House Prices in CF31 House Prices in CF31 (Bridgend)

The average house price in CF31 (Bridgend) is £282,553 using HM Land Registry data.

The average property price increased by £73,789 (41.03%) over the last 5 years and increased by £14,785 (5.62%) over the last 12 months.

Over the last year, there were 457 residential property sales – a decrease of 228 transactions (-49.89%) relative to the previous year. The majority of house sales (122) were in the £178,000 - £226,000 range. Then came properties in the £130,000 - £178,000 range, where 94 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,552 (-3%).

In Oct 24, there were 95 new estate agency instructions, 85 agreed home sales and 52 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) - Oct 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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
19 St Marie Street, Bridgend, CF31 3EE£162,000£160,000-£2,00021 May 202422 Aug 202493 Days
1 Chaucer Close, Bridgend, CF31 4PZ£150,000£135,000-£15,00011 Jun 202420 Aug 202470 Days
3 St Thomas Close, Brackla, Bridgend, CF31 2BW£159,950£159,950£0006 May 202420 Aug 2024106 Days
18 Bron Hafod, Bridgend, CF31 5DL£165,000£160,000-£5,00003 May 202416 Aug 2024105 Days
157 Ffordd Y Parc, Bridgend, CF31 1RA£167,000£165,000-£2,00017 Feb 202416 Aug 2024181 Days
127b, Ewenny Road, Bridgend, CF31 3LN£330,000£330,000£0015 Feb 202415 Aug 2024182 Days
2 Clos Glas Y Dorlan, Brackla, Bridgend, CF31 2NY£339,950£336,500-£3,45016 May 202415 Aug 202491 Days
10 Heol Y Groes, Bridgend, CF31 1QE£299,999£296,000-£3,99926 Mar 202413 Aug 2024140 Days
21 Tremains Court, Brackla, Bridgend, CF31 2SR£254,950£254,950£0026 Mar 202409 Aug 2024136 Days
3 Westward Place, Bridgend, CF31 4XA£195,000£195,000£0025 Apr 202408 Aug 2024105 Days
38 Heol Y Bardd, Bridgend, CF31 4SS£342,000£332,000-£10,00026 Feb 202407 Aug 2024163 Days
16 Bryn Melys, Bridgend, CF31 5DN£327,000£320,000-£7,00019 Mar 202406 Aug 2024140 Days
34 Bowham Avenue, Bridgend, CF31 3PA£370,000£360,000-£10,00007 Mar 202402 Aug 2024148 Days
70 Llangewydd Road, Bridgend, CF31 4JX£159,950£156,000-£3,95004 Oct 202331 Jul 2024301 Days
21 Lewis Avenue, Bridgend, CF31 4JJ£195,000£192,000-£3,00025 Jan 202426 Jul 2024183 Days
11 Kipling Gardens, Bridgend, CF31 4SA£190,000£187,000-£3,00027 Mar 202426 Jul 2024121 Days
13 Priory Oak, Brackla, Bridgend, CF31 2HY£364,950£364,950£0016 Feb 202425 Jul 2024160 Days
27 Foxfields, Brackla, Bridgend, CF31 2JL£215,000£212,000-£3,00023 Apr 202424 Jul 202492 Days
45 Hunters Ridge, Brackla, Bridgend, CF31 2LH£220,000£216,500-£3,50028 Feb 202424 Jul 2024147 Days
2 Maes Tal Coed, Bridgend, CF31 5AS£299,995£299,995£0029 Feb 202422 Jul 2024144 Days

Most Expensive Streets in CF31 (Bridgend)

PostcodeStreetAreaAverageNo. of Sales
CF31 5BSCareg LlwydBridgend£569,1663
CF31 4DUPheasant Walk, Pen-y-faiBridgend£526,6663
CF31 4BFHealthy Close, Pen-y-faiBridgend£508,2504
CF31 4LSPen-y-faiBridgend£495,7336
CF31 5FQClos Y GolomenBridgend£475,0004
CF31 3PBNewbridge GardensBridgend£472,9086
CF31 3NYMerthyrmawr RoadBridgend£465,2438
CF31 3NRMerthyr Mawr RoadBridgend£456,4147
CF31 3YXLaurel Court, WatertonBridgend£445,4984
CF31 5ELNew CourtBridgend£435,6663

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£109,54910
CF31 1LBLlys GwynBridgend£110,0004

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