Flat 1, 280
Flat 1, 280
Description & Estimates
Flat 1, 280, Newport Road, Cardiff is recorded publicly as a period leasehold apartment across 258 ft2 of internal area.
Locally, apartments of this size are normally studios with a garden.
Our estimate of the sale value of Flat 1, 280, Newport Road, Cardiff is £82,563 and its rental estimate is £665 per month, given the available information and assuming reasonable condition.
280, Newport Road is a residential building on Newport Road, Cardiff, CF24 and falls within the CF24 postal district.
Our Data Sources
Flat 1, 280, Newport Road, Cardiff has 2 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 1, 280, Newport Road, Cardiff, we estimate a market value of £86,691 and a rental value of £698 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £76,784 and £618 per month respectively.
Recent Market Change
Over the last year, Flat 1, 280, Newport Road, Cardiff has seen its estimated sale value increase by £1,044 (1.3%) and its estimated rental value grow by £29 per month (4.3%). This results in an estimated gross rental yield of 9.7%.
Energy Efficiency
Flat 1, 280, Newport Road, Cardiff has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 1, 280, Newport Road, Cardiff completed on 10th January 2023 at £75,000 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 27.2% over the period since January 2023.
- Sold Jan 2023£75,000
- Sold Apr 2008£55,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 280, Newport Road, Cardiff have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd August 2021, was Flat 3, Harlequin Court, Newport Road, Cardiff, CF24 1RE, a leasehold flat which sold for £60,000.
Read more about house prices in CF24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 1076 addresses on Newport Road, Cardiff, CF24, Flat 1, 280, Newport Road, Cardiff comes out as the 1019th largest and the 1067th most expensive in our analysis of the public data.
It is also £143k less expensive than the average property across the CF24 district.
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Schools Nearby
Public Transport Nearby
From Flat 1, 280, Newport Road, Cardiff, the nearest station is Cardiff Queen Street, 1.8 kilometres away.
- 1.8kmCardiff Queen Street
- 2.1kmCathays
- 2.7kmCardiff Central
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.
