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2 Somerset Terrace is a residential building situated on Somerset Terrace, Bristol, BS3 with 3 addresses.
It ranks as the 641st largest and 903rd most expensive of the 1,098 buildings in the BS3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 3 properties: 3 flats.
2 Somerset Terrace is a residential building situated on Somerset Terrace, Bristol, BS3 with 3 addresses.
It ranks as the 641st largest and 903rd most expensive of the 1,098 buildings in the BS3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £296,328 for 2 bedroom leasehold flats (460 ft2) to £341,417 for 2 bedroom leasehold flats (580 ft2) .
Monthly rental prices range from £1,336 pcm for 2 bed flats to £1,522 pcm for 2 bed flats.
The gross rental yield is between 5.4% and 5.4%.
The average value per square foot is £632.
The last sale in 2 Somerset Terrace sold for £160,000 on 8th January 2009. Since then prices are up an average of 84.0%.
The current average value in the building is £313,775.
The 2 Somerset Terrace Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £313,775 |
| May 2025 | 0.1% | £317,823 |
| May 2024 | -0.1% | £317,439 |
| May 2023 | 0% | £317,869 |
| May 2022 | 6.3% | £317,721 |
| May 2021 | 3.8% | £298,921 |
| May 2020 | 2.5% | £288,095 |
| May 2019 | 1.4% | £280,961 |
| May 2018 | 2.4% | £277,178 |
| May 2017 | 5.1% | £270,687 |
| May 2016 | 14.6% | £257,478 |
| May 2015 | 8.6% | £224,646 |
| May 2014 | 9.4% | £206,907 |
| May 2013 | 1.9% | £189,081 |
| May 2012 | -0.2% | £185,533 |
| May 2011 | -1.2% | £185,903 |
| May 2010 | 8.8% | £188,109 |
| May 2009 | -12% | £172,879 |
| May 2008 | -3.6% | £196,505 |
| May 2007 | 0% | £203,820 |
The current average rental value in the building is £1,408.
The 2 Somerset Terrace Rental Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3% | £1,408pcm |
| May 2025 | 1% | £1,367pcm |
| May 2024 | 7.2% | £1,354pcm |
| May 2023 | 8.8% | £1,263pcm |
| May 2022 | 8.2% | £1,160pcm |
| May 2021 | 3.3% | £1,072pcm |
| May 2020 | 4.4% | £1,038pcm |
| May 2019 | 2.1% | £994pcm |
| May 2018 | 2% | £973pcm |
| May 2017 | -1.7% | £954pcm |
| May 2016 | 6.7% | £970pcm |
| May 2015 | 6.8% | £909pcm |
| May 2014 | 4.8% | £851pcm |
| May 2013 | 3.1% | £812pcm |
| May 2012 | 1.6% | £788pcm |
| May 2011 | 2% | £776pcm |
| May 2010 | 4.2% | £761pcm |
| May 2009 | -7.2% | £731pcm |
| May 2008 | 3.2% | £787pcm |
| May 2007 | 0% | £763pcm |
The last sale was on 8th January 2009 for £160,000 and since then the market in the area has increased by 84.0%. The building has had a total of 2 sales since 1995.
2, Somerset Terrace, Bristol, BS3 4LL has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Somerset Terrace, Bristol, BS3 4LL is Bedminster station which is 300 metres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Somerset Terrace, Bristol, BS3 4LL, 40.8% of property is privately owned with a mortgage and 27.7% 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 2, Somerset Terrace, Bristol, BS3 4LL, 16.1% of residents are recorded as possessing school level qualifications and 69.1% 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 2, Somerset Terrace, Bristol, BS3 4LL, the average age was 34.1 and the most common age was 32.
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 2, Somerset Terrace, Bristol, BS3 4LL, 2.4% 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 2, Somerset Terrace, Bristol, BS3 4LL, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.