Feb 07, 2023 by HM

House prices in Pontypridd (CF37 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Pontypridd (CF37 4).


Price per square metre

Knowing the average house price in Pontypridd 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. 5, Richard Street, Pontypridd, sold for £140,000 on Sep-2023. Given the internal area of 71 square metres, the price per sqm is £1,971.

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 194 sales in Pontypridd (CF37 4) that took place in the last two years.

Distribution of £ per sqm for Pontypridd (CF37 4)
Distribution of £ per sqm house prices in Pontypridd

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 Pontypridd (CF37 4). Of the 194 transactions, half were sold for between £1,520 and £2,030 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,030m2. 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 'CF37 4' is £1,790. The table below shows how 'CF37 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF37 1 Pontypridd £1,330m2 £1,550m2 £1,810m2
CF37 2 Pontypridd £1,410m2 £1,740m2 £2,170m2
CF37 4 Pontypridd £1,520m2 £1,790m2 £2,030m2
CF37 5 Rhydyfelin £1,670m2 £2,120m2 £2,610m2
CF37 3 Ynysybwl £1,200m2 £1,580m2 £2,030m2

Will Pontypridd 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 CF37 4 (Pontypridd). 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 CF37 4 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Pontypridd (CF37 4) over time
House price trends for Pontypridd

Hover on any blue dot to see details of specific sales

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

Price map for Pontypridd

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 Pontypridd. 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 Pontypridd
House price heatmap for Pontypridd

Street level data

Street Avg size Avg £/m2 Recent sales
Pontshonnorton Road, Pontypridd, CF37 4N 79m2 £1,565 29
Merthyr Road, Pontypridd, CF37 4D 109m2 £1,591 25
Bonvilston Road, Pontypridd, CF37 4R 78m2 £1,687 24
Cilfynydd Road, Pontypridd, CF37 4N 91m2 £1,441 23
William Street, Pontypridd, CF37 4E 74m2 £1,514 20
Middle Street, Pontypridd, CF37 4P 78m2 £1,699 17
Ann Street, Pontypridd, CF37 4E 83m2 £1,515 15
Oakland Terrace, Pontypridd, CF37 4H 92m2 £1,466 13

Search for your street here.

Raw data

Our analysis of Pontypridd 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
5, Richard St, Pontypridd £140,000
Sep-2023
71 1,971
46, William St, Pontypridd £75,000
Sep-2023
73 1,027
6, Thurston Rd, Pontypridd £157,000
Aug-2023
96 1,635

See the entire list of all sales in Pontypridd (CF37 4) 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.