House Prices in CF64 House Prices in CF64 (Penarth & Dinas Powys)

The average house price in CF64 (Penarth & Dinas Powys) is £449,980 using HM Land Registry data.

The average property price increased by £141,422 (26.88%) over the last 5 years and increased by £28,272 (4.03%) over the last 12 months.

Over the last year, there were 418 residential property sales – a decrease of 211 transactions (-50.48%) relative to the previous year. The majority of house sales (134) were in the £180,000 - £296,000 range. Then came properties in the £296,000 - £412,000 range, where 105 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,807 (-2%).

In June 2024, there were 74 new estate agency instructions, 64 agreed home sales and 60 property price reductions.

5-Year Average Property Prices in CF64 (Penarth & Dinas Powys)

26.88%

Property prices in Penarth & Dinas Powys increased by 26.88% 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 CF64 (Penarth & Dinas Powys) Over the Last Year

4.03%

Property prices in Penarth & Dinas Powys increased by 4.03% 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 CF64 (Penarth & Dinas Powys) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 CF64 (Penarth & Dinas Powys)

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 CF64 (Penarth & Dinas Powys)

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 CF64 (Penarth & Dinas Powys)

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 CF64 (Penarth & Dinas Powys) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CF64 postcode area since 1995.

Recent Sales in CF64 (Penarth & Dinas Powys)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Queens Road, Penarth, The Vale Of Glamorgan, CF64 1DL£300,000£285,000-£15,00011 Nov 202313 May 2024184 Days
21 Ivy Street, Penarth, The Vale Of Glamorgan, CF64 2TY£425,000£420,000-£5,00008 Jan 202413 May 2024126 Days
74 Murch Road, Dinas Powys, The Vale Of Glamorgan, CF64 4RE£675,000£617,500-£57,50010 Sep 201526 Apr 20243151 Days
Flat 16, Cwrt Jubilee, Plymouth Road, Penarth, The Vale Of Glamorgan, CF64 3DQ£125,000£125,000£0014 Nov 201722 Apr 20242351 Days
46 Millbrook Road, Dinas Powys, The Vale Of Glamorgan, CF64 4DA£415,000£395,000-£20,00026 Dec 202319 Apr 2024115 Days
3 Summerland Crescent, Llandough, Penarth, The Vale Of Glamorgan, CF64 2PJ£310,000£280,000-£30,00008 Nov 202319 Apr 2024163 Days
13 Dryden Road, Penarth, The Vale Of Glamorgan, CF64 2RT£309,950£299,000-£10,95008 Nov 202312 Apr 2024156 Days
96 Queens Road, Penarth, The Vale Of Glamorgan, CF64 1DH£310,000£300,000-£10,00002 Mar 202412 Apr 202441 Days
123 Windsor Road, Penarth, The Vale Of Glamorgan, CF64 1JF£525,000£511,000-£14,00010 Jan 202409 Apr 202490 Days
14 Hastings Place, Penarth, The Vale Of Glamorgan, CF64 2TD£375,000£362,500-£12,50026 Dec 202326 Mar 202491 Days
103 South Road, Sully, Penarth, The Vale Of Glamorgan, CF64 5SN£395,000£360,000-£35,00030 Aug 202323 Mar 2024206 Days
1 Aberdovey Close, Dinas Powys, The Vale Of Glamorgan, CF64 4PS£315,000£305,000-£10,00019 Jun 202322 Mar 2024277 Days
71 Highwalls Avenue, Dinas Powys, The Vale Of Glamorgan, CF64 4AQ£825,000£735,000-£90,00019 Oct 202315 Mar 2024148 Days
10 St Annes Avenue, Penarth, The Vale Of Glamorgan, CF64 3PG£595,000£545,000-£50,00019 Sep 202301 Mar 2024164 Days
22 Conybeare Road, Sully, Penarth, The Vale Of Glamorgan, CF64 5US£285,000£280,000-£5,00025 May 202301 Mar 2024281 Days
16 Whitcliffe Drive, Penarth, The Vale Of Glamorgan, CF64 5RY£825,000£785,000-£40,00006 Sep 202328 Feb 2024175 Days
1 Burnham Avenue, Sully, Penarth, The Vale Of Glamorgan, CF64 5SU£620,000£620,000£0019 Sep 202328 Feb 2024162 Days
11 Upper Cosmeston Farm, Penarth, The Vale Of Glamorgan, CF64 5UB£550,000£525,000-£25,00028 Sep 202323 Feb 2024148 Days
8 Cedar Way, Penarth, The Vale Of Glamorgan, CF64 3NL£280,000£273,500-£6,50029 Sep 202323 Feb 2024147 Days
27 Robinswood Crescent, Penarth, The Vale Of Glamorgan, CF64 3JF£735,000£725,000-£10,00013 Sep 202322 Feb 2024162 Days

Most Expensive Streets in CF64 (Penarth & Dinas Powys)

PostcodeStreetAreaAverageNo. of Sales
CF64 3BGMarine Parade, PenarthPenarth & Dinas Powys£1,853,3333
CF64 5BPCliff Parade, PenarthPenarth & Dinas Powys£1,808,3333
CF64 3BDPark Road, PenarthPenarth & Dinas Powys£1,472,5004
CF64 3DBPlymouth Road, PenarthPenarth & Dinas Powys£1,283,0005
CF64 5DGPlymouth Road, PenarthPenarth & Dinas Powys£1,167,5004
CF64 5UJSwanbridge, PenarthPenarth & Dinas Powys£1,131,6663
CF64 4HGPenyturnpike Road, Dinas PowysPenarth & Dinas Powys£1,043,9287
CF64 4ASTwyncyn, Dinas PowysPenarth & Dinas Powys£1,002,0005
CF64 3EAStanwell Road, PenarthPenarth & Dinas Powys£947,5004
CF64 3HNCwrt Y Vil Road, PenarthPenarth & Dinas Powys£943,7385

Least Expensive Streets in CF64 (Penarth & Dinas Powys)

PostcodeStreetAreaAverageNo. of Sales
CF64 2NFCogan Court, Cogan Pill RoadPenarth & Dinas Powys£107,8333
CF64 4DNThe Gables, Dinas PowysPenarth & Dinas Powys£120,1905
CF64 2LHRowan House, Bridge Street, PenarthPenarth & Dinas Powys£121,2374
CF64 2NQCogan Court, Cogan Pill RoadPenarth & Dinas Powys£122,5905
CF64 1NRHomeside House, Bradford PlacePenarth & Dinas Powys£125,55729
CF64 2LJGainsborough Court, Bridge Street, PenarthPenarth & Dinas Powys£126,2504
CF64 5QGCourtlands, Hayes RoadPenarth & Dinas Powys£130,09011
CF64 3DQCwrt Jubilee, Plymouth RoadPenarth & Dinas Powys£134,71720
CF64 2LNTuscan Close, LlandoughPenarth & Dinas Powys£137,2504
CF64 5QEWoodlands, Hayes RoadPenarth & Dinas Powys£140,19510

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