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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 4, Piercefield Place, Cardiff is £122,970 and the estimated rental value is £867 per month.
The apartment is within 4, Piercefield Place, Cardiff, CF24.
Piercefield Place, Cardiff, CF24 is located within the CF24 postal district.
Flat 4, 4, Piercefield Place, Cardiff has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated August 2019.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 4, 4, Piercefield Place, Cardiff is in very good condition we estimate a sale value of £129,118 and a rental value of £910 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,362 and a rental value of £806 per month.
Over the last 12 months the sale value of Flat 4 4 Piercefield Place Cardiff has increased by an estimated £310 (0.3%) and its rental value has increased by an estimated £28 per month (3.3%), giving an expected gross yield of 8.5%.
Flat 4, 4, Piercefield Place, Cardiff has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric, Room heaters, electric.
According to HM Land Registry, Flat 4, 4, Piercefield Place, Cardiff was last sold on 2nd March 2023 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 4, Piercefield Place, Cardiff within a radius of 340 metres over the last 2 years.
The most recent example is Flat 1, 6, Piercefield Place, Cardiff, CF24 0LD, a leasehold flat which sold for £88,000 on the 6th October 2023.
Read more about house prices in CF24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Piercefield Place, Cardiff, CF24 has a total of 74 addresses. According to our analysis of all the public data, Flat 4, 4, Piercefield Place, Cardiff is the 61st largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in CF24.
The closest station to Flat 4, 4, Piercefield Place, Cardiff is Cardiff Queen Street station which is 800 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 4, Piercefield Place, Cardiff, 61.9% of property is privately rented and 16.5% is socially rented.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 4, 4, Piercefield Place, Cardiff, 21.3% of residents are recorded as possessing school level qualifications and 43.3% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 4, 4, Piercefield Place, Cardiff, the average age was 30.8 and the most common age was 22.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 4, 4, Piercefield Place, Cardiff, 0.0% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 4, 4, Piercefield Place, Cardiff, there are an average of 0.5 cars per household.
See below for how this compares to Wales and the rest of England & Wales.