Mill Road, Ely, Cardiff, CF5

Street Guide For Mill Road, Ely, Cardiff, CF5

 
 

Mill Road, Ely, Cardiff, CF5 Map

Estimated Price: £115,096
Average Asking Price: £308,710
Price change in last one year: £8,583
Average Price Paid: £103,493
Average Rent Rates: £673

Red Homes Cardiff
1 Clive Road, Canton, Cardiff, CF5 1HF

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Property Prices Breakdown in Mill Road, Ely, Cardiff, CF5

Average Price for property in Mill Road, Ely, Cardiff, CF5 is around £115,096 which varies based on type of property you are interested in and ranges from £92,818 for detached house to around £122,058 for semi-detached. Similarly terraced house is around £126,306 and a flat is worth £79,490. Values have been changing and have risen £875 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,158 in last 6 months, £8,583 in last 1 year, £11,862 in last 2 years, £12,665 in last 3 years, £13,901 in last 4 years and £12,032 in last 5 years.

Currently average asking price of a property in Mill Road, Ely, Cardiff, CF5 is around £308,710 based on approximately 3 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 Mill Road, Ely, Cardiff, CF5 is £115,096. Average asking price is £308,710 while average price paid is £107,650 which is up by £8,583 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 Mill Road, Ely, Cardiff, CF5 area. In last 1 year alone average price buyer paid is around £107,650 based on approximately 3 sales in Mill Road, Ely, Cardiff, CF5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £104,158. 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 £103,493 for 8 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £95,226 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £96,550, £167,205 for a 2 bedroom house, £193,091 for a 3 bedroom house, £465,996 for a 4 bedroom house and £738,312 for a 5 bedroom house. For a flat similarly the prices varies from £106,089 for a single bedroom to £153,424 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £122,711. To sum up the asking prices for properties in Mill Road, Ely, Cardiff, CF5 it comes to around average £103,704 for 1 bedroom property, £161,530 for 2 bedroom, £187,171 for 3 bedroom, £465,996 for 4 bedroom and £738,312 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £442 for 1 bedroom to £638 for 2 bedroom, £788 for 3 bedroom and £1,125 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £578. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £688 and £743 for 3 bedroom. You should be generally be expecting around average £544 rent per month for single bedroom property, £671 for 2 bedroom, £780 for 3 bedroom and approximately £1,124 for 4 bedroom property in Mill Road, Ely, Cardiff, CF5 area.

Popular Houses in Mill Road, Ely, Cardiff, CF5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Mill Road, Ely, Cardiff, CF5