Feb 07, 2023 by HM

# House prices in Merthyr Tydfil (CF47 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Merthyr Tydfil (CF47 9).

## Defining 'CF47 9'

This analysis is limited to properties whose postcode starts with "CF47 9", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

## Price per square metre

Knowing the average house price in Merthyr Tydfil 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. 59, Sycamore Road, Merthyr Tydfil, sold for £81,500 on Jan-2024. Given the internal area of 71 square metres, the price per sqm is £1,147.

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 133 sales in Merthyr Tydfil (CF47 9) that took place in the last two years.

##### Distribution of £ per sqm for Merthyr Tydfil (CF47 9)
Distribution of £ per sqm 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 9). Of the 133 transactions, half were sold for between £1,100 and £1,770 per square metre. The median, or 'middle', price per square metre in 'CF47 9' is £1,450. Notably, only 25% of properties that sold recently were valued at more than £1,770m2. 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 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF47 8 Merthyr Tydfil £1,300m2 £1,600m2 £1,960m2
CF47 9 Merthyr Tydfil £1,100m2 £1,450m2 £1,770m2
CF47 0 Merthyr Tydfil £1,230m2 £1,510m2 £1,970m2

## 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 scatter plot below for CF47 9 (Merthyr Tydfil). 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 CF47 9 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Merthyr Tydfil (CF47 9) over time
House price trends for Merthyr Tydfil

Hover on any blue dot to see details of specific sales

Disclaimer: 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. 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 Merthyr Tydfil data or any other data I am given.

## Street level data

Street Avg size Avg £/m2 Recent sales
Church Street, Merthyr Tydfil, CF47 9H 70m2 £1,372 15
Heritage Court, Merthyr Tydfil, CF47 9A 73m2 £2,031 10
Brynhyfryd Street, Merthyr Tydfil, CF47 9Y 90m2 £1,346 10
North Street, Merthyr Tydfil, CF47 9H 75m2 £1,438 8
Gellifaelog Terrace, Merthyr Tydfil, CF47 9H 87m2 £1,207 8
Haydn Terrace, Merthyr Tydfil, CF47 9U 96m2 £1,258 8
Caerhendy Street, Merthyr Tydfil, CF47 9N 81m2 £1,261 8
Oak Road, Merthyr Tydfil, CF47 9N 75m2 £1,043 7

## 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.