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8 Marine Terrace is a residential building situated on Marine Terrace, Aberystwyth, SY23 with 9 addresses.
It ranks as the 940th largest and 629th most expensive of the 1,007 buildings in the SY23 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 9 properties: 9 flats.
8 Marine Terrace is a residential building situated on Marine Terrace, Aberystwyth, SY23 with 9 addresses.
It ranks as the 940th largest and 629th most expensive of the 1,007 buildings in the SY23 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 9 properties: 9 flats.
Sale prices range from £153,004 for 2 bedroom leasehold flats (419 ft2) to £187,229 for 2 bedroom leasehold flats (645 ft2) .
Monthly rental prices range from £742 pcm for 2 bed flats to £861 pcm for 2 bed flats.
The gross rental yield is between 5.5% and 5.8%.
The average value per square foot is £350.
The last sale in 8 Marine Terrace sold for £182,000 on 26th September 2023. Since then prices are up an average of 5.2%.
The current average value in the building is £166,030.
The 8 Marine Terrace Sales Market has increased by 23.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £166,030 |
| May 2025 | 1.4% | £163,039 |
| May 2024 | 2.1% | £160,782 |
| May 2023 | -3.1% | £157,411 |
| May 2022 | 11.8% | £162,496 |
| May 2021 | 5.5% | £145,316 |
| May 2020 | 3.6% | £137,762 |
| May 2019 | 1.7% | £133,019 |
| May 2018 | -1.2% | £130,778 |
| May 2017 | -1.4% | £132,358 |
| May 2016 | 0.2% | £134,299 |
| May 2015 | 2.4% | £134,053 |
| May 2014 | 0.8% | £130,870 |
| May 2013 | -0.4% | £129,775 |
| May 2012 | -4.8% | £130,324 |
| May 2011 | -2.4% | £136,941 |
| May 2010 | 1.4% | £140,326 |
| May 2009 | -6.9% | £138,352 |
| May 2008 | -0.9% | £148,595 |
| May 2007 | 0% | £149,927 |
The current average rental value in the building is £788.
The 8 Marine Terrace Rental Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.1% | £788pcm |
| May 2025 | 3.8% | £750pcm |
| May 2024 | 5.1% | £723pcm |
| May 2023 | 10% | £687pcm |
| May 2022 | 3.6% | £625pcm |
| May 2021 | 2% | £603pcm |
| May 2020 | 3.8% | £591pcm |
| May 2019 | -1.8% | £570pcm |
| May 2018 | 2.5% | £580pcm |
| May 2017 | -1% | £565pcm |
| May 2016 | -0.6% | £571pcm |
| May 2015 | 1.3% | £575pcm |
| May 2014 | -0.9% | £567pcm |
| May 2013 | -0.4% | £572pcm |
| May 2012 | 0.5% | £575pcm |
| May 2011 | -1.6% | £572pcm |
| May 2010 | 1.4% | £582pcm |
| May 2009 | -3.9% | £573pcm |
| May 2008 | -6.4% | £596pcm |
| May 2007 | 0% | £637pcm |
The last sale was on 26th September 2023 for £182,000 and since then the market in the area has increased by 5.2%. The building has had a total of 8 sales since 1995.
8, Marine Terrace, Aberystwyth, SY23 2DR has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 8, Marine Terrace, Aberystwyth, SY23 2DR is Aberystwyth station which is 400 metres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Marine Terrace, Aberystwyth, SY23 2DR, 84.7% of property is privately rented and 9.2% is privately owned outright.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Marine Terrace, Aberystwyth, SY23 2DR, 52.7% of residents are recorded as possessing school level qualifications and 42.7% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Marine Terrace, Aberystwyth, SY23 2DR, the average age was 31.5 and the most common age was 22.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Marine Terrace, Aberystwyth, SY23 2DR, 0.6% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Marine Terrace, Aberystwyth, SY23 2DR, there are an average of 0.5 cars per household.
See below for how this compares to Wales and the rest of England & Wales.