Feb 07, 2023 by HM

House prices in Barry (CF63 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Barry (CF63 2).

---

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. 18, Arthur Street, Barry, sold for £127,000 on Aug-2023. Given the internal area of 76 square metres, the price per sqm is £1,671.

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 108 sales in Barry (CF63 2) 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 (CF63 2). Of the 108 transactions, half were sold for between £1,730 and £2,660 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,660m². 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 'CF63 2' is £2,260. The table below shows how 'CF63 2' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF63 2 Barry	£1,730m2	£2,260m2	£2,660m2
CF63 3 Barry	£1,830m2	£2,040m2	£2,460m2
CF63 1 Barry	£1,830m2	£2,350m2	£2,990m2
CF63 4 Barry	£1,790m2	£2,110m2	£2,320m2

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 CF63 2 (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 CF63 2 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
Main Street, Barry, CF63 2H	86m2	£1,450	19
Harvey Street, Barry, CF63 2H	90m2	£1,684	18
Greenacres, Barry, CF63 2P	75m2	£2,652	18
Glenbrook Drive, Barry, CF63 2F	54m2	£2,463	12
Palmerston Road, Barry, CF63 2N	92m2	£1,749	10
Holmes Street, Barry, CF63 2J	90m2	£1,553	9
Dobbins Road, Barry, CF63 2N	93m2	£2,207	9
Arthur Street, Barry, CF63 2R	74m2	£2,398	9

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
18, Arthur St, Barry	£127,000 Aug-2023	76	1,671
1, Glenbrook Drive, Barry	£160,000 Aug-2023	64	2,500
10, Holmes St, Barry	£172,000 Aug-2023	81	2,123

See the entire list of all sales in Barry (CF63 2) here.