48 Melrose AvenueHouse Prices / Wales, Cardiff, Melrose Avenue, CF23 9AS
Key Building Insights
48 Melrose Avenue is a residential building situated on Melrose Avenue, Penylan, Cardiff, CF23 with 2 addresses.
It ranks as the 112th largest and 188th most expensive of the 416 buildings in the CF23 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
- Flats
Key Building Insights
48 Melrose Avenue is a residential building situated on Melrose Avenue, Penylan, Cardiff, CF23 with 2 addresses.
It ranks as the 112th largest and 188th most expensive of the 416 buildings in the CF23 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
- Flats
House Pricesin 48 Melrose Avenue
Sale prices range from £183,399 for 2 bedroom leasehold flats (613 ft2) to £183,399 for 2 bedroom leasehold flats (613 ft2) .
Monthly rental prices range from £931 pcm for 2 bed flats to £931 pcm for 2 bed flats.
The gross rental yield is between 6.1% and 6.1%.
The average value per square foot is £299.
Sales Market Trendsin 48 Melrose Avenue
The current average value in the building is £183,399.
The 48 Melrose Avenue Sales Market has increased by 24.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £183,399 |
| May 2025 | 1% | £185,405 |
| May 2024 | 3.6% | £183,601 |
| May 2023 | 1% | £177,255 |
| May 2022 | 6.1% | £175,515 |
| May 2021 | 3% | £165,502 |
| May 2020 | 5.3% | £160,740 |
| May 2019 | 1.7% | £152,711 |
| May 2018 | 3.4% | £150,191 |
| May 2017 | -1.5% | £145,308 |
| May 2016 | 5.7% | £147,507 |
| May 2015 | 5.5% | £139,504 |
| May 2014 | 3.3% | £132,184 |
| May 2013 | 0.7% | £127,968 |
| May 2012 | -1.7% | £127,020 |
| May 2011 | -1.5% | £129,163 |
| May 2010 | 4.1% | £131,099 |
| May 2009 | -10.8% | £125,912 |
| May 2008 | -3.6% | £141,199 |
| May 2007 | 0% | £146,521 |
Rental Market Trendsin 48 Melrose Avenue
The current average rental value in the building is £931.
The 48 Melrose Avenue Rental Market has increased by 55.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £931pcm |
| May 2025 | 4.3% | £913pcm |
| May 2024 | 8.3% | £875pcm |
| May 2023 | 10.9% | £808pcm |
| May 2022 | 8.7% | £729pcm |
| May 2021 | 4.5% | £670pcm |
| May 2020 | 3.2% | £642pcm |
| May 2019 | 0.7% | £622pcm |
| May 2018 | 1.7% | £618pcm |
| May 2017 | 1.6% | £608pcm |
| May 2016 | 3.1% | £598pcm |
| May 2015 | 2.6% | £579pcm |
| May 2014 | 3% | £565pcm |
| May 2013 | 2% | £548pcm |
| May 2012 | 0.4% | £537pcm |
| May 2011 | -0.2% | £535pcm |
| May 2010 | 1.1% | £536pcm |
| May 2009 | -2.3% | £530pcm |
| May 2008 | 2% | £543pcm |
| May 2007 | 0% | £532pcm |
Explore Propertiesin 48, Melrose Avenue, Penylan, Cardiff, CF23 9AS
Property Typesin 48 Melrose Avenue
- 2 mid-century flats built between 1936 and 1979
- mid-century flat (2)
Energy Efficiencyof properties in 48 Melrose Avenue
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Saleson Melrose Avenue, Penylan, Cardiff, CF23
- Sold Jun 2019£984,500 | 2 Bed FlatAyur Court, Melrose AvenueFlat 11, Ayur Court, Melrose Avenue, Cardiff, CF23 9FG
- Sold Nov 2023£722,500 | 5 Bed HouseMelrose AvenueHalewell House, Melrose Avenue, Cardiff, CF23 9BA
- Sold Apr 2022£610,000 | 4 Bed HouseMelrose Avenue47, Melrose Avenue, Cardiff, CF23 9AR
Schools Nearby
Public Transport Nearby
The closest station to 48, Melrose Avenue, Penylan, Cardiff, CF23 9AS is Cathays station, which is 1.9 kilometres away.
- 1.9kmCathays
- 2.0kmCardiff Queen Street
- 2.7kmHeath Low Level
- 2.8kmHeath High Level
