Feb 07, 2023 by HM

House prices in Llwydcoed (CF44 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Llwydcoed (CF44 0).

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Price per square metre

Knowing the average house price in Llwydcoed 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. 17, Miners Row, Llwydcoed, Aberdare, sold for £170,000 on Oct-2023. Given the internal area of 72 square metres, the price per sqm is £2,361.

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. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 180 sales in Llwydcoed (CF44 0) 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 Llwydcoed (CF44 0). Of the 180 transactions, half were sold for between £1,610 and £2,630 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,630m². 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 'CF44 0' is £2,150. The table below shows how 'CF44 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF44 0 Llwydcoed	£1,610m2	£2,150m2	£2,630m2
CF44 9 Hirwaun	£1,180m2	£1,710m2	£2,340m2
CF44 7 Aberdare	£1,050m2	£1,410m2	£1,670m2
CF44 8 Cwmdare	£1,260m2	£1,620m2	£2,070m2
CF44 6 Cwmaman	£1,060m2	£1,340m2	£1,670m2

Will Llwydcoed 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 CF44 0 (Llwydcoed). 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 CF44 0 and the blue dots are the individual property sales that inform this trend.

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

Price map for Llwydcoed

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 Llwydcoed. 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 Llwydcoed

Street level data

Street	Avg size	Avg £/m2	Recent sales
Glas Y Gors, Llwydcoed, CF44 0B	98m2	£1,939	19
Tir Founder Fields, Llwydcoed, CF44 0D	93m2	£1,820	14
Tan Y Bryn Gardens, Llwydcoed, CF44 0T	122m2	£2,465	14
Heol Y Deri, Llwydcoed, CF44 0B	101m2	£2,353	12
Maes Y Ffion, Llwydcoed, CF44 0A	110m2	£2,499	11
Greenways, Llwydcoed, CF44 0G	98m2	£2,495	11
Coniston Rise, Llwydcoed, CF44 0H	80m2	£2,508	11
Ynyscynon Street, Llwydcoed, CF44 0P	86m2	£1,352	11

Search for your street here.

Raw data

Our analysis of Llwydcoed 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
17, Miners Row, Llwydcoed, Aberdare	£170,000 Oct-2023	72	2,361
20, Phillip Row, Llwydcoed, Aberdare	£56,000 Sep-2023	64	875
6, Cefnpennar Rd, Llwydcoed, Aberdare	£110,500 Aug-2023	63	1,753

See the entire list of all sales in Llwydcoed (CF44 0) here.