House Prices in CF31 House Prices in CF31 (Bridgend)

The average house price in CF31 (Bridgend) is £254,093 using HM Land Registry data.

The average property price increased by £71,705 (41.03%) over the last 5 years and increased by £14,367 (5.62%) over the last 12 months.

Over the last year, there were 522 residential property sales – a decrease of 118 transactions (-22.61%) relative to the previous year. The majority of house sales (136) were in the £178,000 - £226,000 range. Then came properties in the £130,000 - £178,000 range, where 98 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 124 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,273 (-3%).

In Dec 24, there were 47 new estate agency instructions, 59 agreed home sales and 19 property price reductions.

5-Year Average Property Prices in CF31 (Bridgend)

41.03%

Property prices in Bridgend increased by 41.03% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CF31 (Bridgend) Over the Last Year

5.62%

Property prices in Bridgend increased by 5.62% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CF31 (Bridgend) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CF31 (Bridgend)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CF31 (Bridgend)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CF31 (Bridgend)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CF31 (Bridgend) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CF31 postcode area since 1995.

Recent Sales in CF31 (Bridgend)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 Banc Gelli Las, Bridgend, CF31 5DH£205,000£202,500-£2,50007 May 202425 Nov 2024202 Days
38 Heol Castell Coety, Bridgend, CF31 1PU£285,000£285,000£0014 Aug 202422 Nov 2024100 Days
Nest Bungalow, Court Colman Road, Pen-y-fai, Bridgend, CF31 4NF£675,000£655,000-£20,00011 Mar 202419 Nov 2024253 Days
31 Hunters Ridge, Brackla, Bridgend, CF31 2LH£167,995£167,995£0027 Jun 202418 Nov 2024144 Days
237 Longacres, Bridgend, CF31 2DH£229,950£225,000-£4,95017 Jul 202415 Nov 2024121 Days
35 Honeysuckle Way, Brackla, Bridgend, CF31 2NT£360,000£352,500-£7,50023 May 202415 Nov 2024176 Days
46 Treharne Drive, Pen-y-fai, Bridgend, CF31 4NT£210,000£195,000-£15,00009 May 202413 Nov 2024188 Days
12 Bryn Golau, Bridgend, CF31 4DD£220,000£220,000£0012 Aug 202411 Nov 202491 Days
35 Lowland Close, Bridgend, CF31 5BU£180,000£175,000-£5,00027 Apr 202408 Nov 2024195 Days
4 Wyndham Crescent, Bridgend, CF31 3DN£199,950£180,000-£19,95020 Aug 202408 Nov 202480 Days
12 Underwood Place, Brackla, Bridgend, CF31 2LR£210,000£197,000-£13,00004 Apr 202401 Nov 2024211 Days
51 Wyndham Crescent, Bridgend, CF31 3DW£375,000£365,000-£10,00010 May 202401 Nov 2024175 Days
33 Fox Hollows, Brackla, Bridgend, CF31 2NF£167,500£167,500£0013 Sep 202431 Oct 202448 Days
154 Ty Gwyn Drive, Brackla, Bridgend, CF31 2QJ£235,000£230,000-£5,00003 Aug 202430 Oct 202488 Days
33 Angelton Green, Pen-y-fai, Bridgend, CF31 4LQ£259,500£257,000-£2,50028 Jun 202429 Oct 2024123 Days
31 Bishopswood, Brackla, Bridgend, CF31 2LW£219,995£210,000-£9,99513 Feb 202429 Oct 2024259 Days
104 Quarella Road, Bridgend, CF31 1JT£190,000£186,000-£4,00002 Jul 202425 Oct 2024115 Days
92 Chantal Avenue, Pen-y-fai, Bridgend, CF31 4NW£325,000£312,500-£12,50022 May 202425 Oct 2024156 Days
31 Greenfields Avenue, Bridgend, CF31 4SR£239,995£237,500-£2,49522 May 202425 Oct 2024156 Days
57 Longfellow Drive, Bridgend, CF31 4PP£250,000£250,000£0022 Mar 202425 Oct 2024217 Days

Most Expensive Streets in CF31 (Bridgend)

PostcodeStreetAreaAverageNo. of Sales
CF31 4DTCwrt Pen Y Fai, Pen-y-faiBridgend£593,3333
CF31 5BSCareg LlwydBridgend£569,1663
CF31 4BFHealthy Close, Pen-y-faiBridgend£544,3333
CF31 4LSPen-y-faiBridgend£528,4857
CF31 4DUPheasant Walk, Pen-y-faiBridgend£526,6663
CF31 5FQClos Y GolomenBridgend£475,0004
CF31 3PBNewbridge GardensBridgend£472,9086
CF31 3NSMerthyr Mawr RoadBridgend£467,9913
CF31 3NRMerthyr Mawr RoadBridgend£467,4916
CF31 3NYMerthyrmawr RoadBridgend£459,69410

Least Expensive Streets in CF31 (Bridgend)

PostcodeStreetAreaAverageNo. of Sales
CF31 1RZTremgarthBridgend£77,5003
CF31 4JQMill House Flats, MillfieldBridgend£83,7504
CF31 1RJGlanffornwgBridgend£95,6663
CF31 1SWTairfelinBridgend£96,6254
CF31 1YYMaes-y-felinBridgend£97,3333
CF31 2DLCaer Castell House, Coychurch RoadBridgend£98,8577
CF31 2LXBishopswood, BracklaBridgend£102,5003
CF31 1GWBrook CourtBridgend£106,1124
CF31 2JWHazeldene Avenue, BracklaBridgend£107,2779
CF31 1LBLlys GwynBridgend£110,0004

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