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According to the public record, 38 The Rest, Rest Bay, Porthcawl is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 977 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38 The Rest, Rest Bay, Porthcawl is £486,609 and the estimated rental value is £2,011 per month.
Rest Bay, Porthcawl, CF36 is located within the CF36 postal district.
38 The Rest, Rest Bay, Porthcawl has a single entry in the Land Registry from February 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 38 The Rest, Rest Bay, Porthcawl is in very good condition we estimate a sale value of £510,939 and a rental value of £2,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,546 and a rental value of £1,870 per month.
Over the last 12 months the sale value of 38 The Rest Rest Bay Porthcawl has increased by an estimated £5,373 (1.1%) and its rental value has increased by an estimated £42 per month (2.1%), giving an expected gross yield of 5%.
According to HM Land Registry, 38 The Rest, Rest Bay, Porthcawl was last sold on 9th February 2023 for £480,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped 62.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38 The Rest, Rest Bay, Porthcawl within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 50 The Rest, Rest Bay, Porthcawl, CF36 3UP, a leasehold flat which sold for £525,000 on the 28th March 2024.
Read more about house prices in CF36.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rest Bay, Porthcawl, CF36 has a total of 70 addresses. According to our analysis of all the public data, 38 The Rest, Rest Bay, Porthcawl is the 35th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £210k more expensive than the average property in CF36.
The closest station to 38 The Rest, Rest Bay, Porthcawl is Pyle station which is 4.2 kilometres away.
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 38 The Rest, Rest Bay, Porthcawl, 48.0% of property is privately owned outright and 32.9% is privately owned with a mortgage.
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 38 The Rest, Rest Bay, Porthcawl, 16.7% of residents are recorded as possessing school level qualifications and 49.3% 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 38 The Rest, Rest Bay, Porthcawl, the average age was 51 and the most common age was 72.
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 38 The Rest, Rest Bay, Porthcawl, 0.9% 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 38 The Rest, Rest Bay, Porthcawl, there are an average of 1.6 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
