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Cardigan House Prices Cardigan House Prices

The average house price in Cardigan is £361,250 using HM Land Registry data.

The average property price increased by £112,312 (76.67%) over the last 5 years and increased by £22,447 (9.5%) over the last 12 months.

Over the last year, there were 49 residential property sales – a decrease of 7 transactions (-14.29%) relative to the previous year. The majority of house sales (17) were in the £178,000 - £246,000 range. Then came properties in the £110,000 - £178,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 134 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,216 (-4%).

In April 2024, there were 6 new estate agency instructions, 10 agreed home sales and 9 property price reductions.

Postcodes Covered: SA43

5-Year Average Property Prices in Cardigan

76.67%

Property prices in Cardigan increased by 76.67% 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 Cardigan Over the Last Year

9.5%

Property prices in Cardigan increased by 9.5% 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 Cardigan - April 2024

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 Cardigan

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 Cardigan

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 Cardigan

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 Cardigan since 1995

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

Recent Property Sales in Cardigan

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
30 Heol Derw, Cardigan, Ceredigion, SA43 1NH£299,950£295,500-£4,45006 Oct 202315 Mar 2024161 Days
Sunleigh, Feidrhenffordd, Cardigan, Ceredigion, SA43 1NL£249,950£249,950£0004 Oct 202323 Feb 2024142 Days
17 Maes Y Dderwen, Cardigan, Ceredigion, SA43 1PE£425,000£382,500-£42,50024 Aug 202307 Dec 2023105 Days
8 Melin Y Coed, Cardigan, Ceredigion, SA43 1PQ£265,000£250,000-£15,00015 Nov 202231 Oct 2023350 Days
77 North Road, Cardigan, Ceredigion, SA43 1LT£219,950£217,450-£2,50005 Apr 202330 Oct 2023208 Days
25 Maesglas, Cardigan, Ceredigion, SA43 1BE£220,000£220,000£0028 Apr 202306 Oct 2023161 Days
Precelly, Aberystwyth Road, Cardigan, Ceredigion, SA43 1LU£359,000£340,000-£19,00026 May 202306 Oct 2023133 Days
35 Bron Y Dre, Cardigan, Ceredigion, SA43 1LD£250,000£227,000-£23,00027 Apr 202318 Sep 2023144 Days
1 Napier Street, Cardigan, Ceredigion, SA43 1ED£335,000£335,000£0006 Apr 202315 Sep 2023162 Days
56 Maeshenffordd, Cardigan, Ceredigion, SA43 1NR£139,995£139,995£0030 May 202308 Sep 2023101 Days
161 Maesglas, Cardigan, Ceredigion, SA43 1AY£185,000£175,000-£10,00018 Apr 202308 Sep 2023143 Days
Windermere, Maes Y Coed, Cardigan, Ceredigion, SA43 1AP£329,950£310,000-£19,95026 May 202306 Sep 2023103 Days
1 Brick Row, Cardigan, Ceredigion, SA43 1EY£115,000£110,000-£5,00026 Apr 202311 Aug 2023107 Days
2 Queens Terrace, Cardigan, Ceredigion, SA43 1LJ£139,950£132,500-£7,45008 Mar 202306 Jul 2023120 Days
7 Y Rhos, Cardigan, Ceredigion, SA43 1NJ£259,950£240,000-£19,95005 Oct 202205 Jul 2023273 Days
7 Greenfield Row, Cardigan, Ceredigion, SA43 1LB£165,000£157,500-£7,50024 Jan 202308 Jun 2023135 Days
Taliesin, New Mill Road, Cardigan, Ceredigion, SA43 1QT£360,000£340,000-£20,00031 Jan 202330 May 2023119 Days
3 Heol Derw, Cardigan, Ceredigion, SA43 1NH£280,000£275,000-£5,00003 Feb 202305 May 202391 Days
19 Bron Y Dre, Cardigan, Ceredigion, SA43 1LD£225,000£220,000-£5,00027 Oct 202205 May 2023190 Days
6 Williams Terrace, Cardigan, Ceredigion, SA43 1EJ£165,000£140,000-£25,00020 Oct 202211 Apr 2023173 Days

Most Expensive Streets in Cardigan

PostcodeStreetAreaAverageNo. of Sales
SA43 1AFGwbert RoadCardigan£383,3756
SA43 1EGNapier GardensCardigan£354,0005
SA43 1PEMaes Y DderwenCardigan£349,2857
SA43 1PHGwbert RoadCardigan£328,3163
SA43 3AYBrynonnenCardigan£321,8333
SA43 1PJVerwig RoadCardigan£311,7506
SA43 1QTNew Mill RoadCardigan£294,2905
SA43 1APMaes Y CoedCardigan£290,2504
SA43 1NGHeol HelygCardigan£257,3333
SA43 1LUAberystwyth RoadCardigan£249,5905

Least Expensive Streets in Cardigan

PostcodeStreetAreaAverageNo. of Sales
SA43 1HJHigh StreetCardigan£66,3333
SA43 1ELWilliam StreetCardigan£118,0004
SA43 1DHSt Mary StreetCardigan£118,1663
SA43 1LJQueens TerraceCardigan£118,6005
SA43 1BBFelin Ban EstateCardigan£124,1254
SA43 3ABCastle StreetCardigan£124,9993
SA43 1NRMaeshenfforddCardigan£127,1234
SA43 1DQBro TeifiCardigan£136,5004
SA43 1LSNorth RoadCardigan£146,9586
SA43 1LZNewtownAberystwyth Road£148,3333

Explore Cardigan and Neighbouring Area House Prices

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