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House Prices in CF34

The average house price in CF34 (Maesteg) is £147,000 using HM Land Registry data.

The average property price increased by £45,712 (24.5%) over the last 5 years and increased by £9,138 (3.73%) over the last 12 months.

Over the last year, there were 191 residential property sales – a decrease of 60 transactions (-31.41%) relative to the previous year. The majority of house sales (67) were in the £104,000 - £138,000 range. Then came properties in the £70,000 - £104,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 21 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,728 (-5%).

In June 2024, there were 27 new estate agency instructions, 20 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in CF34 (Maesteg)

24.5%

Property prices in Maesteg increased by 24.5% 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 CF34 (Maesteg) Over the Last Year

3.73%

Property prices in Maesteg increased by 3.73% 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.

Property Market Heat Gauge for CF34 (Maesteg) - June 2024

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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 CF34 (Maesteg)

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 CF34 (Maesteg)

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 CF34 (Maesteg)

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 CF34 (Maesteg) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CF34 postcode area since 1995.

Recent Sales in CF34 (Maesteg)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Homfray Street, Maesteg, Bridgend, CF34 0HW	£104,995	£95,000	-£9,995	06 Feb 2024	09 May 2024	93 Days
23 Celtic Road, Maesteg, Bridgend, CF34 0YJ	£140,000	£136,000	-£4,000	24 Jan 2024	03 May 2024	100 Days
8 Port Terrace, Maesteg, Bridgend, CF34 9EW	£165,000	£162,500	-£2,500	06 Jan 2024	15 Apr 2024	100 Days
34 George Street, Maesteg, Bridgend, CF34 0UU	£70,000	£69,000	-£1,000	09 Nov 2023	15 Apr 2024	158 Days
61 Cwrt Coed Parc, Maesteg, Bridgend, CF34 9DQ	£295,000	£295,000	£00	07 Dec 2023	12 Apr 2024	127 Days
31a, Gelli Street, Maesteg, Bridgend, CF34 0RN	£100,000	£70,000	-£30,000	12 May 2023	28 Mar 2024	321 Days
39 Llan Road, Llangynwyd, Maesteg, Bridgend, CF34 9TD	£150,000	£133,000	-£17,000	24 Oct 2023	18 Mar 2024	146 Days
4 Alfred Street, Maesteg, Bridgend, CF34 9YW	£110,000	£102,000	-£8,000	04 Aug 2023	15 Mar 2024	224 Days
5 Heol Dyfed, Garth, Maesteg, Bridgend, CF34 0PJ	£110,000	£105,000	-£5,000	12 May 2023	15 Mar 2024	308 Days
47 West Street, Maesteg, Bridgend, CF34 9AF	£130,000	£130,000	£00	01 Nov 2023	01 Mar 2024	121 Days
18 Llynfi Road, Maesteg, Bridgend, CF34 9DS	£140,000	£139,000	-£1,000	04 Oct 2023	27 Feb 2024	146 Days
20 Bryn Celyn, Maesteg, Bridgend, CF34 9LS	£350,000	£340,000	-£10,000	02 Oct 2023	21 Feb 2024	142 Days
43 Treharne Road, Maesteg, Bridgend, CF34 0PS	£75,000	£70,000	-£5,000	28 Nov 2023	09 Feb 2024	73 Days
12 Tonna Road, Maesteg, Bridgend, CF34 0RY	£75,000	£45,000	-£30,000	23 Jan 2020	05 Feb 2024	1474 Days
11 Hermon Road, Maesteg, Bridgend, CF34 0SU	£145,000	£145,000	£00	11 Oct 2023	01 Feb 2024	113 Days
11 Garnwen Terrace, Maesteg, Bridgend, CF34 0ET	£120,000	£112,000	-£8,000	26 Aug 2023	08 Jan 2024	135 Days
4 Rose Park, Maesteg, Bridgend, CF34 9GX	£395,000	£388,000	-£7,000	10 May 2023	20 Dec 2023	224 Days
18a, Yr Ysfa, Maesteg, Bridgend, CF34 9AG	£265,000	£256,000	-£9,000	12 May 2023	20 Dec 2023	222 Days
14 Duffryn Road, Maesteg, Bridgend, CF34 0SS	£110,000	£105,000	-£5,000	23 Mar 2022	19 Dec 2023	636 Days
174 Bridgend Road, Maesteg, Bridgend, CF34 0NB	£115,000	£110,000	-£5,000	09 Aug 2023	18 Dec 2023	131 Days

Most Expensive Streets in CF34 (Maesteg)

Postcode	Street	Area	Average	No. of Sales
CF34 9NJ	Llynfi Court	Maesteg	£390,000	5
CF34 0EH	Llangynwyd	Maesteg	£348,500	4
CF34 9LD	Maesteg Road	Maesteg	£319,000	5
CF34 9DQ	Cwrt Coed Parc	Maesteg	£276,248	4
CF34 9LS	Bryn Celyn	Maesteg	£265,000	4
CF34 9LT	Ystad Celyn	Maesteg	£255,000	11
CF34 9EE	Neath Road	Maesteg	£239,875	4
CF34 9PB	Brynmawr Place	Maesteg	£237,666	3
CF34 9AW	Alma Road	Maesteg	£233,444	9
CF34 9SN	Maesteg Road, Llangynwyd	Maesteg	£232,312	8

Least Expensive Streets in CF34 (Maesteg)

Postcode	Street	Area	Average	No. of Sales
CF34 9UB	Oakwood	Maesteg	£56,666	3
CF34 9EJ	Bethania Street	Maesteg	£59,866	3
CF34 0PB	Caerau Road	Maesteg	£62,341	6
CF34 0RY	Tonna Road	Maesteg	£70,750	6
CF34 0SB	Tonna Road	Maesteg	£71,333	3
CF34 0PR	Caerau Road	Maesteg	£71,450	5
CF34 0BG	Union Street	Maesteg	£71,800	5
CF34 0PW	Brynglas Terrace	Maesteg	£73,333	3
CF34 0BN	Brown Street	Maesteg	£73,850	10
CF34 9HA	Llwydarth Cottages	Maesteg	£74,000	3