Feb 07, 2023 by HM

House prices in Creigiau (CF15 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Creigiau (CF15 9).

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Price per square metre

Knowing the average house price in Creigiau 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. 9, Field Terrace, Creigiau, Radyr, sold for £505,000 on Aug-2023. Given the internal area of 118 square metres, the price per sqm is £4,279.

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. £2,700-£3,000, £3,000-£3,300, £3,300-£3,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 121 sales in Creigiau (CF15 9) 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 Creigiau (CF15 9). Of the 121 transactions, half were sold for between £3,010 and £4,060 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,060m². 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 'CF15 9' is £3,510. The table below shows how 'CF15 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF15 8 Radyr	£2,950m2	£3,380m2	£3,900m2
CF15 7 Taffs Well	£2,120m2	£2,780m2	£3,280m2
CF15 9 Creigiau	£3,010m2	£3,510m2	£4,060m2

Will Creigiau 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 CF15 9 (Creigiau). 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 CF15 9 and the blue dots are the individual property sales that inform this trend.

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

Price map for Creigiau

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 Creigiau. 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 Creigiau

Street level data

Street	Avg size	Avg £/m2	Recent sales
Parc Castell Y Mynach, Creigiau, CF15 9N	118m2	£3,439	14
Llys Dewi, Creigiau, CF15 9J	59m2	£3,220	13
Parc Y Fro, Creigiau, CF15 9S	101m2	£3,228	10
Garth Olwg, Creigiau, CF15 9H	102m2	£2,839	8
Maes Y Sarn, Creigiau, CF15 9Q	117m2	£3,183	8
Clos Goch, Creigiau, CF15 9R	125m2	£3,683	8
Main Road, Creigiau, CF15 9H	147m2	£3,200	8
Heol Berry, Creigiau, CF15 9H	96m2	£2,361	6

Search for your street here.

Raw data

Our analysis of Creigiau 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
9, Field Terrace, Creigiau, Radyr	£505,000 Aug-2023	118	4,279
2, Maes Y Nant, Creigiau, Radyr	£320,000 Aug-2023	80	4,000
11, River Glade, Creigiau, Radyr	£279,000 Jul-2023	73	3,821

See the entire list of all sales in Creigiau (CF15 9) here.