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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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According to the public record, 32, Melrose Walk, Penarth is a modern freehold house with 1,367 ft2 of internal area and sits on a 226 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Melrose Walk, Penarth is £464,301 and the estimated rental value is £2,192 per month.
Melrose Walk, Sully, Penarth, CF64 is located within the CF64 postal district.
32, Melrose Walk, Penarth has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated December 2020.
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.
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 32, Melrose Walk, Penarth is in very good condition we estimate a sale value of £487,516 and a rental value of £2,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,800 and a rental value of £2,038 per month.
Over the last 12 months the sale value of 32 Melrose Walk Penarth has increased by an estimated £1,094 (0.2%) and its rental value has increased by an estimated £78 per month (3.6%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 32, Melrose Walk, Penarth sits on a plot of 226m2.
We have plot size data on 46 out of 55 other houses in the postcode and 32, Melrose Walk, Penarth sits on the 43rd largest plot.
32, Melrose Walk, Penarth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, Melrose Walk, Penarth was last sold on 31st March 2021 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has risen 26.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Melrose Walk, Penarth within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 29, Melrose Walk, Penarth, CF64 5WD, a freehold house which sold for £417,995 on the 22nd June 2021.
Read more about house prices in CF64.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Walk, Sully, Penarth, CF64 has a total of 55 addresses. According to our analysis of all the public data, 32, Melrose Walk, Penarth is the 9th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in CF64.
The closest station to 32, Melrose Walk, Penarth is Dinas Powys station which is 2.5 kilometres away.
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 32, 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 32, 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 32, 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 32, 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 32, 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.
