Melrose, Penarth
Melrose, Penarth
Description & Estimates
According to the public record, Melrose, Penarth is a period freehold house with 839 ft2 of internal area and sits on a 463 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Melrose, Penarth is £418,678 and the estimated rental value is £1,874 per month.
Swanbridge Road, Sully, Penarth, CF64 is located within the CF64 postal district.
Our Data Sources
Melrose, Penarth has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Melrose, Penarth is in very good condition we estimate a sale value of £439,612 and a rental value of £1,968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,371 and a rental value of £1,743 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Melrose, Penarth has moved up by £2,239 (0.5%), while its estimated rental value has increased by £72 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Plot Size
According to data from HM Land Registry, Melrose, Penarth sits on a plot of 463 m2.
We have plot size data on 15 out of 16 other houses in the postcode and Melrose, Penarth sits on the 14th largest plot.
Energy Efficiency
Melrose, Penarth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 11 May 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, LPG.
Sold Prices
According to HM Land Registry, Melrose, Penarth was last sold on 10th December 2021 for £383,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has risen by 13.3%.
- Sold Dec 2021£383,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Melrose, Penarth within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 6, Castle Wood Road, Penarth, CF64 5WP, a freehold house which sold for £345,995 on the 15th December 2022.
Read more about house prices in CF64.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Swanbridge Road, Sully, Penarth, CF64 has a total of 17 addresses. According to our analysis of all the public data, Melrose, Penarth is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in CF64.
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Schools Nearby
Public Transport Nearby
The closest station to Melrose, Penarth is Dinas Powys station, which is 2.8 kilometres away.
- 2.8kmDinas Powys
- 3.1kmCadoxton
- 3.2kmEastbrook
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
