The Cardiff property market is experiencing notable shifts as of April 2025. For those looking to buy or sell in this vibrant city, staying informed about current trends is crucial. At Martin & Co Cardiff, we are dedicated to providing expert insights to guide you through your property journey.
So, what does the Cardiff property scene look like right now? Let’s dive in.
What’s happening in the Cardiff property market?
Property prices at a glance
As of January 2025, the average price of a home bought with a mortgage in Cardiff stands at £275,000, marking an increase from £263,000 in January 2024. This figure surpasses the Wales average of £209,000 for the same period.
Property types and their average prices
Different property types in Cardiff exhibit varying average prices:
- Terraced properties: £274,968
- Semi-detached properties: £335,765
- Flats: £177,335
What trends are influencing the market right now?
A few key factors are shaping the Cardiff property landscape:
Price growth – The average property price in Cardiff has seen a modest increase of £5,700 (2%) over the last twelve months.
More sellers testing the market – Some homeowners, encouraged by stable property prices, are listing their homes, creating a more balanced market.
Mortgage rates – As of March 2025, five-year fixed mortgage rates average around 4.74%, a decrease from the peak of 6.11% observed in July 2023.
Thinking of buying? Here’s what you need to know
If you’re looking to buy in Cardiff, 2025 could be a great time. With more properties on the market, you have a better chance of finding your ideal home without the intense bidding wars of previous years.
Top tips for buyers:
Increased property choices – Buyers currently benefit from a wide selection of homes on the market, which helps to moderate price inflation.
Mortgage accessibility – With mortgage rates stabilizing, buyers may find borrowing conditions more favourable, enhancing affordability.
Competition – Despite the increased inventory, desirable properties in sought-after areas may still attract significant interest, necessitating prompt decision-making.
Selling in 2025? Here’s how to maximise your sale
With more properties on the market, it’s more important than ever to stand out. Here’s how to ensure your home attracts buyers and achieves the best price:
Price it right from day one – In a market with abundant choices, setting a competitive price is essential to attract buyers.
Make a great first impression – Highlighting unique features and ensuring the property is well-presented can significantly enhance its appeal to potential buyers.
Market timing – Spring traditionally sees increased buyer activity, making it an opportune time to list properties.
What’s next for Cardiff’s property market?
Price projections – Modest price growth is anticipated over 2025, with forecasts suggesting a 3.1% rise.
Market dynamics – The market is expected to remain stable, offering balanced opportunities for both buyers and sellers.
Influencing factors – Economic conditions, government policies, and local developments will continue to shape the market landscape.
Understanding the nuances of the Cardiff property market is crucial for making informed decisions. At Martin & Co Cardiff, we are committed to guiding our clients through every step of their property journey.
Staying abreast of current trends is vital for both buyers and sellers in Cardiff’s dynamic property market. For personalised advice and expert assistance, contact Martin & Co Cardiff. Our team is here to help you navigate the market with confidence.
Note: The information provided is based on data available as of April 2025. For the most current insights, please consult with local property experts or refer to the latest reports from authoritative sources.
