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Pencoed House Prices Pencoed House Prices

The average house price in Pencoed is £133,000 using HM Land Registry data.

The average property price increased by £76,929 (45.36%) over the last 5 years and increased by £15,375 (6.65%) over the last 12 months.

Over the last year, there were 81 residential property sales – a decrease of 42 transactions (-51.85%) relative to the previous year. The majority of house sales (20) were in the £210,000 - £250,000 range. Then came properties in the £170,000 - £210,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 40 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,756 (-2%).

In April 2024, there were 21 new estate agency instructions, 7 agreed home sales and 6 property price reductions.

Postcodes Covered: CF35

5-Year Average Property Prices in Pencoed

45.36%

Property prices in Pencoed increased by 45.36% 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 Pencoed Over the Last Year

6.65%

Property prices in Pencoed increased by 6.65% 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 Pencoed - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Pencoed

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 Pencoed

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 Pencoed

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 Pencoed since 1995

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

Recent Property Sales in Pencoed

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
28 Wimborne Road, Pencoed, Bridgend, CF35 6SG£239,950£230,000-£9,95031 Aug 202326 Feb 2024179 Days
18 Pant Hendre, Pencoed, Bridgend, CF35 6LN£350,000£345,000-£5,00023 Aug 202319 Feb 2024180 Days
98 Heol Croesty, Pencoed, Bridgend, CF35 5LT£220,000£218,000-£2,00001 Sep 202313 Feb 2024165 Days
23b, Gelli Aur, Pencoed, Bridgend, CF35 6JQ£239,995£230,000-£9,99502 Sep 202325 Jan 2024145 Days
22 Heol Maes Yr Haf, Pencoed, Bridgend, CF35 5PJ£134,950£133,000-£1,95001 Sep 202304 Dec 202394 Days
61 Heol Las, Pencoed, Bridgend, CF35 6YN£230,000£225,000-£5,00013 Jun 202324 Nov 2023164 Days
10 Coychurch Road, Pencoed, Bridgend, CF35 5NG£250,000£250,000£0008 Jul 202317 Nov 2023132 Days
1 Deri Cochion, Pencoed, Bridgend, CF35 6LH£410,000£410,000£0006 Oct 202210 Nov 2023400 Days
10 Tent Vale, Pencoed, Bridgend, CF35 6LR£240,000£233,000-£7,00020 Jun 202310 Nov 2023143 Days
91 Woodstock Gardens, Pencoed, Bridgend, CF35 6ST£425,000£400,000-£25,00006 Mar 202307 Nov 2023246 Days
3 Bryn Pobydd, Pencoed, Bridgend, CF35 6SN£325,000£325,000£0022 Feb 202320 Oct 2023240 Days
46 Beechwood Grove, Pencoed, Bridgend, CF35 6SU£435,000£427,000-£8,00002 Jun 202319 Oct 2023139 Days
29 Woodstock Gardens, Pencoed, Bridgend, CF35 6ST£309,950£298,000-£11,95012 May 202318 Oct 2023159 Days
3 Glyn Y Mel, Pencoed, Bridgend, CF35 6YA£200,000£200,000£0009 May 202318 Oct 2023162 Days
10 Pant Hirgoed, Pencoed, Bridgend, CF35 6YD£123,000£121,000-£2,00027 Sep 202316 Oct 202319 Days
6 Glan Yr Afon Road, Pencoed, Bridgend, CF35 5PR£230,000£220,000-£10,00030 May 202302 Oct 2023125 Days
6 Heol Ewenny, Pencoed, Bridgend, CF35 5QA£150,000£145,000-£5,00025 Jul 202322 Sep 202359 Days
9a, Pant Hirgoed, Pencoed, Bridgend, CF35 6YD£140,000£132,000-£8,00023 Feb 202331 Aug 2023189 Days
3 Llwyn Bedw, Pencoed, Bridgend, CF35 6TH£225,000£225,000£0026 May 202330 Aug 202396 Days
1 Verland Way, Pencoed, Bridgend, CF35 6TY£220,000£212,500-£7,50004 May 202323 Aug 2023111 Days

Most Expensive Streets in Pencoed

PostcodeStreetAreaAverageNo. of Sales
CF35 5PBFelindre RoadPencoed£373,0005
CF35 6SUBeechwood GrovePencoed£363,0628
CF35 6PWYstrad WaunPencoed£361,4005
CF35 6LHDeri CochionPencoed£347,3333
CF35 6PZGerddi Ty BrynPencoed£327,7504
CF35 5LQHeol Y DolauPencoed£321,6663
CF35 6SEMinffrwd ClosePencoed£312,4874
CF35 6YYMaes Y Deri ClosePencoed£295,0003
CF35 5LLSt Mary ClosePencoed£291,2504
CF35 6SDMinffrwd RoadPencoed£284,1666

Least Expensive Streets in Pencoed

PostcodeStreetAreaAverageNo. of Sales
CF35 5PFHeol Yr OnnenPencoed£99,9874
CF35 5PHCae GlasPencoed£111,6663
CF35 5PGDol AfonPencoed£124,1333
CF35 6YHErw IfanPencoed£128,3663
CF35 6UTHeol FachPencoed£132,5004
CF35 6YDPant HirgoedPencoed£133,0005
CF35 5QAHeol EwennyPencoed£136,0004
CF35 5PAHeol PantruthinPencoed£142,6663
CF35 6RSDol WenPencoed£143,3003
CF35 6SRWimbourne CrescentPencoed£148,0005

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