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).


Defining 'CF31 2'

This analysis is limited to properties whose postcode starts with "CF31 2", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

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. 43, Maes Talcen, Brackla, Bridgend, sold for £317,000 on Feb-2024. Given the internal area of 103 square metres, the price per sqm is £3,077.

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 277 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.

The spread of prices will give you a feel of the typical range to expect in Brackla (CF31 2). Of the 277 transactions, half were sold for between £2,410 and £2,950 per square metre. The median, or 'middle', price per square metre in 'CF31 2' is £2,700. Notably, only 25% of properties that sold recently were valued at more than £2,950m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Brackla

Do have a look at the interactive price map I created. 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.

Property price heatmap for Brackla
House price heatmap for Brackla

Comparison with neighbouring postcode sectors

The table below shows how 'CF31 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF31 3 Waterton £2,050m2 £2,530m2 £2,960m2
CF31 1 Bridgend £1,880m2 £2,250m2 £2,710m2
CF31 2 Brackla £2,410m2 £2,700m2 £2,950m2
CF31 4 Pen-Y-Fai £2,040m2 £2,440m2 £2,840m2
CF31 5 Broadlands £2,700m2 £2,970m2 £3,190m2

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.

Street level data

Street Avg size Avg £/m2 Recent sales
Ffordd Cadfan, Brackla, CF31 2D 77m2 £2,597 52
Hazeldene Avenue, Brackla, CF31 2J 54m2 £2,360 30
Highfields, Brackla, CF31 2P 79m2 £2,560 29
Ty Gwyn Drive, Brackla, CF31 2Q 73m2 £2,674 27
Bishopswood, Brackla, CF31 2L 63m2 £2,678 20
Maple Drive, Brackla, CF31 2P 74m2 £2,612 19
St Michaels Way, Brackla, CF31 2B 82m2 £2,462 17
The Spinney, Brackla, CF31 2J 79m2 £2,272 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
43, Maes Talcen, Brackla, Bridgend £317,000
Feb-2024
103 3,077
112, Ty Gwyn Drive, Brackla, Bridgend £195,000
Feb-2024
66 2,954
74, Ffordd Cadfan, Brackla, Bridgend £220,000
Feb-2024
71 3,098

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.