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Rhymney House Prices Rhymney House Prices

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

The average property price increased by £38,658 (38.48%) over the last 5 years and increased by £7,726 (5.88%) over the last 12 months.

Over the last year, there were 27 residential property sales – a decrease of 32 transactions (-118.52%) relative to the previous year. The majority of house sales (14) were in the £104,000 - £126,000 range. Then came properties in the £148,000 - £170,000 range, where 3 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 £-8,034 (-5%).

In April 2024, there were 5 new estate agency instructions, 5 agreed home sales and 9 property price reductions.

Postcodes Covered: NP22

5-Year Average Property Prices in Rhymney

38.48%

Property prices in Rhymney increased by 38.48% 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 Rhymney Over the Last Year

5.88%

Property prices in Rhymney increased by 5.88% 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 Rhymney - 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 Rhymney

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 Rhymney

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 Rhymney

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 Rhymney since 1995

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

Recent Property Sales in Rhymney

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
111 High Street, Rhymney, Tredegar, Caerphilly, NP22 5NG£185,000£176,000-£9,00014 Sep 202306 Feb 2024145 Days
14 Price Street, Rhymney, Tredegar, Caerphilly, NP22 5HG£100,000£93,000-£7,00025 Jul 202326 Jan 2024185 Days
19 Maerdy View, Rhymney, Tredegar, Caerphilly, NP22 5LH£109,995£107,000-£2,99519 Apr 202329 Nov 2023224 Days
2 Hafod Y Mynydd, Rhymney, Tredegar, Caerphilly, NP22 5JQ£64,000£62,500-£1,50014 Feb 202306 Nov 2023265 Days
15 Tanyllan Terrace, Rhymney, Tredegar, Caerphilly, NP22 5HE£130,000£125,000-£5,00014 Aug 202319 Oct 202366 Days
44 Lady Tyler Terrace, Rhymney, Tredegar, Caerphilly, NP22 5PN£115,000£110,000-£5,00024 May 202313 Oct 2023142 Days
12 Garden City, Rhymney, Tredegar, Caerphilly, NP22 5JY£125,000£121,000-£4,00007 Jun 202303 Oct 2023118 Days
10 Alexandra Place, Rhymney, Tredegar, Caerphilly, NP22 5HR£170,000£165,000-£5,00028 Apr 202308 Sep 2023133 Days
6 Lady Tyler Terrace, Rhymney, Tredegar, Caerphilly, NP22 5PL£129,950£125,000-£4,95001 Apr 202321 Jul 2023111 Days
95 High Street, Rhymney, Tredegar, Caerphilly, NP22 5NG£156,800£150,000-£6,80026 Dec 202128 Jun 2023549 Days
84 High Street, Rhymney, Tredegar, Caerphilly, NP22 5NB£160,000£148,000-£12,00017 Nov 202203 May 2023167 Days
19 Bryn Seion Street, Rhymney, Tredegar, Caerphilly, NP22 5EW£135,000£130,000-£5,00026 Dec 202217 Apr 2023112 Days
10 Hill Street, Rhymney, Tredegar, Caerphilly, NP22 5JD£120,000£116,000-£4,00023 Jun 202207 Feb 2023229 Days
2 Mountbatten, Rhymney, Tredegar, Caerphilly, NP22 5PF£100,000£100,000£0023 Aug 202213 Jan 2023143 Days
10 High Street, Rhymney, Tredegar, Caerphilly, NP22 5NG£125,000£120,000-£5,00031 May 202221 Dec 2022204 Days
19 Lady Tyler Terrace, Rhymney, Tredegar, Caerphilly, NP22 5PL£120,000£112,500-£7,50021 Jun 202216 Dec 2022178 Days
1 Aneurin Terrace, Rhymney, Tredegar, Caerphilly, NP22 5DR£110,000£99,000-£11,00027 Sep 202208 Dec 202272 Days
3 Bryn Seion Street, Rhymney, Tredegar, Caerphilly, NP22 5EW£120,000£120,000£0015 Jun 202221 Oct 2022128 Days
116 High Street, Rhymney, Tredegar, Caerphilly, NP22 5NG£209,950£200,000-£9,95009 Mar 202230 Sep 2022205 Days
5 Castle Fields, Rhymney, Tredegar, Caerphilly, NP22 5NJ£350,000£315,000-£35,00002 Sep 202130 Sep 2022393 Days

Most Expensive Streets in Rhymney

PostcodeStreetAreaAverageNo. of Sales
NP22 5HTOld Brewery LaneRhymney£230,7504
NP22 5LLLawn TerraceRhymney£221,6663
NP22 5BLRhymney WalkRhymney£197,6005
NP22 5DZRedwood CourtThe Terrace£197,1205
NP22 5LYThe TerraceRhymney£180,0004
NP22 5NGHigh StreetRhymney£136,27211
NP22 5JDHill StreetRhymney£131,5003
NP22 5JYGarden CityRhymney£131,4005
NP22 5EPOakland TerraceRhymney£130,0004
NP22 5JZGarden CityRhymney£128,2504

Least Expensive Streets in Rhymney

PostcodeStreetAreaAverageNo. of Sales
NP22 5LPHigh StreetRhymney£81,0003
NP22 5NHManest StreetRhymney£81,6254
NP22 5LQTan Y BrynRhymney£87,2503
NP22 5ETQueens CrescentRhymney£88,0004
NP22 5DPIs FrynRhymney£89,9005
NP22 5PLLady Tyler TerraceRhymney£90,48312
NP22 5EECarno StreetRhymney£90,8163
NP22 5NDCross StreetRhymney£91,1254
NP22 5HLChurch StreetRhymney£91,1663
NP22 5PFMountbattenRhymney£92,6663

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