FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Penarth

Penarth House Prices Penarth House Prices

The average house price in Penarth is £414,608 using HM Land Registry data.

The average property price increased by £148,782 (52.92%) over the last 5 years and increased by £29,736 (7.43%) over the last 12 months.

Over the last year, there were 318 residential property sales – a decrease of 148 transactions (-46.54%) relative to the previous year. The majority of house sales (91) were in the £160,000 - £280,000 range. Then came properties in the £280,000 - £400,000 range, where 85 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,794 (-2%).

In April 2024, there were 78 new estate agency instructions, 57 agreed home sales and 49 property price reductions.

Neighbouring Areas: Cardiff, Dinas Powis

Postcodes Covered: CF11, CF64

5-Year Average Property Prices in Penarth

52.92%

Property prices in Penarth increased by 52.92% 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 Penarth Over the Last Year

7.43%

Property prices in Penarth increased by 7.43% 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 Penarth - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Penarth

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 Penarth

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 Penarth

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 Penarth since 1995

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

Recent Property Sales in Penarth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 St Annes Avenue, Penarth, The Vale Of Glamorgan, CF64 3PG£595,000£545,000-£50,00019 Sep 202301 Mar 2024164 Days
11 Upper Cosmeston Farm, Penarth, The Vale Of Glamorgan, CF64 5UB£550,000£525,000-£25,00028 Sep 202323 Feb 2024148 Days
8 Cedar Way, Penarth, The Vale Of Glamorgan, CF64 3NL£280,000£273,500-£6,50029 Sep 202323 Feb 2024147 Days
27 Robinswood Crescent, Penarth, The Vale Of Glamorgan, CF64 3JF£735,000£725,000-£10,00013 Sep 202322 Feb 2024162 Days
35 Harriet Street, Penarth, The Vale Of Glamorgan, CF64 2JY£275,000£256,500-£18,50013 Nov 202320 Feb 202499 Days
92 Stanwell Road, Penarth, The Vale Of Glamorgan, CF64 3LP£999,950£985,000-£14,95018 Sep 202307 Feb 2024142 Days
46 Windsor Road, Penarth, The Vale Of Glamorgan, CF64 1JJ£599,950£593,000-£6,95012 Aug 202302 Feb 2024174 Days
15 Goscombe Drive, Penarth, The Vale Of Glamorgan, CF64 2LF£235,000£222,000-£13,00006 Sep 202331 Jan 2024147 Days
2 Heol Tre Forys, Penarth, The Vale Of Glamorgan, CF64 3RE£399,950£380,000-£19,95022 Aug 202326 Jan 2024157 Days
16 Carys Close, Penarth, The Vale Of Glamorgan, CF64 3RD£425,000£425,000£0009 Aug 202320 Dec 2023133 Days
22 Victoria Road, Penarth, The Vale Of Glamorgan, CF64 3HX£1,250,000£1,200,000-£50,00005 Jun 202318 Dec 2023196 Days
56 Castle Avenue, Penarth, The Vale Of Glamorgan, CF64 3QS£375,000£360,000-£15,00006 Jul 202314 Dec 2023161 Days
2 Birch Lane, Penarth, The Vale Of Glamorgan, CF64 5BY£599,500£599,500£0024 Jul 202313 Dec 2023142 Days
21 Whitcliffe Drive, Penarth, The Vale Of Glamorgan, CF64 5RY£1,000,000£1,000,000£0021 Sep 202313 Dec 202383 Days
5 Plas Pamir, Penarth, The Vale Of Glamorgan, CF64 1BT£280,000£273,000-£7,00010 Aug 202308 Dec 2023120 Days
6 Teasel Avenue, Penarth, The Vale Of Glamorgan, CF64 2QE£305,000£293,000-£12,00007 Jun 202307 Dec 2023183 Days
72 Wordsworth Avenue, Penarth, The Vale Of Glamorgan, CF64 2RN£550,000£550,000£0001 Aug 202304 Dec 2023125 Days
54 Clive Place, Penarth, The Vale Of Glamorgan, CF64 1AW£875,000£875,000£0011 Aug 202304 Dec 2023115 Days
26 Shakespeare Avenue, Penarth, The Vale Of Glamorgan, CF64 2RU£375,000£375,000£0013 Jul 202304 Dec 2023144 Days
26 Clwyd, Northcliffe, Penarth, The Vale Of Glamorgan, CF64 1DZ£195,000£185,000-£10,00006 Jul 202323 Nov 2023140 Days

Most Expensive Streets in Penarth

PostcodeStreetAreaAverageNo. of Sales
CF64 3BGMarine ParadePenarth£1,853,3333
CF64 5BPCliff ParadePenarth£1,808,3333
CF64 3BDPark RoadPenarth£1,472,5004
CF64 3DBPlymouth RoadPenarth£1,283,0005
CF64 5DGPlymouth RoadPenarth£1,167,5004
CF64 3EAStanwell RoadPenarth£947,5004
CF64 3HNCwrt Y Vil RoadPenarth£943,7385
CF64 5RHAugusta RoadPenarth£917,5004
CF64 5RYWhitcliffe DrivePenarth£917,5004
CF64 3HXVictoria RoadPenarth£903,3333

Least Expensive Streets in Penarth

PostcodeStreetAreaAverageNo. of Sales
CF64 2NFCogan CourtCogan Pill Road£107,8333
CF11 0JHLady Isle HouseFerry Court£112,0006
CF64 2NQCogan CourtCogan Pill Road£115,6663
CF64 2LHRowan HouseBridge Street, Penarth£121,2374
CF64 2LJGainsborough CourtBridge Street, Penarth£126,2504
CF64 1NRHomeside HouseBradford Place£126,82728
CF11 0JBFlatholm HouseFerry Court£128,2005
CF11 0LADavaar HouseFerry Court£129,0003
CF11 0JFJones Point HouseFerry Court£129,7504
CF11 0JDGreat Ormes HouseFerry Court£130,1427

Explore Penarth and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions South Wales
Property Auctions South Wales
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark