38, Spencer Drive
38, Spencer Drive
Description & Estimates
38, Spencer Drive, Penarth is recorded publicly as a modern freehold house across 678 ft2 of internal area, sitting on a 230 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 38, Spencer Drive, Penarth is £278,174 and its rental estimate is £1,567 per month, given the available information and assuming reasonable condition.
Spencer Drive, Llandough, Penarth, CF64 falls within the CF64 postal district.
Our Data Sources
38, Spencer Drive, Penarth has 2 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 38, Spencer Drive, Penarth, we estimate a market value of £292,082 and a rental value of £1,646 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £258,701 and £1,458 per month respectively.
Recent Market Change
Over the last year, 38, Spencer Drive, Penarth has seen its estimated sale value increase by £2,259 (0.8%) and its estimated rental value grow by £65 per month (4.1%). This results in an estimated gross rental yield of 6.8%.
Plot Size
HM Land Registry records the plot of land for 38, Spencer Drive, Penarth as measuring 230 m2.
That makes it the 42nd largest plot in the postcode, where all 50 other houses have recorded plot data.
Energy Efficiency
38, Spencer Drive, Penarth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Spencer Drive, Penarth completed on 17th November 2023 at £282,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 21.5% over the period since November 2023.
- Sold Nov 2023£282,000
- Sold Oct 2017£182,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Spencer Drive, Penarth have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd September 2023, was 44, Spencer Drive, Penarth, CF64 2LR, a freehold house which sold for £245,000.
Read more about house prices in CF64.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 50 addresses on Spencer Drive, Llandough, Penarth, CF64, 38, Spencer Drive, Penarth comes out as the 45th largest and the 44th most expensive in our analysis of the public data.
It is also £123k less expensive than the average property across the CF64 district.
More reading links
Schools Nearby
Public Transport Nearby
From 38, Spencer Drive, Penarth, the nearest station is Cogan, 900 metres away.
- 900mCogan
- 1.5kmEastbrook
- 1.8kmDingle Road
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
