaleg£89,6427

Explore Newport (South Wales) and Neighbouring Area House Prices