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House Prices in CF23

The average house price in CF23 (Cardiff) is £243,213 using HM Land Registry data.

The average property price increased by £113,492 (21.29%) over the last 5 years and increased by £22,688 (3.32%) over the last 12 months.

Over the last year, there were 420 residential property sales – a decrease of 198 transactions (-47.14%) relative to the previous year. The majority of house sales (135) were in the £150,000 - £240,000 range. Then came properties in the £240,000 - £330,000 range, where 76 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 51 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,944 (-2%).

In June 2024, there were 78 new estate agency instructions, 50 agreed home sales and 38 property price reductions.

5-Year Average Property Prices in CF23 (Cardiff)

21.29%

Property prices in Cardiff increased by 21.29% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CF23 (Cardiff) Over the Last Year

3.32%

Property prices in Cardiff increased by 3.32% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for CF23 (Cardiff) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CF23 (Cardiff)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CF23 (Cardiff)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CF23 (Cardiff)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CF23 (Cardiff) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CF23 postcode area since 1995.

Recent Sales in CF23 (Cardiff)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
10 Morlais Street, Cardiff, CF23 5HQ	£520,000	£500,000	-£20,000	16 Sep 2023	17 May 2024	244 Days
24 Queenwood, Penylan, Cardiff, CF23 9LE	£285,000	£275,000	-£10,000	09 Jan 2024	03 May 2024	115 Days
37 Pennant Crescent, Cardiff, CF23 6LN	£250,000	£240,000	-£10,000	15 Jan 2024	30 Apr 2024	106 Days
49 Forsythia Drive, Cardiff, CF23 7HP	£300,000	£294,610	-£5,390	03 Oct 2023	12 Apr 2024	192 Days
5 Melrose Avenue, Penylan, Cardiff, CF23 9AR	£450,000	£435,000	-£15,000	12 Jan 2024	12 Apr 2024	91 Days
2 Queensberry Road, Penylan, Cardiff, CF23 9JJ	£330,000	£300,000	-£30,000	07 Jul 2023	12 Apr 2024	280 Days
37 The Fairway, Cardiff, CF23 6RF	£375,000	£355,000	-£20,000	10 Jan 2024	11 Apr 2024	92 Days
31 Waun Fach, Cardiff, CF23 7BA	£260,000	£255,000	-£5,000	08 Aug 2023	11 Apr 2024	247 Days
110 Round Wood, Llanedeyrn, Cardiff, CF23 9PH	£169,950	£169,950	£00	14 Nov 2023	10 Apr 2024	148 Days
5 Oakmead Close, Pontprennau, Cardiff, CF23 8AZ	£360,000	£353,000	-£7,000	11 Mar 2024	05 Apr 2024	25 Days
91b, Hollybush Road, Cardiff, CF23 6SZ	£230,000	£223,000	-£7,000	13 Nov 2023	22 Mar 2024	130 Days
104 Glyn Rhosyn, Pentwyn, Cardiff, CF23 7DT	£270,000	£260,000	-£10,000	18 Oct 2023	08 Mar 2024	142 Days
29 Earl's Court Road, Penylan, Cardiff, CF23 9DE	£565,000	£561,000	-£4,000	16 Oct 2023	08 Mar 2024	144 Days
111 Wellwood, Llanedeyrn, Cardiff, CF23 9JS	£220,000	£215,000	-£5,000	09 Nov 2023	08 Mar 2024	120 Days
9 Padarn Close, Cardiff, CF23 6ER	£625,000	£600,000	-£25,000	13 Nov 2023	08 Mar 2024	116 Days
54 Bryn Pinwydden, Cardiff, CF23 7DE	£265,000	£260,000	-£5,000	03 Nov 2023	29 Feb 2024	118 Days
25 Waterloo Close, Cardiff, CF23 5ED	£315,000	£305,000	-£10,000	01 Dec 2023	23 Feb 2024	84 Days
22 The Farthings, Pontprennau, Cardiff, CF23 8ET	£350,000	£345,000	-£5,000	22 Sep 2023	16 Feb 2024	147 Days
230 Coed Y Gores, Llanedeyrn, Cardiff, CF23 9NL	£130,000	£128,559	-£1,441	31 May 2023	14 Feb 2024	259 Days
71 Hill Rise, Cardiff, CF23 6UJ	£245,000	£240,000	-£5,000	23 Aug 2023	09 Feb 2024	170 Days

Most Expensive Streets in CF23 (Cardiff)

Postcode	Street	Area	Average	No. of Sales
CF23 6JG	Llandennis Avenue	Cardiff	£1,799,000	3
CF23 6JD	Llandennis Avenue	Cardiff	£1,370,000	3
CF23 6RX	Cyncoed Road	Cardiff	£1,001,666	3
CF23 5QY	Lake Road West	Cardiff	£885,000	3
CF23 5HB	Tydraw Road, Penylan	Cardiff	£884,770	5
CF23 5PJ	Lake Road West	Cardiff	£822,500	4
CF23 6SY	Hollybush Road	Cardiff	£816,666	3
CF23 6RS	Cyncoed Road	Cardiff	£814,250	4
CF23 6SE	Westminster Crescent	Cardiff	£813,333	3
CF23 5NN	Lake Road East	Cardiff	£805,000	3

Least Expensive Streets in CF23 (Cardiff)

Postcode	Street	Area	Average	No. of Sales
CF23 9NA	Lincoln Court, Llanedeyrn	Cardiff	£79,166	3
CF23 9JY	Coed Edeyrn, Llanedeyrn	Cardiff	£83,875	4
CF23 9JW	Coed Edeyrn, Llanedeyrn	Cardiff	£86,625	4
CF23 9JZ	Coed Edeyrn, Llanedeyrn	Cardiff	£91,716	9
CF23 9JX	Coed Edeyrn, Llanedeyrn	Cardiff	£94,092	19
CF23 9NL	Coed Y Gores, Llanedeyrn	Cardiff	£105,853	3
CF23 6UW	Glenwood	Cardiff	£112,362	4
CF23 9QB	Awel Mor, Llanedeyrn	Cardiff	£113,720	15
CF23 9JU	Lee Close, Llanedeyrn	Cardiff	£123,166	3
CF23 9NU	Coed Y Gores, Llanedeyrn	Cardiff	£124,000	3