Tredegar House Prices Tredegar House Prices

The average house price in Tredegar is £197,500 using HM Land Registry data.

The average property price increased by £46,311 (38.39%) over the last 5 years and increased by £9,279 (5.88%) over the last 12 months.

Over the last year, there were 118 residential property sales – a decrease of 33 transactions (-27.97%) relative to the previous year. The majority of house sales (38) were in the £114,000 - £148,000 range. Then came properties in the £80,000 - £114,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 119 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,187 (-4%).

In Dec 24, there were 14 new estate agency instructions, 6 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in Tredegar

38.39%

Property prices in Tredegar increased by 38.39% 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

5.88%

Property prices in Tredegar 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 Tredegar - 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 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 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
20 Southend, Tredegar, Blaenau Gwent, NP22 4JN£140,000£140,000£0031 Jul 202408 Nov 2024100 Days
53 Harford Gardens, Sirhowy, Tredegar, Blaenau Gwent, NP22 4QX£330,000£330,000£0009 May 202407 Nov 2024182 Days
184 Gainsborough Road, Cefn Golau, Tredegar, Blaenau Gwent, NP22 3TL£145,000£125,000-£20,00017 May 202411 Oct 2024147 Days
9 Queen Square, Tredegar, Blaenau Gwent, NP22 3QH£150,000£150,000£0017 May 202404 Oct 2024140 Days
5 Roberts Terrace, Georgetown, Tredegar, Blaenau Gwent, NP22 3LP£80,000£75,000-£5,00023 May 202430 Sep 2024130 Days
7 Brangwyn Road, Cefn Golau, Tredegar, Blaenau Gwent, NP22 3TP£95,000£95,000£0023 Apr 202427 Sep 2024157 Days
19 Merthyr Road, Princetown, Tredegar, Caerphilly, NP22 3AE£250,000£240,000-£10,00024 Oct 201607 Aug 20242844 Days
56 Vale Terrace, Tredegar, Blaenau Gwent, NP22 4HU£105,000£100,000-£5,00013 Mar 202421 Jun 2024100 Days
69 Beaufort Road, Tredegar, Blaenau Gwent, NP22 4NY£99,950£95,000-£4,95030 Nov 202307 Jun 2024190 Days
92 Ystrad Deri, Dukestown, Tredegar, Blaenau Gwent, NP22 4DG£110,000£100,000-£10,00006 Feb 202430 May 2024114 Days
10 Park View, Tredegar, Blaenau Gwent, NP22 3NZ£110,000£102,000-£8,00011 Nov 202317 May 2024188 Days
3 Park Place, Tredegar, Blaenau Gwent, NP22 4LD£115,000£110,000-£5,00013 Feb 202417 May 202494 Days
22 Meadow Crescent, Scwrfa, Tredegar, Blaenau Gwent, NP22 4AS£230,000£200,000-£30,00026 Sep 202326 Apr 2024213 Days
44 Pochin Crescent, Tredegar, Blaenau Gwent, NP22 4JS£145,000£135,000-£10,00010 Jan 202405 Apr 202486 Days
11 Cefn Parc, Tredegar, Blaenau Gwent, NP22 3PH£199,000£190,000-£9,00029 Jul 202304 Apr 2024250 Days
2 Pochin Crescent, Tredegar, Blaenau Gwent, NP22 4JR£115,000£111,500-£3,50019 Aug 202328 Mar 2024222 Days
13 Park View, Tredegar, Blaenau Gwent, NP22 3NZ£125,000£122,000-£3,00030 Nov 202327 Mar 2024118 Days
13 Park Hill, Tredegar, Blaenau Gwent, NP22 3NN£82,500£80,000-£2,50019 Sep 202325 Mar 2024188 Days
17 Ashvale, Tredegar, Blaenau Gwent, NP22 4AG£144,950£137,000-£7,95016 Nov 202322 Mar 2024127 Days
3 St James Way, Georgetown, Tredegar, Blaenau Gwent, NP22 4RA£120,000£120,000£0004 Jan 202421 Mar 202477 Days

Most Expensive Streets in Tredegar

PostcodeStreetAreaAverageNo. of Sales
NP22 3BPMaes MorganNantybwch£408,0005
NP22 3BLLakesideTredegar£365,8333
NP22 4DSArches CloseDukestown£323,0003
NP22 4FALarch LaneTredegar£275,15010
NP22 3QXMarian CloseTredegar£272,7147
NP22 4NHSt James ParkTredegar£266,8256
NP22 3SENine ArchesPenybont£255,3333
NP22 4DLCwrt Pen Y TwynDukestown£255,0004
NP22 4FDCopper Beech DriveTredegar£245,91117
NP22 4ENSt Lukes RoadDukestown£242,5004

Least Expensive Streets in Tredegar

PostcodeStreetAreaAverageNo. of Sales
NP22 3DBSt Georges CourtTredegar£51,6254
NP22 3QDIslwyn TerraceTredegar£63,5004
NP22 3DASt Georges CourtTredegar£66,9005
NP22 3PECripps AvenueCefn Golau£68,7374
NP22 3LHPretoria TerraceGeorgetown£73,8333
NP22 3PTLower Salisbury StreetTredegar£75,1663
NP22 3PUUpper Salisbury StreetTredegar£77,0003
NP22 3JTVictoria TerraceGeorgetown£80,7005
NP22 4PAKing StreetTredegar£81,9368
NP22 3JWAlexandra TerraceGeorgetown£82,6663

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