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House Prices in CF34 House Prices in CF34 (Maesteg)

The average house price in CF34 (Maesteg) is £132,611 using HM Land Registry data.

The average property price increased by £39,422 (24.5%) over the last 5 years and increased by £7,899 (3.73%) over the last 12 months.

Over the last year, there were 174 residential property sales – a decrease of 58 transactions (-33.33%) 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 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,728 (-5%).

In Oct 24, there were 22 new estate agency instructions, 27 agreed home sales and 23 property price reductions.

Nearby Postcodes: CF31, CF32, CF33, CF35, CF36, CF39, CF40, CF41, CF42, CF44, CF71, SA11, SA12, SA13

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.

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 CF34 (Maesteg) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Greenfield Terrace, Llangynwyd, Maesteg, Bridgend, CF34 9TG£219,950£219,950£0002 May 202416 Aug 2024106 Days
16 Brown Street, Maesteg, Bridgend, CF34 0BN£110,000£105,000-£5,00010 May 202416 Aug 202498 Days
12 Humphreys Terrace, Maesteg, Bridgend, CF34 0SG£140,000£140,000£0004 Apr 202422 Jul 2024109 Days
2 Wesley Street, Maesteg, Bridgend, CF34 0PY£110,000£105,000-£5,00026 Jan 202416 Jul 2024172 Days
64 Chestnut Grove, Maesteg, Bridgend, CF34 0NT£115,000£110,000-£5,00002 Feb 202404 Jul 2024153 Days
84 Ystad Celyn, Maesteg, Bridgend, CF34 9LT£329,995£310,000-£19,99529 Jan 202401 Jul 2024154 Days
34 Ivor Street, Maesteg, Bridgend, CF34 9AH£150,000£147,000-£3,00028 Sep 202327 Jun 2024273 Days
6 Caerau Road, Maesteg, Bridgend, CF34 0PB£79,000£67,000-£12,00029 Dec 201627 Jun 20242737 Days
114 Mill View Estate, Maesteg, Bridgend, CF34 0DE£180,000£170,000-£10,00023 Nov 202321 Jun 2024211 Days
30 Meadow Street, Maesteg, Bridgend, CF34 9YP£120,000£115,000-£5,00027 Jan 202405 Jun 2024130 Days
14 Brookfield Road, Maesteg, Bridgend, CF34 0NJ£125,000£117,500-£7,50026 Dec 202331 May 2024157 Days
105 Castle Street, Maesteg, Bridgend, CF34 0AW£154,950£150,000-£4,95005 Sep 202329 May 2024267 Days
172 Bridgend Road, Maesteg, Bridgend, CF34 0NB£125,000£122,500-£2,50023 Feb 202424 May 202491 Days
47 Alma Road, Maesteg, Bridgend, CF34 9AN£120,000£120,000£0029 Sep 202321 May 2024235 Days
1 Nant Yr Crynwydd, Maesteg, Bridgend, CF34 9ER£200,000£198,000-£2,00026 Dec 202310 May 2024136 Days
1 Homfray Street, Maesteg, Bridgend, CF34 0HW£104,995£95,000-£9,99506 Feb 202409 May 202493 Days
23 Celtic Road, Maesteg, Bridgend, CF34 0YJ£140,000£136,000-£4,00024 Jan 202403 May 2024100 Days
1 Temple Street, Maesteg, Bridgend, CF34 9YY£115,000£105,000-£10,00008 Nov 202319 Apr 2024163 Days
8 Port Terrace, Maesteg, Bridgend, CF34 9EW£165,000£162,500-£2,50006 Jan 202415 Apr 2024100 Days
34 George Street, Maesteg, Bridgend, CF34 0UU£70,000£69,000-£1,00009 Nov 202315 Apr 2024158 Days

Most Expensive Streets in CF34 (Maesteg)

PostcodeStreetAreaAverageNo. of Sales
CF34 9NJLlynfi CourtMaesteg£390,0005
CF34 9PFVicarage TerraceMaesteg£349,0003
CF34 0EHLlangynwydMaesteg£348,5004
CF34 9LDMaesteg RoadMaesteg£319,0005
CF34 9DQCwrt Coed ParcMaesteg£285,0003
CF34 9PLNeath RoadMaesteg£267,1663
CF34 9LSBryn CelynMaesteg£265,0004
CF34 9LTYstad CelynMaesteg£259,58312
CF34 9EENeath RoadMaesteg£239,8754
CF34 9PBBrynmawr PlaceMaesteg£237,6663

Least Expensive Streets in CF34 (Maesteg)

PostcodeStreetAreaAverageNo. of Sales
CF34 9EJBethania StreetMaesteg£59,8663
CF34 0PBCaerau RoadMaesteg£61,5086
CF34 0BGUnion StreetMaesteg£69,7504
CF34 0RYTonna RoadMaesteg£70,7506
CF34 0SBTonna RoadMaesteg£71,3333
CF34 0PRCaerau RoadMaesteg£71,4505
CF34 0PWBrynglas TerraceMaesteg£73,3333
CF34 9HALlwydarth CottagesMaesteg£74,0003
CF34 0BWHigh Street, NantyffyllonMaesteg£74,3333
CF34 0BLJohn StreetMaesteg£75,8336

Explore CF34 (Maesteg) using map

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