58 Watermark, Cardiff
58 Watermark, Cardiff
Description & Estimates
58 Watermark, Cardiff appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a modern apartment with 1,416 ft2 of internal area and a balcony.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 58 Watermark, Cardiff is £335,634 and its rental estimate is £1,688 per month, given the available information and assuming reasonable condition.
Watermark, Ferry Road is a residential building on Ferry Road, Cardiff, CF11 and falls within the CF11 postal district.
Our Data Sources
58 Watermark, Cardiff has 2 entries in the Land Registry , most recently in September 2013 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 2 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 58 Watermark, Cardiff, we estimate a market value of £352,416 and a rental value of £1,773 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,140 and £1,570 per month respectively.
Recent Market Change
Over the last year, 58 Watermark, Cardiff has seen its estimated sale value decrease by £3,100 (0.9%) and its estimated rental value grow by £41 per month (2.4%). This results in an estimated gross rental yield of 6.0%.
Sold Prices
The most recent sale of 58 Watermark, Cardiff completed on 17th September 2013 at £495,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 35.3% over the period since September 2013.
- Sold Sep 2013£495,000
- Sold Oct 2008£550,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 58 Watermark, Cardiff have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2022, was 51 Watermark , Ferry Road, Cardiff, CF11 0JU, a leasehold flat which sold for £150,000.
Read more about house prices in CF11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 284 addresses on Ferry Road, Cardiff, CF11, 58 Watermark, Cardiff comes out as the 17th largest and the 8th most expensive in our analysis of the public data.
It is also £86k more expensive than the average property across the CF11 district.
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Schools Nearby
Public Transport Nearby
From 58 Watermark, Cardiff, the nearest station is Cogan, 900 metres away.
- 900mCogan
- 1.4kmDingle Road
- 1.7kmGrangetown (Cardiff)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
