58, Melrose Avenue
58, Melrose Avenue
Description & Estimates
Public records show 58, Melrose Avenue, Cardiff to be an early-century freehold house with 1,194 ft2 of internal area, sitting on a 181 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
58, Melrose Avenue, Cardiff has an estimated sale value of £394,100 and an estimated rental value of £1,564 per month, assuming reasonable condition and based on the information available.
Melrose Avenue, Penylan, Cardiff, CF23 lies within the CF23 postal district.
Our Data Sources
58, Melrose Avenue, Cardiff has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated November 2018.
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
In very good condition, we estimate 58, Melrose Avenue, Cardiff would be worth £413,805, with a potential rental value of £1,642 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £366,513, with a rental value of £1,455 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 58, Melrose Avenue, Cardiff has decreased by £3,526 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £44 (2.8%). The property's estimated gross yield is currently 4.8%.
Plot Size
58, Melrose Avenue, Cardiff occupies a 181 m2 plot as recorded by HM Land Registry.
All 18 other houses in this postcode have recorded plot sizes, and this one ranks as the 18th largest.
Energy Efficiency
58, Melrose Avenue, Cardiff has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
58, Melrose Avenue, Cardiff last changed hands on 26th July 2019, selling for £316,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 17.5% since July 2019.
- Sold Jul 2019£316,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 450 metres of 58, Melrose Avenue, Cardiff across the last 2 years.
Most recently, 24, Barons Court Road, Cardiff, CF23 9DF, a freehold house, sold at £430,000 on the 15th October 2024.
Read more about house prices in CF23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 58, Melrose Avenue, Cardiff as the 94th largest and the 104th most expensive of the 176 addresses on Melrose Avenue, Penylan, Cardiff, CF23.
Against the CF23 postcode district average, it is £36k more expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Cathays station is the nearest stop to 58, Melrose Avenue, Cardiff at 1.9 kilometres away.
- 1.9kmCathays
- 2.0kmCardiff Queen Street
- 2.7kmHeath Low Level
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
