2, Michaelston-Le-Pit - CF64 3EB
Key Building Insights
2, Michaelston-Le-Pit is a residential building situated on Michaelston-Le-Pit, Penarth, CF64 with 3 addresses.
It ranks as the 252nd largest and 37th most expensive of the 499 buildings in the CF64 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £133,674
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,003pcm
- 10 Year change
- up 61.0%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 9.0%/year/yr
Key Building Insights
2, Michaelston-Le-Pit is a residential building situated on Michaelston-Le-Pit, Penarth, CF64 with 3 addresses.
It ranks as the 252nd largest and 37th most expensive of the 499 buildings in the CF64 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £133,674
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,003pcm
- 10 Year change
- up 61.0%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 9.0%/year/yr
Explore Properties on Michaelston-Le-Pit, Penarth, CF64
- Apartment 1, 2 Royal Buildings Penarth
2 Bed Period Flat
- Apartment 2, 2 Royal Buildings Penarth
2 Bed Period Flat
- Apartment 3, 2 Royal Buildings Penarth
2 Bed Period Flat
Sales Market Trends
The last sale in 2, Michaelston-Le-Pit sold for £185,000 on 2nd August 2022. Since then prices are up an average of 16.8%.
The current average value in the building is £133,674.
The 2, Michaelston-Le-Pit Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £133,674 |
| June 2025 | 3.1% | £133,537 |
| June 2024 | -2.5% | £129,540 |
| June 2023 | 1.7% | £132,794 |
| June 2022 | 8.4% | £130,625 |
| June 2021 | 6.5% | £120,471 |
| June 2020 | 3.9% | £113,167 |
| June 2019 | 0.5% | £108,911 |
| June 2018 | 4.3% | £108,367 |
| June 2017 | 1.9% | £103,874 |
| June 2016 | 3.4% | £101,958 |
| June 2015 | 6.2% | £98,597 |
| June 2014 | 6.5% | £92,798 |
| June 2013 | -1.5% | £87,164 |
| June 2012 | 1.1% | £88,462 |
| June 2011 | -2.7% | £87,531 |
| June 2010 | 8.5% | £89,940 |
| June 2009 | -12.3% | £82,911 |
| June 2008 | 1.1% | £94,579 |
| June 2007 | 0% | £93,558 |
Rental Market Trends
The current average rental value in the building is £1,003.
The 2, Michaelston-Le-Pit Rental Market has increased by 61.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,003pcm |
| June 2025 | 4% | £975pcm |
| June 2024 | 7% | £937pcm |
| June 2023 | 8.1% | £876pcm |
| June 2022 | 10.6% | £810pcm |
| June 2021 | 7.3% | £732pcm |
| June 2020 | 4.4% | £682pcm |
| June 2019 | 1.9% | £654pcm |
| June 2018 | 0.9% | £641pcm |
| June 2017 | 2% | £635pcm |
| June 2016 | 2.9% | £623pcm |
| June 2015 | 1.7% | £606pcm |
| June 2014 | 1.5% | £595pcm |
| June 2013 | -0.7% | £587pcm |
| June 2012 | -0.2% | £590pcm |
| June 2011 | -1% | £591pcm |
| June 2010 | 1.4% | £597pcm |
| June 2009 | -7.3% | £589pcm |
| June 2008 | 4.2% | £636pcm |
| June 2007 | 0% | £610pcm |
Sales History
The last recorded sale was on 2nd August 2022 for £185,000 and since then the market in the area has increased by 16.8%.
2, Michaelston-Le-Pit, Penarth, CF64 3EB has had 3 sales since 1995, none of them in the last three years.
- Sold Aug 2022£185,000 | 2 Bed FlatApartment 1, 2 Royal Buildings, Penarth, CF64 3EBApartment 1, 2 Royal Buildings, Penarth, CF64 3EB
- Sold Jul 2022£185,000 | 2 Bed FlatApartment 2, 2 Royal Buildings, Penarth, CF64 3EBApartment 2, 2 Royal Buildings, Penarth, CF64 3EB
- Sold Sep 2020£100,000 | 2 Bed FlatApartment 3, 2 Royal Buildings, Penarth, CF64 3EBApartment 3, 2 Royal Buildings, Penarth, CF64 3EB
Property Types
- 3 period flats built between 1800 and 1911
- period flat (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold May 2020£236,000 | 2 Bed FlatFirst Floor Flat, 8 Royal Buildings, Penarth, CF64 3EDFirst Floor Flat, 8 Royal Buildings, Penarth, CF64 3ED
- Sold Apr 2017£220,000 | 2 Bed FlatFlat 1, 12 Royal Buildings, Penarth, CF64 3EDFlat 1, 12 Royal Buildings, Penarth, CF64 3ED
- Sold Nov 2022£215,000 | 2 Bed FlatFlat 1, 10 Royal Buildings, Penarth, CF64 3EDFlat 1, 10 Royal Buildings, Penarth, CF64 3ED
Schools Nearby
Public Transport Nearby
The closest station to 2, Michaelston-Le-Pit, Penarth, CF64 3EB is Penarth station, which is 100 metres away.
- Penarth|100 m away
- Dingle Road|600 m away
- Cogan|1.5 km away
- Eastbrook|2.1 km away
