Barry Market Insight - September 2023
- Conrad Binding
- Sep 15, 2023
- 2 min read
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
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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.
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