48, Spencer Drive
48, Spencer Drive
Description & Estimates
Public records show 48, Spencer Drive, Penarth to be a modern freehold house with 688 ft2 of internal area, sitting on a 185 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
48, Spencer Drive, Penarth has an estimated sale value of £280,446 and an estimated rental value of £1,577 per month, assuming reasonable condition and based on the information available.
Spencer Drive, Llandough, Penarth, CF64 lies within the CF64 postal district.
Our Data Sources
48, Spencer Drive, Penarth has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated March 2020.
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
In very good condition, we estimate 48, Spencer Drive, Penarth would be worth £294,468, with a potential rental value of £1,656 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £260,815, with a rental value of £1,467 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 48, Spencer Drive, Penarth has grown by £2,278 (0.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £65 (4.1%). The property's estimated gross yield is currently 6.7%.
Plot Size
48, Spencer Drive, Penarth occupies a 185 m2 plot as recorded by HM Land Registry.
All 50 other houses in this postcode have recorded plot sizes, and this one ranks as the 48th largest.
Energy Efficiency
48, Spencer Drive, Penarth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
48, Spencer Drive, Penarth last changed hands on 10th December 2020, selling for £200,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 42.0% since December 2020.
- Sold Dec 2020£200,000
- Sold May 2007£173,000
- Sold Jun 1996£58,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 970 metres of 48, Spencer Drive, Penarth across the last 2 years.
Most recently, 38, Spencer Drive, Penarth, CF64 2LR, a freehold house, sold at £282,000 on the 17th November 2023.
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
Our analysis of the public data ranks 48, Spencer Drive, Penarth as the 40th largest and the 40th most expensive of the 50 addresses on Spencer Drive, Llandough, Penarth, CF64.
Against the CF64 postcode district average, it is £120k less expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Cogan station is the nearest stop to 48, Spencer Drive, Penarth at 900 metres away.
- 900mCogan
- 1.5kmEastbrook
- 1.8kmDingle Road
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
