Feb 07, 2023 by HM

# House prices in Cowbridge (CF71 7)

## Defining 'CF71 7'

This analysis is limited to properties whose postcode starts with "CF71 7", 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 Cowbridge 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. 7, Dunraven Close, Cowbridge, sold for £710,000 on Jan-2024. Given the internal area of 180 square metres, the price per sqm is £3,944.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 171 sales in Cowbridge (CF71 7) that took place in the last two years.

##### Distribution of £ per sqm for Cowbridge (CF71 7)
Distribution of £ per sqm house prices in Cowbridge

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 Cowbridge (CF71 7). Of the 171 transactions, half were sold for between £3,220 and £4,370 per square metre. The median, or 'middle', price per square metre in 'CF71 7' is £3,760. Notably, only 25% of properties that sold recently were valued at more than £4,370m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Cowbridge

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 Cowbridge. 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 Cowbridge

## Comparison with neighbouring postcode sectors

The table below shows how 'CF71 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF71 7 Cowbridge £3,220m2 £3,760m2 £4,370m2

## Will Cowbridge 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 CF71 7 (Cowbridge). 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 CF71 7 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Cowbridge (CF71 7) over time
House price trends for Cowbridge

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Cowbridge 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 Cowbridge data or any other data I am given.

## Street level data

Street Avg size Avg £/m2 Recent sales
Millfield Drive, Cowbridge, CF71 7B 86m2 £3,277 13
Heol Cae Pwll, Cowbridge, CF71 7P 123m2 £3,569 12
St James Road, Cowbridge, CF71 7Q 121m2 £3,026 11
Geraints Way, Cowbridge, CF71 7A 108m2 £2,900 11
Hillside Drive, Cowbridge, CF71 7E 107m2 £3,067 10
Broadway, Cowbridge, CF71 7E 141m2 £3,905 9
Cae Ffynnon, Cowbridge, CF71 7F 110m2 £3,543 9
Tair Onen, Cowbridge, CF71 7U 170m2 £3,420 8

## New build activity

Street Avg size Avg £/m2 New build sales
Westgate, Cowbridge, CF71 7F 60m2 £5,857 18

Westgate, Cowbridge, CF71 7F has seen 18 new build sales in the last 4 years (average price £314,407). These new build homes typically have an internal area of 60 m2, with an average price of £5,857 m2. This £sqm average is £2097 above the average for CF71 7. New builds typically command a £ per sqm premium so this is normal.

## Raw data

Our analysis of Cowbridge 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.