FLAT, 12B, MILL ROAD, ELY, CARDIFF, CF5 4AG - £65,000

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.

FLAT is a flat, which could now be worth an estimated £78,111. It was last sold for £65,000 in February 2018, which was around 51% below the average February 2018 flat price in the Cardiff local authority area.

FLAT Sold Prices

Land registry data shows five sales for FLAT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Cardiff local authority area for the corresponding sale date. All of the five FLAT 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
2018 9 FEB	£65,000	£133,341	51% below HPI
2007 9 MAR	£75,000	£118,805	37% below HPI
2004 24 SEP	£69,500	£108,618	36% below HPI
2004 7 MAY	£50,950	£100,637	49% below HPI
2003 14 NOV	£36,000	£89,945	60% below HPI

What might FLAT be worth now?

FLAT might now be worth an estimated £78,111.

This is based on house price inflation of 20.2%, between February 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 20.2% inflationary increase is applied to the most recent sale price for FLAT of £65,000 on 9th February 2018. For the value to have increased from £65,000 to £78,111 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of FLAT has moved in line with the HPI for flats in the Cardiff local authority area.
• The February 2018 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT has not materially changed since February 2018.

Where is FLAT?

FLAT, 12B MILL ROAD is located in ELY, in the CF5 postcode district.