top of page
  • Writer's pictureConrad Binding

Barry Market Insight - September 2023




Barry sales overview


  • Over the last 12 months, the average sales price in Barry was £209,502. The total value of sales was £125,940,705.

  • 12% of sales in the past 12 months were flats, achieving an average sales price of £136,883. Houses achieved an average price of £222,607.

  • The highest value recorded by the Land Registry over the past 12 months was £363,000 for a flat and £750,000 for a house.


 

Barry's Average property values over the past 12 months


Barry Key market metrics over the past 12 months


Over the last three months


  • £21.5m Total value of the property sold

  • 14% - % of Total - Flats

  • 0%- % of Total - New Build


 

Top transactions

Over the last three months

  • £395K OLD VILLAGE ROAD, CF62

  • £340K BARRY ROAD, CF62

  • £335K BEACHWAY, CF62

  • £570K WHITE HOUSE, CF62

  • £473K PARK ROAD, CF62


BARRY ROAD, CF62


The street with the most transactions

£209,502

Average price

over past 12 months

10% higher

Annual change in average sales price


634

Total transactions


36% higher

5 year change in average sales price



Average prices by property type

over the past 12 months

£347,589

Detached

Average prices by property type

over the past 12 months

£257,841

Semi-detached

Average prices by property type

over the past 12 months

£222,607

All houses


Average prices by property type

over the past 12 months

£136,883

Flat

Average prices by property type

over the past 12 months

£191,925

Terraced house

Barry Average prices by bedrooms and type


Barry Annual change in average price by bedrooms and type




 

Barry lettings overview


  • Over the last 12 months, the average rent achieved for homes let in Barry was £871 per month. This is a +15% change on the previous 12 month period.

  • 44% of homes let in the past 12 months were flats, achieving an average rental value of £748 per month. Houses achieved an average rent of £1,004 per month.

  • 17% of renters are aged between 25 and 29.



£871

Average monthly rent

Homes let in past 12 months

15% increase

Annual change in average rent



35

Average age of renters

Renters in past 12 months

Barry Average rents by bedroom and type


Barry Change in average rents by bedroom and type


Barry Profile of homes let


Barry Profile of homes let by bedroom and type


Barry Age profile of renters



RE/MAX Estate Agents Barry


 

Barry population overview


  • There are 25.7 residents per hectare which is a higher population density than across the region as a whole. In 2021 there were 53,415 people living within Barry. The overall population increased by 3.7% in the ten years between 2011 and 2021.

  • 12.9% of the population are aged between 35 and 44 which is above the regional average. 33.4% of households comprise just one person while 38.3% of households include families with children.

  • The most predominant industry of employment is Public admin, education & health which comprises 32.2% of the working age population.



53,415

Size of resident population


Under 15

Predominant age group


38.3%

% households families with children


43,889

Size of the workday population


3.7%

Population growth 2011–2021


 

Barry dwellings overview


  • 64.6% of residents within Barry own their own homes while 17.8% live in privately rented accommodation.

  • In 2021 there were 23,570 dwellings within Barry. 18% of properties are flats while houses make up 82% of housing stock.

  • In the last five years there have been 1098 new homes built across Barry, an average of 220 per year.


23,570

Number of dwellings


Terraced

Most prevalent housing type


1098

New homes built

last 5 years


 

End of the market insight


If you are interested and like to hear more, please subscribe to our daily newsletters below.


If you are interested in how much your assets are worth, please call us on 02921690350 or email us at barry@remax.co.uk


Your local estate agent, RE/MAX Estate Agents Barry.





27 views0 comments

Recent Posts

See All
bottom of page