Feb 07, 2023 by HM

House prices in Brackla (CF31 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Brackla (CF31 2).


Price per square metre

Knowing the average house price in Brackla is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 125, Ty Gwyn Drive, Brackla, Bridgend, sold for £180,000 on Aug-2023. Given the internal area of 67 square metres, the price per sqm is £2,686.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 276 sales in Brackla (CF31 2) that took place in the last two years.

Distribution of £ per sqm for Brackla (CF31 2)
Distribution of £ per sqm house prices in Brackla

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Brackla (CF31 2). Of the 276 transactions, half were sold for between £2,360 and £2,930 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,930m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CF31 2' is £2,680. The table below shows how 'CF31 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF31 3 Waterton £2,160m2 £2,520m2 £2,950m2
CF31 1 Bridgend £1,840m2 £2,260m2 £2,670m2
CF31 2 Brackla £2,360m2 £2,680m2 £2,930m2
CF31 4 Pen-Y-Fai £2,040m2 £2,430m2 £2,810m2
CF31 5 Broadlands £2,680m2 £2,910m2 £3,150m2

Will Brackla house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for CF31 2 (Brackla). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CF31 2 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Brackla (CF31 2) over time
House price trends for Brackla

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Brackla and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Brackla data or any other data I am given.

Price map for Brackla

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Brackla. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

Property price heatmap for Brackla
House price heatmap for Brackla

Street level data

Street Avg size Avg £/m2 Recent sales
Ffordd Cadfan, Brackla, CF31 2D 77m2 £2,431 69
Hazeldene Avenue, Brackla, CF31 2J 54m2 £2,208 30
Ty Gwyn Drive, Brackla, CF31 2Q 73m2 £2,467 29
Highfields, Brackla, CF31 2P 79m2 £2,525 28
Maple Drive, Brackla, CF31 2P 74m2 £2,579 20
Tremains Court, Brackla, CF31 2S 80m2 £2,703 18
St Michaels Way, Brackla, CF31 2B 82m2 £2,462 17
Bishopswood, Brackla, CF31 2L 63m2 £2,688 17

Search for your street here.

Raw data

Our analysis of Brackla is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
125, Ty Gwyn Drive, Brackla, Bridgend £180,000
Aug-2023
67 2,686
13, Badgers Brook, Brackla, Bridgend £215,000
Aug-2023
88 2,443
78, The Woodlands, Brackla, Bridgend £215,000
Aug-2023
67 3,208

See the entire list of all sales in Brackla (CF31 2) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.