8, Michaelston-Le-Pit - CF64 3ED
Key Building Insights
8, Michaelston-Le-Pit is a residential building situated on Michaelston-Le-Pit, Penarth, CF64 with 4 addresses.
It ranks as the 357th largest of the 499 buildings in the CF64 area.
The building contains a total of 4 properties: 2 flats and 2 other properties.
- Ave. Sale Price
- £324,106
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £1,596pcm
- 10 Year change
- up 65.0%
- Ave. £ per ft²
- £299/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Building Insights
8, Michaelston-Le-Pit is a residential building situated on Michaelston-Le-Pit, Penarth, CF64 with 4 addresses.
It ranks as the 357th largest of the 499 buildings in the CF64 area.
The building contains a total of 4 properties: 2 flats and 2 other properties.
- Ave. Sale Price
- £324,106
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £1,596pcm
- 10 Year change
- up 65.0%
- Ave. £ per ft²
- £299/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties on Michaelston-Le-Pit, Penarth, CF64
- 8 Royal Buildings Penarth
Period House
- First Floor Flat
2 Bed Period Flat
- Second Floor Flat
Period Flat
- Third Floor Flat
2 Bed Flat
Sales Market Trends
The last sale in 8, Michaelston-Le-Pit sold for £236,000 on 22nd May 2020. Since then prices are up an average of 18.7%.
The current average value in the building is £324,106.
The 8, Michaelston-Le-Pit Sales Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £324,106 |
| June 2025 | 2.3% | £325,107 |
| June 2024 | -2.2% | £317,862 |
| June 2023 | 2.1% | £324,871 |
| June 2022 | 8.9% | £318,037 |
| June 2021 | 7.6% | £292,044 |
| June 2020 | 3.1% | £271,496 |
| June 2019 | 0.6% | £263,386 |
| June 2018 | 4.8% | £261,686 |
| June 2017 | 3.5% | £249,645 |
| June 2016 | 4.2% | £241,309 |
| June 2015 | 6.8% | £231,607 |
| June 2014 | 6.7% | £216,770 |
| June 2013 | -0.8% | £203,208 |
| June 2012 | 1.6% | £204,839 |
| June 2011 | -1.1% | £201,619 |
| June 2010 | 11.3% | £203,923 |
| June 2009 | -9.9% | £183,224 |
| June 2008 | 0.5% | £203,451 |
| June 2007 | 0% | £202,452 |
Rental Market Trends
The current average rental value in the building is £1,596.
The 8, Michaelston-Le-Pit Rental Market has increased by 65.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,596pcm |
| June 2025 | 3.2% | £1,558pcm |
| June 2024 | 7.4% | £1,510pcm |
| June 2023 | 8.5% | £1,406pcm |
| June 2022 | 11% | £1,295pcm |
| June 2021 | 8.6% | £1,167pcm |
| June 2020 | 3.5% | £1,075pcm |
| June 2019 | 2.1% | £1,038pcm |
| June 2018 | 1.4% | £1,016pcm |
| June 2017 | 3.7% | £1,003pcm |
| June 2016 | 3.6% | £967pcm |
| June 2015 | 2.2% | £934pcm |
| June 2014 | 1.6% | £914pcm |
| June 2013 | 0% | £900pcm |
| June 2012 | 0.2% | £899pcm |
| June 2011 | 0.5% | £897pcm |
| June 2010 | 3.9% | £893pcm |
| June 2009 | -4.9% | £859pcm |
| June 2008 | 3.4% | £903pcm |
| June 2007 | 0% | £873pcm |
Sales History
The last recorded sale was on 22nd May 2020 for £236,000 and since then the market in the area has increased by 18.7%.
8, Michaelston-Le-Pit, Penarth, CF64 3ED has had 3 sales since 1995, none of them in the last three years.
- 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 Nov 2007£124,000 | 2 Bed FlatThird Floor Flat, 8 Royal Buildings, Penarth, CF64 3EDThird Floor Flat, 8 Royal Buildings, Penarth, CF64 3ED
- Sold Nov 2001£190,000 | 5 Bed House8 Royal Buildings, Penarth, CF64 3ED8 Royal Buildings, Penarth, CF64 3ED
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (3)
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 8, Michaelston-Le-Pit, Penarth, CF64 3ED is Penarth station, which is 100 metres away.
- Penarth|100 m away
- Dingle Road|600 m away
- Cogan|1.4 km away
- Eastbrook|2.1 km away
