Feb 07, 2023 by HM

House prices in Miskin (CF72 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Miskin (CF72 8).

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Price per square metre

Knowing the average house price in Miskin 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. 28, The Drive, Miskin, Llanharan, sold for £775,000 on Sep-2023. Given the internal area of 289 square metres, the price per sqm is £2,681.

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 234 sales in Miskin (CF72 8) 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 Miskin (CF72 8). Of the 234 transactions, half were sold for between £2,590 and £3,530 per square metre. 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.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CF72 8' is £2,970. The table below shows how 'CF72 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF72 9 Llanharan	£2,290m2	£2,780m2	£3,170m2
CF72 8 Miskin	£2,590m2	£2,970m2	£3,530m2

Will Miskin 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 CF72 8 (Miskin). 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 CF72 8 and the blue dots are the individual property sales that inform this trend.

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

Price map for Miskin

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 Miskin. 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 Miskin

Street level data

Street	Avg size	Avg £/m2	Recent sales
Clos Springfield, Miskin, CF72 8F	78m2	£2,288	22
Tudor Mews, Miskin, CF72 8S	70m2	£2,912	14
Dol Y Llan, Miskin, CF72 8R	81m2	£3,106	13
Dan Caerlan, Miskin, CF72 8H	88m2	£1,647	12
Lanelay Road, Miskin, CF72 8H	110m2	£2,110	12
Highdale Close, Miskin, CF72 8Q	85m2	£2,491	11
Pen Bryn Hendy, Miskin, CF72 8Q	60m2	£3,242	11
Southgate Avenue, Miskin, CF72 8D	75m2	£2,969	11

Search for your street here.

Raw data

Our analysis of Miskin 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
28, The Drive, Miskin, Llanharan	£775,000 Sep-2023	289	2,681
16, Tudor Mews, Miskin, Llanharan	£205,000 Sep-2023	58	3,534
33, Newbridge Rd, Miskin, Llanharan	£187,000 Aug-2023	60	3,116

See the entire list of all sales in Miskin (CF72 8) here.