Coed Melyn, Cardigan
Coed Melyn, Cardigan
Description & Estimates
Coed Melyn, Cardigan appears in the public record as a freehold house sitting on a 14,706 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 2,119 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of Coed Melyn, Cardigan is £433,198 and its rental estimate is £1,600 per month, given the available information and assuming reasonable condition.
Blaenannerch, Cardigan, SA43 falls within the SA43 postal district.
Our Data Sources
Coed Melyn, Cardigan has a single entry in the Land Registry from May 2021 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 1 out of 5 and is considered of low 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 Coed Melyn, Cardigan, we estimate a market value of £454,858 and a rental value of £1,680 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £402,874 and £1,488 per month respectively.
Recent Market Change
Over the last year, Coed Melyn, Cardigan has seen its estimated sale value decrease by £7,537 (1.7%) and its estimated rental value grow by £26 per month (1.6%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for Coed Melyn, Cardigan as measuring 14,706 m2.
That makes it the 3rd largest plot in the postcode, where 8 of the 13 other houses have recorded plot data.
Sold Prices
The most recent sale of Coed Melyn, Cardigan completed on 14th May 2021 at £515,000 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 dropped by 0.5% over the period since May 2021.
- Sold May 2021£515,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Coed Melyn, Cardigan have sold within a radius of 4.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th May 2019, was Cwrt Isaf, Cardigan, SA43 1SJ, a freehold house which sold for £339,950.
Read more about house prices in SA43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 64 addresses on Blaenannerch, Cardigan, SA43, Coed Melyn, Cardigan comes out as the 7th largest and the 2nd most expensive in our analysis of the public data.
It is also £155k more expensive than the average property across the SA43 district.
More reading links
Schools Nearby
Public Transport Nearby
From Coed Melyn, Cardigan, the nearest station is Fishguard Harbour, 29.3 kilometres away.
- 29.3kmFishguard Harbour
- 30.2kmFishguard & Goodwick
- 30.6kmClunderwen
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
