54, RIDGEWAY ROAD, RUMNEY, CARDIFF, CF3 4AE - £105,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

54 RIDGEWAY ROAD is a midsized flat of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £124,183. It was last sold for £105,000 in July 2018, which was around 23% below the average July 2018 flat price in the Cardiff local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

54 RIDGEWAY ROAD Sold Prices

Land registry data shows two sales for 54 RIDGEWAY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Cardiff local authority area for the corresponding sale date. One of the two 54 RIDGEWAY ROAD sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 6 JUL	£105,000	£135,485	23% below HPI
2005 29 JUL	£125,250	£112,695	11% above HPI

What might 54 RIDGEWAY ROAD be worth now?

54 RIDGEWAY ROAD might now be worth an estimated £124,183.

This is based on house price inflation of 18.3%, between July 2018 and April 2026, for flats, in the Cardiff local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.3% inflationary increase is applied to the most recent sale price for 54 RIDGEWAY ROAD of £105,000 on 6th July 2018. For the value to have increased from £105,000 to £124,183 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 54 RIDGEWAY ROAD has moved in line with the HPI for flats in the Cardiff local authority area.
• The July 2018 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 54 RIDGEWAY ROAD has not materially changed since July 2018.

How Large is 54 RIDGEWAY ROAD?

54 RIDGEWAY ROAD is 57m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of flats in Cardiff, based on EPC data. 41% of flats are smaller than 54 RIDGEWAY ROAD, and 58% of flats are larger. Note that EPC data is not available for all properties in Cardiff.

54 RIDGEWAY ROAD: Plot

54 RIDGEWAY ROAD sits on a plot of roughly 0.224 of an acre, or 906m².

Where is 54 RIDGEWAY ROAD?

54 RIDGEWAY ROAD is located in RUMNEY, in the CF3 postcode district.