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Risca House Prices Risca House Prices

The average house price in Risca is £152,285 using HM Land Registry data.

The average property price increased by £53,616 (39.32%) over the last 5 years and increased by £10,715 (5.98%) over the last 12 months.

Over the last year, there were 150 residential property sales – a decrease of 60 transactions (-40.00%) relative to the previous year. The majority of house sales (37) were in the £134,000 - £158,000 range. Then came properties in the £158,000 - £182,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,598 (-2%).

In April 2024, there were 25 new estate agency instructions, 25 agreed home sales and 11 property price reductions.

Neighbouring Areas: Abercarn, Rogerstone

Postcodes Covered: NP10, NP11

5-Year Average Property Prices in Risca

39.32%

Property prices in Risca increased by 39.32% 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

5.98%

Property prices in Risca increased by 5.98% 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 - 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 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
44 Garden Suburbs, Pontywaun, Newport, Caerphilly, NP11 7GD£225,000£215,000-£10,00028 Jul 202326 Jan 2024182 Days
16 Wesley Place, Risca, Newport, Caerphilly, NP11 6BZ£159,950£152,000-£7,95027 Sep 202312 Jan 2024107 Days
87 Garden Suburbs, Pontywaun, Newport, Caerphilly, NP11 7GD£195,000£190,000-£5,00006 Jul 202308 Jan 2024186 Days
1 Isaf Road, Risca, Newport, Caerphilly, NP11 6EG£130,000£125,000-£5,00007 Aug 202320 Dec 2023135 Days
27 North Road, Pontywaun, Newport, Caerphilly, NP11 7FZ£180,000£180,000£0030 Apr 202311 Dec 2023225 Days
51 Herbert Avenue, Risca, Newport, Caerphilly, NP11 6JT£210,000£190,000-£20,00024 Mar 202330 Nov 2023251 Days
10 Gelli Crescent, Risca, Newport, Caerphilly, NP11 6QG£240,000£232,000-£8,00002 May 202302 Nov 2023184 Days
84 Fairview Avenue, Risca, Newport, Caerphilly, NP11 6HW£150,000£140,000-£10,00011 Aug 202302 Nov 202383 Days
149 Ty Isaf Park Avenue, Risca, Newport, Caerphilly, NP11 6NL£155,000£155,000£0019 Jul 202327 Oct 2023100 Days
90 Islwyn Road, Wattsville, Newport, Caerphilly, NP11 7QJ£180,000£180,000£0027 Apr 202326 Oct 2023182 Days
1 Troed Y Rhiw Road, Wattsville, Newport, Caerphilly, NP11 7QS£239,995£195,000-£44,99506 Apr 202326 Oct 2023203 Days
34 Grove Road, Risca, Newport, Caerphilly, NP11 6GN£190,000£182,000-£8,00004 Apr 202325 Oct 2023204 Days
25 Garden Suburbs, Pontywaun, Newport, Caerphilly, NP11 7GB£135,000£128,000-£7,00007 Jul 202320 Oct 2023105 Days
3 Medart Street, Cross Keys, Newport, Caerphilly, NP11 7AG£165,000£163,000-£2,00007 Apr 202303 Oct 2023179 Days
16 North Road, Pontywaun, Newport, Caerphilly, NP11 7GA£230,000£225,000-£5,00030 Mar 202303 Oct 2023187 Days
45 Sycamore Crescent, Risca, Newport, Caerphilly, NP11 6AF£175,000£170,000-£5,00017 Jul 202328 Sep 202373 Days
9 Lower Wyndham Terrace, Risca, Newport, Caerphilly, NP11 6QQ£175,000£170,000-£5,00028 Apr 202328 Sep 2023153 Days
6 Carlton Place, Cross Keys, Newport, Caerphilly, NP11 7BW£187,000£187,000£0008 Feb 202311 Sep 2023215 Days
11 Wesley Place, Risca, Newport, Caerphilly, NP11 6BZ£165,000£162,000-£3,00022 Apr 202308 Sep 2023139 Days
20 Medart Street, Cross Keys, Newport, Caerphilly, NP11 7AG£167,500£167,500£0020 May 202308 Sep 2023111 Days

Most Expensive Streets in Risca

PostcodeStreetAreaAverageNo. of Sales
NP11 7BLGardens View ClosePontywaun£414,0003
NP11 6JZManor RoadRisca£370,0003
NP11 6GYDarran RoadRisca£317,5003
NP11 7ASNant Y GarnRisca£262,2005
NP11 7NZWoodside WalkWattsville£255,89218
NP11 6JHIsobel CourtElm Drive£252,3748
NP11 6QGGelli CrescentRisca£247,2005
NP11 6QTCotswold WayRisca£235,66612
NP11 6JQTanybrynRisca£231,8754
NP11 6LUNewport RoadRisca£230,0003

Least Expensive Streets in Risca

PostcodeStreetAreaAverageNo. of Sales
NP11 6FPSarn PlaceRisca£84,1663
NP11 7ATEbbw CourtWoodward Road£86,1005
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£106,5628
NP11 7FXSilver StreetPontywaun£108,0003
NP11 7FNHigh StreetCross Keys£108,1119
NP11 7ALWaunfawr GardensCross Keys£109,8005

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