House prices in CF46 6 (Nelson)

This article reveals price per square metre data and various charts to help you understand current housing market in Nelson (CF46 6).


Defining 'CF46 6'

This analysis is limited to properties whose postcode starts with "CF46 6", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Nelson.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Nelson 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, Woodland Place, Nelson, sold for £144,000 on Feb-2024. Given the internal area of 110 square metres, the price per sqm is £1,309.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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 184 sales in Nelson (CF46 6) that took place in the last two years.

Distribution of £ per sqm for Nelson
Distribution of £ per sqm house prices in Nelson

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.

The spread of prices will give you a feel of the typical range to expect in Nelson (CF46 6). Of the 184 transactions, half were sold for between £1,310 and £2,620 per square metre. The median, or 'middle', price per square metre in 'CF46 6' is £1,830. Notably, only 25% of properties that sold recently were valued at more than £2,620 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Nelson

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Nelson. 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.

Property price heatmap for Nelson
House price heatmap for Nelson

Comparison with neighbouring postcode sectors

The table below shows how 'CF46 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF46 6 Nelson £1,310 sqm £1,830 sqm £2,620 sqm
CF46 5 Treharris £1,360 sqm £1,700 sqm £2,170 sqm

Will Nelson 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 chart below for CF46 6 (Nelson) compared with both the wider area CF46 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Nelson,Nelson
House price trends for Nelson

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CF46 6 sales
Recent trends for Nelson

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Nelson to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Nelson 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.

Street level data

Street Avg size Avg £sqm Recent sales
High Street, Nelson, CF46 6A 87 sqm £1,434 17
Bryncelyn, Nelson, CF46 6H 91 sqm £1,696 15
Shingrig Road, Nelson, CF46 6D 87 sqm £1,819 12
Maen Gilfach, Nelson, CF46 6B 91 sqm £2,011 11
Dynevor Terrace, Nelson, CF46 6P 88 sqm £1,523 11
High Street, Nelson, CF46 6R 96 sqm £1,086 11
Shingrig Road, Nelson, CF46 6E 93 sqm £1,638 10
Ffos Y Cerridden, Nelson, CF46 6H 79 sqm £2,534 10

Search for your street here.

Raw data

Our analysis of Nelson 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 sqm £/sqm
17, Woodland Pl, Nelson £144,000
Feb-2024
110 1,309
1, Railway St, Nelson £132,500
Feb-2024
94 1,409
11, Heol Fawr, Nelson £100,000
Jan-2024
72 1,388

See the entire list of all sales in Nelson (CF46 6) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.