54, Melrose Avenue
54, Melrose Avenue
Description & Estimates
54, Melrose Avenue, Cardiff appears in the public record as a freehold house sitting on a 308 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,290 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 54, Melrose Avenue, Cardiff is £417,338 and its rental estimate is £1,605 per month, given the available information and assuming reasonable condition.
Melrose Avenue, Penylan, Cardiff, CF23 falls within the CF23 postal district.
Our Data Sources
54, Melrose Avenue, Cardiff has a single entry in the Land Registry from September 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 54, Melrose Avenue, Cardiff, we estimate a market value of £438,205 and a rental value of £1,685 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £388,125 and £1,493 per month respectively.
Recent Market Change
Over the last year, 54, Melrose Avenue, Cardiff has seen its estimated sale value decline by £3,734 (0.9%) and its estimated rental value climb by £45 per month (2.8%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 54, Melrose Avenue, Cardiff as measuring 308 m2.
That makes it the 3rd largest plot in the postcode, where all 18 other houses have recorded plot data.
Sold Prices
The most recent sale of 54, Melrose Avenue, Cardiff completed on 22nd September 2008 at £242,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 61.5% over the period since September 2008.
- Sold Sep 2008£242,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, Melrose Avenue, Cardiff have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2024, was 69, Melrose Avenue, Cardiff, CF23 9AT, a freehold house which sold for £450,000.
Read more about house prices in CF23.
- Sold Nov 2024£450,000 | 4 Bed House69, Melrose Avenue, Cardiff, CF23 9AT69, Melrose Avenue, Cardiff, CF23 9AT
- Sold Aug 2024£475,000 | 4 Bed House75, Melrose Avenue, Cardiff, CF23 9AT75, Melrose Avenue, Cardiff, CF23 9AT
- Sold Nov 2018£295,000 | 4 Bed House67, Melrose Avenue, Cardiff, CF23 9AT67, Melrose Avenue, Cardiff, CF23 9AT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 176 addresses on Melrose Avenue, Penylan, Cardiff, CF23, 54, Melrose Avenue, Cardiff comes out as the 64th largest and the 92nd most expensive in our analysis of the public data.
It is also £60k more expensive than the average property across the CF23 district.
More reading links
Schools Nearby
Public Transport Nearby
From 54, Melrose Avenue, Cardiff, the nearest station is Cathays, 1.9 kilometres away.
- 1.9kmCathays
- 2.0kmCardiff Queen Street
- 2.7kmHeath Low Level
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.
