GROUND FLOOR FLAT, 6, MILL ROAD, ELY, CARDIFF, CF5 4AG - £86,000

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.

GROUND FLOOR FLAT is a flat, which could now be worth an estimated £84,694. It was last sold for £86,000 in August 2024, which was around 47% below the average August 2024 flat price in the Cardiff local authority area.

GROUND FLOOR FLAT Sold Prices

Land registry data shows two sales for GROUND FLOOR FLAT 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 GROUND FLOOR 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
2024 16 AUG	£86,000	£162,707	47% below HPI
2021 9 JUL	£70,008	£151,736	54% below HPI

What might GROUND FLOOR FLAT be worth now?

GROUND FLOOR FLAT might now be worth an estimated £84,694.

This is based on house price deflation of 1.5%, between August 2024 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 1.5% deflationary decrease is applied to the most recent sale price for GROUND FLOOR FLAT of £86,000 on 16th August 2024. For the value to have decreased from £86,000 to £84,694 over the two years and four months to April 2026, the following assumptions must hold true:

• The value of GROUND FLOOR FLAT has moved in line with the HPI for flats in the Cardiff local authority area.
• The August 2024 sale price of £86,000 represented a fair market value for the property.
• The size, condition, and specification of GROUND FLOOR FLAT has not materially changed since August 2024.

Where is GROUND FLOOR FLAT?

GROUND FLOOR FLAT is located on MILL ROAD in ELY, in the CF5 postcode district.