CF23 9FG

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CF23 9FGHouse Prices / Wales, Cardiff, Melrose Avenue

Name: CF23 9FG
Address: CF23 9FG, Cardiff, Wales, CF23 9FG, United Kingdom

Last updated May 2026

Key Postcode Insights

CF23 9FG is a residential postcode situated on Melrose Avenue, Cardiff, CF23 with 11 addresses.

It ranks as the 204th largest and 101st most expensive of the 821 postcodes in the CF23 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 11 properties: 11 flats.

Properties

Flats

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Key Postcode Insights

CF23 9FG is a residential postcode situated on Melrose Avenue, Cardiff, CF23 with 11 addresses.

It ranks as the 204th largest and 101st most expensive of the 821 postcodes in the CF23 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 11 properties: 11 flats.

Properties

Flats

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House Pricesin CF23 9FG

Sale prices range from £158,204 for 2 bedroom leasehold flats (430 ft²) to £176,341 for 2 bedroom leasehold flats (538 ft²) .

Monthly rental prices range from £841 pcm for 2 bed flats to £894 pcm for 2 bed flats.

The gross rental yield is between 6.1% and 6.4%.

The average value per square foot is £334.

Average Sale Value

£171,173

Average Rental Value

£879 pcm

Average Rental Yield

6.2% /year

Average Value Per Sqft

£334 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin CF23 9FG

The last sale in CF23 9FG sold for £119,750 on 13th June 2019. Since then prices are up an average of 36.8%.

The current average value in the postcode is £171,173.
The CF23 9FG Sales Market has increased by 27.2% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-0.1%	£171,173
April 2025	1%	£171,385
April 2024	2.4%	£169,697
April 2023	2.3%	£165,647
April 2022	7.3%	£161,946
April 2021	4%	£150,966
April 2020	4.7%	£145,165
April 2019	1.1%	£138,685
April 2018	2.9%	£137,179
April 2017	-1%	£133,304
April 2016	5.8%	£134,590
April 2015	5.7%	£127,186
April 2014	3.8%	£120,316
April 2013	0.1%	£115,933
April 2012	-1.6%	£115,874
April 2011	-1.7%	£117,785
April 2010	2.8%	£119,834
April 2009	-12.1%	£116,583
April 2008	-1.8%	£132,573
April 2007	0%	£135,019

Rental Market Trendsin CF23 9FG

The current average rental value in the postcode is £879.
The CF23 9FG Rental Market has increased by 56.1% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	2.6%	£879pcm
April 2025	5.4%	£857pcm
April 2024	8.5%	£813pcm
April 2023	10.4%	£750pcm
April 2022	8.5%	£680pcm
April 2021	4.7%	£627pcm
April 2020	3.6%	£598pcm
April 2019	0.1%	£578pcm
April 2018	1.3%	£577pcm
April 2017	1.1%	£570pcm
April 2016	3.8%	£563pcm
April 2015	3%	£543pcm
April 2014	2.5%	£527pcm
April 2013	1.3%	£514pcm
April 2012	0.3%	£507pcm
April 2011	-0.2%	£506pcm
April 2010	0.1%	£507pcm
April 2009	-3%	£506pcm
April 2008	2.4%	£522pcm
April 2007	0%	£509pcm

Explore Buildingsin CF23 9FG, Melrose Avenue, Cardiff, CF23

Ayur Court, Melrose Avenue, Cardiff, CF23 Modern building 11 units

Sales History
in CF23 9FG

The last sale was on 13th June 2019 for £119,750 and since then the market in the area has increased by 36.8%. The postcode has had a total of 12 sales since 1995.