Feb 07, 2023 by HM

# House prices in Canton (CF11 8)

## Defining 'CF11 8'

This analysis is limited to properties whose postcode starts with "CF11 8", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

## 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. 4, Ffordd Yr Arfau, Canton, Cardiff, sold for £270,000 on Feb-2024. Given the internal area of 74 square metres, the price per sqm is £3,648.

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 123 sales in Canton (CF11 8) that took place in the last two years.

##### Distribution of £ per sqm for Canton (CF11 8)
Distribution of £ per sqm house prices in Canton

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 Canton (CF11 8). Of the 123 transactions, half were sold for between £2,940 and £3,790 per square metre. The median, or 'middle', price per square metre in 'CF11 8' is £3,320. Notably, only 25% of properties that sold recently were valued at more than £3,790m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Canton

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 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.

House price heatmap for Canton

## Comparison with neighbouring postcode sectors

The table below shows how 'CF11 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF11 6 Grangetown £2,230m2 £2,650m2 £2,950m2
CF11 8 Canton £2,940m2 £3,320m2 £3,790m2
CF11 0 Cardiff £2,150m2 £2,620m2 £3,520m2
CF11 7 Cardiff £2,290m2 £2,610m2 £3,050m2
CF11 9 Canton £3,130m2 £3,700m2 £4,330m2

## 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.

##### Price per square metre in Canton (CF11 8) over time
House price trends for Canton

Hover on any blue dot to see details of specific sales

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.

## Street level data

Street Avg size Avg £/m2 Recent sales
Bartley Wilson Way, Canton, CF11 8E 83m2 £3,053 18
Broad Street, Canton, CF11 8B 85m2 £2,955 15
Trem Yr Afon, Canton, CF11 8F 95m2 £3,358 13
Broadhaven, Canton, CF11 8D 101m2 £3,020 12
Heol Terrell, Canton, CF11 8B 121m2 £2,636 12
Treganna Street, Canton, CF11 8F 88m2 £3,058 11
Arundel Place, Canton, CF11 8D 54m2 £3,424 11
Leckwith Avenue, Canton, CF11 8H 86m2 £3,033 9

## New build activity

Street Avg size Avg £/m2 New build sales
The Boulevard, Canton, CF11 8F 67m2 £2,900 12
Stryd Elai, Canton, CF11 8F 94m2 £2,842 11

The Boulevard, Canton, CF11 8F has seen 12 new build sales in the last 4 years (average price £214,965). These new build homes typically have an internal area of 67 m2, with an average price of £2,900 m2. This £sqm average is £-420 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.

4, Ffordd Yr Arfau, Canton, Cardiff £270,000
Feb-2024
74 3,648
17, Heol Y Fynachlog, Canton, Cardiff £340,000
Dec-2023
119 2,857
65, Bessborough Drive, Canton, Cardiff £260,000
Dec-2023
66 3,939