Local property market information for the serious investor

£29.05bn – The total value of all Cardiff Property Market

“How much would it cost to buy all the properties in Cardiff?”

This fascinating question was posed by the 14-year-old son of one of my Cardiff landlords when they both popped into my offices before the Christmas break (doesn’t that seem an age away now!). I thought to myself, that over the Christmas break, I would sit down and calculate what the total value of all the properties in Cardiff are worth … and just for fun, work out how much they have gone up in value since his son was born back in the autumn of 2002.

In the last 14 years, since the autumn of 2002, the total value of Cardiff property has increased by 73% or £12.26 billion to a total of £29.05 billion. Interesting, when you consider the FTSE100 has only risen by 68.9% and inflation (i.e. the UK Retail Price Index) rose by 38.7% during the same 14 years.

When I delved deeper into the numbers, the average price currently being paid by Cardiff households stands at £215,021.… but you know me, I wasn’t going to stop there, so I split the property market down into individual property types in Cardiff; the average numbers come out like this ..

Cardiff Property Market
Average Value of a Detached Property

Average Value of a Semi-Detached Property

Average Value of a Terraced/Town House Property Average Value of an Apartment
£361,107 £237,653 £189,008 £135,030

… yet it got even more fascinating when I multiplied the total number of each type of property by the average value. Even though detached houses are so expensive, when you compare them with the much cheaper terraced/town houses and semi-detached houses, you can quite clearly see detached properties are no match in terms to total pound note value of the terraced/town houses and semis.

Total Value of all the Cardiff Detached Properties Total Value of all the Cardiff Semi-Detached Properties Total Value of all the Cardiff Terraced/Town House Properties Total Value of all the Cardiff Apartments
£6,428,426,814 £9,758,745,139 £8,131,313,168 £4,736,312,280

So, what does this all mean for Cardiff?  Well as we enter the unchartered waters of 2017 and beyond, even though property values are already declining in certain parts of the previously over cooked Central London property market, the outlook in Cardiff remains relatively good as over the last five years, the local property market was a lot more sensible than central London’s.

Cardiff house values will remain resilient for several reasons. Firstly, demand for rental property remains strong with continued immigration and population growth.  Secondly, with 0.25 per cent interest rates, borrowing has never been so cheap and finally the simple lack of new house building in Cardiff not keeping up with current demand, let alone eating into years and years of under investment – means only one thing – yes it might be a bumpy ride over the next 12 to 24 months but, in the medium term, property ownership and property investment in Cardiff has always, and will always, ride out the storm.

Kate Gwinnutt

View more posts from this author
16 thoughts on “£29.05bn – The total value of all Cardiff Property Market
  1. Pingback: cialis over the counter

  2. Pingback: cialis 5 mg over the counter at walmart

  3. Pingback: real viagra for sale online

  4. vardenafil tablets

    Thanks for your whole work on this website. My niece takes pleasure in working on research and it is simple to grasp why. We all notice all relating to the powerful ways you render vital tricks via your website and therefore welcome response from website visitors on this topic while our own simple princess is without question understanding so much. Take pleasure in the rest of the year. Your performing a wonderful job.

  5. viagra generic

    I wanted to put you the tiny remark to be able to say thanks a lot over again on the precious strategies you have provided in this case. It was really strangely open-handed with you to make publicly precisely what many people would’ve offered for an ebook to get some money for themselves, notably now that you might have tried it in case you desired. These solutions in addition served to be the good way to know that other people online have the identical interest really like my personal own to learn more and more related to this matter. I am sure there are numerous more pleasant periods in the future for many who read carefully your site.

  6. buy propecia

    Thank you for your entire labor on this web site. My mom really loves managing investigations and it is obvious why. My partner and i learn all regarding the lively tactic you present sensible things through your web site and in addition invigorate response from some others on the situation then our favorite princess is truly starting to learn a whole lot. Take advantage of the rest of the year. You have been doing a stunning job.

  7. Pingback: buy viagra without a doctor prescription

  8. Pingback: viagra online pharmacy

  9. curry shoes

    I have to show my appreciation to the writer for bailing me out of such a matter. As a result of exploring throughout the the net and getting strategies that were not beneficial, I figured my entire life was gone. Existing without the approaches to the problems you’ve fixed all through the article is a critical case, and the ones which may have in a negative way damaged my entire career if I had not encountered your website. That training and kindness in handling a lot of stuff was crucial. I am not sure what I would’ve done if I had not come across such a stuff like this. I am able to now relish my future. Thanks a lot so much for your high quality and results-oriented help. I will not think twice to suggest the sites to anyone who needs and wants care on this issue.

  10. golden goose sneakers

    Thanks a lot for giving everyone remarkably nice possiblity to discover important secrets from this site. It’s usually very good and full of amusement for me personally and my office peers to visit your web site not less than 3 times in 7 days to study the new guides you have got. Not to mention, I’m so actually motivated concerning the unique tricks you give. Certain two facts in this posting are in reality the finest we have had.

  11. Pingback: cialis before and after

  12. golden goose outlet

    I truly wanted to construct a comment to be able to express gratitude to you for the pleasant ideas you are giving out at this site. My long internet research has now been recognized with really good know-how to exchange with my best friends. I would assume that we website visitors are very fortunate to exist in a useful network with so many outstanding individuals with insightful basics. I feel extremely lucky to have used your webpages and look forward to so many more amazing minutes reading here. Thank you again for everything.

  13. yeezy boost 350 v2

    Thanks a lot for providing individuals with a very marvellous possiblity to read critical reviews from this site. It really is so useful and as well , stuffed with a lot of fun for me and my office friends to search your website at minimum 3 times per week to study the newest stuff you have. Of course, I’m at all times fulfilled with all the brilliant tricks you serve. Some 1 tips in this post are unquestionably the very best I’ve had.

  14. 우리카지노

    Magnificent beat ! I wish to apprentice while you amend your website, how could i subscribe for a
    blog site? The account aided me a acceptable deal. I had been tiny bit acquainted of this
    your broadcast provided bright clear concept


Leave a Reply

Your email address will not be published. Required fields are marked *