According to the public record, 8, Lake Road East, Cardiff is a mid-century apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lake Road East, Cardiff, CF23 is located within the CF23 postal district.
8, Lake Road East, Cardiff has no records in the Land Registry database and a single entry in the EPC database dated February 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Lake Road East Cardiff as £355,360 and the rental value as £1,570 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 Lake Road East Cardiff has increased by £10,067 (2.8%) and its rental value has increased by £87 per month (5.5%).
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 8, Lake Road East, Cardiff is in very good condition we estimate a sale value of £373,128 and rental value of £1,649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,484 and a rental value of £1,460 per month.
If you were able to purchase this property for the estimated value of £355,360, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,746 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8, Lake Road East, Cardiff within a radius of 439m over the last 2 years.
The most recent example is 72A, Lake Road East, Cardiff, CF23 5NN, a Leasehold flat which sold for £215,000 in Sep 2013.
Read more about house prices in CF23.
Lake Road East, Cardiff, CF23 has a total of 109 addresses. According to our analysis of all the public data, 8, Lake Road East, Cardiff is the 107th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in CF23.
8, Lake Road East, Cardiff has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Lake Road East, Cardiff is Heath Low Level station which is 1.3 km 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 8, Lake Road East, Cardiff, 48.8% of property is privately owned outright and 26.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 8, Lake Road East, Cardiff, 18.9% of residents are recorded as possessing school level qualifications and 54.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Lake Road East, Cardiff, the average age was 43.9 and the most common age was 17.
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 8, Lake Road East, Cardiff, 2.2% 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 8, Lake Road East, Cardiff, there are an average of 1.3 cars per household.
See below for how this compares to Wales and the rest of England & Wales.