Feb 07, 2023 by HM

House prices in Heath (CF14 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Heath (CF14 4).

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Price per square metre

Knowing the average house price in Heath 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. 24, St Aidan Crescent, Heath, Cardiff, sold for £400,000 on Oct-2023. Given the internal area of 92 square metres, the price per sqm is £4,347.

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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 202 sales in Heath (CF14 4) 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 Heath (CF14 4). Of the 202 transactions, half were sold for between £2,980 and £3,980 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,980m². 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 4' is £3,490. The table below shows how 'CF14 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF14 5 Llanishen	£2,730m2	£3,130m2	£3,640m2
CF14 9 Thornhill	£3,500m2	£3,960m2	£4,310m2
CF14 0 Lisvane	£3,130m2	£3,820m2	£4,230m2
CF14 3 Gabalfa	£2,620m2	£3,020m2	£3,510m2
CF14 1 Whitchurch	£3,130m2	£3,590m2	£4,240m2
CF14 6 Rhiwbina	£3,010m2	£3,910m2	£4,630m2
CF14 4 Heath	£2,980m2	£3,490m2	£3,980m2
CF14 2 Whitchurch	£2,680m2	£3,240m2	£3,800m2
CF14 7 Whitchurch	£2,880m2	£3,440m2	£4,040m2

Will Heath 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 4 (Heath). 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 4 and the blue dots are the individual property sales that inform this trend.

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

Price map for Heath

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 Heath. 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 Heath

Street level data

Street	Avg size	Avg £/m2	Recent sales
Latteys Close, Heath, CF14 4P	52m2	£1,888	19
Ffordd Ty Unnos, Heath, CF14 4N	63m2	£2,980	19
Caerphilly Road, Heath, CF14 4Q	89m2	£2,889	19
Threipland Drive, Heath, CF14 4P	80m2	£2,806	16
Caerphilly Road, Heath, CF14 4N	94m2	£2,743	16
Maes Y Coed Road, Heath, CF14 4H	116m2	£3,529	16
St Anthony Road, Heath, CF14 4D	111m2	£3,536	14
Phoenix Way, Heath, CF14 4P	82m2	£2,957	13

Search for your street here.

Raw data

Our analysis of Heath 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
24, St Aidan Crescent, Heath, Cardiff	£400,000 Oct-2023	92	4,347
7 Birch Court, Latteys Close, Heath, Cardiff	£95,000 Oct-2023	48	1,979
20, King George V Drive West, Heath, Cardiff	£710,000 Aug-2023	93	7,634

See the entire list of all sales in Heath (CF14 4) here.