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Melrose Walk is a residential street with 55 addresses.
It ranks as the 491st largest and 391st most expensive of the 581 streets in the CF64 area. The dominant property type is a modern house built after 1980.
The street contains a total of 55 properties: 55 houses.
Melrose Walk is a residential street with 55 addresses.
It ranks as the 491st largest and 391st most expensive of the 581 streets in the CF64 area. The dominant property type is a modern house built after 1980.
The street contains a total of 55 properties: 55 houses.
Sale prices range from £371,609 for 3 bedroom freehold houses with a garden (914 ft2) to £701,757 for 5 bedroom freehold houses with a garden (2,055 ft2) .
Monthly rental prices range from £1,949 pcm for 3 bed houses to £2,980 pcm for 5 bed houses.
The gross rental yield is between 5.0% and 6.3%.
The average value per square foot is £354.
The last sale on Melrose Walk sold for £480,000 on 9th May 2025. Since then prices are up an average of 0.3%.
The current average value in the street is £463,883.
The Melrose Walk Sales Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.3% | £463,883 |
| May 2025 | 3% | £462,560 |
| May 2024 | -2.1% | £449,199 |
| May 2023 | 3.4% | £459,031 |
| May 2022 | 11.3% | £443,866 |
| May 2021 | 9.1% | £398,787 |
| May 2020 | 3% | £365,509 |
| May 2019 | 1.9% | £355,035 |
| May 2018 | 5.5% | £348,370 |
| May 2017 | 4.9% | £330,154 |
| May 2016 | 4.2% | £314,749 |
| May 2015 | 6% | £302,091 |
| May 2014 | 6.3% | £284,882 |
| May 2013 | 0% | £268,095 |
| May 2012 | 1% | £268,004 |
| May 2011 | -0.1% | £265,302 |
| May 2010 | 8.1% | £265,481 |
| May 2009 | -10.9% | £245,524 |
| May 2008 | 0.8% | £275,549 |
| May 2007 | 0% | £273,458 |
The current average rental value in the street is £2,200.
The Melrose Walk Rental Market has increased by 73.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.7% | £2,200pcm |
| May 2025 | 4.3% | £2,122pcm |
| May 2024 | 7.2% | £2,034pcm |
| May 2023 | 10.4% | £1,898pcm |
| May 2022 | 12.5% | £1,719pcm |
| May 2021 | 8% | £1,528pcm |
| May 2020 | 3% | £1,415pcm |
| May 2019 | 2.1% | £1,374pcm |
| May 2018 | 2.3% | £1,346pcm |
| May 2017 | 3.8% | £1,316pcm |
| May 2016 | 4.5% | £1,268pcm |
| May 2015 | 2.7% | £1,213pcm |
| May 2014 | 2% | £1,181pcm |
| May 2013 | 0.9% | £1,158pcm |
| May 2012 | 0.9% | £1,148pcm |
| May 2011 | 1.9% | £1,137pcm |
| May 2010 | 3.6% | £1,116pcm |
| May 2009 | -4.5% | £1,077pcm |
| May 2008 | 2.1% | £1,128pcm |
| May 2007 | 0% | £1,104pcm |
The last sale was on 9th May 2025 for £480,000 and since then the market in the area has increased by 0.3%. The street has had a total of 59 sales since 1995.
Melrose Walk, Sully, Penarth, CF64 has seen 8 sales in the last three years and no sales in the last twelve months.
Melrose Walk, Sully, Penarth, CF64 is the 491st largest and the 391st most expensive street in the CF64 area.
There is 1 postcode on Melrose Walk, Sully, Penarth, CF64.
The closest station to Melrose Walk, Sully, Penarth, CF64 is Dinas Powys station which is 2.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Melrose Walk, Sully, Penarth, CF64, 44.6% of property is privately owned with a mortgage and 31.5% is privately owned outright.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Melrose Walk, Sully, Penarth, CF64, 19.2% of residents are recorded as possessing school level qualifications and 41.0% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Melrose Walk, Sully, Penarth, CF64, the average age was 44.6 and the most common age was 57.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Melrose Walk, Sully, Penarth, CF64, 0.7% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Melrose Walk, Sully, Penarth, CF64, there are an average of 1.6 cars per household.
See below for how this compares to Wales and the rest of England & Wales.