Property trends for CF47

    CF47 covers central and eastern areas of Merthyr Tydfil, a historic industrial town in the South Wales Valleys. The district offers affordable housing in a regenerating community with strong local character.

    At a Glance

    Average Property Price - CF47

    £168,152

    5

    National percentile

    Average Monthly Rent - CF

    £950

    41

    National percentile

    Average Net Household Income - CF47

    £31,523

    12

    National percentile

    Flat / Maisonette Yield - CF

    5.2%

    28

    National percentile

    10-Year Annualised Price Growth - CF47

    5.2%

    92

    National percentile

    10-Year Annualised Rent Growth - CF

    4.8%

    90

    National percentile

    Property Price & Volume Trends

    Properties in CF47 are among the most affordable nationally, with an average price of £168k. Annual price growth has averaged 5.2% over the past decade—well above the national trend, reflecting steady resilience in this budget segment. Transaction activity has moderated recently, with 158 sales in the latest year compared to a 10-year average of 220.

    Rent & Yield Trends

    Monthly rents in the CF postcode area average £950, broadly in line with the national mid-point. Rental growth has outpaced inflation, rising 4.8% annually over ten years—among the strongest growth rates nationally. Yields have improved noticeably, now standing at 5.2% compared to a 10-year average of 4.5%, indicating strengthening rental returns.

    Income & Affordability Trends

    Average household income of £31,523 sits well below the national norm, placing the area among the lower-income districts nationally. Purchase affordability has tightened slightly; the price-to-income ratio has risen from 4.6x in 2016 to 4.8x today. Rental affordability has marginally improved, with rent-to-income ratios falling from 26.4% to 26%.

    Resident Demographic Profile

    The age profile is notably younger than national averages, with 19.5% of residents under 15 compared to 17.5% nationally. Social rented housing is significantly more prevalent at 27.3% versus 16.5% nationally, reflecting the area's traditional reliance on social provision. The employment mix shows a higher concentration in elementary occupations (14% versus 10.2% nationally) and caring roles (12.4% versus 9.2%), whilst professional and managerial roles are underrepresented.

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