Feb 07, 2023 by HM

House prices in Abercynon (CF45 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Abercynon (CF45 4).

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Price per square metre

Knowing the average house price in Abercynon 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. 243, Abercynon Road, Abercynon, Mountain Ash, sold for £95,000 on Oct-2023. Given the internal area of 81 square metres, the price per sqm is £1,172.

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 201 sales in Abercynon (CF45 4) 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 Abercynon (CF45 4). Of the 201 transactions, half were sold for between £1,190 and £1,820 per square metre. Notably, only 25% of properties that sold recently were valued at more than £1,820m². 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 'CF45 4' is £1,500. The table below shows how 'CF45 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF45 4 Abercynon	£1,190m2	£1,500m2	£1,820m2
CF45 3 Mountain Ash	£910m2	£1,180m2	£1,480m2

Will Abercynon 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 CF45 4 (Abercynon). 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 CF45 4 and the blue dots are the individual property sales that inform this trend.

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

Price map for Abercynon

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 Abercynon. 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 Abercynon

Street level data

Street	Avg size	Avg £/m2	Recent sales
Phillip Street, Abercynon, CF45 4B	80m2	£1,191	20
Cardiff Road, Abercynon, CF45 4P	83m2	£1,084	17
Abercynon Road, Abercynon, CF45 4N	87m2	£1,309	16
Pentwyn Avenue, Abercynon, CF45 4Y	86m2	£825	16
Allen Street, Abercynon, CF45 4B	88m2	£1,515	14
Arnold Street, Abercynon, CF45 4L	80m2	£1,197	14
Greenfield Terrace, Abercynon, CF45 4T	103m2	£1,317	13
Strand Street, Abercynon, CF45 4H	66m2	£979	13

Search for your street here.

Raw data

Our analysis of Abercynon 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
243, Abercynon Rd, Abercynon, Mountain Ash	£95,000 Oct-2023	81	1,172
103, Pentwyn Avenue, Abercynon, Mountain Ash	£65,000 Oct-2023	98	663
21, Phillip St, Abercynon, Mountain Ash	£125,100 Oct-2023	64	1,954

See the entire list of all sales in Abercynon (CF45 4) here.