House prices in CF64 4 (Dinas Powys)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CF64 4' (Dinas Powys, Penarth) - statistics were last calculated on 30 June 2024.

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Defining 'CF64 4'

This analysis is limited to properties whose postcode starts with "CF64 4", 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 Dinas Powys.

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.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Dinas Powys 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. 57, Caerwent Close, Dinas Powys, Penarth, sold for £255,000 on May-2024. Given the internal area of 67 square metres, the price per sqm is £3,805.

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 150 sales in Dinas Powys (CF64 4) 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.

The spread of prices will give you a feel of the typical range to expect in Dinas Powys (CF64 4). Of the 150 transactions, half were sold for between £2,970 and £3,970 per square metre. The median, or 'middle', price per square metre in 'CF64 4' is £3,500. Notably, only 25% of properties that sold recently were valued at more than £3,970 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 Dinas Powys, 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.

House price heatmap for Dinas Powys, Penarth

Comparison with neighbouring postcode sectors

The table below shows how 'CF64 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CF64 1 Penarth	£3,020 sqm	£3,580 sqm	£4,040 sqm
CF64 5 Sully	£3,090 sqm	£3,830 sqm	£4,630 sqm
CF64 2 Penarth	£2,850 sqm	£3,440 sqm	£4,020 sqm
CF64 3 Penarth	£3,360 sqm	£3,880 sqm	£4,500 sqm
CF64 4 Dinas Powys	£2,970 sqm	£3,500 sqm	£3,970 sqm

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 4 (Dinas Powys) 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.

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.

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 £sqm	Recent sales
Greenfield Avenue, Dinas Powys, CF64 4B	111 sqm	£3,396	11
Clos Glascoed, Dinas Powys, CF64 4R	98 sqm	£3,686	11
Heol Y Frenhines, Dinas Powys, CF64 4U	82 sqm	£3,113	10
Cardiff Road, Dinas Powys, CF64 4J	121 sqm	£2,505	10
Caerwent Close, Dinas Powys, CF64 4Q	94 sqm	£3,276	10
Clos Yr Ysgol, Dinas Powys, CF64 4R	121 sqm	£3,677	10
Drylla, Dinas Powys, CF64 4U	85 sqm	£3,123	10
Clos Derwen, Dinas Powys, CF64 4B	112 sqm	£3,998	9

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Heol Hartrey, Dinas Powys, CF64 4R	81 sqm	£3,441	9
Bryneithin, Dinas Powys, CF64 4B	112 sqm	£2,964	10

Heol Hartrey, Dinas Powys, CF64 4R has seen 9 new build sales in the last 4 years (average price £263,590). These new build homes typically have an internal area of 81 sqm, with an average price of £3,441 sqm. This £sqm average is £-59 below the average for CF64 4. New builds typically command a £ per sqm premium. In the case of Heol Hartrey the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Dinas Powys 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
57, Caerwent Close, Dinas Powys, Penarth	£255,000 May-2024	67	3,805
18, Chamberlain Row, Dinas Powys, Penarth	£275,000 May-2024	77	3,571
74, Murch Rd, Dinas Powys, Penarth	£617,500 Apr-2024	123	5,020

See the entire list of all sales in Dinas Powys (CF64 4) here.