According to data from StatsWales and the Welsh Government, more new dwellings were started in Cardiff than any other local authority in Wales at the start of 2018. That will hopefully mean many more homes for buyers looking in the capital very soon.
However, where else are developers building homes and has Cardiff always been this hot-bed of building activity? We delve into the data and reveal all here.
New Housing Developments in Cardiff Are Seeing a Revival
Data released this summer has revealed that 328 new dwellings were started in Cardiff between January and March this year by the private sector, Registered Social Landlords (RSLs), and Local Authorities. This is more than double the number started by the local authorities in joint second, Bridgend and Newport.
The fewest new dwellings were started in Merthyr Tydfil, Blaenau Gwent, and Powys, which saw 22 dwellings started collectively.
Data is based on the reports of local authority building inspectors and the National House Building Council (NHBC).
How Welsh House Building Has Changed Over the Last 40 Years
Source: StatsWales
Overall, the number of new dwellings started in Wales over the last four decades has decreased. In fact, there was less than half the number of new dwellings started last year, compared to 1974-75 when records began. This shortening supply chain could be one of the reasons why house prices have risen significantly in the last 20 years.
Ten years ago, Newport saw the highest number of new dwellings started of any other local authority, whereas the Vale of Glamorgan saw the least with just 17 started between January and March 2007/2008.
However, prior to this, during the same period twenty years ago, Cardiff was again at a high with 364 new dwellings started and Carmarthen in second with 190. Blaenau Gwent was at the opposite end of the scale with just 18 new dwellings started.
How Help to Buy is Assisting First-Time Buyers
Last year, we reported that 5,000 homes had been bought in Wales using Help to Buy – a scheme which helps first time buyers get onto the property ladder by loaning them a proportion towards the purchase of a new build property.
At this time, we had handled a total of 1,146 cases in Wales, totalling 23% of all cases in Wales. Overall, the most properties had been bought in Newport and Flintshire using the scheme, with 848 and 577 purchases made respectively. Anglesey had seen the lowest take up of the scheme with just 14 purchases made with Help to Buy. All of which likely contributed to the dwellings started figures at some point over the last few years.
Read more: Help-to-Buy Statistics: 5,000 Homes Were Bought in Wales Using Help to Buy
Where Can You Find New Build Homes in Cardiff?
So, Cardiff is seeing the highest number of new dwelling started, but where exactly can these be found? Here are a few examples of the latest development sites in the area:
Persimmon Homes - St Edeyrns Village is a collection of 1,020 brand new 1, 2, 3 and 4-bedroom homes in St Mellons.
Barratt Homes – Maes Y Deri is an estate of 2, 3 and 4 bedroom properties found in Morganstown, North Cardiff.
Redrow – Redrow has multiple locations in Cardiff: Parc Plymouth at Plasdŵr is a development of 3, 4 and 5-bedroom homes near Radyr, Cae St Fagans at Plasdŵr is a nearby development of 3 and 4 bedroom properties, and there will soon be homes available on Plas Ty Draw in Lisvane.
Lovell Homes – The Mill is a development of 800 new build houses and apartments in Canton.
Use Howells Solicitors for Your New Build Conveyancing Needs
If you’re thinking of buying a new build home in South Wales and need a specialist to help with your move, our Cardiff solicitors or conveyancing solicitors in South Wales could help.
Discover the developers we work with and read our guide to conveyancing, then get in touch.
