House prices in CF81 9 (Aberbargoed)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CF81 9' (Aberbargoed, Bargoed) - statistics were last calculated on 30 June 2024.


Defining 'CF81 9'

This analysis is limited to properties whose postcode starts with "CF81 9", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Aberbargoed.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Aberbargoed 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. 10, Pontlottyn Road, Aberbargoed, Bargoed, sold for £95,000 on Apr-2024. Given the internal area of 72 square metres, the price per sqm is £1,319.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 110 sales in Aberbargoed (CF81 9) that took place in the last two years.

Distribution of £ per sqm for Aberbargoed, Bargoed
Distribution of £ per sqm house prices in Aberbargoed

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 Aberbargoed (CF81 9). Of the 110 transactions, half were sold for between £1,290 and £1,880 per square metre. The median, or 'middle', price per square metre in 'CF81 9' is £1,520. Notably, only 25% of properties that sold recently were valued at more than £1,880 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Aberbargoed, Bargoed

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 Bargoed. 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 Aberbargoed
House price heatmap for Aberbargoed, Bargoed

Comparison with neighbouring postcode sectors

The table below shows how 'CF81 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF81 9 Aberbargoed £1,290 sqm £1,520 sqm £1,880 sqm
CF81 8 Bargoed £1,320 sqm £1,590 sqm £1,780 sqm

Will Bargoed 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 chart below for CF81 9 (Aberbargoed) compared with both the wider area CF81 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Aberbargoed,Bargoed
House price trends for Aberbargoed

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CF81 9 sales
Recent trends for Aberbargoed

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Bargoed to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Bargoed 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.

Street level data

Street Avg size Avg £sqm Recent sales
Bailey Street, Aberbargoed, CF81 9H 85 sqm £1,410 15
Elm Street, Aberbargoed, CF81 9F 80 sqm £1,353 11
Church Street, Aberbargoed, CF81 9F 81 sqm £1,291 9
Edmund Street, Aberbargoed, CF81 9R 82 sqm £1,264 9
New Road, Aberbargoed, CF81 9G 86 sqm £1,130 8
Bedwellty Road, Aberbargoed, CF81 9A 86 sqm £1,415 8
Pidwelt Rise, Aberbargoed, CF81 9Q 61 sqm £1,949 8
Marsh Court, Aberbargoed, CF81 9B 91 sqm £2,434 7

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Beech Avenue, Aberbargoed, CF81 9E 98 sqm £2,237 21

Beech Avenue, Aberbargoed, CF81 9E has seen 21 new build sales in the last 4 years (average price £217,093). These new build homes typically have an internal area of 98 sqm, with an average price of £2,237 sqm. This £sqm average is £717 above the average for CF81 9. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Aberbargoed 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 sqm £/sqm
10, Pontlottyn Rd, Aberbargoed, Bargoed £95,000
Apr-2024
72 1,319
39, Marsh Court, Aberbargoed, Bargoed £267,500
Apr-2024
108 2,476
56, Church St, Aberbargoed, Bargoed £82,500
Jan-2024
81 1,018

See the entire list of all sales in Aberbargoed (CF81 9) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.