# House prices in CF14 3 (Cardiff)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CF14 3' (Cardiff) - statistics were last calculated on 31 July 2024.

## Defining 'CF14 3'

This analysis is limited to properties whose postcode starts with "CF14 3", 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. 76, New Zealand Road, Cardiff, sold for £325,000 on May-2024. Given the internal area of 78 square metres, the price per sqm is £4,166.

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 150 sales in Cardiff (CF14 3) 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 3). Of the 150 transactions, half were sold for between £2,560 and £3,510 per square metre. The median, or 'middle', price per square metre in 'CF14 3' is £3,000. Notably, only 25% of properties that sold recently were valued at more than £3,510 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 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF14 5 Llanishen £2,830 sqm £3,170 sqm £3,660 sqm
CF14 6 Cardiff £2,880 sqm £3,820 sqm £4,590 sqm
CF14 9 Thornhill £3,600 sqm £4,040 sqm £4,360 sqm
CF14 3 Cardiff £2,560 sqm £3,000 sqm £3,510 sqm
CF14 4 Cardiff £3,010 sqm £3,480 sqm £4,010 sqm
CF14 1 Cardiff £3,170 sqm £3,670 sqm £4,230 sqm
CF14 0 Lisvane £3,330 sqm £3,930 sqm £4,230 sqm
CF14 2 Cardiff £2,630 sqm £3,250 sqm £3,850 sqm
CF14 7 Cardiff £2,960 sqm £3,480 sqm £4,050 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 3 (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 3 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
Manor Street, Cardiff, CF14 3P 101 sqm £2,596 25
New Zealand Road, Cardiff, CF14 3B 88 sqm £3,281 21
Clodien Avenue, Cardiff, CF14 3N 101 sqm £3,261 17
Newfoundland Road, Cardiff, CF14 3L 108 sqm £3,162 16
Heath Mead, Cardiff, CF14 3P 52 sqm £3,459 14
Heathfield Road, Cardiff, CF14 3J 109 sqm £2,935 12
Llanishen Street, Cardiff, CF14 3Q 113 sqm £2,397 12

## 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.

76, New Zealand Rd, Cardiff £325,000
May-2024
78 4,166
28, Maelog Pl, Cardiff £238,000
May-2024
100 2,380
20, Mynachdy Rd, Cardiff £280,000
Apr-2024
97 2,886