56, Melrose Avenue
56, Melrose Avenue
Description & Estimates
56, Melrose Avenue, Cardiff is recorded publicly as an early-century freehold house across 1,268 ft2 of internal area, sitting on a 254 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 56, Melrose Avenue, Cardiff is £405,928 and its rental estimate is £1,573 per month, given the available information and assuming reasonable condition.
Melrose Avenue, Penylan, Cardiff, CF23 falls within the CF23 postal district.
Our Data Sources
56, Melrose Avenue, Cardiff has a single entry in the Land Registry from December 2011 and a single entry in the EPC database dated September 2011.
We combine this information with that of neighbouring properties to estimate the property 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 56, Melrose Avenue, Cardiff, we estimate a market value of £426,224 and a rental value of £1,651 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £377,513 and £1,463 per month respectively.
Recent Market Change
Over the last year, 56, Melrose Avenue, Cardiff has seen its estimated sale value fall by £3,632 (0.9%) and its estimated rental value move up by £44 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 56, Melrose Avenue, Cardiff as measuring 254 m2.
That makes it the 12th largest plot in the postcode, where all 18 other houses have recorded plot data.
Energy Efficiency
56, Melrose Avenue, Cardiff has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2011.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 56, Melrose Avenue, Cardiff completed on 2nd December 2011 at £214,000 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 57.9% over the period since December 2011.
- Sold Dec 2011£214,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56, 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.
•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, 56, Melrose Avenue, Cardiff comes out as the 66th largest and the 98th most expensive in our analysis of the public data.
It is also £48k more expensive than the average property across the CF23 district.
More reading links
Schools Nearby
Public Transport Nearby
From 56, 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.
