Feb 07, 2023 by HM

House prices in Canton (CF11 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Canton (CF11 8).

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Price per square metre

Knowing the average house price in Canton 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. 58, Broad Street, Canton, Cardiff, sold for £300,000 on Jul-2023. Given the internal area of 91 square metres, the price per sqm is £3,296.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres 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. £2,900-£3,000, £3,000-£3,100, £3,100-£3,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 147 sales in Canton (CF11 8) that took place in the last two years.

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.

That said, the spread of prices will give you a feel of the typical range to expect in Canton (CF11 8). Of the 147 transactions, half were sold for between £2,900 and £3,640 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,640m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CF11 8' is £3,250. The table below shows how 'CF11 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF11 7 Cardiff	£2,290m2	£2,570m2	£2,930m2
CF11 9 Canton	£3,210m2	£3,680m2	£4,320m2
CF11 0 Cardiff	£2,100m2	£2,810m2	£3,560m2
CF11 6 Grangetown	£2,150m2	£2,570m2	£2,900m2
CF11 8 Canton	£2,900m2	£3,250m2	£3,640m2

Will Canton 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 scatter plot below for CF11 8 (Canton). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CF11 8 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Canton 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Canton data or any other data I am given.

Price map for Canton

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Canton. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Canton

Street level data

Street	Avg size	Avg £/m2	Recent sales
Bartley Wilson Way, Canton, CF11 8E	83m2	£3,044	20
Trem Yr Afon, Canton, CF11 8F	96m2	£3,186	18
Broad Street, Canton, CF11 8B	85m2	£2,941	14
Heol Terrell, Canton, CF11 8B	121m2	£2,636	12
Treganna Street, Canton, CF11 8F	89m2	£2,999	10
Broadhaven, Canton, CF11 8D	99m2	£3,020	10
Arundel Place, Canton, CF11 8D	54m2	£3,350	9
Ffordd Yr Hen-dai, Canton, CF11 8F	99m2	£2,946	9

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
The Boulevard, Canton, CF11 8F	67m2	£2,896	28
Stryd Elai, Canton, CF11 8F	94m2	£2,796	20
Rhodri Morgan Way, Canton, CF11 8G	71m2	£3,250	17

The Boulevard, Canton, CF11 8F has seen 28 new build sales in the last 4 years (average price £207,496). These new build homes typically have an internal area of 67 m2, with an average price of £2,896 m2. This £sqm average is £-354 below the average for CF11 8. New builds typically command a £ per sqm premium. In the case of The Boulevard the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Canton 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	m2	£/m2
58, Broad St, Canton, Cardiff	£300,000 Jul-2023	91	3,296
5, Philip St, Canton, Cardiff	£210,000 Jul-2023	72	2,916
4, Langham Way, Canton, Cardiff	£200,000 Jul-2023	55	3,636

See the entire list of all sales in Canton (CF11 8) here.