Splott Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Review

Splott: Emerging inner-city area with industrial heritage conversions and growing buyer interest.

The Splott property market recorded 5,195 residential sales in the 12 months to 30 June 2026, with a median sale price of £267,500. This places Splott in line with the Cardiff county median, and £18k below the approximate UK median of £285,000.

Prices in Splott have shown modest growth, a year-on-year change of +0.9%. Within Cardiff, Splott ranks 6th by price out of 6 principal towns, and 6th by transaction volume.

On a quarterly view, Splott median prices moved from £258,587 in Q1 2025 to £261,500 in Q2 2026, a change of +1.1% over 5 quarters.

Splott shares a HM Land Registry reporting district with neighbouring towns, and the source data does not distinguish Splott-specific sales from the wider district. The figures above reflect the whole shared district rather than Splott alone.

Cardiff, the local planning authority covering Splott, approved 44 residential planning applications and refused 17 in Q3 2026 (1 July to 30 September 2026), with 106 still awaiting a decision. That is an approval rate of 72%. Planning figures come from local planning authority records compiled by Landstack, retrieved on 3 October 2026. Councils and Landstack can take several days to publish decisions, so decisions made in the final days of Q3 2026 may not all be included yet.

Schemes approved in Q3 2026, together with those still awaiting a decision, propose around 1,204 homes, an estimated £303.5m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

Cardiff covers more than one town in Cardiff, so these figures are authority-wide rather than specific to Splott alone.

Property prices in Splott vary significantly by type. The table below compares Splott prices with Cardiff county averages and UK national figures.

Detached homes in Splott command £460,000, while flat properties are most accessible at £161,000. The £299k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 55 new-build sales in Splott for the past 12 months, 1.1% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

On those registered sales, new builds in Splott sold at a premium of 72.1% to existing stock.

Across the wider Cardiff market, 330 new-build sales have registered so far. See our Cardiff property market report for the full county picture.

The table below shows the most recently registered residential sales in Splott, evidence of achieved prices for buyers, sellers and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £115,000 to £480,000 illustrates the breadth of the Splott market.

For developers considering Splott, the local market data translates directly into finance structuring. With a median value of £267,500 and detached homes at £460,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Splott with a GDV of £460,000 would attract senior debt of approximately £299,000 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

With prices rising 0.9% year-on-year, Splott presents a supportive environment for new development. Lenders view positive price momentum favourably when assessing loan applications.

Ready to develop in Splott? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Splott's market in context, the table below compares it with similarly-priced towns across Cardiff:

For the full Cardiff town-by-town breakdown, see our comprehensive Cardiff property market report.