Feb 07, 2023 by HM

House prices in Treorchy (CF42 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Treorchy (CF42 6).


Price per square metre

Knowing the average house price in Treorchy 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. 51, Conway Road, Treorchy, Treherbert, sold for £147,000 on Sep-2023. Given the internal area of 86 square metres, the price per sqm is £1,709.

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. £1,350-£1,500, £1,500-£1,650, £1,650-£1,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 202 sales in Treorchy (CF42 6) that took place in the last two years.

Distribution of £ per sqm for Treorchy (CF42 6)
Distribution of £ per sqm house prices in Treorchy

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 Treorchy (CF42 6). Of the 202 transactions, half were sold for between £1,140 and £1,780 per square metre. Notably, only 25% of properties that sold recently were valued at more than £1,780m2. 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 'CF42 6' is £1,420. The table below shows how 'CF42 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF42 6 Treorchy £1,140m2 £1,420m2 £1,780m2
CF42 5 Treherbert £910m2 £1,210m2 £1,480m2

Will Treorchy 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 CF42 6 (Treorchy). 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 CF42 6 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Treorchy (CF42 6) over time
House price trends for Treorchy

Hover on any blue dot to see details of specific sales

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

Price map for Treorchy

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 Treorchy. 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 Treorchy
House price heatmap for Treorchy

Street level data

Street Avg size Avg £/m2 Recent sales
Ynyswen Road, Treorchy, CF42 6E 100m2 £1,196 31
Park Road, Treorchy, CF42 6L 79m2 £1,057 30
Dumfries Street, Treorchy, CF42 6T 87m2 £1,666 24
Tallis Street, Treorchy, CF42 6L 79m2 £969 23
High Street, Treorchy, CF42 6N 77m2 £1,321 22
Conway Road, Treorchy, CF42 6U 98m2 £1,262 19
Prospect Place, Treorchy, CF42 6R 82m2 £1,204 15
Chepstow Road, Treorchy, CF42 6U 93m2 £1,313 14

Search for your street here.

Raw data

Our analysis of Treorchy 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
51, Conway Rd, Treorchy, Treherbert £147,000
Sep-2023
86 1,709
11, Tynybedw St, Treorchy, Treherbert £70,000
Sep-2023
68 1,029
81, High St, Treorchy, Treherbert £82,000
Sep-2023
57 1,438

See the entire list of all sales in Treorchy (CF42 6) 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.