Feb 07, 2023 by HM

House prices in Porthcawl (CF36 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Porthcawl (CF36 3).


Defining 'CF36 3'

This analysis is limited to properties whose postcode starts with "CF36 3", 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 Porthcawl 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. 28, Rockfields, Porthcawl, sold for £262,500 on Feb-2024. Given the internal area of 93 square metres, the price per sqm is £2,822.

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. £3,350-£3,500, £3,500-£3,650, £3,650-£3,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 226 sales in Porthcawl (CF36 3) that took place in the last two years.

Distribution of £ per sqm for Porthcawl (CF36 3)
Distribution of £ per sqm house prices in Porthcawl

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 Porthcawl (CF36 3). Of the 226 transactions, half were sold for between £2,740 and £3,840 per square metre. The median, or 'middle', price per square metre in 'CF36 3' is £3,300. Notably, only 25% of properties that sold recently were valued at more than £3,840m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Porthcawl

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 Porthcawl. 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 Porthcawl
House price heatmap for Porthcawl

Comparison with neighbouring postcode sectors

The table below shows how 'CF36 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF36 3 Porthcawl £2,740m2 £3,300m2 £3,840m2
CF36 5 Porthcawl £2,640m2 £3,200m2 £3,750m2

Will Porthcawl 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 CF36 3 (Porthcawl). 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 CF36 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Porthcawl (CF36 3) over time
House price trends for Porthcawl

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
West End Avenue, Porthcawl, CF36 3N 97m2 £3,426 21
Victoria Avenue, Porthcawl, CF36 3H 149m2 £2,113 19
West Park Drive, Porthcawl, CF36 3R 88m2 £3,342 19
Fulmar Road, Porthcawl, CF36 3P 102m2 £2,769 18
Suffolk Place, Porthcawl, CF36 3E 101m2 £1,865 16
West Road, Porthcawl, CF36 3S 120m2 £3,117 14
Middleton Court, Porthcawl, CF36 3B 66m2 £3,505 13
Anglesey Way, Porthcawl, CF36 3Q 78m2 £3,792 12

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Rest Bay, Porthcawl, CF36 3U 89m2 £5,013 13

Rest Bay, Porthcawl, CF36 3U has seen 13 new build sales in the last 4 years (average price £434,180). These new build homes typically have an internal area of 89 m2, with an average price of £5,013 m2. This £sqm average is £1713 above the average for CF36 3. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Porthcawl 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
28, Rockfields, Porthcawl £262,500
Feb-2024
93 2,822
10, Rest Bay Close, Porthcawl £795,000
Feb-2024
219 3,630
60, West End Avenue, Porthcawl £341,000
Feb-2024
79 4,316

See the entire list of all sales in Porthcawl (CF36 3) 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.