2, Marine Parade
Key Building Insights
2, Marine Parade is a residential building situated on Marine Parade, Penarth, CF64 with 2 addresses.
It ranks as the 251st largest and 419th most expensive of the 499 buildings in the CF64 area. The most common property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £373,899
- 10 Year change
- up 28.6%
- Ave. Rental Price
- £1,480pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £358/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Building Insights
2, Marine Parade is a residential building situated on Marine Parade, Penarth, CF64 with 2 addresses.
It ranks as the 251st largest and 419th most expensive of the 499 buildings in the CF64 area. The most common property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £373,899
- 10 Year change
- up 28.6%
- Ave. Rental Price
- £1,480pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £358/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Properties on Marine Parade, Penarth, CF64
- 2 Awel Y Mor Marine Parade
3 Bed Modern Flat
- 2 Gwentland Drive Marine Parade
2 Bed Flat
Sales Market Trends
The last sale in 2, Marine Parade sold for £400,000 on 22nd May 2019. Since then prices are up an average of 20.0%.
The current average value in the building is £373,899.
The 2, Marine Parade Sales Market has increased by 28.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £373,899 |
| June 2025 | 2.6% | £372,819 |
| June 2024 | -2.2% | £363,534 |
| June 2023 | 1.4% | £371,862 |
| June 2022 | 7.7% | £366,897 |
| June 2021 | 6.4% | £340,794 |
| June 2020 | 3.5% | £320,275 |
| June 2019 | 0.4% | £309,565 |
| June 2018 | 3.9% | £308,184 |
| June 2017 | 2% | £296,494 |
| June 2016 | 3.5% | £290,773 |
| June 2015 | 5.9% | £280,903 |
| June 2014 | 6.8% | £265,281 |
| June 2013 | -1% | £248,430 |
| June 2012 | 0.3% | £250,814 |
| June 2011 | -2.4% | £249,945 |
| June 2010 | 9% | £256,044 |
| June 2009 | -11.6% | £234,860 |
| June 2008 | 1.3% | £265,590 |
| June 2007 | 0% | £262,059 |
Rental Market Trends
The current average rental value in the building is £1,480.
The 2, Marine Parade Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,480pcm |
| June 2025 | 3.5% | £1,436pcm |
| June 2024 | 7.2% | £1,387pcm |
| June 2023 | 7.8% | £1,294pcm |
| June 2022 | 9.8% | £1,200pcm |
| June 2021 | 7.3% | £1,093pcm |
| June 2020 | 3.9% | £1,019pcm |
| June 2019 | 1.8% | £980pcm |
| June 2018 | 0.6% | £963pcm |
| June 2017 | 2.1% | £957pcm |
| June 2016 | 3% | £937pcm |
| June 2015 | 1.4% | £910pcm |
| June 2014 | 1.8% | £898pcm |
| June 2013 | -0.1% | £882pcm |
| June 2012 | -0.9% | £883pcm |
| June 2011 | -0.7% | £891pcm |
| June 2010 | 1.9% | £898pcm |
| June 2009 | -6.5% | £881pcm |
| June 2008 | 4.4% | £942pcm |
| June 2007 | 0% | £902pcm |
Sales History
The last recorded sale was on 22nd May 2019 for £400,000 and since then the market in the area has increased by 20.0%.
2, Marine Parade, Penarth, CF64 3BE has had 3 sales since 1995, none of them in the last three years.
- Sold May 2019£400,000 | 3 Bed Flat2 Awel Y Mor, Marine Parade, Penarth, CF64 3BN2 Awel Y Mor, Marine Parade, Penarth, CF64 3BN
- Sold Mar 2015£355,000 | 3 Bed Flat2 Awel Y Mor, Marine Parade, Penarth, CF64 3BN2 Awel Y Mor, Marine Parade, Penarth, CF64 3BN
- Sold Oct 2013£290,000 | 3 Bed Flat2, Marine Parade, Penarth, CF64 3BE2, Marine Parade, Penarth, CF64 3BE
Property Types
- 1 modern flat built after 1980
- 1 flat of an unknown age
- modern flat (1)
- flat (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jun 2023£2,950,000 | 5 Bed House11, Marine Parade, Penarth, CF64 3BG11, Marine Parade, Penarth, CF64 3BG
- Sold Aug 2024£2,500,000 | 4 Bed HouseHolm House, Marine Parade, Penarth, CF64 3BGHolm House, Marine Parade, Penarth, CF64 3BG
- Sold Oct 2021£2,200,000 | 5 Bed House11, Marine Parade, Penarth, CF64 3BG11, Marine Parade, Penarth, CF64 3BG
Schools Nearby
Public Transport Nearby
The closest station to 2, Marine Parade, Penarth, CF64 3BE is Penarth station, which is 500 metres away.
- Penarth|500 m away
- Dingle Road|1.1 km away
- Cogan|2.0 km away
- Eastbrook|2.5 km away