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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Forge Way, Porthcawl is £193,098 and the estimated rental value is £1,071 per month.
Forge Way, Porthcawl, CF36 is located within the CF36 postal district.
4, Forge Way, Porthcawl has 21 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property 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 4, Forge Way, Porthcawl is in very good condition we estimate a sale value of £202,753 and a rental value of £1,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,581 and a rental value of £996 per month.
Over the last 12 months the sale value of 4 Forge Way Porthcawl has increased by an estimated £1,033 (0.5%) and its rental value has increased by an estimated £34 per month (3.2%), giving an expected gross yield of 6.7%.
4, Forge Way, Porthcawl has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jan 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Forge Way, Porthcawl was last sold on 3rd March 2023 for £178,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2023, the market for similar properties has dropped 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 680 metres radius of 4, Forge Way, Porthcawl over the last 2 years.
The most recent example is 8, Forge Way, Porthcawl, CF36 3RP, a freehold house which sold for £292,000 on the 27th June 2022.
Read more about house prices in CF36.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Way, Porthcawl, CF36 has a total of 21 addresses. According to our analysis of all the public data, 4, Forge Way, Porthcawl is the largest and the 16th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in CF36.
The closest station to 4, Forge Way, Porthcawl is Pyle station which is 4.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4, Forge Way, Porthcawl, 61.8% of property is privately owned outright and 23.5% 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 4, Forge Way, Porthcawl, 16.8% of residents are recorded as possessing school level qualifications and 31.8% 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 4, Forge Way, 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 4, Forge Way, Porthcawl, 0.0% 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 4, Forge Way, Porthcawl, there are an average of 1.2 cars per household.
See below for how this compares to Wales and the rest of England & Wales.