Bridgend House Prices Bridgend House Prices

The average house price in Bridgend is £214,691 using HM Land Registry data.

The average property price increased by £78,770 (44.4%) over the last 5 years and increased by £15,743 (6.55%) over the last 12 months.

Over the last year, there were 541 residential property sales – a decrease of 389 transactions (-71.90%) relative to the previous year. The majority of house sales (118) were in the £176,000 - £222,000 range. Then came properties in the £222,000 - £268,000 range, where 114 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,062 (-2%).

In April 2024, there were 98 new estate agency instructions, 94 agreed home sales and 51 property price reductions.

5-Year Average Property Prices in Bridgend

44.4%

Property prices in Bridgend increased by 44.4% 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 Bridgend Over the Last Year

6.55%

Property prices in Bridgend increased by 6.55% 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 Bridgend - 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 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 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 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 Bridgend since 1995

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

Recent Property Sales in Bridgend

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Coychurch Road Gardens, Bridgend, CF31 3AS£190,000£185,000-£5,00025 Dec 202305 Mar 202471 Days
101 Ty Gwyn Drive, Brackla, Bridgend, CF31 2QG£199,999£192,500-£7,49902 Nov 202305 Mar 2024124 Days
169 Merlin Crescent, Bridgend, CF31 4QL£200,000£190,000-£10,00029 Sep 202304 Mar 2024157 Days
25 Priory Gardens, Bridgend, CF31 3LB£210,000£210,000£0015 Dec 202301 Mar 202477 Days
43 Maes Talcen, Brackla, Bridgend, CF31 2LG£330,000£317,000-£13,00021 Nov 202323 Feb 202494 Days
64 Parkfields Road, Bridgend, CF31 4BJ£300,000£300,000£0009 Sep 202322 Feb 2024166 Days
24 Haywain Court, Bridgend, CF31 2ED£145,000£143,000-£2,00027 Dec 202319 Feb 202454 Days
112 Ty Gwyn Drive, Brackla, Bridgend, CF31 2QH£199,995£195,000-£4,99506 Dec 202316 Feb 202472 Days
108 Maes Talcen, Brackla, Bridgend, CF31 2LQ£259,950£250,000-£9,95023 Jun 202316 Feb 2024238 Days
33 Priory Oak, Brackla, Bridgend, CF31 2HY£389,950£362,000-£27,95025 Sep 202309 Feb 2024137 Days
21 Castle View, Bridgend, CF31 1HL£245,000£237,000-£8,00011 Aug 202302 Feb 2024175 Days
2 Penybanc, Bridgend, CF31 1TP£189,950£185,000-£4,95020 Jun 202302 Feb 2024227 Days
67 The Chase, Brackla, Bridgend, CF31 2JJ£245,000£245,000£0021 Nov 202331 Jan 202471 Days
46 Kensington Drive, Bridgend, CF31 4QS£134,950£130,000-£4,95013 Jun 201731 Jan 20242423 Days
12 Bryn Deri, Bridgend, CF31 4EN£165,000£163,000-£2,00015 Aug 202331 Jan 2024169 Days
68 Maes Dewi Pritchard, Brackla, Bridgend, CF31 2ET£109,950£109,950£0004 Sep 202326 Jan 2024144 Days
116 Ty Gwyn Drive, Brackla, Bridgend, CF31 2QH£179,995£172,000-£7,99512 Sep 202318 Jan 2024128 Days
8 Cheltenham Terrace, Bridgend, CF31 3AH£190,000£190,000£0023 Jun 202317 Jan 2024208 Days
11 Austin Avenue, Bridgend, CF31 1ND£159,995£159,995£0001 Sep 202317 Jan 2024138 Days
21 Bishopswood, Brackla, Bridgend, CF31 2LU£160,000£154,000-£6,00011 Aug 202317 Jan 2024159 Days

Most Expensive Streets in Bridgend

PostcodeStreetAreaAverageNo. of Sales
CF31 5BSCareg LlwydBridgend£569,1663
CF35 5DHTreoesBridgend£506,2506
CF31 5FQClos Y GolomenBridgend£468,3333
CF31 3PBNewbridge GardensBridgend£467,9166
CF31 3NRMerthyr Mawr RoadBridgend£459,6758
CF31 3NYMerthyrmawr RoadBridgend£449,1059
CF31 3YXLaurel CourtWaterton£435,3995
CF35 6BHHeol West PlasCoity£422,2005
CF31 3PDBowham AvenueBridgend£421,0003
CF31 3YEWaterton CloseWaterton£409,2857

Least Expensive Streets in Bridgend

PostcodeStreetAreaAverageNo. of Sales
CF31 1RZTremgarthBridgend£77,5003
CF31 4JQMill House FlatsMillfield£83,7504
CF31 1SWTairfelinBridgend£90,5004
CF31 1RJGlanffornwgBridgend£95,6663
CF31 1YXMaes Y FelinBridgend£96,1663
CF31 1SLTairfelinBridgend£97,8333
CF31 2DLCaer Castell HouseCoychurch Road£101,6005
CF31 2LXBishopswoodBrackla£102,5003
CF31 2JWHazeldene AvenueBrackla£108,31711
CF31 1LBLlys GwynBridgend£110,0004

Explore Bridgend and Neighbouring Area House Prices