Market outlook for NP4
Key indicators for buyers
The NP4 market is moderately favourable for buyers. Prices are rising at 70.2%, which may favour acting sooner rather than later. Rising rents (£851/mo, +3.6%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Torfaen area
A home in Torfaen costs 5.5x the local median salary — moderate, improving from a peak of 5.8x in 2007.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Torfaen area
Average monthly rent in Torfaen is £851, up 3.6% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Torfaen price of £330,714 with a 25% deposit (£83k), a 2-year fixed mortgage at 3.97% costs around £1,305 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses NP4 avg. price with Torfaen rental data
Monthly mortgage payments (£1,305) are £454 more than renting (£851). However, buying requires an upfront deposit of £83k — it would take around 21 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
16, GARTH CLOSE, TREVETHIN NP4 8EH | Semi-detached | £152,500 | 27 Jan 2026 |
NEW HOUSE, ALBERT ROAD, TALYWAIN NP4 7RL | Detached | £370,000 | 16 Jan 2026 |
82, CHURCHWOOD, GRIFFITHSTOWN NP4 5SX | Detached | £362,500 | 15 Jan 2026 |
37, ST AUGUSTINE ROAD, GRIFFITHSTOWN NP4 5EZ | Detached | £310,000 | 14 Jan 2026 |
164, PARC PANTEG, GRIFFITHSTOWN NP4 5YN | Detached | £350,000 | 9 Jan 2026 |
30, LONGHOUSE BARN, PENPERLLENI NP4 0AX | Detached | £445,000 | 9 Jan 2026 |
42A, NEWTOWN ROAD, PENPERLLENI NP4 0AW |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.