38, RIDGEWAY ROAD, RUMNEY, CARDIFF, CF3 4AE - £97,000

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.

38 RIDGEWAY ROAD is a midsized flat of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £114,261. It was last sold for £97,000 in January 2019, which was around 29% below the average January 2019 flat price in the Cardiff local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

38 RIDGEWAY ROAD Sold Prices

Land registry data shows two sales for 38 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. Both of the two 38 RIDGEWAY ROAD sales were for below 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
2019 4 JAN	£97,000	£136,030	29% below HPI
2011 28 OCT	£82,500	£106,014	22% below HPI

What might 38 RIDGEWAY ROAD be worth now?

38 RIDGEWAY ROAD might now be worth an estimated £114,261.

This is based on house price inflation of 17.8%, between January 2019 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 17.8% inflationary increase is applied to the most recent sale price for 38 RIDGEWAY ROAD of £97,000 on 4th January 2019. For the value to have increased from £97,000 to £114,261 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 38 RIDGEWAY ROAD has moved in line with the HPI for flats in the Cardiff local authority area.
• The January 2019 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 38 RIDGEWAY ROAD has not materially changed since January 2019.

How Large is 38 RIDGEWAY ROAD?

38 RIDGEWAY ROAD is 62m² according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of flats in Cardiff, based on EPC data. 52% of flats are smaller than 38 RIDGEWAY ROAD, and 48% of flats are larger. Note that EPC data is not available for all properties in Cardiff.

38 RIDGEWAY ROAD: Plot

38 RIDGEWAY ROAD sits on a plot of roughly 0.532 of an acre, or 2,151m².

Where is 38 RIDGEWAY ROAD?

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