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House Prices in SA43 House Prices in SA43 (Cardigan)

The average house price in SA43 (Cardigan) is £249,187 using HM Land Registry data.

The average property price increased by £91,367 (40.56%) over the last 5 years and increased by £18,307 (5.57%) over the last 12 months.

Over the last year, there were 142 residential property sales – a decrease of 10 transactions (-7.04%) relative to the previous year. The majority of house sales (39) were in the £202,000 - £254,000 range. Then came properties in the £150,000 - £202,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 122 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,488 (-4%).

In Dec 24, there were 17 new estate agency instructions, 8 agreed home sales and 23 property price reductions.

Nearby Postcodes: SA33, SA34, SA35, SA36, SA37, SA38, SA39, SA40, SA41, SA42, SA44, SA45, SA47, SA48, SA65, SA66

5-Year Average Property Prices in SA43 (Cardigan)

40.56%

Property prices in Cardigan increased by 40.56% 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 SA43 (Cardigan) Over the Last Year

5.57%

Property prices in Cardigan increased by 5.57% 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 SA43 (Cardigan) - 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 SA43 (Cardigan)

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 SA43 (Cardigan)

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 SA43 (Cardigan)

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 SA43 (Cardigan) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SA43 postcode area since 1995.

Recent Sales in SA43 (Cardigan)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Hillfield Place, Parcllyn, Cardigan, Ceredigion, SA43 2DJ£199,950£185,000-£14,95011 Jun 202422 Nov 2024164 Days
26 Heol Derw, Cardigan, Ceredigion, SA43 1NH£259,950£255,000-£4,95001 Aug 202428 Oct 202488 Days
16 Feidrfair, Cardigan, Ceredigion, SA43 1DU£130,000£130,000£0026 Apr 202425 Oct 2024182 Days
Heddfan, Glanarberth, Llechryd, Cardigan, Ceredigion, SA43 2QQ£390,000£380,000-£10,00003 Jan 202424 Oct 2024295 Days
27 Clos Y Fferm, Aberporth, Cardigan, Ceredigion, SA43 2BH£189,000£185,000-£4,00012 Jan 202415 Oct 2024277 Days
1 Heol Ty Newydd, Cilgerran, Cardigan, Pembrokeshire, SA43 2RS£175,000£172,500-£2,50014 Jun 202411 Oct 2024119 Days
9 William Street, Cardigan, Ceredigion, SA43 1EL£190,000£190,000£0015 May 202407 Oct 2024145 Days
Plas Y Berth, Penllyn, Cilgerran, Cardigan, Pembrokeshire, SA43 2RZ£320,000£300,000-£20,00018 Jun 202410 Sep 202484 Days
Bryn Y Wawr, Caemorgan Road, Cardigan, Ceredigion, SA43 1QU£475,000£465,000-£10,00015 Jan 202409 Sep 2024238 Days
7 Pennar Road, Parcllyn, Cardigan, Ceredigion, SA43 2DG£170,000£157,500-£12,50020 Jun 202406 Sep 202478 Days
Llwyncelyn Farm, Llwyncelyn, Cilgerran, Cardigan, Pembrokeshire, SA43 2PE£139,000£130,000-£9,00011 Jun 202430 Aug 202480 Days
Maesteg, Llwyncelyn, Cilgerran, Cardigan, Pembrokeshire, SA43 2PE£325,000£293,000-£32,00028 Feb 202427 Aug 2024181 Days
8 Ger Y Llan, Cilgerran, Cardigan, Pembrokeshire, SA43 2SY£179,950£170,000-£9,95006 Apr 202427 Aug 2024143 Days
149 Maesglas, Cardigan, Ceredigion, SA43 1AZ£195,000£180,000-£15,00010 May 202419 Aug 2024101 Days
17 Y Rhos, Cardigan, Ceredigion, SA43 1NJ£240,000£239,000-£1,00012 Apr 202416 Aug 2024126 Days
18 Anwylfan, Aberporth, Cardigan, Ceredigion, SA43 2EL£255,000£245,000-£10,00008 Apr 202409 Aug 2024123 Days
5 Gelliwen, Llechryd, Cardigan, Ceredigion, SA43 2PQ£279,950£272,500-£7,45015 Sep 202307 Aug 2024327 Days
Caeronen, Gwbert Road, Cardigan, Ceredigion, SA43 1PH£365,000£347,000-£18,00026 Oct 202329 Jul 2024277 Days
Pengarth, Feidrhenffordd, Cardigan, Ceredigion, SA43 1NL£235,000£223,000-£12,00021 Mar 202429 Jul 2024130 Days
Brithdir, Bryn Awelon, Penparc, Cardigan, Ceredigion, SA43 1ER£550,000£545,000-£5,00016 Jun 202322 Jul 2024402 Days

Most Expensive Streets in SA43 (Cardigan)

PostcodeStreetAreaAverageNo. of Sales
SA43 2JLTresaithCardigan£753,4953
SA43 3DSSt DogmaelsCardigan£670,0003
SA43 1PRGwbertCardigan£484,2857
SA43 3LFSt DogmaelsCardigan£450,0003
SA43 2JGTresaithCardigan£442,3754
SA43 2JATanygroesCardigan£429,9833
SA43 2JHTresaithCardigan£400,8333
SA43 1PZFerwigCardigan£397,9905
SA43 1QAFerwigCardigan£397,9905
SA43 2ERFelin Road, AberporthCardigan£391,0003

Least Expensive Streets in SA43 (Cardigan)

PostcodeStreetAreaAverageNo. of Sales
SA43 1HJHigh StreetCardigan£66,3333
SA43 1LJQueens TerraceCardigan£110,0004
SA43 1BBFelin Ban EstateCardigan£121,7005
SA43 1NRMaeshenfforddCardigan£125,8313
SA43 2NWMaesyderi, LlechrydCardigan£128,5003
SA43 3JXRiverhill Cottages, St DogmaelsCardigan£142,0006
SA43 3ESMaeshyfryd, St DogmaelsCardigan£142,54510
SA43 1ELWilliam StreetCardigan£143,0003
SA43 2NULlechrydCardigan£143,1663
SA43 1DQBro TeifiCardigan£144,7504

Explore SA43 (Cardigan) using map

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