Property trends for CF10

    CF10 covers Cardiff city centre and its immediate surroundings in the heart of Wales's capital. It is a vibrant, densely populated urban district with strong appeal to young professionals and students.

    At a Glance

    Average Property Price - CF10

    £197,387

    11

    National percentile

    Average Monthly Rent - CF

    £950

    41

    National percentile

    Average Net Household Income - CF10

    £35,436

    34

    National percentile

    Flat / Maisonette Yield - CF

    5.2%

    28

    National percentile

    10-Year Annualised Price Growth - CF10

    2.2%

    11

    National percentile

    10-Year Annualised Rent Growth - CF

    4.8%

    90

    National percentile

    Property Price & Volume Trends

    The average property price of £197,000 sits well below the national average, placing it among the most affordable parts of the UK. Over the past decade, prices have grown at 2.2% annually—significantly slower than the national trend. Transaction activity has slowed markedly, with 192 sales in the latest year compared to a 10-year average of 306 per year.

    Rent & Yield Trends

    Monthly rents of £950 are close to the national median. Rental growth has been strong, however, at 4.8% annually over the past decade—well above the national average. The flat yield of 5.2% is notably higher than the 10-year average of 4.5%, reflecting improving returns for buy-to-let investors.

    Income & Affordability Trends

    Average household income of £35,436 is below the national average. The price-to-income ratio of 5.5x has improved substantially since 2016 (when it stood at 6.3x), indicating better purchase affordability. Rental affordability has also edged slightly in tenants' favour, with the rent-to-income ratio falling from 26.4% in 2016 to 26% today.

    Resident Demographic Profile

    This is an exceptionally young neighbourhood: 45% of residents are aged 16–24, nearly four times the national average, reflecting its status as a major student and young professional hub. Home ownership is markedly low, with just 29.4% owning outright or with a mortgage against the national average of 60.7%; conversely, 54.4% rent privately, more than double the national norm. Professional and technical occupations are overrepresented, together accounting for 43.1% of the workforce, while trades workers are significantly underrepresented at 4.6%.

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