Feb 07, 2023 by HM

House prices in Ogmore By Sea (CF32 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Ogmore By Sea (CF32 0).

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Price per square metre

Knowing the average house price in Ogmore By Sea 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. Swn Y Don, Sutton Lane, Ogmore By Sea, Ogmore Vale, sold for £425,000 on Aug-2023. Given the internal area of 94 square metres, the price per sqm is £4,521.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 83 sales in Ogmore By Sea (CF32 0) that took place in the last two years.

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 Ogmore By Sea (CF32 0). Of the 83 transactions, half were sold for between £1,950 and £3,870 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,870m². 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 'CF32 0' is £2,950. The table below shows how 'CF32 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF32 7 Ogmore Vale	£1,150m2	£1,440m2	£1,690m2
CF32 8 Pontycymer	£1,000m2	£1,280m2	£1,530m2
CF32 9 Bryncethin	£1,740m2	£2,090m2	£2,590m2
CF32 0 Ogmore By Sea	£1,950m2	£2,950m2	£3,870m2

Will Ogmore By Sea 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 CF32 0 (Ogmore By Sea). 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 CF32 0 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Ogmore By Sea 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 Ogmore By Sea data or any other data I am given.

Price map for Ogmore By Sea

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 Ogmore By Sea. 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.

House price heatmap for Ogmore By Sea

Street level data

Street	Avg size	Avg £/m2	Recent sales
Crompton Way, Ogmore By Sea, CF32 0Q	119m2	£3,628	13
John Street, Ogmore By Sea, CF32 0A	90m2	£2,071	10
Main Road, Ogmore By Sea, CF32 0P	136m2	£3,514	9
Cefn Road, Ogmore By Sea, CF32 0B	93m2	£1,880	7
Cefn Road, Ogmore By Sea, CF32 0A	114m2	£1,868	6
Craig Yr Eos Avenue, Ogmore By Sea, CF32 0P	222m2	£2,834	5
Church Close, Ogmore By Sea, CF32 0P	117m2	£3,808	5
High Street, Ogmore By Sea, CF32 0H	101m2	£2,908	5

Search for your street here.

Raw data

Our analysis of Ogmore By Sea 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
Swn Y Don, Sutton Lane, Ogmore By Sea, Ogmore Vale	£425,000 Aug-2023	94	4,521
Windcliffe, , Ogmore By Sea, Ogmore Vale	£600,000 Aug-2023	154	3,896
23, Channel View, Ogmore By Sea, Ogmore Vale	£597,500 Jul-2023	168	3,556

See the entire list of all sales in Ogmore By Sea (CF32 0) here.