Property trends for CF62

    CF62 covers areas in the Vale of Glamorgan, in the south Wales coastal region. It is a mixed suburban and semi-rural locality with appeal to families and those seeking a more spacious setting outside major urban centres.

    At a Glance

    Average Property Price - CF62

    £279,356

    36

    National percentile

    Average Monthly Rent - CF

    £950

    41

    National percentile

    Average Net Household Income - CF62

    £36,486

    41

    National percentile

    Flat / Maisonette Yield - CF

    5.2%

    28

    National percentile

    10-Year Annualised Price Growth - CF62

    4.4%

    78

    National percentile

    10-Year Annualised Rent Growth - CF

    4.8%

    90

    National percentile

    Property Price & Volume Trends

    The latest average property price in CF62 is £279,000, placing it below the national average. Over the past decade, prices have grown at 4.4% annually — a notably stronger rate than most UK postcodes, positioning it among the fastest-growing areas nationally. Transaction volumes have slowed: the latest full year saw 566 sales, down from a ten-year average of 748, reflecting reduced activity in the market.

    Rent & Yield Trends

    Average monthly rent in the broader CF area is £950, slightly below the national average. Rental growth has been robust, rising 4.8% annually over the past decade — among the strongest rent growth rates in the country. The flat yield currently stands at 5.2%, a meaningful improvement on the ten-year average of 4.5%, indicating a shift towards better returns for landlords in recent years.

    Income & Affordability Trends

    Household incomes average £36,486, broadly in line with the national median. The price-to-income ratio of 7.3x indicates that buying has become less affordable since 2016, when the ratio stood at 6.6x. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 26.4% to 26%, suggesting rents are consuming a marginally smaller share of household earnings.

    Resident Demographic Profile

    The age profile is broadly balanced with national patterns, though there is a slightly higher proportion of under-15s (19.3% against a national 17.5%), suggesting a family-orientated population. Homeownership with a mortgage is notably above average at 34.4% compared to the national 27%, reflecting a high proportion of households in active mortgage-paying years. The workforce shows a higher concentration in technical roles (15.6% versus 13.2% nationally) and caring professions (12% against 9.2%), while managerial representation is somewhat below average at 10.8%.

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