16 Ocean Buildings, Cardiff
16 Ocean Buildings, Cardiff
Description & Estimates
According to the public record, 16 Ocean Buildings, Cardiff is a modern apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 16 Ocean Buildings, Cardiff is £202,656 and the estimated rental value is £1,202 per month.
The apartment is within Ocean Buildings, Bute Crescent, Cardiff, CF10.
Bute Crescent, Cardiff, CF10 is located within the CF10 postal district.
Our Data Sources
16 Ocean Buildings, Cardiff has no records in the the Land Registry and a single entry in the EPC database dated May 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 16 Ocean Buildings, Cardiff is in very good condition we estimate a sale value of £212,789 and a rental value of £1,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,470 and a rental value of £1,118 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16 Ocean Buildings, Cardiff has moved down by £1,170 (0.6%), while its estimated rental value has increased by £39 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
16 Ocean Buildings, Cardiff has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16 Ocean Buildings, Cardiff within a radius of 480 metres over the last 2 years.
The most recent example is Flat 16, Cadogan House, West Bute Street, Cardiff, CF10 5EN, a leasehold flat which sold for £182,875 on the 31st October 2024.
Read more about house prices in CF10.
- Sold Oct 2024£182,875 | 2 Bed FlatCadogan House, West Bute StreetFlat 16, Cadogan House, West Bute Street, Cardiff, CF10 5EN
- Sold May 2023£218,000 | 2 Bed FlatBute Crescent14 Ocean Buildings, Bute Crescent, Cardiff, CF10 5AY
- Sold Apr 2023£133,600 | 2 Bed FlatBute Crescent13 Ocean Buildings, Bute Crescent, Cardiff, CF10 5AY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Bute Crescent, Cardiff, CF10 has a total of 106 addresses. According to our analysis of all the public data, 16 Ocean Buildings, Cardiff is the 20th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in CF10.
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Schools Nearby
Public Transport Nearby
The closest station to 16 Ocean Buildings, Cardiff is Cardiff Bay station, which is 400 metres away.
- 400mCardiff Bay
- 1.7kmCardiff Central
- 1.7kmGrangetown (Cardiff)
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
