Feb 07, 2023 by HM

House prices in Llanedeyrn (CF23 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Llanedeyrn (CF23 9).


Defining 'CF23 9'

This analysis is limited to properties whose postcode starts with "CF23 9", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Llanedeyrn 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. 230, Coed Y Gores, Llanedeyrn, Pontprennau, sold for £128,559 on Feb-2024. Given the internal area of 77 square metres, the price per sqm is £1,669.

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 194 sales in Llanedeyrn (CF23 9) that took place in the last two years.

Distribution of £ per sqm for Llanedeyrn (CF23 9)
Distribution of £ per sqm house prices in Llanedeyrn

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 Llanedeyrn (CF23 9). Of the 194 transactions, half were sold for between £1,980 and £3,600 per square metre. The median, or 'middle', price per square metre in 'CF23 9' is £2,510. Notably, only 25% of properties that sold recently were valued at more than £3,600m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Llanedeyrn

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 Llanedeyrn. 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.

Property price heatmap for Llanedeyrn
House price heatmap for Llanedeyrn

Comparison with neighbouring postcode sectors

The table below shows how 'CF23 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF23 6 Cyncoed £3,020m2 £3,770m2 £4,540m2
CF23 8 Pontprennau £3,090m2 £3,700m2 £4,070m2
CF23 5 Penylan £3,240m2 £3,670m2 £4,290m2
CF23 9 Llanedeyrn £1,980m2 £2,510m2 £3,600m2
CF23 7 Pentwyn £2,290m2 £2,550m2 £2,940m2

Will Llanedeyrn 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 CF23 9 (Llanedeyrn). 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 CF23 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Llanedeyrn (CF23 9) over time
House price trends for Llanedeyrn

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Chapel Wood, Llanedeyrn, CF23 9E 88m2 £1,805 30
Ffordd Nowell, Llanedeyrn, CF23 9F 87m2 £3,122 28
Coed Edeyrn, Llanedeyrn, CF23 9J 51m2 £1,938 28
Coed Y Gores, Llanedeyrn, CF23 9N 86m2 £1,890 28
Pennsylvania, Llanedeyrn, CF23 9L 85m2 £1,969 27
Awel Mor, Llanedeyrn, CF23 9Q 68m2 £1,872 17
Colchester Avenue, Llanedeyrn, CF23 9A 137m2 £3,032 15
Melrose Avenue, Llanedeyrn, CF23 9A 112m2 £2,813 14

Search for your street here.

Raw data

Our analysis of Llanedeyrn 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
230, Coed Y Gores, Llanedeyrn, Pontprennau £128,559
Feb-2024
77 1,669
24, Lonsdale Rd, Llanedeyrn, Pontprennau £375,000
Jan-2024
76 4,934
58, Wellwood, Llanedeyrn, Pontprennau £234,500
Jan-2024
92 2,548

See the entire list of all sales in Llanedeyrn (CF23 9) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.