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Risca House Prices Risca House Prices

The average house price in Risca is £178,732 using HM Land Registry data.

The average property price increased by £44,657 (30.52%) over the last 5 years and increased by £8,948 (4.92%) over the last 12 months.

Over the last year, there were 125 residential property sales – a decrease of 73 transactions (-58.40%) relative to the previous year. The majority of house sales (31) were in the £162,000 - £188,000 range. Then came properties in the £136,000 - £162,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,468 (-2%).

In Dec 24, there were 14 new estate agency instructions, 12 agreed home sales and 9 property price reductions.

Neighbouring Areas: Abercarn, Rogerstone

Postcodes Covered: NP10, NP11

5-Year Average Property Prices in Risca

30.52%

Property prices in Risca increased by 30.52% 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 Risca Over the Last Year

4.92%

Property prices in Risca increased by 4.92% 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 Risca - 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 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 Risca

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 Risca

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 Risca

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 Risca since 1995

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

Recent Property Sales in Risca

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
45 Railway Street, Risca, Newport, Caerphilly, NP11 6FB£140,000£129,000-£11,00019 Jan 202421 Nov 2024307 Days
11 Exchange Road, Risca, Newport, Caerphilly, NP11 6GP£185,000£176,000-£9,00024 Jul 202415 Nov 2024114 Days
57 Cotswold Way, Risca, Newport, Caerphilly, NP11 6QT£300,000£300,000£0024 Jul 202408 Nov 2024107 Days
3 Llanarth Square, Risca, Newport, Caerphilly, NP11 6EA£185,000£172,000-£13,00005 Apr 202408 Nov 2024217 Days
40 Vale View, Risca, Newport, Caerphilly, NP11 6HS£270,000£270,000£0002 Jul 202404 Nov 2024125 Days
36 Quantock Close, Risca, Newport, Caerphilly, NP11 6QW£145,000£139,500-£5,50011 Jun 202401 Nov 2024143 Days
31 Brierley Close, Risca, Newport, Caerphilly, NP11 6RE£170,000£167,500-£2,50011 Jun 202430 Oct 2024141 Days
47 Fairview Avenue, Risca, Newport, Caerphilly, NP11 6HU£155,000£145,000-£10,00011 Apr 202422 Aug 2024133 Days
4 Wesley Place, Risca, Newport, Caerphilly, NP11 6BZ£165,000£165,000£0024 Jan 202407 Aug 2024196 Days
55 Springfield Road, Risca, Newport, Caerphilly, NP11 6LZ£189,950£189,950£0019 Feb 202426 Jul 2024158 Days
21 Tir Y Cwm Road, Risca, Newport, Caerphilly, NP11 6DL£195,000£170,000-£25,00018 Mar 202423 Jul 2024127 Days
14 Hill Street, Risca, Newport, Caerphilly, NP11 6QH£195,000£195,000£0025 Jan 202419 Jul 2024176 Days
18 Gladstone Street, Cross Keys, Newport, Caerphilly, NP11 7PA£135,000£133,892-£1,10805 Mar 202417 Jul 2024134 Days
71 North Road, Pontywaun, Newport, Caerphilly, NP11 7FW£160,000£156,000-£4,00004 Dec 202324 Jun 2024203 Days
71 St Mary Street, Risca, Newport, Caerphilly, NP11 6GQ£300,000£300,000£0010 Aug 202310 Jun 2024305 Days
50 Clyde Street, Risca, Newport, Caerphilly, NP11 6BG£185,000£180,000-£5,00021 Feb 202423 May 202492 Days
107 Commercial Street, Risca, Newport, Caerphilly, NP11 6AZ£115,000£112,000-£3,00014 Sep 202317 May 2024246 Days
40 Elm Drive, Risca, Newport, Caerphilly, NP11 6HJ£149,950£145,000-£4,95023 Jun 202313 May 2024325 Days
5 Gelli Unig Terrace, Pontywaun, Newport, Caerphilly, NP11 7GF£190,000£188,000-£2,00004 Dec 202313 May 2024161 Days
12 Fairview Avenue, Risca, Newport, Caerphilly, NP11 6HU£164,950£155,000-£9,95023 Jan 202410 May 2024108 Days

Most Expensive Streets in Risca

PostcodeStreetAreaAverageNo. of Sales
NP11 7BLGardens View ClosePontywaun£414,0003
NP11 6JZManor RoadRisca£330,5004
NP11 6GYDarran RoadRisca£317,5003
NP11 6JQTanybrynRisca£265,0003
NP11 7ASNant Y GarnRisca£262,2005
NP11 7NZWoodside WalkWattsville£257,43115
NP11 6ENLower OchrwythRisca£253,2374
NP11 6JHIsobel CourtElm Drive£252,3748
NP11 6QGGelli CrescentRisca£251,0004
NP11 6QTCotswold WayRisca£244,30010

Least Expensive Streets in Risca

PostcodeStreetAreaAverageNo. of Sales
NP11 7ATEbbw CourtWoodward Road£86,1005
NP11 6HBExchange CourtSt Mary Street, Risca£88,6663
NP11 7QLIslwyn RoadWattsville£91,0004
NP11 6BDCoronation StreetRisca£98,6663
NP11 7BRWoodward RoadCross Keys£100,0003
NP11 7DHRisca RoadCross Keys£101,4005
NP11 6JUChannel ViewRisca£102,5007
NP11 7ALWaunfawr GardensCross Keys£109,8005
NP11 7FNHigh StreetCross Keys£112,5007
NP11 6NFTy Isaf Park CircleRisca£112,6045

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