Feb 07, 2023 by HM

House prices in Pontycymer (CF32 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Pontycymer (CF32 8).


Price per square metre

Knowing the average house price in Pontycymer 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. 183, Oxford Street, Pontycymer, Ogmore Vale, sold for £60,000 on Sep-2023. Given the internal area of 94 square metres, the price per sqm is £638.

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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 188 sales in Pontycymer (CF32 8) that took place in the last two years.

Distribution of £ per sqm for Pontycymer (CF32 8)
Distribution of £ per sqm house prices in Pontycymer

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 Pontycymer (CF32 8). Of the 188 transactions, half were sold for between £1,000 and £1,530 per square metre. Notably, only 25% of properties that sold recently were valued at more than £1,530m2. 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 8' is £1,280. The table below shows how 'CF32 8' 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 Pontycymer 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 8 (Pontycymer). 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 8 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Pontycymer (CF32 8) over time
House price trends for Pontycymer

Hover on any blue dot to see details of specific sales

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

Price map for Pontycymer

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 Pontycymer. 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 Pontycymer
House price heatmap for Pontycymer

Street level data

Street Avg size Avg £/m2 Recent sales
Oxford Street, Pontycymer, CF32 8D 86m2 £1,179 39
High Street, Pontycymer, CF32 8H 79m2 £1,031 18
King Edward Street, Pontycymer, CF32 8N 94m2 £1,049 15
Upper Adare Street, Pontycymer, CF32 8L 76m2 £896 15
Alexandra Road, Pontycymer, CF32 8H 89m2 £1,260 13
Albany Road, Pontycymer, CF32 8H 88m2 £1,231 11
Blaengarw Road, Pontycymer, CF32 8A 82m2 £982 11
James Road, Pontycymer, CF32 8B 77m2 £1,239 10

Search for your street here.

Raw data

Our analysis of Pontycymer 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
183, Oxford St, Pontycymer, Ogmore Vale £60,000
Sep-2023
94 638
19, Tymeinwr Avenue, Pontycymer, Ogmore Vale £130,000
Aug-2023
90 1,444
114, Victoria St, Pontycymer, Ogmore Vale £142,500
Aug-2023
106 1,344

See the entire list of all sales in Pontycymer (CF32 8) 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.