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Port Talbot House Prices Port Talbot House Prices

The average house price in Port Talbot is £127,823 using HM Land Registry data.

The average property price increased by £52,887 (50.07%) over the last 5 years and increased by £10,570 (7.14%) over the last 12 months.

Over the last year, there were 322 residential property sales – a decrease of 138 transactions (-42.86%) relative to the previous year. The majority of house sales (102) were in the £118,000 - £146,000 range. Then came properties in the £146,000 - £174,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,354 (-3%).

In April 2024, there were 46 new estate agency instructions, 32 agreed home sales and 23 property price reductions.

Neighbouring Areas: Baglan

Postcodes Covered: SA12, SA13

5-Year Average Property Prices in Port Talbot

50.07%

Property prices in Port Talbot increased by 50.07% 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 Port Talbot Over the Last Year

7.14%

Property prices in Port Talbot increased by 7.14% 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 Port Talbot - 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 Port Talbot

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 Port Talbot

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 Port Talbot

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 Port Talbot since 1995

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

Recent Property Sales in Port Talbot

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Harvey Crescent, Aberavon, Port Talbot, Neath Port Talbot, SA12 6DF£184,950£180,000-£4,95024 May 202315 Mar 2024296 Days
30 Trefelin Crescent, Port Talbot, Neath Port Talbot, SA13 1DZ£165,000£161,500-£3,50013 Jul 202304 Mar 2024235 Days
52 Ynys Street, Port Talbot, Neath Port Talbot, SA13 1YW£159,950£143,000-£16,95017 Apr 202329 Feb 2024318 Days
25 Island Mews, Port Talbot, Neath Port Talbot, SA13 1XW£127,500£112,000-£15,50021 Jun 202329 Feb 2024253 Days
58 Southdown View, Port Talbot, Neath Port Talbot, SA12 7AE£129,950£120,000-£9,95006 Nov 202326 Feb 2024112 Days
14 New Street, Aberavon, Port Talbot, Neath Port Talbot, SA12 6HG£110,000£105,000-£5,00030 Nov 202323 Feb 202485 Days
9 St Asaph Drive, Port Talbot, Neath Port Talbot, SA12 7LL£130,000£130,000£0001 Dec 202319 Feb 202480 Days
23 Sandfields Road, Port Talbot, Neath Port Talbot, SA12 6LU£105,000£96,000-£9,00026 Jun 202313 Feb 2024232 Days
14 Danyffynnon, Port Talbot, Neath Port Talbot, SA13 2EY£180,000£165,000-£15,00020 Oct 202301 Feb 2024104 Days
10 Gwendoline Street, Port Talbot, Neath Port Talbot, SA12 6ED£75,000£74,000-£1,00031 Jul 202324 Jan 2024177 Days
23 Gwar Y Caeau, Port Talbot, Neath Port Talbot, SA13 2UR£130,000£110,000-£20,00014 Aug 202319 Jan 2024158 Days
11 Eagle Street, Port Talbot, Neath Port Talbot, SA13 1AA£155,000£145,000-£10,00006 Jul 202312 Jan 2024190 Days
13 Fairway, Port Talbot, Neath Port Talbot, SA12 7HG£160,000£160,000£0015 Sep 202305 Jan 2024112 Days
45 Manor Street, Port Talbot, Neath Port Talbot, SA13 1AB£109,950£102,000-£7,95018 Oct 202319 Dec 202362 Days
8 Caradog Street, Port Talbot, Neath Port Talbot, SA13 1UF£115,000£110,000-£5,00005 Aug 202319 Dec 2023136 Days
18 Brynhyfryd Road, Port Talbot, Neath Port Talbot, SA13 2DF£134,950£120,000-£14,95013 Jun 202318 Dec 2023188 Days
21 Lower West End, Port Talbot, Neath Port Talbot, SA13 1PY£109,950£104,500-£5,45005 Jul 202315 Dec 2023163 Days
6 Springfield Terrace, Baglan, Port Talbot, Neath Port Talbot, SA12 8HN£100,000£95,000-£5,00016 Aug 202308 Dec 2023114 Days
30 Pier Way, Port Talbot, Neath Port Talbot, SA12 7NR£105,000£103,000-£2,00031 Aug 202329 Nov 202390 Days
104 Western Avenue, Port Talbot, Neath Port Talbot, SA12 7NA£160,000£155,000-£5,00009 Jun 202328 Nov 2023172 Days

Most Expensive Streets in Port Talbot

PostcodeStreetAreaAverageNo. of Sales
SA12 8AEDinas Baglan RoadBaglan£396,0006
SA13 2BGStallcourt ClosePort Talbot£318,6663
SA12 6BHSitwell WayPort Talbot£305,7754
SA13 2EHPenycae RoadPort Talbot£297,6663
SA12 6DLMariners PointPort Talbot£284,0836
SA13 2EGPenycae RoadPort Talbot£281,2504
SA12 6DNMariners PointPort Talbot£275,6666
SA12 7QABay View CloseSandfields£267,0333
SA13 2EBYnys Y GoredPort Talbot£243,82711
SA12 8DSPentyla Baglan RoadPort Talbot£234,6427

Least Expensive Streets in Port Talbot

PostcodeStreetAreaAverageNo. of Sales
SA12 6NFGlyn StreetPort Talbot£46,6663
SA13 2DBMargam RoadPort Talbot£52,3333
SA13 1PSChapel TerracePort Talbot£60,0003
SA12 6NWBorough StreetPort Talbot£60,1663
SA12 6NABeach StreetPort Talbot£64,1663
SA12 6UDMarsh StreetPort Talbot£68,2504
SA12 6BJStair StreetPort Talbot£68,6663
SA12 6ERBlodwen StreetPort Talbot£71,0389
SA12 8SFLlewellyn StreetPort Talbot£73,3333
SA12 6EGDunraven StreetPort Talbot£73,5005

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