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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, 39, Melrose Walk, Penarth is a modern freehold house with 1,237 ft2 of internal area and sits on a 238 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 39, Melrose Walk, Penarth is £438,521 and the estimated rental value is £2,121 per month.
Melrose Walk, Sully, Penarth, CF64 is located within the CF64 postal district.
39, Melrose Walk, Penarth has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated September 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 39, Melrose Walk, Penarth is in very good condition we estimate a sale value of £460,447 and a rental value of £2,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,825 and a rental value of £1,972 per month.
Over the last 12 months the sale value of 39 Melrose Walk Penarth has increased by an estimated £1,033 (0.2%) and its rental value has increased by an estimated £76 per month (3.6%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 39, Melrose Walk, Penarth sits on a plot of 238m2.
We have plot size data on 46 out of 55 other houses in the postcode and 39, Melrose Walk, Penarth sits on the 40th largest plot.
39, Melrose Walk, Penarth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Sep 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, 39, Melrose Walk, Penarth was last sold on 20th November 2020 for £379,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen 30.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Melrose Walk, Penarth within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 52, Castle Wood Road, Penarth, CF64 5WP, a freehold house which sold for £443,000 on the 13th December 2024.
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, 39, Melrose Walk, Penarth is the 31st largest and the 36th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in CF64.
The closest station to 39, 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 39, 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 39, 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 39, 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 39, 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 39, 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.
