Feb 07, 2023 by HM

House prices in Llandaff (CF5 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Llandaff (CF5 2).


Price per square metre

Knowing the average house price in Llandaff 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. 8, Baldwin Close, Llandaff, Cardiff, sold for £235,000 on Sep-2023. Given the internal area of 78 square metres, the price per sqm is £3,012.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 272 sales in Llandaff (CF5 2) that took place in the last two years.

Distribution of £ per sqm for Llandaff (CF5 2)
Distribution of £ per sqm house prices in Llandaff

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 Llandaff (CF5 2). Of the 272 transactions, half were sold for between £3,270 and £4,290 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,290m2. 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 'CF5 2' is £3,840. The table below shows how 'CF5 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF5 2 Llandaff £3,270m2 £3,840m2 £4,290m2
CF5 4 Ely £2,030m2 £2,410m2 £3,080m2
CF5 1 Canton £2,910m2 £3,340m2 £3,820m2
CF5 3 Fairwater £2,240m2 £2,550m2 £3,060m2
CF5 5 Ely £2,010m2 £2,420m2 £2,740m2
CF5 6 St Fagans £3,320m2 £3,660m2 £3,970m2

Will Llandaff 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 CF5 2 (Llandaff). 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 CF5 2 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Llandaff (CF5 2) over time
House price trends for Llandaff

Hover on any blue dot to see details of specific sales

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

Price map for Llandaff

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 Llandaff. 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.

Property price heatmap for Llandaff
House price heatmap for Llandaff

Street level data

Street Avg size Avg £/m2 Recent sales
Fairwater Grove East, Llandaff, CF5 2J 99m2 £3,220 25
Western Avenue, Llandaff, CF5 2B 117m2 £3,015 20
Cardiff Road, Llandaff, CF5 2A 100m2 £3,927 20
Fairwater Road, Llandaff, CF5 2L 103m2 £3,158 19
Fairwater Grove West, Llandaff, CF5 2J 96m2 £3,189 17
Beale Close, Llandaff, CF5 2R 67m2 £3,557 17
Cardiff Road, Llandaff, CF5 2D 73m2 £3,365 16
Tangmere Drive, Llandaff, CF5 2P 55m2 £3,606 16

Search for your street here.

Raw data

Our analysis of Llandaff 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
8, Baldwin Close, Llandaff, Cardiff £235,000
Sep-2023
78 3,012
33 Cwrt Pegasus, Cardiff Rd, Llandaff, Cardiff £219,000
Aug-2023
41 5,341
Flat 3 Pontcanna Court, Cardiff Rd, Llandaff, Cardiff £285,000
Jul-2023
58 4,913

See the entire list of all sales in Llandaff (CF5 2) 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.