42, Melrose Walk
42, Melrose Walk
Description & Estimates
According to the public record, 42, Melrose Walk, Penarth is a modern freehold house with 1,151 ft2 of internal area and sits on a 362 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Melrose Walk, Penarth is £416,329 and the estimated rental value is £2,033 per month.
Melrose Walk, Sully, Penarth, CF64 is located within the CF64 postal district.
Our Data Sources
42, Melrose Walk, Penarth has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated October 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.
Price Range & Condition
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 42, Melrose Walk, Penarth is in very good condition we estimate a sale value of £437,145 and a rental value of £2,134 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,186 and a rental value of £1,891 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 42, Melrose Walk, Penarth has increased by £2,226 (0.5%), while its estimated rental value has grown by £78 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Plot Size
According to data from HM Land Registry, 42, Melrose Walk, Penarth sits on a plot of 362 m2.
We have plot size data on 46 out of 55 other houses in the postcode and 42, Melrose Walk, Penarth sits on the 11th largest plot.
Energy Efficiency
42, Melrose Walk, Penarth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 42, Melrose Walk, Penarth was last sold on 3rd December 2020 for £351,495 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen by 27.1%.
- Sold Dec 2020£351,495
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Melrose Walk, Penarth within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 47, Melrose Walk, Penarth, CF64 5WD, a freehold house which sold for £430,000 on the 12th December 2024.
Read more about house prices in CF64.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Melrose Walk, Sully, Penarth, CF64 has a total of 55 addresses. According to our analysis of all the public data, 42, Melrose Walk, Penarth is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in CF64.
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Schools Nearby
Public Transport Nearby
The closest station to 42, Melrose Walk, Penarth is Dinas Powys station, which is 2.5 kilometres away.
- 2.5kmDinas Powys
- 2.8kmCadoxton
- 3.0kmEastbrook
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
