Property trends for CF31

    CF31 covers central and southern districts of Cardiff, Wales's capital city, positioned as part of the broader urban conurbation. The area blends residential neighbourhoods with access to the city's employment and cultural amenities.

    At a Glance

    Average Property Price - CF31

    £243,168

    26

    National percentile

    Average Monthly Rent - CF

    £950

    41

    National percentile

    Average Net Household Income - CF31

    £35,921

    37

    National percentile

    Flat / Maisonette Yield - CF

    5.2%

    28

    National percentile

    10-Year Annualised Price Growth - CF31

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - CF

    4.8%

    90

    National percentile

    Property Price & Volume Trends

    The average property price of £243,000 sits below the national average, placing it among the more affordable quarters nationally. Over the past decade, growth has been notably strong at 4.8% annually—among the fastest-growing areas in the UK. Transaction activity in the latest year was 615, moderately below its 10-year average of 708 per annum.

    Rent & Yield Trends

    Average monthly rent of £950 is close to the national midpoint. Rent growth over the past decade has been exceptionally robust at 4.8% per year, substantially outpacing the national trend. The flat yield currently stands at 5.2%, above its 10-year average of 4.5%, reflecting stronger rental returns in the present market.

    Income & Affordability Trends

    Average household income of around £36,000 is below the national average. The price-to-income ratio of 6.5x has widened since 2016 (when it stood at 5.6x), indicating that property affordability has become tighter relative to local earnings. Rental affordability has improved slightly: the rent-to-income ratio has eased from 26.4% to 26%, a modest gain.

    Resident Demographic Profile

    The age profile is notably weighted towards the 35–49 bracket (20.1%, above the national average of 18.7%), whilst young adults aged 16–24 are underrepresented at 9% compared to the national 11.0%. Housing tenure is more balanced than nationally: mortgage ownership is significantly higher at 32.3% versus the national 27.0%, whilst private rental is considerably lower at 16.9% against 21.7%. Employment is broadly aligned with national patterns, though caring professions are notably stronger at 10.2% versus the national 9.2%.

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