Area Guide For Cardiff

The capital of Wales, Cardiff is one of the two major cities in the country, and serves as its economic backbone. Part of the Glamorgancounty, Cardiff is also among the Eurocities network and is one of the most popular tourist destinations in the United Kingdom. There are a lot of ongoing development projects in the area and residents can enjoy both cultural and sporting events. Whether you are a professional looking for an area with business facilities or want to settle down in a popular urban area, Cardiff would be a good bet.


Cardiff Map

Estimated Price: £225,189
Average Asking Price: £266,844
Price change in last one year: £18,129
Average Price Paid: £188,168
Average Rent Rates: £1,226


Property Prices Breakdown in Cardiff

Average Price for property in Cardiff is around £225,189 which varies based on type of property you are interested in and ranges from £353,769 for detached house to around £219,880 for semi-detached. Similarly terraced house is around £184,053 and a flat is worth £196,510. Values have been changing and have risen £1,184 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,983 in last 6 months, £18,129 in last 1 year, £24,818 in last 2 years, £30,689 in last 3 years, £31,196 in last 4 years and £28,792 in last 5 years.

Currently average asking price of a property in Cardiff is around £266,844 based on approximately 4,743 properties for sale. Same is the case with rental options based on 2,368 properties up for rent, average asking rent is around £1,226 per month.

Estimated property value in Cardiff is £225,189. Average asking price is £266,844 while average price paid is £196,652 which is up by £18,129 and Avg. asking rent £1,226.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cardiff area. In last 1 year alone average price buyer paid is around £196,652 based on approximately 4,743 sales in Cardiff area alone. If you compare it to last 3 years sales of 13,235 properties where buyers paid around £190,542. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £188,168 for 21,247 and average amount paid for purchase of approx. 29,181 properties sold in last 7 years comes to about £185,156 per sale.


Properties For Sale in Cardiff


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £112,157, £163,984 for a 2 bedroom house, £208,958 for a 3 bedroom house, £403,428 for a 4 bedroom house and £616,294 for a 5 bedroom house. For a flat similarly the prices varies from £111,808 for a single bedroom to £160,923 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £201,117. To sum up the asking prices for properties in Cardiff it comes to around average £111,848 for 1 bedroom property, £162,012 for 2 bedroom, £208,290 for 3 bedroom, £403,428 for 4 bedroom and £616,294 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £493 for 1 bedroom to £695 for 2 bedrooms, £838 for 3 bedrooms, £1,071 for 4 bedrooms and £1,306 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £542. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £711, £910 for 3 bedroom, £3,613 for 4 bedroom and around £1,397 for 5 bedroom flat. You should be generally be expecting around average £534 rent per month for single bedroom property, £707 for 2 bedroom, £865 for 3 bedroom, £1,353 for 4 bedroom and approximately £1,314 for a 5 bedroom property in Cardiff area.

Popular Houses in Cardiff

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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