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Maesteg House Prices Maesteg House Prices

The average house price in Maesteg is £194,433 using HM Land Registry data.

The average property price increased by £43,790 (42.77%) over the last 5 years and increased by £8,752 (6.37%) over the last 12 months.

Over the last year, there were 193 residential property sales – a decrease of 35 transactions (-18.13%) 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 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 110 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,728 (-5%).

In April 2024, there were 30 new estate agency instructions, 21 agreed home sales and 8 property price reductions.

Postcodes Covered: CF34

5-Year Average Property Prices in Maesteg

42.77%

Property prices in Maesteg increased by 42.77% 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 Maesteg Over the Last Year

6.37%

Property prices in Maesteg increased by 6.37% 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 Maesteg - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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 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 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 Maesteg since 1995

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

Recent Property Sales in Maesteg

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
43 Treharne Road, Maesteg, Bridgend, CF34 0PS£75,000£70,000-£5,00028 Nov 202309 Feb 202473 Days
12 Tonna Road, Maesteg, Bridgend, CF34 0RY£75,000£45,000-£30,00023 Jan 202005 Feb 20241474 Days
11 Hermon Road, Maesteg, Bridgend, CF34 0SU£145,000£145,000£0011 Oct 202301 Feb 2024113 Days
4 Rose Park, Maesteg, Bridgend, CF34 9GX£395,000£388,000-£7,00010 May 202320 Dec 2023224 Days
14 Duffryn Road, Maesteg, Bridgend, CF34 0SS£110,000£105,000-£5,00023 Mar 202219 Dec 2023636 Days
12 Lloyd Street, Maesteg, Bridgend, CF34 0RA£110,000£103,600-£6,40029 Aug 202306 Dec 202399 Days
The Old Vicarage, Vicarage Terrace, Maesteg, Bridgend, CF34 9PF£585,000£585,000£0026 Jul 202330 Nov 2023127 Days
30 Garnwen Road, Maesteg, Bridgend, CF34 0EY£139,995£129,999-£9,99601 Aug 202329 Nov 2023120 Days
22 Garth Avenue, Maesteg, Bridgend, CF34 0UJ£159,950£155,000-£4,95008 Aug 202323 Nov 2023107 Days
16 Brodawel, Maesteg, Bridgend, CF34 0LL£210,000£210,000£0022 Apr 202310 Nov 2023202 Days
252 Bridgend Road, Maesteg, Bridgend, CF34 0NN£155,000£155,000£0005 Jul 202310 Nov 2023128 Days
13 Zoar Avenue, Maesteg, Bridgend, CF34 9UT£120,000£120,000£0018 Oct 202209 Nov 2023387 Days
39 High Street, Nantyffyllon, Maesteg, Bridgend, CF34 0BS£79,995£79,995£0009 Jun 202303 Nov 2023147 Days
13 Victoria Street, Maesteg, Bridgend, CF34 0YP£122,000£122,000£0017 Jul 202327 Oct 2023102 Days
23 Macgregor Row, Maesteg, Bridgend, CF34 0AP£91,995£88,000-£3,99503 Jul 202326 Oct 2023115 Days
23 Garnwen Terrace, Maesteg, Bridgend, CF34 0ET£170,000£170,000£0013 Jul 202325 Oct 2023104 Days
37 Chestnut Grove, Maesteg, Bridgend, CF34 0NT£99,995£95,000-£4,99528 Jun 202324 Oct 2023118 Days
99 Bridgend Road, Maesteg, Bridgend, CF34 0NB£100,000£98,000-£2,00028 Jun 202320 Oct 2023114 Days
86 Tonna Road, Maesteg, Bridgend, CF34 0RU£95,000£92,000-£3,00030 Jun 202320 Oct 2023112 Days
14 George Street, Maesteg, Bridgend, CF34 0UU£115,000£115,000£0004 Jul 202318 Oct 2023106 Days

Most Expensive Streets in Maesteg

PostcodeStreetAreaAverageNo. of Sales
CF34 9NJLlynfi CourtMaesteg£390,0005
CF34 9LDMaesteg RoadMaesteg£319,0005
CF34 9DQCwrt Coed ParcMaesteg£269,3313
CF34 9LTYstad CelynMaesteg£255,00011
CF34 9LSBryn CelynMaesteg£240,0003
CF34 9EENeath RoadMaesteg£239,8754
CF34 9PBBrynmawr PlaceMaesteg£237,6663
CF34 9AWAlma RoadMaesteg£233,4449
CF34 9EGSalisbury RoadMaesteg£219,9378
CF34 9GAHeol Neuadd DomosMaesteg£217,3336

Least Expensive Streets in Maesteg

PostcodeStreetAreaAverageNo. of Sales
CF34 9UBOakwoodMaesteg£56,6663
CF34 9EJBethania StreetMaesteg£59,8663
CF34 0PBCaerau RoadMaesteg£62,3416
CF34 0PDCaerau RoadMaesteg£69,5009
CF34 0HTBarnardo StreetMaesteg£69,8874
CF34 0RYTonna RoadMaesteg£70,7506
CF34 0SBTonna RoadMaesteg£71,3333
CF34 0PRCaerau RoadMaesteg£71,4505
CF34 0BGUnion StreetMaesteg£71,5006
CF34 0PWBrynglas TerraceMaesteg£73,3333

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