56 Lake Road East, Cardiff, CF23 5NN is a leasehold flat built between 1950-1966. The property offers approximately 1,862 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £226,063 , which equates to approximately £121 per square foot. It was last sold on 22 Mar 2012 for £145,000. Since then, the value has increased by £81,063, representing a 55.9% increase, or approximately 4.1% per year.

The current estimated value of £226,063 is:

  • 70.4% lower than the average property price on Lake Road East
  • 67.9% lower than the average in the CF23 5NN postcode area
  • and 32.9% lower than the average price for Cardiff as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 30 July 2023, the property was recorded as rented.

View sold house prices in CF23 5NN

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
1862 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£226,063
Price Per sq ft (estimate)
£121
Bedroom Count (estimate)
6 bedrooms

EPC Summary

56 Lake Road East, Cardiff, CF23 5NN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Jul 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are mostly double glazed.

The previous EPC assessment was conducted on 16 Sep 2022, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 15%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from average to very good.
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Mostly double glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CF23 5NN

18 th / 25
Price Rank
68% lower than average
7 th / 16
Size Rank
24% bigger than average
16 th / 16
Price Per Sq FT Rank
74% lower than average

Compared to other properties in CF23 5NN , this flat's estimated value ranks 18th out of 25. Based on price per square foot, it ranks 16th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 7th out of 16 properties in its postcode area.

Sale History

Today
£226,063
streetscan.co.uk estimate
+56 %
22 Mar 2012
£145,000
Leasehold
+81.3 %
24 Nov 1997
£80,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1615 sq ft
sale price: £590,000
sale date: 14 Mar 2016

Data Sources

The property at 56 Lake Road East, Cardiff, CF23 5NN appears two times in the Land Registry records, with the latest transaction recorded on 22 Mar 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jul 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.