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).


Defining 'CF62 5'

This analysis is limited to properties whose postcode starts with "CF62 5", 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 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. 11, Clos Y Rheilffordd, Barry, sold for £230,000 on Feb-2024. Given the internal area of 69 square metres, the price per sqm is £3,333.

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. £2,350-£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 148 sales in Barry (CF62 5) that took place in the last two years.

Distribution of £ per sqm for Barry (CF62 5)
Distribution of £ per sqm house prices in Barry

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 Barry (CF62 5). Of the 148 transactions, half were sold for between £2,700 and £3,530 per square metre. The median, or 'middle', price per square metre in 'CF62 5' is £3,130. Notably, only 25% of properties that sold recently were valued at more than £3,530m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for 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 Barry
House price heatmap for Barry

Comparison with neighbouring postcode sectors

The table below shows how 'CF62 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF62 6 Barry £2,370m2 £2,910m2 £3,460m2
CF62 4 St Athan £1,820m2 £2,340m2 £2,670m2
CF62 8 Barry £1,980m2 £2,720m2 £3,220m2
CF62 5 Barry £2,700m2 £3,130m2 £3,530m2
CF62 3 Rhoose £2,790m2 £3,140m2 £3,540m2
CF62 7 Barry £1,970m2 £2,350m2 £3,190m2
CF62 9 Barry £2,370m2 £2,700m2 £3,140m2

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.

Price per square metre in Barry (CF62 5) over time
House price trends for Barry

Hover on any blue dot to see details of specific sales

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.

Street level data

Street Avg size Avg £/m2 Recent sales
Ffordd Penrhyn, Barry, CF62 5D 62m2 £2,944 26
Ffordd Y Mileniwm, Barry, CF62 5B 74m2 £2,748 25
Rhodfa Cambo, Barry, CF62 5B 77m2 £3,101 23
Portland Drive, Barry, CF62 5A 78m2 £3,138 18
Ffordd Y Dociau, Barry, CF62 5B 92m2 £2,549 18
Phyllis Street, Barry, CF62 5U 87m2 £1,873 15
Mariners Walk, Barry, CF62 5A 81m2 £2,692 14
Ffordd Pentre, Barry, CF62 5D 86m2 £3,193 11

Search for your street here.

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
11, Clos Y Rheilffordd, Barry £230,000
Feb-2024
69 3,333
Apartment 5 Paget House, 11, Paget Rd, Barry £145,000
Dec-2023
46 3,152
35, Haven Walk, Barry £295,000
Dec-2023
112 2,633

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

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.