Our data shows the current state of the Riverside market reflects broader trends across Cardiff, with the area experiencing a slight adjustment of approximately -1% over the past twelve months according to home.co.uk listings data figures. The overall average sold price in Riverside sits at £266,312 based on the 59 property transactions recorded in the last year, providing a solid foundation for sellers who understand their property's true market positioning. The gap between asking prices at £266,312 and achieved sold prices indicates realistic pricing expectations remain crucial for successful sales in this area.
When examining the market by property type, terraced properties dominate the current listings with 16 homes available at an average price of £307,656, reflecting the prevalence of Victorian and Edwardian housing stock in the area. Flats represent the largest segment of available properties at 9 listings, with an average asking price of £152,778, making them an accessible entry point to the Riverside market. Detached properties, though scarce with only 2 listings, command premium prices averaging £425,000, while semi-detached homes at 1 listings average £260,000.
The price distribution across market segments shows strong activity in the £200k-£300k band with 23 listings, followed closely by the £100k-£200k range with 22 properties. Higher-value properties between £300k-£500k account for 18 listings, demonstrating sustained demand in the upper-mid market. This distribution, combined with 59 annual sales, indicates a healthy level of transaction activity despite broader market fluctuations.
The rental market in Riverside shows equal vigour, with 59 rental listings across 23 active letting agents. Average rental prices range from around £678 per month for basic flats to over £1,900 for premium properties, reflecting strong demand from professionals drawn to the area's excellent transport links and vibrant local scene.