# House prices in CF14 1 (Cardiff)

## Defining 'CF14 1'

This analysis is limited to properties whose postcode starts with "CF14 1", 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. 26, Heol Y Forlan, Cardiff, sold for £386,000 on Feb-2024. Given the internal area of 95 square metres, the price per sqm is £4,063.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 228 sales in Cardiff (CF14 1) 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 (CF14 1). Of the 228 transactions, half were sold for between £3,190 and £4,290 per square metre. The median, or 'middle', price per square metre in 'CF14 1' is £3,670. Notably, only 25% of properties that sold recently were valued at more than £4,290 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 'CF14 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF14 5 Llanishen £2,820 sqm £3,140 sqm £3,610 sqm
CF14 6 Cardiff £2,850 sqm £3,850 sqm £4,590 sqm
CF14 9 Thornhill £3,590 sqm £4,020 sqm £4,360 sqm
CF14 0 Lisvane £3,250 sqm £3,860 sqm £4,230 sqm
CF14 2 Cardiff £2,610 sqm £3,280 sqm £3,830 sqm
CF14 7 Cardiff £2,960 sqm £3,660 sqm £4,130 sqm
CF14 3 Cardiff £2,640 sqm £3,020 sqm £3,550 sqm
CF14 4 Cardiff £2,980 sqm £3,470 sqm £4,000 sqm
CF14 1 Cardiff £3,190 sqm £3,670 sqm £4,290 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 CF14 1 (Cardiff) compared with both the wider area CF14 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 CF14 1 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 Gabriel, Cardiff, CF14 1J 100 sqm £3,557 22
Manor Way, Cardiff, CF14 1R 111 sqm £2,958 20
Tyn Y Pwll Road, Cardiff, CF14 1A 82 sqm £3,224 19
Silver Birch Close, Cardiff, CF14 1E 83 sqm £3,977 15
Blandon Way, Cardiff, CF14 1E 68 sqm £3,342 15
Curlew Close, Cardiff, CF14 1B 45 sqm £2,451 14
The Philog, Cardiff, CF14 1E 109 sqm £2,960 13
Old Church Road, Cardiff, CF14 1A 87 sqm £3,174 13

## 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.