Our Data Sources
2, Melrose Walk, Penarth has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Melrose Walk, Penarth, we estimate a market value of £500,025 and a rental value of £2,330 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £442,880 and £2,064 per month respectively.
Energy Efficiency
2, Melrose Walk, Penarth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Oct 2022.
The property is connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
The most recent sale of 2, Melrose Walk, Penarth completed on 28th February 2023 at £494,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.5% over the period since February 2023.
- Sold Feb 2023£494,995
Similar Properties Sold Nearby
Since 2022 224 properties similar to 2, Melrose Walk, Penarth have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th December 2023, was 18, Castle Wood Road, Penarth, CF64 5WP, a freehold house which sold for £475,000.
Read more about house prices in CF64.
- Sold Dec 2023£475,000 | 4 Bed House18, Castle Wood Road, Penarth, CF64 5WP18, Castle Wood Road, Penarth, CF64 5WP
- Sold Aug 2023£480,000 | 4 Bed House22, Castle Wood Road, Penarth, CF64 5WP22, Castle Wood Road, Penarth, CF64 5WP
- Sold Jun 2023£469,995 | 4 Bed House10, Castle Wood Road, Penarth, CF64 5WP10, Castle Wood Road, Penarth, CF64 5WP
- Sold Jun 2023£433,000 | 4 Bed House13, Melrose Walk, Penarth, CF64 5WD13, Melrose Walk, Penarth, CF64 5WD
- Sold Jun 2023£429,995 | 4 Bed House65, Castle Wood Road, Penarth, CF64 5WP65, Castle Wood Road, Penarth, CF64 5WP
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £415,836, ranging from £275,520 to £476,215.
- 3 Melrose Walk
4 Bed House | 10 m | Est. Value: £453,682
- 1 Melrose Walk
3 Bed House | 13 m | Est. Value: £389,297
- 4 Melrose Walk
3 Bed House | 23 m | Est. Value: £402,540
- 11 Castle Wood Road
4 Bed House | 29 m | Est. Value: £448,549
- 10 Castle Wood Road
4 Bed House | 33 m | Est. Value: £448,550
Location Comparison
Of the 56 addresses on Melrose Walk, Sully, Penarth, CF64, 2, Melrose Walk, Penarth comes out as the 15th largest and the 12th most expensive in our analysis of the public data.
It is also £70k more expensive than the average property across the CF64 district.
More reading links
Schools Nearby
Public Transport Nearby
- Dinas Powys|2.5 km away
- Cadoxton|2.8 km away
- Eastbrook|3.0 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
