Feb 07, 2023 by HM

House prices in Barry (CF62 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Barry (CF62 5).

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Price per square metre

Knowing the average house price in Barry 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. 16, Heol Gylfinir, Barry, sold for £315,000 on Sep-2023. Given the internal area of 102 square metres, the price per sqm is £3,088.

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. £2,900-£3,000, £3,000-£3,100, £3,100-£3,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 164 sales in Barry (CF62 5) 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 Barry (CF62 5). Of the 164 transactions, half were sold for between £2,550 and £3,470 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,470m². 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 'CF62 5' is £3,050. The table below shows how 'CF62 5' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF62 8 Barry	£1,950m2	£2,510m2	£3,260m2
CF62 5 Barry	£2,550m2	£3,050m2	£3,470m2
CF62 6 Barry	£2,260m2	£2,770m2	£3,440m2
CF62 4 St Athan	£1,760m2	£2,310m2	£2,720m2
CF62 3 Rhoose	£2,710m2	£3,110m2	£3,480m2
CF62 7 Barry	£1,920m2	£2,330m2	£3,200m2
CF62 9 Barry	£2,350m2	£2,670m2	£3,110m2

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 scatter plot below for CF62 5 (Barry). 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 CF62 5 and the blue dots are the individual property sales that inform this trend.

Disclaimer: 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. 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 Barry data or any other data I am given.

Price map for Barry

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 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. I will explain more about the methodology and create a key next week.

House price heatmap for Barry

Street level data

Street	Avg size	Avg £/m2	Recent sales
Rhodfa Cambo, Barry, CF62 5B	78m2	£3,070	26
Ffordd Y Mileniwm, Barry, CF62 5B	74m2	£2,744	23
Phyllis Street, Barry, CF62 5U	87m2	£1,781	19
Mariners Walk, Barry, CF62 5A	81m2	£2,734	19
Portland Drive, Barry, CF62 5A	78m2	£2,796	18
Neptune Road, Barry, CF62 5B	67m2	£2,576	15
Clive Road, Barry, CF62 5U	84m2	£2,053	14
Clos Yr Wylan, Barry, CF62 5D	105m2	£3,426	10

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Ffordd Pentre, Barry, CF62 5D	85m2	£2,658	37
Ffordd Penrhyn, Barry, CF62 5D	63m2	£2,670	9
Ffordd Y Dociau, Barry, CF62 5D	64m2	£2,757	31
Ffordd Y Dociau, Barry, CF62 5B	92m2	£2,516	9

Ffordd Pentre, Barry, CF62 5D has seen 37 new build sales in the last 4 years (average price £220,376). These new build homes typically have an internal area of 85 m2, with an average price of £2,658 m2. This £sqm average is £-392 below the average for CF62 5. New builds typically command a £ per sqm premium. In the case of Ffordd Pentre 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 Barry 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
16, Heol Gylfinir, Barry	£315,000 Sep-2023	102	3,088
12, Rhodfa Cambo, Barry	£235,000 Aug-2023	66	3,560
51, Rhodfa Cambo, Barry	£360,000 Aug-2023	108	3,333

See the entire list of all sales in Barry (CF62 5) here.