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1 Palm Road is a residential building situated on Palm Road, Merthyr Tydfil, CF47 with 6 addresses.
It ranks as the 100th largest and 51st most expensive of the 144 buildings in the CF47 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 6 properties: 6 flats.
1 Palm Road is a residential building situated on Palm Road, Merthyr Tydfil, CF47 with 6 addresses.
It ranks as the 100th largest and 51st most expensive of the 144 buildings in the CF47 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £71,575 for 1 bedroom leasehold flats (322 ft2) to £91,074 for 2 bedroom leasehold flats (452 ft2) .
Monthly rental prices range from £451 pcm for 1 bed flats to £566 pcm for 2 bed flats.
The gross rental yield is between 7.5% and 7.6%.
The average value per square foot is £186.
The last sale in 1 Palm Road sold for £50,000 on 19th July 2022. Since then prices are down an average of 0.0%.
The current average value in the building is £87,824.
The 1 Palm Road Sales Market has increased by 59.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.6% | £87,824 |
| May 2025 | 7.4% | £86,472 |
| May 2024 | 0% | £80,493 |
| May 2023 | 5.2% | £80,510 |
| May 2022 | 10% | £76,495 |
| May 2021 | 10.8% | £69,561 |
| May 2020 | 4.2% | £62,783 |
| May 2019 | 5.8% | £60,224 |
| May 2018 | 2.4% | £56,897 |
| May 2017 | 0.7% | £55,589 |
| May 2016 | -2.7% | £55,195 |
| May 2015 | 3.2% | £56,722 |
| May 2014 | 2.5% | £54,979 |
| May 2013 | -2% | £53,614 |
| May 2012 | -3.9% | £54,714 |
| May 2011 | -3.3% | £56,934 |
| May 2010 | -3.5% | £58,854 |
| May 2009 | -7.2% | £60,959 |
| May 2008 | 5.7% | £65,678 |
| May 2007 | 0% | £62,147 |
The current average rental value in the building is £547.
The 1 Palm Road Rental Market has increased by 60.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.3% | £547pcm |
| May 2025 | 5.9% | £530pcm |
| May 2024 | 5.5% | £500pcm |
| May 2023 | 6.6% | £474pcm |
| May 2022 | 10.8% | £445pcm |
| May 2021 | 8.4% | £402pcm |
| May 2020 | 4.8% | £370pcm |
| May 2019 | 1.4% | £354pcm |
| May 2018 | 1.7% | £349pcm |
| May 2017 | 0.6% | £343pcm |
| May 2016 | 1.1% | £341pcm |
| May 2015 | -0.1% | £337pcm |
| May 2014 | 1.2% | £337pcm |
| May 2013 | -2.5% | £333pcm |
| May 2012 | -0.9% | £342pcm |
| May 2011 | -0.6% | £345pcm |
| May 2010 | 0.2% | £347pcm |
| May 2009 | -6.3% | £346pcm |
| May 2008 | 2% | £369pcm |
| May 2007 | 0% | £362pcm |
The last sale was on 19th July 2022 for £50,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
1, Palm Road, Merthyr Tydfil, CF47 9BT has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 1, Palm Road, Merthyr Tydfil, CF47 9BT is Merthyr Tydfil station which is 2.1 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Palm Road, Merthyr Tydfil, CF47 9BT, 40.3% of property is socially rented and 27.7% is privately owned outright.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Palm Road, Merthyr Tydfil, CF47 9BT, 20.1% of residents are recorded as possessing school level qualifications and 15.7% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Palm Road, Merthyr Tydfil, CF47 9BT, the average age was 37.8 and the most common age was 7.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Palm Road, Merthyr Tydfil, CF47 9BT, 0.0% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Palm Road, Merthyr Tydfil, CF47 9BT, there are an average of 0.8 cars per household.
See below for how this compares to Wales and the rest of England & Wales.