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.