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Prospect Place is a residential street with 3 addresses.
It ranks as the 33rd largest and 64th most expensive of the 417 streets in the CF47 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 3 properties: 2 houses and 1 flat.
Prospect Place is a residential street with 3 addresses.
It ranks as the 33rd largest and 64th most expensive of the 417 streets in the CF47 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 3 properties: 2 houses and 1 flat.
Sale prices range from £71,575 for 1 bedroom Leasehold flats (409 ft2) to £99,002 for 3 bedroom freehold houses with a garden (785 ft2) .
Monthly rental prices range from £451 pcm for 1 bed flats to £679 pcm for 3 bed houses.
The gross rental yield is between 7.6% and 8.3%.
The average value per square foot is £129.
The last sale on Prospect Place sold for £75,000 on 2nd December 2021. Since then prices are up an average of 71.6%.
The current average value in the street is £89,177.
The Prospect Place Sales Market has increased by 70.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £89,177 |
| May 2025 | 8.2% | £87,571 |
| May 2024 | -0.6% | £80,914 |
| May 2023 | 6.8% | £81,389 |
| May 2022 | 9.5% | £76,190 |
| May 2021 | 14.6% | £69,589 |
| May 2020 | 2.4% | £60,705 |
| May 2019 | 6% | £59,259 |
| May 2018 | 3.7% | £55,914 |
| May 2017 | 3.3% | £53,934 |
| May 2016 | -2.1% | £52,235 |
| May 2015 | 4.4% | £53,368 |
| May 2014 | 3.1% | £51,135 |
| May 2013 | -3.3% | £49,583 |
| May 2012 | -1.9% | £51,277 |
| May 2011 | -2.2% | £52,251 |
| May 2010 | -2.9% | £53,439 |
| May 2009 | -5.8% | £55,039 |
| May 2008 | 5.6% | £58,429 |
| May 2007 | 0% | £55,324 |
The current average rental value in the street is £601.
The Prospect Place Rental Market has increased by 70.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.6% | £601pcm |
| May 2025 | 6.1% | £581pcm |
| May 2024 | 5.1% | £547pcm |
| May 2023 | 7.1% | £521pcm |
| May 2022 | 12.5% | £486pcm |
| May 2021 | 9% | £432pcm |
| May 2020 | 4.6% | £397pcm |
| May 2019 | 2.5% | £379pcm |
| May 2018 | 2.6% | £370pcm |
| May 2017 | 2.5% | £361pcm |
| May 2016 | 2.4% | £352pcm |
| May 2015 | 0% | £344pcm |
| May 2014 | 1.7% | £344pcm |
| May 2013 | -2.2% | £338pcm |
| May 2012 | -0.5% | £345pcm |
| May 2011 | 1.1% | £347pcm |
| May 2010 | 1.4% | £343pcm |
| May 2009 | -5.3% | £338pcm |
| May 2008 | 1.8% | £357pcm |
| May 2007 | 0% | £351pcm |
The last sale was on 2nd December 2021 for £75,000 and since then the market in the area has increased by 71.6%. The street has had a total of 6 sales since 1995.
Prospect Place, Merthyr Tydfil, CF47 has seen no sales in the last three years and no sales in the last twelve months.
Prospect Place, Merthyr Tydfil, CF47 is the 33rd largest and the 64th most expensive street in the CF47 area.
There is 1 postcode on Prospect Place, Merthyr Tydfil, CF47.
The closest station to Prospect Place, Merthyr Tydfil, CF47 is Merthyr Tydfil station which is 900 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 Prospect Place, Merthyr Tydfil, CF47, 40.6% of property is privately rented and 36.1% 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 Prospect Place, Merthyr Tydfil, CF47, 24.4% of residents are recorded as possessing school level qualifications and 20.7% 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 Prospect Place, 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 Prospect Place, Merthyr Tydfil, CF47, 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 Prospect Place, Merthyr Tydfil, CF47, there are an average of 0.8 cars per household.
See below for how this compares to Wales and the rest of England & Wales.