24 Watermark, Ferry Road, Cardiff, CF11 0JU

24 Watermark is a two-bedroom property in Cardiff (CF11 0JU). It has a recorded floor area of 47 m² (around 506 sq ft), construction records dating it to 2007 onwards and council tax band F. The latest certificate (May 2012) returns a B (score 81), comfortably above the UK average. The latest certificate is from May 2012, so improvements made since then won't be reflected. At 47 m² this is the 6th smallest of 50 units on EPC record in the building, where floor areas span 27–201 m². The building's EPC ratings span C to B, with this unit at the top.

Today's modelled estimate of £180,000 is 25% below the 2008 sale of £240,000, an unusual pattern given regional price growth and worth checking against the EPC condition. On a £-per-square-foot basis, the last sale (£474/sq ft) was about 96% above the typical sold price in the postcode. It hasn't traded since April 2008, a hold of 18 years that's notably long for the area. That sale landed at the peak of the pre-credit-crunch market, which is a useful reference point when interpreting the price. At 47 m² it sits well below the postcode median (68 m² across 49 EPCs), making it one of the more compact homes locally.