# House prices in CF10 5 (Cardiff)

## Defining 'CF10 5'

This analysis is limited to properties whose postcode starts with "CF10 5", 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. 7, Pomeroy Street, Cardiff, sold for £178,000 on Mar-2024. Given the internal area of 78 square metres, the price per sqm is £2,282.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 156 sales in Cardiff (CF10 5) 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 5). Of the 156 transactions, half were sold for between £2,260 and £2,880 per square metre. The median, or 'middle', price per square metre in 'CF10 5' is £2,530. Notably, only 25% of properties that sold recently were valued at more than £2,880 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.

House price heatmap for Cardiff

## Comparison with neighbouring postcode sectors

The table below shows how 'CF10 5' 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 5 (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 5 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
Heol Glan Rheidol, Cardiff, CF10 5N 66 sqm £2,620 67
Penstone Court, Cardiff, CF10 5N 84 sqm £2,415 33
Judkin Court, Cardiff, CF10 5A 88 sqm £2,309 28
Lynton Court, Cardiff, CF10 5N 90 sqm £2,218 23
Reresby Court, Cardiff, CF10 5N 64 sqm £2,358 19
Pomeroy Street, Cardiff, CF10 5G 84 sqm £2,767 17
Havannah Street, Cardiff, CF10 5S 60 sqm £3,232 16
Carlotta Way, Cardiff, CF10 5F 60 sqm £2,241 15

## 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.