House prices in CF10 4 (Cardiff)

This article reveals price per square metre data and various charts to help you understand current housing market in Cardiff (CF10 4).


Defining 'CF10 4'

This analysis is limited to properties whose postcode starts with "CF10 4", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Cardiff.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Cardiff is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Apartment 28 Schooner Wharf, Schooner Drive, Cardiff, sold for £250,000 on Mar-2024. Given the internal area of 65 square metres, the price per sqm is £3,846.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,350-£3,500, £3,500-£3,650, £3,650-£3,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 126 sales in Cardiff (CF10 4) that took place in the last two years.

Distribution of £ per sqm for Cardiff
Distribution of £ per sqm house prices in Cardiff

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Cardiff (CF10 4). Of the 126 transactions, half were sold for between £2,430 and £3,080 per square metre. The median, or 'middle', price per square metre in 'CF10 4' is £2,800. Notably, only 25% of properties that sold recently were valued at more than £3,080 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Cardiff

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Cardiff. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Cardiff
House price heatmap for Cardiff

Comparison with neighbouring postcode sectors

The table below shows how 'CF10 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF10 3 Cardiff £2,610 sqm £2,730 sqm £3,160 sqm
CF10 4 Cardiff £2,430 sqm £2,800 sqm £3,080 sqm
CF10 2 Cardiff £2,360 sqm £2,880 sqm £3,410 sqm
CF10 1 Cardiff £2,250 sqm £2,870 sqm £3,390 sqm
CF10 5 Cardiff £2,260 sqm £2,530 sqm £2,880 sqm

Will Cardiff house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CF10 4 (Cardiff) compared with both the wider area CF10 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Cardiff,Cardiff
House price trends for Cardiff

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CF10 4 sales
Recent trends for Cardiff

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Cardiff to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Cardiff and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Vellacott Close, Cardiff, CF10 4A 66 sqm £2,607 43
Ffordd Garthorne, Cardiff, CF10 4D 65 sqm £2,642 42
Henke Court, Cardiff, CF10 4E 78 sqm £2,452 31
Adventurers Quay, Cardiff, CF10 4N 92 sqm £2,886 26
Schooner Drive, Cardiff, CF10 4E 57 sqm £3,355 22
Corvette Court, Cardiff, CF10 4N 67 sqm £2,585 15
Falcon Drive, Cardiff, CF10 4P 49 sqm £2,371 15
Lloyd George Avenue, Cardiff, CF10 4Q 81 sqm £2,847 15

Search for your street here.

Raw data

Our analysis of Cardiff is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
Apartment 28 Schooner Wharf, Schooner Drive, Cardiff £250,000
Mar-2024
65 3,846
16, Henke Court, Cardiff £178,000
Mar-2024
70 2,542
Flat 51 Rimini House, Ffordd Garthorne, Cardiff £180,000
Feb-2024
64 2,812

See the entire list of all sales in Cardiff (CF10 4) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.