House prices in CF62 3 (Rhoose)

This article reveals price per square metre data and various charts to help you understand current housing market in Rhoose, Barry (CF62 3).


Defining 'CF62 3'

This analysis is limited to properties whose postcode starts with "CF62 3", 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 Rhoose.

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 Rhoose 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. 3, Torbay Terrace, Rhoose, Barry, sold for £222,500 on Mar-2024. Given the internal area of 89 square metres, the price per sqm is £2,500.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 153 sales in Rhoose (CF62 3) that took place in the last two years.

Distribution of £ per sqm for Rhoose, Barry
Distribution of £ per sqm house prices in Rhoose

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 Rhoose (CF62 3). Of the 153 transactions, half were sold for between £2,700 and £3,540 per square metre. The median, or 'middle', price per square metre in 'CF62 3' is £3,120. Notably, only 25% of properties that sold recently were valued at more than £3,540 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 Rhoose, Barry

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 Barry. 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 Rhoose
House price heatmap for Rhoose, Barry

Comparison with neighbouring postcode sectors

The table below shows how 'CF62 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF62 6 Barry £2,370 sqm £2,910 sqm £3,480 sqm
CF62 5 Barry £2,730 sqm £3,160 sqm £3,560 sqm
CF62 4 St Athan £1,810 sqm £2,310 sqm £2,670 sqm
CF62 8 Barry £2,040 sqm £2,770 sqm £3,320 sqm
CF62 3 Rhoose £2,700 sqm £3,120 sqm £3,540 sqm
CF62 7 Barry £1,880 sqm £2,340 sqm £3,190 sqm
CF62 9 Barry £2,340 sqm £2,720 sqm £3,140 sqm

Will Barry 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 CF62 3 (Rhoose) compared with both the wider area CF62 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 Rhoose,Barry
House price trends for Rhoose

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 CF62 3 sales
Recent trends for Rhoose

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 Barry 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 Barry 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
Fonmon Park Road, Rhoose, CF62 3B 83 sqm £2,684 20
Picton Road, Rhoose, CF62 3H 76 sqm £3,315 15
Rhoose Way, Rhoose, CF62 3F 103 sqm £2,984 15
Llanmead Gardens, Rhoose, CF62 3H 83 sqm £3,006 13
Murlande Way, Rhoose, CF62 3H 66 sqm £3,002 13
Fontygary Road, Rhoose, CF62 3D 142 sqm £2,417 12
Cilgant Y Meillion, Rhoose, CF62 3L 120 sqm £2,780 12
Heol Y Sianel, Rhoose, CF62 3N 106 sqm £2,839 12

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Railway Road, Rhoose, CF62 3F 99 sqm £2,793 10

Railway Road, Rhoose, CF62 3F has seen 10 new build sales in the last 4 years (average price £260,961). These new build homes typically have an internal area of 99 sqm, with an average price of £2,793 sqm. This £sqm average is £-327 below the average for CF62 3. New builds typically command a £ per sqm premium. In the case of Railway Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Rhoose 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
3, Torbay Terrace, Rhoose, Barry £222,500
Mar-2024
89 2,500
23, Cilgant Y Meillion, Rhoose, Barry £399,000
Mar-2024
135 2,955
46, The Wheate Close, Rhoose, Barry £220,000
Feb-2024
52 4,230

See the entire list of all sales in Rhoose (CF62 3) 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.