Cardiff House Prices Cardiff House Prices

The average house price in Cardiff is £283,161 using HM Land Registry data.

The average property price increased by £68,363 (27.56%) over the last 5 years and increased by £13,697 (4.53%) over the last 12 months.

Over the last year, there were 3,145 residential property sales – a decrease of 918 transactions (-29.19%) relative to the previous year. The majority of house sales (821) were in the £218,000 - £286,000 range. Then came properties in the £150,000 - £218,000 range, where 761 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 129 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,220 (-2%).

In Dec 24, there were 418 new estate agency instructions, 302 agreed home sales and 260 property price reductions.

5-Year Average Property Prices in Cardiff

27.56%

Property prices in Cardiff increased by 27.56% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Cardiff Over the Last Year

4.53%

Property prices in Cardiff increased by 4.53% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Cardiff - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Cardiff

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Cardiff

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Cardiff

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Cardiff since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Cardiff area since 1995.

Recent Property Sales in Cardiff

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 3, Amalfi House, Ffordd Garthorne, Cardiff, CF10 4DA£155,000£152,500-£2,50015 Mar 202428 Nov 2024258 Days
24 Melingriffith Drive, Cardiff, CF14 2TS£450,000£450,000£0011 Mar 202427 Nov 2024261 Days
15 Heol Y Barcud, Cardiff, CF14 9JB£244,900£239,000-£5,90027 Jul 202427 Nov 2024123 Days
37 Watkins Square, Cardiff, CF14 4NH£165,000£165,000£0028 Aug 202420 Nov 202484 Days
49 Stirling Road, Cardiff, CF5 4SQ£250,000£248,000-£2,00015 May 202420 Nov 2024189 Days
89 Oakridge, Thornhill, Cardiff, CF14 9BX£175,000£173,000-£2,00010 Jun 202418 Nov 2024161 Days
8 Clos Dol Heulog, Pontprennau, Cardiff, CF23 8AT£375,000£365,000-£10,00020 Jun 202414 Nov 2024147 Days
28 Cornelly Close, Cardiff, CF14 2HT£350,000£340,000-£10,00006 Apr 202414 Nov 2024222 Days
12 Wentloog Close, Rumney, Cardiff, CF3 3HA£150,000£142,000-£8,00021 Jun 202412 Nov 2024144 Days
16 Deri Road, Cardiff, CF23 5AJ£500,000£483,000-£17,00007 May 202411 Nov 2024188 Days
42 Doe Close, Penylan, Cardiff, CF23 9HJ£325,000£325,000£0007 May 202408 Nov 2024185 Days
28 South View Drive, Rumney, Cardiff, CF3 3LY£240,000£240,000£0008 Jul 202408 Nov 2024123 Days
42 Ash Grove, Whitchurch, Cardiff, CF14 1BG£440,000£420,000-£20,00027 Apr 202408 Nov 2024195 Days
94 Park Avenue, Whitchurch, Cardiff, CF14 7AN£420,000£395,000-£25,00031 Jul 202408 Nov 2024100 Days
13 Barnard Avenue, Ely, Cardiff, CF5 5AU£210,000£205,000-£5,00030 Apr 202408 Nov 2024192 Days
46 Corporation Road, Cardiff, CF11 7AU£310,000£144,000-£166,00013 Mar 202408 Nov 2024240 Days
2 Ludlow Close, Cardiff, CF11 7DG£375,000£357,500-£17,50020 Mar 202408 Nov 2024233 Days
65 Lascelles Drive, Pontprennau, Cardiff, CF23 8NU£265,000£260,000-£5,00018 Apr 202407 Nov 2024203 Days
34 Caldy Road, Cardiff, CF14 2LJ£275,000£275,000£0028 Mar 202407 Nov 2024224 Days
43 Caer Wenallt, Cardiff, CF14 7HP£380,000£374,000-£6,00013 May 202407 Nov 2024178 Days

Most Expensive Streets in Cardiff

PostcodeStreetAreaAverageNo. of Sales
CF23 6JGLlandennis AvenueCardiff£1,799,0003
CF23 6JDLlandennis AvenueCardiff£1,370,0003
CF5 2AACardiff RoadLlandaff£1,316,6663
CF11 9QQThe RiseCardiff£1,126,4319
CF14 2BLWestbourne CrescentCardiff£1,103,3333
CF15 8BSDrysgol RoadRadyr£1,058,3333
CF14 0TLMillwoodLisvane£1,016,2504
CF5 2AELlandaff PlaceCardiff£1,007,0004
CF23 6RXCyncoed RoadCardiff£1,001,6663
CF11 9PLCathedral RoadCardiff£962,0003

Least Expensive Streets in Cardiff

PostcodeStreetAreaAverageNo. of Sales
CF14 3BFMeridian CourtNorth Road£60,8754
CF14 5HUNewlands CourtLlanishen£77,2505
CF15 8DPOld Garden CourtPark Road£80,3805
CF3 3ETWentloog CourtWentloog Road£81,4166
CF24 3FXStephenson CourtWordsworth Avenue£82,28510
CF23 9NALincoln CourtLlanedeyrn£84,8754
CF5 3QUBishop Hannon DriveCardiff£87,4005
CF23 9JYCoed EdeyrnLlanedeyrn£88,1663
CF5 5EFLeckwith CourtTidenham Road£88,2005
CF5 3ELForest ViewCardiff£88,6169

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