Feb 07, 2023 by HM

House prices in Tonypandy (CF40 1)

This article reveals price per square metre data and various charts to help you understand current housing market in Tonypandy (CF40 1).

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Price per square metre

Knowing the average house price in Tonypandy 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. 128, Primrose Street, Tonypandy, sold for £110,000 on Aug-2023. Given the internal area of 70 square metres, the price per sqm is £1,571.

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 227 sales in Tonypandy (CF40 1) 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 Tonypandy (CF40 1). Of the 227 transactions, half were sold for between £1,090 and £1,680 per square metre. Notably, only 25% of properties that sold recently were valued at more than £1,680m². 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 'CF40 1' is £1,420. The table below shows how 'CF40 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF40 2 Tonypandy	£1,010m2	£1,270m2	£1,520m2
CF40 1 Tonypandy	£1,090m2	£1,420m2	£1,680m2

Will Tonypandy 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 CF40 1 (Tonypandy). 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 CF40 1 and the blue dots are the individual property sales that inform this trend.

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

Price map for Tonypandy

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 Tonypandy. 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 Tonypandy

Street level data

Street	Avg size	Avg £/m2	Recent sales
Primrose Street, Tonypandy, CF40 1B	84m2	£1,337	32
Kenry Street, Tonypandy, CF40 1D	89m2	£1,422	20
Amos Hill, Tonypandy, CF40 1P	89m2	£1,271	17
Penygraig Road, Tonypandy, CF40 1H	70m2	£1,089	16
Edmondstown Road, Tonypandy, CF40 1N	84m2	£1,187	16
Parc Gellifaelog, Tonypandy, CF40 1B	101m2	£2,202	11
Hendrecafn Road, Tonypandy, CF40 1L	93m2	£1,199	11
Hughes Street, Tonypandy, CF40 1L	96m2	£1,589	10

Search for your street here.

Raw data

Our analysis of Tonypandy 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
1, Holborn Terrace, Tonypandy	£88,500 Aug-2023	91	972
128, Primrose St, Tonypandy	£110,000 Aug-2023	70	1,571
89, Primrose St, Tonypandy	£198,000 Aug-2023	126	1,571

See the entire list of all sales in Tonypandy (CF40 1) here.