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Abercynon House Prices Abercynon House Prices

The average house price in Abercynon is £242,000 using HM Land Registry data.

The average property price increased by £75,350 (85.55%) over the last 5 years and increased by £15,060 (10.15%) over the last 12 months.

Over the last year, there were 37 residential property sales – a decrease of 38 transactions (-102.70%) relative to the previous year. The majority of house sales (12) were in the £106,000 - £142,000 range. Then came properties in the £142,000 - £178,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,694 (-5%).

In April 2024, there were 11 new estate agency instructions, 13 agreed home sales and 8 property price reductions.

Neighbouring Areas: Mountain Ash

Postcodes Covered: CF45

5-Year Average Property Prices in Abercynon

85.55%

Property prices in Abercynon increased by 85.55% 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 Abercynon Over the Last Year

10.15%

Property prices in Abercynon increased by 10.15% 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 Abercynon - April 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 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 Abercynon

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 Abercynon

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 Abercynon

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 Abercynon since 1995

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

Recent Property Sales in Abercynon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
238 Abercynon Road, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4LU£110,000£100,000-£10,00025 Aug 202303 Nov 202370 Days
102 Bryntirion, Ynysboeth, Mountain Ash, Rhondda Cynon Taff, CF45 4EX£80,000£80,000£0016 Aug 202303 Nov 202379 Days
103 Pentwyn Avenue, Mountain Ash, Rhondda Cynon Taff, CF45 4YE£65,000£65,000£0018 Sep 202313 Oct 202325 Days
Pen-yr-heol, Greenfield Terrace, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4TN£275,000£275,000£0030 Sep 202212 Oct 2023377 Days
41 Jenkin Street, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4UL£128,500£125,000-£3,50007 Jul 202329 Sep 202384 Days
7 Mountain Ash Road, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4PU£130,000£124,500-£5,50013 Jun 202308 Sep 202387 Days
The Old Schoolhouse, Salisbury Road, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4NU£400,000£400,000£0023 Nov 202210 Aug 2023260 Days
22 Herbert Street, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4RH£145,000£136,000-£9,00022 Sep 202209 Jun 2023260 Days
29 Caemaen Street, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4LP£110,000£110,000£0006 Mar 202326 May 202381 Days
1 Park View, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4TP£115,000£110,000-£5,00014 Sep 202217 Mar 2023184 Days
31 Bassett Street, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4SP£135,000£132,000-£3,00027 Jul 202202 Mar 2023218 Days
89 Mountain Ash Road, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4PR£150,000£150,000£0005 Sep 202217 Feb 2023165 Days
91 Mountain Ash Road, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4PR£120,000£110,000-£10,00031 Oct 202225 Jan 202386 Days
89 Abercynon Road, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4NE£75,000£75,000£0025 Oct 202214 Dec 202250 Days
69 Abercynon Road, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4NG£129,000£129,000£0015 Sep 202205 Dec 202281 Days
80 Avondale Street, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4AJ£90,000£75,000-£15,00003 Aug 202202 Dec 2022121 Days
86 Cardiff Road, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4PN£129,995£115,000-£14,99505 Sep 202225 Nov 202281 Days
9 Pontcynon Terrace, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4NA£129,950£127,500-£2,45024 Aug 202223 Nov 202291 Days
6 Mountain Ash Road, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4PU£180,000£170,000-£10,00030 Jun 202218 Nov 2022141 Days
99 Avondale Street, Abercynon, Mountain Ash, Rhondda Cynon Taff, CF45 4AJ£120,000£110,000-£10,00012 Jul 202218 Nov 2022129 Days

Most Expensive Streets in Abercynon

PostcodeStreetAreaAverageNo. of Sales
CF45 4PPGrovers FieldAbercynon£283,9005
CF45 4TXThe BeechesAbercynon£281,6663
CF45 4NUSalisbury RoadAbercynon£276,3333
CF45 4PQGrovers FieldAbercynon£245,7504
CF45 4PEPen Parc ViewAbercynon£243,1003
CF45 4ELGoitre Coed IsafAbercynon£204,1663
CF45 4UHLock StreetAbercynon£184,1663
CF45 4UBSpringfield DriveAbercynon£183,3163
CF45 4TYArgyle StreetAbercynon£173,8333
CF45 4PSPlantation RoadAbercynon£154,1503

Least Expensive Streets in Abercynon

PostcodeStreetAreaAverageNo. of Sales
CF45 4YEPentwyn AvenueMountain Ash£61,04417
CF45 4BXMain RoadAbercynon£61,4833
CF45 4YFPentwyn AvenueMountain Ash£62,1586
CF45 4EXBryntirionYnysboeth£72,8995
CF45 4YYAvondale StreetAbercynon£76,8624
CF45 4YSWalsh StreetMountain Ash£77,3313
CF45 4LUAbercynon RoadAbercynon£82,0007
CF45 4LPCaemaen StreetAbercynon£83,0004
CF45 4YUAvondale StreetAbercynon£92,4705
CF45 4SPBassett StreetAbercynon£93,6506

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