Values have been changing and have risen £798 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,968 in last 6 months, £7,825 in last 1 year, £10,816 in last 2 years, £11,548 in last 3 years, £12,673 in last 4 years and £10,969 in last 5 years.
Currently average asking price of a property in Cherrydale Road, Ely, Cardiff, CF5 is around £308,710 based on approximately 1 properties for sale. Same is the case with rental options based on 85 properties up for rent, average asking rent is around £673 per month.
Estimated property value in Cherrydale Road, Ely, Cardiff, CF5 is £104,941. Average asking price is £308,710 while average price paid is £80,000 which is up by £7,825 and Avg. asking rent £673.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cherrydale Road, Ely, Cardiff, CF5 area. In last 1 year alone average price buyer paid is around £80,000 based on approximately 1 sales in Cherrydale Road, Ely, Cardiff, CF5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £58,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £58,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £76,325 per sale.