House prices in CF3 2 (Marshfield)
This article reveals price per square metre data and various charts to help you understand current housing market in 'CF3 2' (Marshfield, St Mellons) - statistics were last calculated on 30 June 2024.
Defining 'CF3 2'
This analysis is limited to properties whose postcode starts with "CF3 2", 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 Marshfield.
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 Marshfield 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 areaE.g. 11, Cambrian Gardens, Marshfield, St Mellons, sold for £310,000 on May-2024. Given the internal area of 104 square metres, the price per sqm is £2,980.
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. £3,350-£3,500, £3,500-£3,650, £3,650-£3,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 52 sales in Marshfield (CF3 2) that took place in the last two years.
Distribution of £ per sqm for Marshfield, St Mellons
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 Marshfield (CF3 2). Of the 52 transactions, half were sold for between £2,940 and £3,920 per square metre. The median, or 'middle', price per square metre in 'CF3 2' is £3,400. Notably, only 25% of properties that sold recently were valued at more than £3,920 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 Marshfield, St Mellons
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 St Mellons. 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 Marshfield, St Mellons
Comparison with neighbouring postcode sectors
The table below shows how 'CF3 2' compares to neighbouring postcode sectors.
Postcode sector | Lower quartile | Middle quartile | Upper quartile |
---|---|---|---|
CF3 2 Marshfield | £2,940 sqm | £3,400 sqm | £3,920 sqm |
CF3 5 Llanrumney | £2,230 sqm | £2,500 sqm | £2,800 sqm |
CF3 6 Old St Mellons | £3,190 sqm | £3,710 sqm | £4,010 sqm |
CF3 1 Rumney | £2,010 sqm | £2,240 sqm | £2,660 sqm |
CF3 0 St Mellons | £2,650 sqm | £3,120 sqm | £3,430 sqm |
CF3 4 Llanrumney | £2,000 sqm | £2,360 sqm | £2,750 sqm |
CF3 3 Rumney | £2,310 sqm | £2,730 sqm | £3,250 sqm |
Will St Mellons 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 CF3 2 (Marshfield) compared with both the wider area CF3 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 Marshfield,St Mellons
Download time series data as CSV (paying users only).
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 CF3 2 sales
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 St Mellons 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 St Mellons 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 |
---|---|---|---|
Marshfield Road, Marshfield, CF3 2U | 163 sqm | £3,008 | 14 |
Cypress Crescent, Marshfield, CF3 2W | 113 sqm | £3,681 | 12 |
The Meadows, Marshfield, CF3 2A | 110 sqm | £3,180 | 11 |
Mallards Reach, Marshfield, CF3 2P | 98 sqm | £3,462 | 10 |
Marysfield Close, Marshfield, CF3 2T | 85 sqm | £2,515 | 9 |
The Shires, Marshfield, CF3 2A | 127 sqm | £3,542 | 8 |
Mallards Reach, Marshfield, CF3 2N | 111 sqm | £2,967 | 8 |
Blacktown Gardens, Marshfield, CF3 2S | 112 sqm | £2,855 | 6 |
Search for your street here.
Raw data
Our analysis of Marshfield 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 | sqm | £/sqm |
---|---|---|---|
11, Cambrian Gardens, Marshfield, St Mellons | £310,000
May-2024
|
104 | 2,980 |
31, The Shires, Marshfield, St Mellons | £357,000
Apr-2024
|
85 | 4,200 |
16, Tynewydd Drive, Marshfield, St Mellons | £505,000
Dec-2023
|
110 | 4,590 |
See the entire list of all sales in Marshfield (CF3 2) here.
About
I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.