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According to the public record, 116, Ely Road, Cardiff is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 902 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Ely Road, Cardiff is £261,392 and the estimated rental value is £1,233 per month.
Ely Road, Cardiff, CF5 is located within the CF5 postal district.
116, Ely Road, Cardiff has a single entry in the Land Registry from April 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 116, Ely Road, Cardiff is in very good condition we estimate a sale value of £274,461 and a rental value of £1,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,094 and a rental value of £1,147 per month.
Over the last 12 months the sale value of 116 Ely Road Cardiff has decreased by an estimated £3,744 (1.4%) and its rental value has increased by an estimated £32 per month (2.6%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 116, Ely Road, Cardiff was last sold on 14th April 2022 for £279,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has dropped 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Ely Road, Cardiff within a radius of 510 metres over the last 2 years.
The most recent example is Flat 1, Gleneagles Court, Windway Road, Cardiff, CF5 1AJ, a leasehold flat which sold for £225,000 on the 29th September 2023.
Read more about house prices in CF5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ely Road, Cardiff, CF5 has a total of 203 addresses. According to our analysis of all the public data, 116, Ely Road, Cardiff is the 93rd largest and the 87th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in CF5.
The closest station to 116, Ely Road, Cardiff is Waun-Gron Park station which is 200 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 116, Ely Road, Cardiff, 46.3% of property is privately owned outright and 38.1% is privately owned with a mortgage.
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 116, Ely Road, Cardiff, 17.2% of residents are recorded as possessing school level qualifications and 53.0% 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 116, Ely Road, Cardiff, the average age was 44 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 116, Ely Road, Cardiff, 4.0% 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 116, Ely Road, Cardiff, there are an average of 1.4 cars per household.
See below for how this compares to Wales and the rest of England & Wales.