Key indicators for buyers
The CF99 market is moderately favourable for buyers. Prices are rising at 16.0%, which may favour acting sooner rather than later. Affordability has improved from a peak of 8.3x in 2021 to 7.0x today. Rising rents (£1,154/mo, +5.6%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
The average property in CF99 sold for £47,000,000 in 2019, with a median of £47,000,000 across 1 transactions. Prices rose 16.0% compared to the previous year.
House price ÷ median earnings · ONS data
Affordability data shown for wider Cardiff area
A home in Cardiff costs 7.0x the local median salary — moderate, improving from a peak of 8.3x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Cardiff area
Average monthly rent in Cardiff is £1,154, up 5.6% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Cardiff price of £47,000,000 with a 25% deposit (£11.8M), a 2-year fixed mortgage at 3.97% costs around £185,479 per month.
Monthly cost comparison based on current data
Uses CF99 avg. price with Cardiff rental data
Monthly mortgage payments (£185,479) are £184,325 more than renting (£1,154). However, buying requires an upfront deposit of £11.8M — it would take around 979167 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
NATIONAL ASSEMBLY FOR WALES CF99 1NA | Other | £47,000,000 | 17 Jan 2019 |
NATIONAL ASSEMBLY FOR WALES CF99 1NA | Other | £40,500,000 | 4 Mar 2014 |
The most recent recorded sale in CF99 was a other property for £47,000,000 in January 2019. Across the last 2 sales, the median price was £47,000,000.
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.