Feb 07, 2023 by HM

House prices in Canton (CF11 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Canton (CF11 9).


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. 103, Fairleigh Road, Canton, Cardiff, sold for £465,000 on Sep-2023. Given the internal area of 132 square metres, the price per sqm is £3,522.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 207 sales in Canton (CF11 9) that took place in the last two years.

Distribution of £ per sqm for Canton (CF11 9)
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.

That said, the spread of prices will give you a feel of the typical range to expect in Canton (CF11 9). Of the 207 transactions, half were sold for between £3,210 and £4,320 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,320m2. 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 9' is £3,680. The table below shows how 'CF11 9' 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 9 (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 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Canton (CF11 9) 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.

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.

Property price heatmap for Canton
House price heatmap for Canton

Street level data

Street Avg size Avg £/m2 Recent sales
Severn Grove, Canton, CF11 9E 88m2 £3,759 27
Wyndham Road, Canton, CF11 9E 98m2 £3,512 22
Kings Road, Canton, CF11 9D 119m2 £3,400 21
Conway Road, Canton, CF11 9N 99m2 £3,379 20
Clos Dewi Sant, Canton, CF11 9E 75m2 £2,754 18
Llanfair Road, Canton, CF11 9Q 111m2 £4,100 16
Llandaff Road, Canton, CF11 9N 93m2 £2,683 15
Wyndham Crescent, Canton, CF11 9E 122m2 £2,871 14

Search for your street here.

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
103, Fairleigh Rd, Canton, Cardiff £465,000
Sep-2023
132 3,522
74, Llanfair Rd, Canton, Cardiff £560,000
Sep-2023
132 4,242
18, Pontcanna Pl, Canton, Cardiff £330,000
Aug-2023
83 3,975

See the entire list of all sales in Canton (CF11 9) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.