Property trends for CF64

The latest average property price in CF64 is £403,000, positioning it above the national midpoint. Over the past decade, prices have grown at 3.8% annually—a pace slightly below the national average, reflecting more modest capital appreciation than faster-growing regions. Transaction volumes have declined from their 10-year norm, with 524 sales in the latest year against an average of 648, suggesting a softer recent market compared to the longer-term trend.

Average monthly rent stands at £950, below the national median and making the area relatively affordable for tenants. Rental growth has been notably strong, with 10-year annualised growth of 4.8% placing the area among the fastest-growing rental markets nationally. The flat yield has improved to 5.2%, up from a 10-year average of 4.5%, indicating strengthening investor returns in recent times.

Household incomes average £41,492, positioning the area above the national median and reflecting a reasonably affluent population. Purchase affordability has softened slightly: the price-to-income ratio stands at 10.1x compared to 9.1x in 2016, suggesting property has become less affordable relative to earnings over that period. Rental affordability has remained stable, with the rent-to-income ratio at 26% compared to 26.4% seven years ago, indicating rents have kept broadly in line with income growth.

The population skews noticeably older than the national average: those aged 65 and over account for 24.2% of residents, well above the 19.6% national figure, while the 16–24 age group at 7.5% is substantially below the national 11%. Housing tenure reflects strong owner-occupation, with 41.2% owning outright and 32.3% with mortgages—both well above national averages—whilst private and social rented sectors are proportionately smaller. The employment profile is distinctly weighted towards professional and managerial roles: professionals make up 29.9% of the workforce (against 20.5% nationally) and managers 15.7% (versus 13.4%), with trades and elementary roles correspondingly under-represented.