Housing Market Analysis for PARK WAY, CF47 8RH

Are you looking to understand CF47 8RH house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Merthyr Tydfil postcode.

For the location information and nearby amenities in the CF47 8RH area, explore the CF47 8RH Area information page.
For comprehensive crime statistics in the CF47 8RH area, explore the CF47 8RH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CF47 8RH postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £155,000 median price is £155,000 Standard Deviation is £95,000 with Total Sold: 2
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 PARK WAY: £250,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is 1 PARK WAY: £60,000 (Sold on 23 Oct 1998)
  • Detached
    • The average price is around £210,000 median price is £210,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 PARK WAY: £210,000 (Sold on 17 Nov 2022)
    • The first recorded sale happened at this postcode is 2 PARK WAY: £210,000 (Sold on 17 Nov 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average CF47 8RH house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£250,000 £2,119 1
1998£60,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£210,0001

All the Sales in the PARK WAY, CF47 8RH

See the table below for more details on the sold house prices in the CF47 8RH, Merthyr Tydfil postcode.

AddressSold DatePrice% Change
1 PARK WAYSemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1967-197524 Mar 2023£250,000316.67%
23 Oct 1998£60,000First Sale
2 PARK WAYDetached, Freehold17 Nov 2022£210,000First Sale

Check out the sold house prices near the CF47 8RH postcode. Properties currently for saleProperties currently for rent

PARK WAY, CF47 8RH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CF47 8RH postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CF47 8RH postcode.

  • Terraced
    • The average price is around £66,969 median price is £59,950 Standard Deviation is £41,528 with Total Sold: 1,341
    • The Last 5 Year average price is £104,507 with Total Sold: 231
    • The most recent sale happened at this postcode is , 15 PARK ROW GARDENS: £72,500 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 TUDOR STREET: £32,000 (Sold on 13 Jan 1995)
  • Detached
    • The average price is around £186,603 median price is £169,500 Standard Deviation is £164,958 with Total Sold: 194
    • The Last 5 Year average price is £326,814 with Total Sold: 38
    • The most recent sale happened at this postcode is , 23 THE GROVE: £200,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 PENYDARREN PARK: £45,000 (Sold on 30 Jun 1995)
  • Semi-Detached
    • The average price is around £118,486 median price is £97,000 Standard Deviation is £73,061 with Total Sold: 427
    • The Last 5 Year average price is £198,411 with Total Sold: 80
    • The most recent sale happened at this postcode is , 20 LANCASTER VILLAS: £253,950 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 THE WALK: £42,000 (Sold on 09 Jan 1995)
  • Other
    • The average price is around £227,735 median price is £129,500 Standard Deviation is £507,758 with Total Sold: 84
    • The Last 5 Year average price is £264,932 with Total Sold: 52
    • The most recent sale happened at this postcode is , 28 VICTORIA STREET: £125,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is UNIT 3, 38 HEOL S O DAVIES: £5,000 (Sold on 21 Feb 2013)
  • Flat
    • The average price is around £52,625 median price is £53,250 Standard Deviation is £27,619 with Total Sold: 8
    • The Last 5 Year average price is £91,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 25 BRECON ROAD: £110,000 (Sold on 01 Sep 2023)
    • The first recorded sale happened at this postcode is , 14 PONTMORLAIS: £16,000 (Sold on 09 Apr 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£122,962 £838 13
2023£121,175 £1,482 36
2022£115,118 £1,397 48
2021£101,197 £1,203 48
2020£92,325 £1,091 32
2019£89,683 £1,113 54
2018£82,207 £913 41
2017£86,200 £985 47
2016£71,972 £892 41
2015£77,953 £876 44
2014£80,900 £879 46
2013£75,993 £884 36
2012£72,118 £798 25
2011£75,550 £969 19
2010£67,601 £789 38
2009£89,133 £857 23
2008£88,811 £897 33
2007£92,768 £996 54
2006£83,712 £994 51
2005£76,317 £879 57
2004£59,044 £662 59
2003£45,642 £550 68
2002£39,756 £442 58
2001£34,891 £378 57
2000£34,024 £394 61
1999£31,294 £308 56
1998£30,442 £332 56
1997£32,486 £333 60
1996£30,673 £320 52
1995£36,745 £320 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£247,5003
2023£268,850 £1,334 7
2022£358,125 £2,319 8
2021£292,188 £1,637 8
2020£722,500 £7,428 4
2019£212,750 £1,503 8
2018£211,286 £1,535 7
2017£217,900 £1,559 5
2016£212,071 £1,817 7
2015£156,833 £1,113 6
2014£174,163 £1,145 15
2013£169,125 £1,526 8
2012£236,000 £1,311 2
2011£260,312 £1,467 4
2010£150,000 £1,598 3
2009£157,500 £1,016 2
2008£252,222 £1,430 9
2007£235,0003
2006£221,000 £1,584 9
2005£178,500 £1,381 5
2004£151,700 £1,218 10
2003£112,617 £888 9
2002£89,552 £656 12
2001£76,833 £343 6
2000£78,643 £360 7
1999£92,1254
1998£76,2426
1997£76,578 £513 9
1996£80,333 £443 3
1995£63,000 £455 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,9884
2023£218,077 £1,830 13
2022£256,078 £2,015 18
2021£155,789 £1,496 19
2020£182,556 £1,452 9
2019£156,559 £1,437 17
2018£153,917 £1,336 12
2017£146,427 £1,237 19
2016£173,929 £1,392 7
2015£148,429 £1,221 14
2014£122,083 £1,169 21
2013£123,625 £1,102 12
2012£111,778 £748 9
2011£145,332 £1,017 6
2010£132,477 £1,328 5
2009£122,500 £1,096 10
2008£115,858 £1,040 12
2007£134,681 £1,257 16
2006£159,562 £1,283 16
2005£109,638 £997 19
2004£119,560 £874 15
2003£65,943 £580 22
2002£65,155 £638 21
2001£62,074 £605 19
2000£65,260 £504 15
1999£66,557 £431 9
1998£54,708 £644 26
1997£51,730 £464 15
1996£48,780 £334 10
1995£43,885 £365 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£117,5002
2023£176,111 £1,689 9
2022£151,9176
2021£669,944 £1,518 9
2020£219,62510
2019£176,200 £105 16
2018£157,000 £310 14
2017£191,786 £100 4
2016£46,7005
2015£288,6687
2014£129,0001
2013£5,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£110,000 £1,122 1
2019£72,0001
2017£56,500 £543 1
2016£57,000 £682 1
2012£50,000 £847 1
2004£28,000 £560 1
2003£31,500 £303 1
1998£16,000 £126 1

House Type in CF47 8RH area

The most common house types in the CF47 8RH postcode area are Detached (76), Semi-detached (25), and Terraced (11).

Total118
Detached76
Semi-detached25
Terraced11
Flat6
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (81), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright81
Owned: Owns with a mortgage or loan27
Social rented: Other social rented5
Private rented: Private landlord or letting agency3
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CF47 8RH have 1 person in household (45), and 2 people in household (41).

1 person in household45
2 people in household41
3 people in household14
4 people in household11
5 people in household4
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0