Undy and Magor House Prices Undy and Magor House Prices

The average house price in Undy and Magor is £400,000 using HM Land Registry data.

The average property price increased by £124,738 (49.16%) over the last 5 years and increased by £24,930 (7.05%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 84 transactions (-150.00%) relative to the previous year. The majority of house sales (11) were in the £356,000 - £408,000 range. Then came properties in the £304,000 - £356,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 140 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,620 (-2%).

In April 2024, there were 14 new estate agency instructions, 7 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in Undy and Magor

49.16%

Property prices in Undy and Magor increased by 49.16% 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 Undy and Magor Over the Last Year

7.05%

Property prices in Undy and Magor increased by 7.05% 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 Undy and Magor - 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 Undy and Magor

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 Undy and Magor

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 Undy and Magor

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 Undy and Magor since 1995

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

Recent Property Sales in Undy and Magor

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Stonecroft, Vinegar Hill, Undy, Caldicot, Monmouthshire, NP26 3EJ£520,000£470,000-£50,00028 Apr 202322 Mar 2024329 Days
Brightsgrove, Dancing Hill, Undy, Caldicot, Monmouthshire, NP26 3BY£535,000£530,000-£5,00015 Aug 202318 Jan 2024156 Days
14 Whitechapel Walk, Undy, Caldicot, Monmouthshire, NP26 3NS£210,000£202,500-£7,50021 Nov 202330 Nov 20239 Days
13 Cowleaze, Magor, Caldicot, Monmouthshire, NP26 3LE£290,000£270,000-£20,00014 Jul 202327 Nov 2023136 Days
38 Rockfield Way, Undy, Caldicot, Monmouthshire, NP26 3FD£400,000£395,000-£5,00005 Jun 202324 Nov 2023172 Days
10 Kensington Park, Magor, Caldicot, Monmouthshire, NP26 3QG£318,000£318,000£0030 May 202327 Oct 2023150 Days
17 The Paddocks, Undy, Caldicot, Monmouthshire, NP26 3TD£434,950£420,000-£14,95025 May 202327 Oct 2023155 Days
11 Mill Common, Undy, Caldicot, Monmouthshire, NP26 3JH£375,000£358,000-£17,00024 Jan 202312 Oct 2023261 Days
3 Queens Gardens, Magor, Caldicot, Monmouthshire, NP26 3BU£375,000£375,000£0013 Jun 202304 Oct 2023113 Days
8 Bridewell Gardens, Undy, Caldicot, Monmouthshire, NP26 3JZ£385,000£385,000£0004 Apr 202328 Sep 2023177 Days
Redcrest, Vinegar Hill, Undy, Caldicot, Monmouthshire, NP26 3EJ£639,000£610,000-£29,00023 Aug 202328 Sep 202336 Days
4 Whitehall Gardens, Undy, Caldicot, Monmouthshire, NP26 3EW£450,000£435,000-£15,00027 Apr 202308 Sep 2023134 Days
22 Rockfield Grove, Undy, Caldicot, Monmouthshire, NP26 3FB£375,000£370,000-£5,00021 Nov 202201 Sep 2023284 Days
8 Sycamore Terrace, Magor, Caldicot, Monmouthshire, NP26 3ET£315,000£312,500-£2,50014 Apr 202311 Aug 2023119 Days
3 Park Court, Undy, Caldicot, Monmouthshire, NP26 3PF£210,000£200,000-£10,00023 Mar 202310 Aug 2023140 Days
40 Quarry Rise, Undy, Caldicot, Monmouthshire, NP26 3JU£245,000£240,000-£5,00007 Mar 202331 Jul 2023146 Days
6 Tudor Court, Undy, Caldicot, Monmouthshire, NP26 3LS£255,000£255,000£0011 Apr 202317 Jul 202397 Days
42 St Annes Crescent, Undy, Caldicot, Monmouthshire, NP26 3PL£219,950£215,000-£4,95016 Jan 202314 Jul 2023179 Days
3 The Limes, Undy, Caldicot, Monmouthshire, NP26 3LU£235,000£225,000-£10,00002 May 202316 Jun 202345 Days
36 St Annes Crescent, Undy, Caldicot, Monmouthshire, NP26 3PL£210,000£208,000-£2,00009 Mar 202313 Jun 202396 Days

Most Expensive Streets in Undy and Magor

PostcodeStreetAreaAverageNo. of Sales
NP26 3ENUndyCaldicot£553,8336
NP26 3EJVinegar HillUndy£520,53813
NP26 3BUQueens GardensMagor£447,5006
NP26 3HXSt Brides RoadMagor£430,0003
NP26 3NJWindsor ParkMagor£405,6254
NP26 3HHThe OrchardsUndy£401,2504
NP26 3NHWindsor GardensMagor£399,0003
NP26 3FRSilurian RoadUndy£397,4409
NP26 3JLDinch HillUndy£389,0005
NP26 3TDThe PaddocksUndy£387,3333

Least Expensive Streets in Undy and Magor

PostcodeStreetAreaAverageNo. of Sales
NP26 3GGSalisbury WalkMagor£185,1124
NP26 3NTLandau CloseUndy£198,3333
NP26 3NSWhitechapel WalkUndy£202,5005
NP26 3PFPark CourtUndy£207,7438
NP26 3GFSeymour WayMagor£216,70920
NP26 3NQAcacia AvenueUndy£222,07912
NP26 3NNRowan CloseUndy£228,6663
NP26 3LSTudor CourtUndy£230,0003
NP26 3JXLea CloseUndy£231,6254
NP26 3EXElm AvenueUndy£231,6663

Explore Undy and Magor and Neighbouring Area House Prices