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Tredegar House Prices Tredegar House Prices

The average house price in Tredegar is £135,750 using HM Land Registry data.

The average property price increased by £60,637 (56.26%) over the last 5 years and increased by £12,119 (7.75%) over the last 12 months.

Over the last year, there were 121 residential property sales – a decrease of 101 transactions (-83.47%) relative to the previous year. The majority of house sales (34) were in the £116,000 - £152,000 range. Then came properties in the £80,000 - £116,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 44 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,988 (-4%).

In April 2024, there were 21 new estate agency instructions, 11 agreed home sales and 17 property price reductions.

Neighbouring Areas: Ebbw Vale

Postcodes Covered: NP22, NP23

5-Year Average Property Prices in Tredegar

56.26%

Property prices in Tredegar increased by 56.26% 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 Tredegar Over the Last Year

7.75%

Property prices in Tredegar increased by 7.75% 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 Tredegar - 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 Tredegar

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 Tredegar

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 Tredegar

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 Tredegar since 1995

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

Recent Property Sales in Tredegar

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
40 Glyn Terrace, Tredegar, Blaenau Gwent, NP22 4HX£134,950£130,500-£4,45006 Oct 202315 Mar 2024161 Days
12 Ladies Row, Tredegar, Blaenau Gwent, NP22 4PB£100,000£100,000£0016 Sep 202219 Feb 2024521 Days
63 Beaufort Road, Tredegar, Blaenau Gwent, NP22 4NY£120,000£105,000-£15,00006 Jan 202306 Feb 2024396 Days
127 Vale Terrace, Tredegar, Blaenau Gwent, NP22 4HZ£95,000£95,000£0016 Jul 202315 Jan 2024183 Days
20 Brangwyn Road, Cefn Golau, Tredegar, Blaenau Gwent, NP22 3TP£90,000£88,000-£2,00004 Aug 202322 Dec 2023140 Days
71 Glyn Terrace, Tredegar, Blaenau Gwent, NP22 4JA£148,000£144,000-£4,00004 Oct 202314 Dec 202371 Days
24 Morgan Street, Tredegar, Blaenau Gwent, NP22 3ND£79,950£70,000-£9,95002 Jun 202314 Dec 2023195 Days
22 Pochin Crescent, Tredegar, Blaenau Gwent, NP22 4JR£135,000£125,000-£10,00031 Aug 202306 Dec 202397 Days
35 Stockton Way, Tredegar, Blaenau Gwent, NP22 3EN£190,000£177,500-£12,50030 Aug 202301 Dec 202393 Days
5 Fields Road, Tredegar, Blaenau Gwent, NP22 4LW£180,000£168,000-£12,00027 Jul 202324 Nov 2023120 Days
29 Vale Terrace, Tredegar, Blaenau Gwent, NP22 4HT£125,000£122,500-£2,50015 Sep 202324 Nov 202370 Days
2 Queen Square, Tredegar, Blaenau Gwent, NP22 3QH£249,950£240,000-£9,95024 May 202310 Nov 2023170 Days
Dan-y-bryn, Park View, Tredegar, Blaenau Gwent, NP22 3NJ£195,000£185,000-£10,00030 May 202303 Nov 2023157 Days
4 Arnold Place, Tredegar, Blaenau Gwent, NP22 4RR£160,000£155,000-£5,00015 May 202327 Oct 2023165 Days
Green Bower, Dukestown Road, Tredegar, Blaenau Gwent, NP22 4QD£349,950£315,000-£34,95017 Feb 202327 Oct 2023252 Days
41 Beaufort Road, Tredegar, Blaenau Gwent, NP22 4NT£84,000£77,000-£7,00013 Sep 202320 Oct 202337 Days
5 Gladstone Place, Tredegar, Blaenau Gwent, NP22 4LG£150,000£142,000-£8,00018 Jul 202319 Oct 202393 Days
12 Pretoria Terrace, Georgetown, Tredegar, Blaenau Gwent, NP22 3LH£80,000£80,000£0029 Sep 202316 Oct 202317 Days
67 James Street, Tredegar, Blaenau Gwent, NP22 4JF£134,950£132,000-£2,95006 May 202329 Sep 2023146 Days
90 Charles Street, Tredegar, Blaenau Gwent, NP22 4AF£90,000£77,000-£13,00017 Apr 202325 Sep 2023161 Days

Most Expensive Streets in Tredegar

PostcodeStreetAreaAverageNo. of Sales
NP22 3BPMaes MorganNantybwch£408,0005
NP22 3BLLakesideTredegar£354,3754
NP22 3AJSiloam CloseTafarnaubach£325,1663
NP22 4DSArches CloseDukestown£323,0003
NP22 4NHSt James ParkTredegar£266,8256
NP22 3QXMarian CloseTredegar£260,8128
NP22 3AEMerthyr RoadPrincetown£256,3503
NP22 3SENine ArchesPenybont£255,3333
NP22 4DLCwrt Pen Y TwynDukestown£255,0004
NP22 4AUScwrfa RoadScwrfa£254,5004

Least Expensive Streets in Tredegar

PostcodeStreetAreaAverageNo. of Sales
NP22 3DDSt Georges CourtTredegar£48,5003
NP22 3DBSt Georges CourtTredegar£55,6663
NP22 3QDIslwyn TerraceTredegar£63,5004
NP22 3DASt Georges CourtTredegar£64,3005
NP22 3LHPretoria TerraceGeorgetown£67,6254
NP22 3PECripps AvenueCefn Golau£68,7374
NP22 3PTLower Salisbury StreetTredegar£75,1663
NP22 4PAKing StreetTredegar£75,9368
NP22 3JTVictoria TerraceGeorgetown£76,4166
NP22 3PUUpper Salisbury StreetTredegar£77,0003

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