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1 New Marchants Passage is a residential building situated on New Marchants Passage, Bath, BA1 with 29 addresses.
It ranks as the 1646th largest and 522nd most expensive of the 1,674 buildings in the BA1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 29 properties: 29 flats.
1 New Marchants Passage is a residential building situated on New Marchants Passage, Bath, BA1 with 29 addresses.
It ranks as the 1646th largest and 522nd most expensive of the 1,674 buildings in the BA1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 29 properties: 29 flats.
Sale prices range from £214,328 for 1 bedroom leasehold flats (355 ft2) to £351,938 for 2 bedroom leasehold flats (914 ft2) .
Monthly rental prices range from £1,119 pcm for 1 bed flats to £1,603 pcm for 2 bed flats.
The gross rental yield is between 5.5% and 6.3%.
The average value per square foot is £493.
The last sale in 1 New Marchants Passage sold for £300,000 on 27th September 2024. Since then prices are down an average of 1.0%.
The current average value in the building is £276,847.
The 1 New Marchants Passage Sales Market has increased by 9.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.3% | £276,847 |
| May 2025 | 1.2% | £283,320 |
| May 2024 | -2.1% | £279,963 |
| May 2023 | 2.3% | £285,996 |
| May 2022 | 5.2% | £279,546 |
| May 2021 | 3.1% | £265,757 |
| May 2020 | 2.1% | £257,662 |
| May 2019 | -1.9% | £252,310 |
| May 2018 | -0.4% | £257,247 |
| May 2017 | 2.2% | £258,380 |
| May 2016 | 13.2% | £252,913 |
| May 2015 | 7.3% | £223,361 |
| May 2014 | 5.9% | £208,159 |
| May 2013 | 1.7% | £196,611 |
| May 2012 | 1.4% | £193,314 |
| May 2011 | 0.6% | £190,667 |
| May 2010 | 5.8% | £189,531 |
| May 2009 | -9.6% | £179,129 |
| May 2008 | 0.5% | £198,234 |
| May 2007 | 0% | £197,237 |
The current average rental value in the building is £1,385.
The 1 New Marchants Passage Rental Market has increased by 51.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.5% | £1,385pcm |
| May 2025 | 5.3% | £1,312pcm |
| May 2024 | 7.1% | £1,245pcm |
| May 2023 | 8.7% | £1,163pcm |
| May 2022 | 7.7% | £1,070pcm |
| May 2021 | 4.9% | £993pcm |
| May 2020 | 2.4% | £947pcm |
| May 2019 | 0.3% | £925pcm |
| May 2018 | -1.3% | £922pcm |
| May 2017 | 1.9% | £934pcm |
| May 2016 | 5.8% | £917pcm |
| May 2015 | 4.8% | £866pcm |
| May 2014 | 2.2% | £827pcm |
| May 2013 | 0% | £809pcm |
| May 2012 | 3.2% | £810pcm |
| May 2011 | 1.2% | £784pcm |
| May 2010 | 1% | £775pcm |
| May 2009 | -8.3% | £767pcm |
| May 2008 | 7.8% | £836pcm |
| May 2007 | 0% | £775pcm |
The last sale was on 27th September 2024 for £300,000 and since then the market in the area has decreased by 1.0%. The building has had a total of 41 sales since 1995.
1, New Marchants Passage, Bath, BA1 1AR has seen 2 sales in the last three years and no sales in the last twelve months.
The closest station to 1, New Marchants Passage, Bath, BA1 1AR is Bath Spa station which is 200 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, New Marchants Passage, Bath, BA1 1AR, 65.0% of property is privately rented and 10.7% is privately owned outright.
The graph below shows how this compares to South West 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 1, New Marchants Passage, Bath, BA1 1AR, 34.8% of residents are recorded as possessing school level qualifications and 57.6% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, New Marchants Passage, Bath, BA1 1AR, the average age was 40.8 and the most common age was 22.
The graph below shows how this compares to South West 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 1, New Marchants Passage, Bath, BA1 1AR, 1.5% of property was a second home.
Comparison figures for South West 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 1, New Marchants Passage, Bath, BA1 1AR, there are an average of 0.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
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.