House Prices in CF23 House Prices in CF23 (Cardiff)

The average house price in CF23 (Cardiff) is £300,664 using HM Land Registry data.

The average property price increased by £73,147 (21.29%) over the last 5 years and increased by £14,656 (3.32%) over the last 12 months.

Over the last year, there were 426 residential property sales – a decrease of 145 transactions (-34.04%) relative to the previous year. The majority of house sales (117) were in the £150,000 - £236,000 range. Then came properties in the £236,000 - £322,000 range, where 83 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 156 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,437 (-2%).

In Dec 24, there were 57 new estate agency instructions, 42 agreed home sales and 28 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.

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).

Property Market Heat Gauge for CF23 (Cardiff) - Dec 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Clos Dol Heulog, Pontprennau, Cardiff, CF23 8AT£375,000£365,000-£10,00020 Jun 202414 Nov 2024147 Days
16 Deri Road, Cardiff, CF23 5AJ£500,000£483,000-£17,00007 May 202411 Nov 2024188 Days
42 Doe Close, Penylan, Cardiff, CF23 9HJ£325,000£325,000£0007 May 202408 Nov 2024185 Days
65 Lascelles Drive, Pontprennau, Cardiff, CF23 8NU£265,000£260,000-£5,00018 Apr 202407 Nov 2024203 Days
29 Hollington Drive, Pontprennau, Cardiff, CF23 8PG£260,000£255,000-£5,00031 Jul 202406 Nov 202498 Days
92 Chapel Wood, Llanedeyrn, Cardiff, CF23 9EG£70,000£70,000£0002 May 202404 Nov 2024186 Days
19 Cottingham Drive, Pontprennau, Cardiff, CF23 8QG£255,000£242,000-£13,00009 Apr 202404 Nov 2024209 Days
41 Waun Fach, Cardiff, CF23 7BB£315,000£300,000-£15,00015 Jan 202401 Nov 2024291 Days
11 Ullswater Avenue, Cardiff, CF23 5PT£500,000£495,000-£5,00024 Mar 202425 Oct 2024215 Days
6 Gardenia Close, Cardiff, CF23 7HU£350,000£322,000-£28,00013 Apr 202417 Aug 2024126 Days
75 Melrose Avenue, Penylan, Cardiff, CF23 9AT£480,000£475,000-£5,00022 Jul 202316 Aug 2024391 Days
65 Gwernrhuddi Road, Cardiff, CF23 6PS£425,000£412,400-£12,60009 Mar 202431 Jul 2024144 Days
10 Maes Y Bryn, Pontprennau, Cardiff, CF23 8XQ£350,000£350,000£0015 Mar 202429 Jul 2024136 Days
2 Lilburne Close, Pontprennau, Cardiff, CF23 8LW£220,000£215,000-£5,00005 Apr 202426 Jul 2024112 Days
3 Maes Yr Hedydd, Pontprennau, Cardiff, CF23 8LJ£400,000£387,000-£13,00021 Feb 202425 Jul 2024155 Days
9 Cressfield Drive, Pontprennau, Cardiff, CF23 8NT£299,950£299,950£0015 Mar 202411 Jul 2024118 Days
62 Heddfan North, Cardiff, CF23 7EB£174,000£170,000-£4,00008 Feb 202404 Jul 2024147 Days
11 Ffordd Cwellyn, Cardiff, CF23 5NB£550,000£530,000-£20,00002 Nov 202328 Jun 2024239 Days
2 Clos Nant Mwlan, Pontprennau, Cardiff, CF23 8NA£375,000£362,500-£12,50023 Oct 202328 Jun 2024249 Days
5 Baber Close, Cardiff, CF23 9BX£325,000£325,000£0006 Mar 202424 Jun 2024110 Days

Most Expensive Streets in CF23 (Cardiff)

PostcodeStreetAreaAverageNo. of Sales
CF23 6JGLlandennis AvenueCardiff£1,799,0003
CF23 6JDLlandennis AvenueCardiff£1,370,0003
CF23 6RXCyncoed RoadCardiff£1,001,6663
CF23 5QYLake Road WestCardiff£885,0003
CF23 5HBTydraw Road, PenylanCardiff£884,7705
CF23 6RSCyncoed RoadCardiff£835,6663
CF23 5PJLake Road WestCardiff£822,5004
CF23 6SYHollybush RoadCardiff£816,6663
CF23 6NPDuffryn RoadCardiff£799,1254
CF23 5HDTydraw Road, PenylanCardiff£780,0004

Least Expensive Streets in CF23 (Cardiff)

PostcodeStreetAreaAverageNo. of Sales
CF23 9NALincoln Court, LlanedeyrnCardiff£84,8754
CF23 9JYCoed Edeyrn, LlanedeyrnCardiff£88,1663
CF23 6UWGlenwoodCardiff£89,8163
CF23 9JZCoed Edeyrn, LlanedeyrnCardiff£92,8279
CF23 9JXCoed Edeyrn, LlanedeyrnCardiff£95,38315
CF23 9JWCoed Edeyrn, LlanedeyrnCardiff£97,1124
CF23 9QBAwel Mor, LlanedeyrnCardiff£118,92516
CF23 9QAAwel Mor, LlanedeyrnCardiff£120,6669
CF23 7JBBrynheulog, PentwynCardiff£124,5004
CF23 5AZRedwell Court, Ty Gwyn RoadCardiff£124,6666

Explore CF23 (Cardiff) using map