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 Dinas Powys, Penarth (CF64 4).


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.

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. 13, Heol Y Frenhines, Dinas Powys, Penarth, sold for £240,000 on Mar-2024. Given the internal area of 69 square metres, the price per sqm is £3,478.

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. £3,800-£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 149 sales in Dinas Powys (CF64 4) that took place in the last two years.

Distribution of £ per sqm for Dinas Powys, Penarth
Distribution of £ per sqm house prices in Dinas Powys

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 149 transactions, half were sold for between £3,020 and £3,990 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 £3,990 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.

Property price heatmap for Dinas Powys
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 £3,030 sqm £3,550 sqm £4,040 sqm
CF64 3 Penarth £3,300 sqm £3,860 sqm £4,410 sqm
CF64 4 Dinas Powys £3,020 sqm £3,500 sqm £3,990 sqm
CF64 2 Penarth £2,940 sqm £3,460 sqm £4,040 sqm
CF64 5 Sully £3,110 sqm £3,780 sqm £4,620 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.

Historic price per square metre in Dinas Powys,Penarth
House price trends for Dinas Powys

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 4 sales
Recent trends for Dinas Powys

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
Cardiff Road, Dinas Powys, CF64 4J 121 sqm £2,490 13
Greenfield Avenue, Dinas Powys, CF64 4B 112 sqm £3,396 11
Clos Yr Ysgol, Dinas Powys, CF64 4R 121 sqm £3,718 11
Clos Glascoed, Dinas Powys, CF64 4R 98 sqm £3,686 11
Caerwent Close, Dinas Powys, CF64 4Q 94 sqm £3,294 10
Clos Derwen, Dinas Powys, CF64 4B 112 sqm £3,959 10
Heol Y Frenhines, Dinas Powys, CF64 4U 82 sqm £3,113 10
Pen-Y-Turnpike Road, Dinas Powys, CF64 4H 264 sqm £3,434 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 £3,459 10
Bryneithin, Dinas Powys, CF64 4B 113 sqm £2,926 9

Heol Hartrey, Dinas Powys, CF64 4R has seen 10 new build sales in the last 4 years (average price £264,602). These new build homes typically have an internal area of 81 sqm, with an average price of £3,459 sqm. This £sqm average is £-41 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
13, Heol Y Frenhines, Dinas Powys, Penarth £240,000
Mar-2024
69 3,478
16, St Winifreds Close, Dinas Powys, Penarth £190,000
Feb-2024
57 3,333
49, Raglan Close, Dinas Powys, Penarth £247,500
Feb-2024
82 3,018

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