House prices in CF64 1 (Penarth)

This article reveals price per square foot data and various charts to help you understand current housing market in 'CF64 1' (Penarth) - statistics were last calculated on 30 August 2024.


Defining 'CF64 1'

This analysis is limited to properties whose postcode starts with "CF64 1", 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 Penarth.

You can click on the map to change 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 foot

Knowing the average house price in Penarth is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 3, Plas Taliesin, Penarth, sold for £467,500 on Jul-2024. Given the internal area of 1,711 square feet, the price per sqft is £273.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £353-£371, £371-£390, £390-£408 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 179 sales in Penarth (CF64 1) that took place in the last two years.

Distribution of £ per sqft for Penarth
Distribution of £ per sqft house prices in Penarth

Generate a custom chart like the one above but based on your own criteria.

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 Penarth (CF64 1). Of the 179 transactions, half were sold for between £284 and £375 per square foot. The median, or 'middle', price per square foot in 'CF64 1' is £326. Notably, only 25% of properties that sold recently were valued at more than £375 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Penarth

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 Penarth. 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 Penarth
House price heatmap for Penarth

Comparison with neighbouring postcode sectors

The table below shows how 'CF64 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CF64 1 Penarth £284 sqft £326 sqft £375 sqft
CF64 2 Penarth £277 sqft £327 sqft £374 sqft
CF64 5 Sully £294 sqft £358 sqft £431 sqft
CF64 3 Penarth £316 sqft £365 sqft £421 sqft
CF64 4 Dinas Powys £284 sqft £327 sqft £372 sqft

Will Penarth 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 CF64 1 (Penarth) compared with both the wider area CF64 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 foot in Penarth,Penarth
House price trends for Penarth

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 CF64 1 sales
Recent trends for Penarth

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 Penarth 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 Penarth 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 £sqft Recent sales
Trem Elai, Penarth, CF64 1T 764 sqft £337 30
Bradford Place, Penarth, CF64 1N 484 sqft £250 24
Queens Road, Penarth, CF64 1D 0 sqft £305 22
Plassey Street, Penarth, CF64 1E 0 sqft £285 22
Windsor Road, Penarth, CF64 1J 0 sqft £246 17
Marconi Avenue, Penarth, CF64 1S 753 sqft £346 15
Pierhead View, Penarth, CF64 1S 893 sqft £297 14
Glebe Street, Penarth, CF64 1E 925 sqft £296 13

Search for your street here.

Raw data

Our analysis of Penarth 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 sqft £/sqft
3, Plas Taliesin, Penarth £467,500
Jul-2024
1,711 273
9 The Pinnacle, Trem Elai, Penarth £149,950
Jul-2024
441 339
19, Plas St Pol De Leon, Penarth £161,000
Jun-2024
581 276

See the entire list of all sales in Penarth (CF64 1) 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.