Property trends for CF64

    CF64 covers the southern and central areas of the Vale of Glamorgan in South Wales, including neighbourhoods around Penarth and Dinas Powys. The district blends suburban residential character with strong community appeal and good transport links to Cardiff.

    At a Glance

    Average Property Price - CF64

    £403,147

    67

    National percentile

    Average Monthly Rent - CF

    £950

    41

    National percentile

    Average Net Household Income - CF64

    £41,492

    64

    National percentile

    Flat / Maisonette Yield - CF

    5.2%

    28

    National percentile

    10-Year Annualised Price Growth - CF64

    3.8%

    59

    National percentile

    10-Year Annualised Rent Growth - CF

    4.8%

    90

    National percentile

    Property Price & Volume Trends

    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.

    Rent & Yield Trends

    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.

    Income & Affordability Trends

    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.

    Resident Demographic Profile

    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.

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