Feb 07, 2023 by HM

House prices in Gabalfa (CF14 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Gabalfa (CF14 3).

---

Price per square metre

Knowing the average house price in Gabalfa 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. 37, Heath Mead, Gabalfa, Cardiff, sold for £191,500 on Aug-2023. Given the internal area of 53 square metres, the price per sqm is £3,613.

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. £2,800-£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 173 sales in Gabalfa (CF14 3) 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 Gabalfa (CF14 3). Of the 173 transactions, half were sold for between £2,610 and £3,500 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,500m². 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 'CF14 3' is £2,980. The table below shows how 'CF14 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF14 5 Llanishen	£2,690m2	£3,110m2	£3,590m2
CF14 2 Whitchurch	£2,630m2	£3,210m2	£3,760m2
CF14 9 Thornhill	£3,460m2	£3,910m2	£4,290m2
CF14 7 Whitchurch	£2,830m2	£3,400m2	£4,030m2
CF14 0 Lisvane	£3,150m2	£3,810m2	£4,200m2
CF14 3 Gabalfa	£2,610m2	£2,980m2	£3,500m2
CF14 4 Heath	£2,940m2	£3,480m2	£3,970m2
CF14 1 Whitchurch	£3,090m2	£3,610m2	£4,250m2
CF14 6 Rhiwbina	£3,020m2	£3,900m2	£4,600m2

Will Gabalfa 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 CF14 3 (Gabalfa). 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 CF14 3 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Gabalfa 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 Gabalfa data or any other data I am given.

Price map for Gabalfa

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 Gabalfa. 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 Gabalfa

Street level data

Street	Avg size	Avg £/m2	Recent sales
Manor Street, Gabalfa, CF14 3P	101m2	£2,518	24
Newfoundland Road, Gabalfa, CF14 3L	109m2	£2,954	19
New Zealand Road, Gabalfa, CF14 3B	88m2	£3,163	19
Clodien Avenue, Gabalfa, CF14 3N	101m2	£3,092	18
Canada Road, Gabalfa, CF14 3B	100m2	£2,969	16
Heath Park Avenue, Gabalfa, CF14 3R	138m2	£3,697	15
Heathfield Road, Gabalfa, CF14 3J	109m2	£2,805	15
Llanishen Street, Gabalfa, CF14 3Q	112m2	£2,432	13

Search for your street here.

Raw data

Our analysis of Gabalfa 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
37, Heath Mead, Gabalfa, Cardiff	£191,500 Aug-2023	53	3,613
41, Africa Gardens, Gabalfa, Cardiff	£395,000 Aug-2023	111	3,558
110, Clodien Avenue, Gabalfa, Cardiff	£305,000 Aug-2023	93	3,279

See the entire list of all sales in Gabalfa (CF14 3) here.