# House prices in CF47 0 (Merthyr Tydfil)

This article reveals price per square foot data and various charts to help you understand current housing market in Merthyr Tydfil (CF47 0).

## Defining 'CF47 0'

This analysis is limited to properties whose postcode starts with "CF47 0", 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 Merthyr Tydfil.

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 foot

Knowing the average house price in Merthyr Tydfil is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 17, Railway Terrace, Merthyr Tydfil, sold for £110,000 on Mar-2024. Given the internal area of 753 square feet, the price per sqft is £145.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £176-£185, £185-£195, £195-£204 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 177 sales in Merthyr Tydfil (CF47 0) that took place in the last two years.

##### Distribution of £ per sqft for Merthyr Tydfil
Distribution of £ per sqft house prices in Merthyr Tydfil

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 Merthyr Tydfil (CF47 0). Of the 177 transactions, half were sold for between £114 and £179 per square foot. The median, or 'middle', price per square foot in 'CF47 0' is £137. Notably, only 25% of properties that sold recently were valued at more than £179 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Merthyr Tydfil

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 Merthyr Tydfil. 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.

House price heatmap for Merthyr Tydfil

## Comparison with neighbouring postcode sectors

The table below shows how 'CF47 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF47 0 Merthyr Tydfil £114 sqft £137 sqft £179 sqft
CF47 8 Merthyr Tydfil £120 sqft £148 sqft £183 sqft
CF47 9 Merthyr Tydfil £102 sqft £135 sqft £167 sqft

## Will Merthyr Tydfil 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 CF47 0 (Merthyr Tydfil) compared with both the wider area CF47 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 foot in Merthyr Tydfil,Merthyr Tydfil
House price trends for Merthyr Tydfil

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 CF47 0 sales
Recent trends for Merthyr Tydfil

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 Merthyr Tydfil 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 Merthyr Tydfil 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 £sqft Recent sales
Gilfach Cynon, Merthyr Tydfil, CF47 0P 753 sqft £137 20
Clos Cwm Golau, Merthyr Tydfil, CF47 0J 742 sqft £167 12
Cwrt Bevan, Merthyr Tydfil, CF47 0A 0 sqft £244 12
Trevethick Street, Merthyr Tydfil, CF47 0H 861 sqft £111 11
Darren View, Merthyr Tydfil, CF47 0H 828 sqft £123 10
Mary Street, Merthyr Tydfil, CF47 0P 796 sqft £97 9
Ernest Street, Merthyr Tydfil, CF47 0Y 0 sqft £122 9
Glynmil Close, Merthyr Tydfil, CF47 0G 0 sqft £238 8

## Raw data

Our analysis of Merthyr Tydfil 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.