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Park Way is a residential street with 2 addresses.
It ranks as the 19th largest and 376th most expensive of the 417 streets in the CF47 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 2 properties: 2 houses.
Park Way is a residential street with 2 addresses.
It ranks as the 19th largest and 376th most expensive of the 417 streets in the CF47 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 2 properties: 2 houses.
Sale prices range from £269,391 for 4 bedroom freehold houses with a garden (1,270 ft2) to £291,459 for 4 bedroom freehold houses with a garden (1,407 ft2) .
Monthly rental prices range from £1,012 pcm for 4 bed houses to £1,031 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 4.5%.
The average value per square foot is £210.
The last sale on Park Way sold for £250,000 on 24th March 2023. Since then prices are up an average of 7.1%.
The current average value in the street is £280,425.
The Park Way Sales Market has increased by 71.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.1% | £280,425 |
| May 2025 | 6.8% | £277,358 |
| May 2024 | -1.2% | £259,796 |
| May 2023 | 7.8% | £262,929 |
| May 2022 | 10.1% | £244,004 |
| May 2021 | 13.8% | £221,720 |
| May 2020 | 2% | £194,831 |
| May 2019 | 6.1% | £190,955 |
| May 2018 | 4.3% | £179,947 |
| May 2017 | 5.3% | £172,467 |
| May 2016 | -1.8% | £163,730 |
| May 2015 | 4.5% | £166,695 |
| May 2014 | 3.5% | £159,446 |
| May 2013 | -2.8% | £154,028 |
| May 2012 | -0.1% | £158,395 |
| May 2011 | 0.2% | £158,602 |
| May 2010 | -0.4% | £158,271 |
| May 2009 | -2.9% | £158,836 |
| May 2008 | 5.9% | £163,551 |
| May 2007 | 0% | £154,459 |
The current average rental value in the street is £1,021.
The Park Way Rental Market has increased by 71.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £1,021pcm |
| May 2025 | 4.6% | £993pcm |
| May 2024 | 4.5% | £949pcm |
| May 2023 | 8.1% | £908pcm |
| May 2022 | 13% | £840pcm |
| May 2021 | 8.2% | £743pcm |
| May 2020 | 4.2% | £687pcm |
| May 2019 | 2.7% | £660pcm |
| May 2018 | 3.2% | £642pcm |
| May 2017 | 4.5% | £622pcm |
| May 2016 | 2.7% | £595pcm |
| May 2015 | 0.2% | £580pcm |
| May 2014 | 2.1% | £579pcm |
| May 2013 | -1.7% | £567pcm |
| May 2012 | 1.3% | £576pcm |
| May 2011 | 3.7% | £569pcm |
| May 2010 | 4.1% | £549pcm |
| May 2009 | -2.4% | £527pcm |
| May 2008 | 2.1% | £540pcm |
| May 2007 | 0% | £529pcm |
The last sale was on 24th March 2023 for £250,000 and since then the market in the area has increased by 7.1%. The street has had a total of 3 sales since 1995.
Park Way, Merthyr Tydfil, CF47 has seen 1 sale in the last three years and no sales in the last twelve months.
Park Way, Merthyr Tydfil, CF47 is the 19th largest and the 376th most expensive street in the CF47 area.
There is 1 postcode on Park Way, Merthyr Tydfil, CF47.
The closest station to Park Way, Merthyr Tydfil, CF47 is Merthyr Tydfil station which is 600 metres away.
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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 Park Way, Merthyr Tydfil, CF47, 68.1% of property is privately owned outright and 22.7% is privately owned with a mortgage.
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 Park Way, Merthyr Tydfil, CF47, 13.2% of residents are recorded as possessing school level qualifications and 36.5% 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 Park Way, Merthyr Tydfil, CF47, the average age was 42.8 and the most common age was 57.
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 Park Way, Merthyr Tydfil, CF47, 0.7% 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 Park Way, Merthyr Tydfil, CF47, there are an average of 1.4 cars per household.
See below for how this compares to Wales and the rest of England & Wales.