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Rhoose House Prices Rhoose House Prices

The average house price in Rhoose is £326,600 using HM Land Registry data.

The average property price increased by £96,421 (41.04%) over the last 5 years and increased by £19,270 (6.17%) over the last 12 months.

Over the last year, there were 60 residential property sales – a decrease of 33 transactions (-55.00%) relative to the previous year. The majority of house sales (13) were in the £180,000 - £224,000 range. Then came properties in the £356,000 - £400,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,843 (-2%).

In April 2024, there were 18 new estate agency instructions, 10 agreed home sales and 12 property price reductions.

Postcodes Covered: CF62

5-Year Average Property Prices in Rhoose

41.04%

Property prices in Rhoose increased by 41.04% 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 Rhoose Over the Last Year

6.17%

Property prices in Rhoose increased by 6.17% 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 Rhoose - 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 Rhoose

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 Rhoose

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 Rhoose

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 Rhoose since 1995

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

Recent Property Sales in Rhoose

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Torbay Terrace, Rhoose, Barry, The Vale Of Glamorgan, CF62 3HB£229,950£222,500-£7,45024 Aug 202311 Mar 2024200 Days
46 The Wheate Close, Rhoose, Barry, The Vale Of Glamorgan, CF62 3HH£225,000£220,000-£5,00015 Jul 202312 Feb 2024212 Days
35 Smeaton Close, Rhoose, Barry, The Vale Of Glamorgan, CF62 3FU£220,000£205,000-£15,00029 Sep 202326 Jan 2024119 Days
67 Murlande Way, Rhoose, Barry, The Vale Of Glamorgan, CF62 3HL£189,950£188,000-£1,95014 Sep 202315 Dec 202392 Days
17 Speedwell Drive, Rhoose, Barry, The Vale Of Glamorgan, CF62 3HS£425,000£417,000-£8,00013 Jun 202308 Dec 2023178 Days
38 Heol Pilipala, Rhoose, Barry, The Vale Of Glamorgan, CF62 3LP£299,950£275,000-£24,95024 Jun 202305 Dec 2023164 Days
6 Romilly Road, Rhoose, Barry, The Vale Of Glamorgan, CF62 3ES£149,950£145,000-£4,95013 Apr 202330 Nov 2023231 Days
110 Murlande Way, Rhoose, Barry, The Vale Of Glamorgan, CF62 3HN£220,000£210,000-£10,00005 Oct 202330 Nov 202356 Days
65 Fonmon Park Road, Rhoose, Barry, The Vale Of Glamorgan, CF62 3BG£299,500£285,000-£14,50016 May 202323 Nov 2023191 Days
54 Fonmon Park Road, Rhoose, Barry, The Vale Of Glamorgan, CF62 3BF£214,950£209,000-£5,95018 May 202302 Oct 2023137 Days
85b, Fontygary Road, Rhoose, Barry, The Vale Of Glamorgan, CF62 3DT£495,000£455,000-£40,00010 Mar 202329 Sep 2023203 Days
7 Rhodfar Mor, Rhoose, Barry, The Vale Of Glamorgan, CF62 3LE£575,000£556,000-£19,00004 Jan 202322 Sep 2023261 Days
6 Wesley Avenue, Rhoose, Barry, The Vale Of Glamorgan, CF62 3DX£340,000£340,000£0022 Apr 202315 Sep 2023146 Days
20 Castle Road, Rhoose, Barry, The Vale Of Glamorgan, CF62 3EU£280,000£280,000£0031 May 202314 Sep 2023106 Days
55 Llanmead Gardens, Rhoose, Barry, The Vale Of Glamorgan, CF62 3HX£345,000£336,000-£9,00016 Jan 202301 Sep 2023228 Days
40 Torbay Terrace, Rhoose, Barry, The Vale Of Glamorgan, CF62 3HA£149,950£137,500-£12,45010 Mar 202314 Aug 2023157 Days
5 Heol Pilipala, Rhoose, Barry, The Vale Of Glamorgan, CF62 3LP£365,000£362,500-£2,50007 Mar 202308 Aug 2023154 Days
2 Hearte Close, Rhoose, Barry, The Vale Of Glamorgan, CF62 3HW£195,000£190,000-£5,00010 Mar 202321 Jul 2023133 Days
14 St Johns Place, Rhoose, Barry, The Vale Of Glamorgan, CF62 3EB£415,000£395,000-£20,00020 Jan 202319 Jul 2023180 Days
46 Fontygary Road, Rhoose, Barry, The Vale Of Glamorgan, CF62 3DS£220,000£220,000£0005 Apr 202317 Jul 2023103 Days

Most Expensive Streets in Rhoose

PostcodeStreetAreaAverageNo. of Sales
CF62 3FNSeaview CourtRhoose£750,0003
CF62 3HQLower Farm CourtRhoose£485,0003
CF62 3LBHeol PearetreeRhoose£452,6878
CF62 3LFPorfa BallasRhoose£448,3333
CF62 3DTFontygary RoadRhoose£441,6663
CF62 3LQHeol-y-pentirRhoose£418,7504
CF62 3LULon LindysRhoose£416,2504
CF62 3EPRhoose RoadRhoose£405,0005
CF62 3LAMaes Y GwenynRhoose£399,13611
CF62 3LJGlyn Y GogRhoose£363,0717

Least Expensive Streets in Rhoose

PostcodeStreetAreaAverageNo. of Sales
CF62 3ELHavant CloseRhoose£109,1833
CF62 3FRMeadowcroftRhoose£159,5005
CF62 3EQRhoose RoadRhoose£169,9993
CF62 3EYStation RoadRhoose£170,5004
CF62 3HLMurlande WayRhoose£175,88914
CF62 3HBTorbay TerraceRhoose£177,7438
CF62 3HZShowle AcreRhoose£183,0003
CF62 3FXThaw CloseRhoose£185,9833
CF62 3EUCastle RoadRhoose£190,4949
CF62 3FUSmeaton CloseRhoose£206,72711

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