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  • Writer's pictureConrad Binding

CF64 Property Market Insights - September 2023




CF64 overview

  • Over the last 12 months the average sales price in CF64 was £344,530. The total value of sales was £166,708,647.

  • 23% of sales in the past 12 months were flats, achieving an average sales price of £202,364. Houses achieved an average price of £405,662.

  • The highest value recorded by the Land Registry over the past 12 months was £725,000 for a flat and £2,950,000 for a house.


 

460

Total transactions


Top transactions over the last three months


  • £2.95M - MARINE PARADE, CF64

  • £1.16M - PLYMOUTH ROAD, CF64

  • £775K - TURNPIKE CLOSE, CF64

  • £650K - CAE CANOL, CF64

  • £640K - KNOWBURY AVENUE, CF64

 

34% lower

Change in total transactions


Over the last three months


  • £29.3m - The total value of property sold

  • 18% - % of Total - Flats

  • 0% - % of Total - New Build


 

HAYES ROAD, CF64

Street with most transactions


 

£344,530

Average price

over past 12 months


6% higher

Annual change in average sales price


28% higher

5 year change in average sales price



 

CF64 Transactions by month



CF64 Annual % change in transactions


CF64 Transactions by month – adjusted



CF64 Transactions by property type


 

Average prices by property type

over the past 12 months

£382,503

New build properties

Average prices by property type

over the past 12 months

£202,364

Flat

 


Average prices by property type

over the past 12 months

£326,021

Terraced house

Average prices by property type

over the past 12 months

£540,075

Detached

Average prices by property type

over the past 12 months

£408,307

Semi-detached

Average prices by property type

over the past 12 months

£405,662

All houses


CF64 Average prices by bedrooms and type


CF64 Annual change in average price by bedroom and type



 

CF64 lettings overview


  • Over the last 12 months, the average rent achieved for homes let in CF64 was £1,023 per month. This is a +4% change on the previous 12 month period.

  • 51% of homes let in the past 12 months were flats, achieving an average rental value of £900 per month. Houses achieved an average rent of £1,171 per month.

  • 23% of renters are aged between 25 and 29.


 

£1,023

Average monthly rent

Homes let in past 12 months


4% increase

Annual change in average rent



37

Average age of renters

Renters in past 12 months


CF64 Annual % change in average rents


CF64 Average rents by bedroom and type



CF64 Change in average rents by bedroom and type


CF64 Profile of homes let



CF64 Profile of homes let by bedroom and type



CF64 Age profile of renters




 

CF64 population overview


37,528

Size of resident population


  • There are 13.1 residents per hectare which is a higher population density than across the region as a whole. In 2021 there were 37,528 people living within CF64. The overall population increased by 3.1% in the ten years between 2011 and 2021.

  • 12.6% of the population are aged between 35 and 44 which is above the regional average. 31.6% of households comprise just one person while 36.1% of households include families with children.

  • The most predominant industry of employment is Public admin, education & health which comprises 37.1% of the working age population.


 

65+

Predominant age group



36.1%

% households families with children



31,687

Size of the workday population



3.1%

Population growth 2011–2021



CF64 Travel to work


CF64 Socio-economic profile




 

16,304

Number of dwellings


  • 75.6% of residents within CF64 own their own homes while 14.7% live in privately rented accommodation.

  • In 2021 there were 16,304 dwellings within CF64. 20.7% of properties are flats while houses make up 79.3% of housing stock.

  • In the last five years there have been 535 new homes built across CF64, an average of 107 per year.


 

Semi-detached

Most prevalent housing type



14.7%

% of household renting privately



535

New homes built

last 5 years


 

End of the market insight


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If you are interested in how much your assets are worth, please call us on 02921690350 or email us at barry@remax.co.uk


Your local estate agent, RE/MAX Estate Agents Barry.



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