23 Ocean Buildings, Cardiff
23 Ocean Buildings, Cardiff
Description & Estimates
23 Ocean Buildings, Cardiff is described in the public record as a modern apartment with 882 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of 23 Ocean Buildings, Cardiff is £206,361 and its rental estimate is £1,216 per month, given the available information and assuming reasonable condition.
Ocean Buildings, Bute Crescent is a residential building on Bute Crescent, Cardiff, CF10 and falls within the CF10 postal district.
Our Data Sources
23 Ocean Buildings, Cardiff has no records in the the Land Registry and a single entry in the EPC database dated December 2020.
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
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 23 Ocean Buildings, Cardiff, we estimate a market value of £216,679 and a rental value of £1,277 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £191,915 and £1,131 per month respectively.
Recent Market Change
Over the last year, 23 Ocean Buildings, Cardiff has seen its estimated sale value drop by £1,191 (0.6%) and its estimated rental value rise by £39 per month (3.2%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
23 Ocean Buildings, Cardiff has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23 Ocean Buildings, Cardiff have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2023, was Flat 14, Cymric Buildings, West Bute Street, Cardiff, CF10 5LL, a leasehold flat which sold for £150,000.
Read more about house prices in CF10.
- Sold Jul 2023£150,000 | 2 Bed FlatCymric Buildings, West Bute StreetFlat 14, Cymric Buildings, West Bute Street, Cardiff, CF10 5LL
- 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
Of the 106 addresses on Bute Crescent, Cardiff, CF10, 23 Ocean Buildings, Cardiff comes out as the 15th largest and the 13th most expensive in our analysis of the public data.
It is also £17k more expensive than the average property across the CF10 district.
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Schools Nearby
Public Transport Nearby
From 23 Ocean Buildings, Cardiff, the nearest station is Cardiff Bay, 400 metres away.
- 400mCardiff Bay
- 1.7kmCardiff Central
- 1.7kmGrangetown (Cardiff)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
