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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 28, Melrose Walk, Penarth to be a modern freehold house with 1,367 ft2 of internal area, sitting on a 281 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
28, Melrose Walk, Penarth has an estimated sale value of £464,301 and an estimated rental value of £2,192 per month, assuming reasonable condition and based on the information available.
Melrose Walk, Sully, Penarth, CF64 lies within the CF64 postal district.
28, Melrose Walk, Penarth has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated April 2021.
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.
In very good condition, we estimate 28, Melrose Walk, Penarth would be worth £487,516, with a potential rental value of £2,301 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £431,800, with a rental value of £2,038 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 28, Melrose Walk, Penarth has grown by £1,094 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £78 (3.6%). The property's estimated gross yield is currently 5.7%.
28, Melrose Walk, Penarth occupies a 281 m2 plot as recorded by HM Land Registry.
Of the 55 other houses in this postcode, 46 have recorded plot sizes, and this one ranks as the 27th largest.
28, Melrose Walk, Penarth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
28, Melrose Walk, Penarth last changed hands on 1st July 2021, selling for £410,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 20.5% since July 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 28, Melrose Walk, Penarth across the last 2 years.
Most recently, 53, Castle Wood Road, Penarth, CF64 5WP, a freehold house, sold at £357,000 on the 21st June 2024.
Read more about house prices in CF64.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 28, Melrose Walk, Penarth as the 13th largest and the 26th most expensive of the 55 addresses on Melrose Walk, Sully, Penarth, CF64.
Against the CF64 postcode district average, it is £63k more expensive than the typical property.
Dinas Powys station is the nearest stop to 28, Melrose Walk, Penarth at 2.5 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 28, Melrose Walk, Penarth, 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 28, Melrose Walk, Penarth, 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 28, Melrose Walk, Penarth, 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 28, Melrose Walk, Penarth, 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 28, Melrose Walk, Penarth, there are an average of 1.6 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
